About the ADX Expert Advisor
The ADX EA Metatrader 4 Forex Robot is an automated forex trading software that uses the Average Directional Index (ADX) indicator to deliver breakout and cross entry and exit signals that are implemented on autopilot.
The construct of the ADX EA trading robot implies that position entry is possible only when the ADX line crosses the main line from bottom up.
If during the crossover the +DI overlaps the –DI above, a buy order is triggered by the ADX EA, and if otherwise, a sell order gets printed.
The ADX EA is quite easy to implement and monitor.
It is on record that the ADX EA also has a built-in money management system that automates how much an account is risking.
You can always personalize your experience by tweaking the ADX EA’s input values.
Free Download
Download the “Adx EA.mq4” MT4 robot
Key Features
Trend Strength Detection
Uses the ADX indicator to measure the strength of ongoing trends, helping traders enter only high-probability trades.
Adaptive Trade Entry
Automatically enters buy or sell trades when trend conditions meet preset criteria, ensuring precise market entries.
Dynamic Stop Loss & Take Profit
Adjusts stop loss and take profit levels dynamically based on market volatility, protecting profits and minimizing losses.
Multiple Currency Pair Support
Can be used on major, minor, and exotic pairs, allowing for diversified trading strategies.
Custom Alerts
Sends notifications or alerts when new trade opportunities are detected, keeping traders informed in real-time.
Backtesting Friendly
Fully compatible with MT4 Strategy Tester for testing historical performance and fine-tuning parameters.
Strategy Tester Report
Find below the ADX EA forex robot strategy tester report for the EUR/USD forex pair on the daily chart.
Key Performance
The EA made a total profit of $162391.23 from a total of 80 trades.
The largest winning trade generated $27275.88 in profits, while the largest losing trade generated a loss of $13107.64.
Statistics:
Bars in test: 2353 ticks modelled
Initial deposit: $10000.00
Total net profit: $162391.23
Total trades: 80
Largest profit trade: $27275.88
Largest loss trade: -$13107.64
Consecutive wins: 3
Consecutive losses: 1
How the EA Works
- Monitors the ADX indicator for trend strength.
- Generates buy signals when the ADX is above a certain threshold, indicating a strong uptrend.
- Generates sell signals when the ADX is above a certain threshold, indicating a strong downtrend.
- Executes trades automatically when conditions are met.
- Manages open trades with user-defined risk parameters.
Download Now
Download the “Adx EA.ex4” Metatrader 4 robot
Parameters & Settings
- ADX_Period — period for the ADX indicator.
- ADX_Threshold — threshold level for trend strength.
- StopLoss — stop loss level in pips.
- TakeProfit — take profit level in pips.
- LotSize — trade lot size.
- Risk_Percent — percentage of account balance risked per trade.
- MagicNumber — unique identifier for trades placed by this EA.
Recommended Trading Setup
- Pairs: EUR/USD, GBP/USD, USD/JPY for liquidity and low spreads.
- Timeframes: H1 and H4 for optimal trend identification.
- Broker: ECN or low-spread broker recommended for accuracy.
- Account Type: Standard or ECN with fast execution.
- Risk Management: 1–2% per trade for account stability.
FAQ
What is the best timeframe for this EA?
H1 and H4 timeframes are recommended for optimal trend detection, but it can be used on other timeframes with careful settings.
Can this EA run on multiple charts simultaneously?
Yes, you can attach the EA to multiple charts and currency pairs at the same time. Make sure to use unique Magic Numbers for each chart.
Does the EA work in sideways or ranging markets?
The EA performs best in trending markets. In ranging or choppy markets, performance may be reduced.
Is it compatible with all brokers?
Yes, but brokers with low spreads and fast execution speeds, preferably ECN accounts, are recommended for best performance.
How can I optimize its performance?
Adjust input parameters like ADX period, threshold levels, and risk percentage to match your account size and the volatility of the pair being traded.
Summary
The ADX EA MT4 Forex Robot is a disciplined automated trading solution that optimizes every trade according to predefined risk and reward parameters.
It combines automated execution, adaptive trade management, and multi-pair compatibility to help traders maintain consistency.
By adjusting the EA’s inputs to match account size and market conditions, traders can achieve steady performance while controlling risk.
