Watch how to download trading robots for free
Find us on Telegram!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
Experts

ADX MACD Deev - expert for MetaTrader 5

Published by:
Vladimir Karputov
Views:
15389
Rating:
(35)
Published:
2019.02.07 09:07
ADX MACD Deev.mq5 (85.08 KB) view
MQL5 Freelance Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Idea by: Dmitry

mq5 code by: barabashkakvn

An EA based on technical indicators:

  • iADX (Average Directional Movement Index, ADX) for the movement strength direction.
  • iMACD (Moving Average Convergence/Divergence, MACD) for identifying the movement direction;

Transactions are made when the basic and signal MACD lines move upwards (for buying) and downwards (for selling). In this case, the indicators must be in the same direction at a certain number of bars: For ADX, it is ADX: bars interval; for MACD, it is MACD: bars interval.

In both cases, the main ADX line must move upwards and be above the value of 20 (ADX: minimum).

Closing a half of the position lot size (Take half the profit) and trailing have been realized.

Please note parameter Take half the profit. If you set Take half the profit for true, then the Take Profit of the position will not be placed (if even Take Profit is set for above zero). Instead, Take Profit will work as a step to take a half of the profit. The picture below demonstrates well how Take half the profit works:

ADX MACD Deev

Taking a half of the profit works only once. Then the position will be closed by triggering the Stop Loss.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/23595

Day(hight-low) Day(hight-low)

A script for automatically drawing the levels of the intraday High/Low on the FORTS trading session. There is also an option to draw the levels of the night High/Low prices (if the latter ones are beyond the intraday ones)

BITEX.ONE MarketMaker v1.01 BITEX.ONE MarketMaker v1.01

The market maker robot for trading futures and swap cryptocurrency contracts

CandlesAutoFibo_Grand_xN CandlesAutoFibo_Grand_xN

Indicator CandlesAutoFibo_Grand with the option of changing the number of segments in the graphical object of Fibo levels using one input parameter

SetColorFiboLevels_Grand_xN SetColorFiboLevels_Grand_xN

The script builds the Fibonacci Levels graphical object with the option of selecting the number of its segments