Forex Earth Robot added indicator ADX , number of candles before and after signal, so this EA is fully updated. Read the latest reviews.submitted by iforexrobot to u/iforexrobot [link] [comments]
ADX finds a ratio of +DI and -DI in such a way to show the consistency of the price moving in a single direction or how stable the trend is. When ADX is above 25, the market is trending. As the higher the value of ADX is, the stronger is a trend. When ADX is below 25, the market enters a range state. The default period of the indicator is 14. The free ADX forex robot trades upon the crossover of ADX+ and ADX-. It’s a trend following forex robot. The ADX trend strength itself is a filter to avoid trading extremely tight market ranges. Trading Signals. Buy order: The ADX bot places a buy trade when ADX+ crosses above ADX- from below and the ADX trend strength exceeds 20. 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 positions entry is possible only when the ADX line crosses the main line ... automated trading best forex robot Forex advisor ADX indicator forex advisor CCI forex EA free forex robot free download forex scalper robot Intraday autotrading robot free Keltner channel autotrading forex robot moving average robot Spread forex indicator. You may have missed . Trade strategies ; ADX + MA Metatrader 4 Forex Robot. The ADX + MA Metatrader 4 Forex Robot is an algorithmic trader whose strategy is based on the average directional index (ADX) and the moving averages indicator. When opening positions, the ADX + MA forex robot will do so in the direction of the strong trend, thereby minimizing risk and increasing profit potential.
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