The MACD-ADX robot uses signals from the MACD indicator to trade long or short in the market. The ADX indicator is used to prevent the expert advisor from trading during range-bound markets.
By default, ADX readings must exceed 25 in order to start trading signals from the MACD cross-over. Traders have the ability to modify all expert advisor settings: stop loss, take profit, MACD, ADX…
ADX-MACD EA Example (EURUSD H1)
Platform: Metatrader 4
MT4 Expert advisor (EA) type: Cross-Over trading signals