Expert Advisor Based on SAR, ADX, and SMA 100 Indicators
Info
The Expert Advisor Based on SAR, ADX, and SMA 100 Indicators is a Expert Advisor for MetaTrader 5 that this expert advisor is developed in mql5 language and utilizes the following indicators:simple moving average (sma) with a period of 100 bars. Average Directional Movement Index (ADX) with a period of 14 bars.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Expert Advisor Based on SAR, ADX, and SMA 100 Indicators
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
This Expert Advisor is developed in MQL5 language and utilizes the following indicators:Simple Moving Average (SMA) with a period of 100 bars.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: Market Miner Expert Advisor - another powerful expert for MetaTrader 5 traders.
This Expert Advisor is developed in MQL5 language and utilizes the following indicators:Also recommended: Weekly Day Reversal Expert Advisor - similar expert with strong performance on MetaTrader 5.
Simple Moving Average (SMA) with a period of 100 bars.Average Directional Movement Index (ADX) with a period of 14 bars.
Parabolic SAR indicator.
The EA is currently undergoing testing on various currency crosses using the 15-minute timeframe. This testing aims to evaluate its performance across different market conditions.
This version has been updated to reflect current industry standards and testing methodologies as of 2026.
You may also like: Simple EMA Cross Expert Advisor with Stop Loss, Take Profit, and Magic Number - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#define magicma 20050610
#include <trade\trade.mqh>
input int adx_period=14; // adx period
input double lots = 0.1; // lots
input double maximumrisk = 0.002; // maximum risk in percentage
input double decreasefactor = 3; // descrease factor
input int movingperiod = 100; // moving average period
input int movingshift = 0; // moving average shift.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.