If you’re looking to enhance your trading strategy, the ADXCrossing indicator is a powerful tool worth considering.
Your trading signals will come alive when a colorful indicator dot pops up on your chart, guiding your next move.
To get started, make sure you have the compiled indicator file, ADXCrossing.ex5. You’ll need to place this file in the following directory: <terminal_data_folder>\MQL5\Indicators.
Another great feature is the TradeAlgorithms.mqh library, which allows you to use Expert Advisors with brokers that offer non-zero spreads. Plus, it gives you the flexibility to set your Stop Loss and Take Profit right when you open a position. If you want to explore more options, check out additional variants of the library at https://www.mql5.com/en/code/1578.
The tests below were conducted using the default input parameters of the Expert Advisor, and it’s worth noting that no Stop Loss or Take Profit settings were applied during these tests.
Fig.1. Examples of deals on the chart
Here are the testing results for the year 2014 on the USDJPY H1 timeframe:
Fig.2. Testing results chart
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