NO.7 Free EA for MT5 Using Average Directional Movement Index by Welles Wilder #FX Automatic Trading
Average Directional Movement Index by Welles Wilder
After the rear axle bond, based on the mean direction movement index by Wells Wilder
Attribute from ADXW 25 (ADXW_sikiiti): Trend Trend Here in “Progress”
ADXW is 25 (ADXW_sikiiti)
・ When + DI penetrates -DI from bottom to top (+ DI> -DI)
If it exceeds, buy it.
・ When -DI penetrates + DI from bottom to top (+ DI <-DI) If it falls below, sell it. If you have a position, If the index reverses After closing the position Get the opposite position.
InPut input value setting (variable name initial value explanation)
“Average Directional Movement Index by Welles Wilder”
ADXW_period = PERIOD_CURRENT; // ADX calculation target time axis
ADXW_period_kikan = 14; // ADX calculation period
ADXW_sikiiti = 25; // ADX judgment threshold
//Profit ant Stop loss setting
TP_Bairitu = 0; //Profit when ordering : 0 = Not set, Other than= Rate from current price >> Example: 0.005
SL_Bairitu = 0; //Profit when ordering : 0 = Not set, Other than= Rate from current price >> Example: 0.005
//At the time of tick
TP_kin = 100; //tick time Profit : 0 = not set, Other than = Fixed value >> Example: 100
SL_kin = -100; //tick time Stop loss : 0 = not set, Other than = Fixed value >> Example: -100(Negative value)
//lot and magic number
input double Fix_Lot = 0.01; //Order lot
input ulong MagicNumberA = 123456789; //magic number
input bool log_out = 0; //output the log
input bool DamiDami = 0; //Dummy setting for optimizing invalidity
TP_Bairitu and SL_Bairitu are set when the position is acquired.
If it is 0, there is none.
If 0.01, the current price is
If it is 100 yen, the profit will be 101 (100 + 100 * 0.01).
The stop loss is 99 (100-100 * 0.01).
Enter fixed values for TP_kin and SL_kin. Judgment is made for each Tick.
If you enter TP_kin as 1000, it will be settled when the profit and loss becomes 1000 or more.
If you enter -100 in SL_kin, the profit and loss will be settled when it exceeds -100.
Enter a negative value for SL_kin.
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