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.
Buy order: The ADX bot places a buy trade when ADX+ crosses above ADX- from below and the ADX trend strength exceeds 20.
Sell order: The ADX bot places a sell trade when ADX- crosses above ADX+ from below and the ADX trend strength exceeds 20.
Currency pairs: any
Best time frames: 5 min charts and up
Download the ADX-Forex-Robot.ex4.
Configurable Expert Advisor Options
Lots, ADX, Magic number …