Fractal ADX Cloud Trading System
Info
The Fractal ADX Cloud Trading System is a Expert Advisor for MetaTrader 5 that this trading system utilizes the crossing of the di+ and di- lines of the fractal adx cloud indicator to generate trading signals. A signal is confirmed when a bar closes after the red and green lines of the indicator have crossed.
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 Fractal ADX Cloud Trading System
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 trading system utilizes the crossing of the DI+ and DI- lines of the Fractal ADX Cloud indicator to generate trading signals.
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: Gold MT5 Fractal Breakout EA - another powerful expert for MetaTrader 5 traders.
This trading system utilizes the crossing of the DI+ and DI- lines of the Fractal ADX Cloud indicator to generate trading signals.Also recommended: trade signals based on dark cloud cover/piercing line + stochastic - similar expert with strong performance on MetaTrader 5.
A signal is confirmed when a bar closes after the red and green lines of the indicator have crossed.Installation:
Place the fractal_adx_cloud.ex5 and fractal_adx_cloud_htf.ex5 compiled files into the <terminal_data_folder>\mql5\indicators directory.
HTF Indicator Usage:
The fractal_adx_cloud_htf indicator within the Expert Advisor (EA) is primarily for trend visualization in the Strategy Tester. It is inactive in other operational modes.
Integrated Indicators:
The exp_fractal_adx_cloud.ex5 Expert Advisor includes the fractal_adx_cloud.ex5 and fractal_adx_cloud_htf.ex5 indicators as embedded resources. Therefore, these indicators do not need to be separately present in the terminal folder for the compiled EA to function correctly. This integration is achieved by including the indicator code as resources within the EA.
Resource Integration:
The compiled indicator files are embedded as resources at the global scope.
//---- include the indicators in the ea code as resources
#resource "\indicators\fractal_adx_cloud.ex5"
#resource "\indicators\fractal_adx_cloud_htf.ex5"
Indicator resource paths within the oninit() function block have been updated.
Testing Parameters:
The default Expert Advisor input parameters were used for the following tests. Stop Loss and Take Profit were not employed during these tests.
Figure 1. Examples of trades on the chart.
Testing Results (2015 USDJPY H12 timeframe):
Figure 2. Chart of testing results.
You may also like: trade signals based on dark cloud cover/piercing line + cci indicator - excellent alternative for expert users on MetaTrader 5.
Source Code
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⚠ 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.