FreelanceSections

An Expert Advisor based on Two Moving Averages and the ADX indicator

MQL4 Experts

Specification

The Moving Average ADX Indicator Expert Advisor For MT4. To work on all Timeframes.

With this EA Both Moving Averages must be pointing in the same direction regardless of Buys or Sales.

Logic For Buys
Both moving averages must be pointing upwards, the fast and the slow.

Coupled with the ADX Indicator to confirm the trend.
The ADX indicator line must be above the 25 level and the +Di line must be above the -Di line to trigger buys. (Of course the ADX Indicator line will be adjustable.)

Logic For Sales
Both Moving averages must be pointing downwards, the fast and the slow.

Coupled with the ADX Indicator to confirm the trend.
The ADX indicator line must be above the 25 level and the -Di line must be above the +Di line to trigger sales. 

Additionally as long as the logic remains in place the EA will continue to buy or sale on every candle See attachments for Input information.






Files:

PNG
Trade Rules Examples.png
376.6 Kb
TXT
Moving Average ADX Expert Advisor V1.txt
1.2 Kb

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