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Recomended BrokerAW ADX based EA
- List of product options
| CODE | Trading platform | Availability | Price | ||
|---|---|---|---|---|---|
|
|
$45.00 | ||||
|
612432C351A4A
|
$45.00 |
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- Grid
- Scalping
- Trend
AW ADX based EA
The Expert Advisor trades according to the signals of the ADX indicator. The classic strategy of determining the trend by the values of PlusDi and MinusDi relative to each other is used when the trend is active, determined by the main line of the indicator. Trading is carried out in the direction of the current trend.
Advantages:
- Configurable indicator signals
- Suitable for any type of instrument and any timeframe
- Uses averaging if necessary
- Pluggable system of overlapping the first order by the last one
- Virtual TakeProfit
- Has three types of notifications
- Ability to automatically calculate trading volumes
Strategy:
The Expert Advisor works according to indicator signals ADX
To open positions, three indicator lines are used: main, minus, plus
- The main line shows the intensity of the trend, that is, the activity with which the price moves
- And the other two lines indicate what the current trend is at the moment.
- If the plus line is higher than the minus line, this indicates an uptrend at the current moment.
- If the minus line is higher, it is an indicator of a downtrend
When there is no pronounced difference between the lines, then the market is currently in a flat, that is, there is no pronounced trend
Signals:
When the value of the main line is higher than the minimum, and it grows up, this means that the current trend in the market is strengthening
- Buy signal - when the main line is above the minimum value, while it grows, and the plus line is higher than the minus one
- A sell signal is when the main line is greater than the minimum value and it grows. In this case, the minus line is located above the plus
The graphical elements of the indicator are not displayed in the advisor!
Input variables:
MAIN SETTINGS
- Size of the first order - Volume for opening the first order
- Enable Autolot calculation - Use automatic lot calculation. Autolot allows you to save risk settings when changing the deposit
- Autolot deposit per 0.01 lots - Deposit volume for every 0.01 when using autolot
SIGNALS
- ADX Timeframe - Indicator timeframe
- Period ADX - The period for the indicator, the higher the value, the fewer trades
- Fast Applied price ADX - Indicator price used
- Minimum Value ADX - The minimum value above which the main line must be in order to receive signals
GRIDS SETTINGS
- Minimum step between average orders - A variable that regulates the step between orders, measured in points
- Multiplier for average orders - Each subsequent order opened by the advisor in the order grid will be larger than the previous one by a given coefficient
TAKE PROFIT SETTINGS
- Size of Virtual TakeProfit (In points) - Size virtual Take Profit . It is calculated for the current group of orders from the breakeven price
- Use overlap last and first orders - Use the overlap of the first order by the last
- Use overlap after that number of orders - Use the overlap of the first order by the last one after the given number of open orders
PROTECTION SETTINGS
- Maximum slippage in points - The maximum allowable slippage in points for opening and closing orders
- Maximum spread in points - The maximum allowable spread for opening orders. Measured in points
- Maximum number of orders - The maximum allowed number of orders of the same type
- Maximum size of orders - The maximum volume for one order. Measured in lots
ADVISOR SETTINGS
- Orders Magic number - MagicNumber orders advisor
- Comments of the EA's orders - Comments for the EA's orders
- Allow to open OP_BUY orders - Allow the advisor to open orders of the OP_BUY type
- Allow to open OP_SELL orders - Allow the advisor to open orders of the OP_SELL type
- Allow to open new orders after close - Allow to send new orders after all orders are closed
- Show panel of advisor - Ability to show or hide the advisor panel
- Font size in panel - Adjust the font size on the panel
NOTIFICATIONS SETTINGS
- Send push notifications when closing orders - notifications to the mobile version of the terminal, when orders are closed
- Send mails when closing orders - Sending letters to an email address when closing orders
- Send alerts when closing orders - Sending pop-up notifications on the terminal when orders are closed
