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ADX Simple

Developed by Rafael Maia de Amorim

The ADX Simple uses the ADX indicator applied to price low in a default 25 periods. The EA uses all the indicator capabilities and options to generate signal, which means that will check for AD , AD- crosses, and the position of the main ADX line.


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(4.71KB) Version ADX_Simple_1

Expert Reviewed
Our rating: Rated 2 out of 5 stars
Avg rating: Rated 0 out of 5 stars
TypeEA
PairsALL
Time frames ALL
Test profit -1
Test max drawdown -1
Market sessionsASIA, AMERICA, EUROPE
Required experiencebeginner
CompatibilityMT4
CodeSource Code
Details
LicenseFree
Price0 USD
Price description

Updated: 04/02/2011

Screenshots and Videos

Expert Reviews

Expert Technical Review

How the software works

Trading signals are triggered using the crosses between the ADX and ADX- lines.

Main Settable Options

The configurable options of this indicator are:
Lots = 0.01 Sets the number of lots.
ADX = 25 Defines periods for the ADX indicator.
NumeroMagico = 100 Sets the Magic Number for the orders.

Technical Verdict

ADX Simple is a very simple Expert Advisor that can be useful to build a more advanced strategy but that is not recommended to use to trade on real accounts.
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