ADX RSI EMA V2.0 EA
The ADX RSI EMA V2.0 EA is a robust automated trading system for MetaTrader 4, combining three powerful indicators: ADX (Average Directional Index), RSI (Relative Strength Index), and EMA (Exponential Moving Average). This EA is designed to detect trend strength, identify overbought and oversold conditions, and follow the trend direction, offering a balanced and versatile approach to market analysis.
Key features include:
- Trend Detection: Utilizes the ADX to measure trend strength, avoiding low-volatility conditions.
- Overbought/Oversold Signals: Uses RSI to determine when the market is overextended, signaling potential reversals.
- Trend Confirmation: The EMA provides a smooth trend-following filter for entry and exit signals.
- Risk Management: Incorporates Trailing Stop, Breakeven, and Martingale options for dynamic risk control.
- Session Control: With options like the “TIMER_MINI” feature, the EA can be set to trade only during specific sessions.
- Spread and Notification Control: Includes spread filters to avoid high-cost trades and notification options to keep the trader informed.
This EA is ideal for traders who prefer trend-following strategies while incorporating risk management and flexibility to suit different trading styles.
