The ADX system Forex robot for MT4 works on the ADX technical indicator trade logic to open and close trades on autopilot.
The ADX EA works for any currency pair and time frame and looks for bigger profits.
The default take profit limit is set to 100 pips for each trade.
The EA gives you the option to use a trailing stop loss.
The EA’s trade logic is very simple:
- The ADX system EA opens a buy trade when DMI+ crosses above DMI- from below and the ADX trend strength value reaches the threshold value.
- The ADX system EA opens a sell trade when DMI- crosses above DMI+ from below and the ADX trend strength value reaches the threshold value.
Default EA settings:
Take profit:100, lots:1, stop loss: 30
All default EA settings can be modified directly by editing the source code or changing the robot’s input values.
It’s highly recommended to test the ADX system expert advisor for MT4 first on a demo account before going live with it.
Download This MT4 Forex Robot Free
Download the “ADX_System.mq4” Metatrader 4 Robot
Strategy Tester Performance Report
Find below the MT4 strategy tester performance report the Divergence Forex expert advisor.
Strategy Tester Performance Highlights
The ADX system trading robot made a total profit of $6328.08 from 49 trades during the test period.
The largest winning trade generated $880.00 in profits, while the biggest losing trade lost -$373.56.
See the test results report above for all details.
Download This Expert Advisor Now
Download the “ADX_System.mq4” MT4 Expert Advisor
Adjustable Parameters
Lots, take profit, trailing stop, stop loss
More Info About This Expert Advisor
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: trend
Installation
Copy and paste the expert advisor in the MT4 experts data folder.
Then restart the MT4 terminal and attach it to any chart.
