ADXB - 趋势跟踪策略 EA (ADXB - A trend following strategy EA)

Hi traders,

First things first: This is a strategy I'm trading manually live on Index CFD and JPY pairs, having quite interesting results, reason why i decided to put some code on



Objective :
Catching noiseless trends and avoiding range/choppy markets

Means :
Using a mid-term ADX and its moving average (parameters of these two will depend on your own optimization, feel free to share yours)

Entries :
On ADX / ADXMA upward cross, i.e when a trend appears and accelerates

Direction :
Long if DI+ > DI-, Short if DI- > DI+

SL/TP/TS :
Custom blends of 2 ATR and an average HiLo

Alternative exit :
When the entry condition flips over (DI+ > DI- >> exit short; DI- > DI+ >> exit long)

I added an MA to MetaQuotes' ADX in order to come up with the custom indi ADX+ADXMA you'll find down this post, it was quite easy hence I'm sharing the MQL file
I will share the EA's code with those among you who're keen on coding and interested in improving the whole strategy, keeping it simple.

Instruments :
My forward test has shown that The following instruments and TF give the highest profit factors:
GBPJPY | USDJPY | AUDJPY | CADJPY | USDCAD | GBPUSD | UK Oil | Gold | Dax30 | S&P 500

Timeframes :
Commodities >> H4
Fx cross >> M30 to H1
Index >> H1 to H4

Enclosed:
- ScreenShot of the setup using the TPL you'll find below
- The template I use with the EA
- ADX+ADXMA indicator used by the EA
- ADX Bone, the EA (version beta 0.2)