Skip to content
All library documents

ADX Crossing Signals for an Automated USDJPY Trading System

Article MQL5 code base
Read the original

Summary

This document describes an Expert Advisor that uses the ADXCrossing indicator to make trade decisions when a colored dot appears. It identifies the required compiled indicator and notes that the example tests used the system’s default inputs. The setup therefore depends on a separate indicator and specified trading software components.

The document reports a test on USDJPY hourly data for 2014 and refers to a chart of the results, but it provides no performance figures or detailed rules for interpreting the indicator’s signals. Stop loss and take profit were disabled in those tests, limiting what can be inferred about risk control. The material offers a basic example of indicator-driven automation rather than enough evidence to assess profitability, robustness, or suitability for other markets and time periods.

Key ideas

  • The Expert Advisor opens trades in response to colored dots from the ADXCrossing indicator.
  • The example uses default inputs and requires the compiled indicator as a dependency.
  • The reported test covers USDJPY hourly data from 2014.
  • Stop loss and take profit were not used in the described tests.
  • The document gives no numerical performance statistics or signal interpretation details.

Tags

ForexTechnical indicatorsBacktesting

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.