ADX EA
Logic:
- Breakout:
- Executes trades based on breakout strategies using ADX and DI indicators.
- Enters trades when specific breakout levels and trend filters are met.
- Trend-Following:
- Uses ADX, DI, and moving averages to determine the trade direction.
- Buys when ADX and +DI indicate a strong upward trend.
- Sells when ADX and -DI indicate a strong downward trend.
- Order Management:
- Implements dynamic lot sizing based on account balance and risk percentage.
- Uses trailing stop to secure profits when the price moves favorably.
- Moves stop loss to break even after a certain number of pips.
- Trailing Stop:
- Adjusts stop loss dynamically to lock in profits as the trade progresses.
- Dynamic Lot Sizing:
- Adjusts the lot size based on account balance and specified risk percentage.
- Allows for both fixed and variable lot sizes depending on the configuration.
