ADX Expert Advisor with Breakout, Cross, and Risk Controls
Summary
This product description outlines a forex and stock expert advisor built around the Average Directional Index. It lists breakout rules based on ADX and directional indicator levels, plus a separate cross strategy with optional trend filters and confirmation settings. It also describes configurable moving averages, trade sizing, stop loss and take profit settings, and management features such as trailing stops, break-even behavior, and equity-based drawdown controls. The description says entries use the open price of a candle and recommends trying the advisor in a demo account first.
The listed parameters expose the system's adjustable components, including an option to increase position size after losses and a setting to disable that increase. Such loss-based scaling can raise exposure during losing periods. The material does not specify exact entry and exit formulas, provide backtest or live results, or explain market-specific behavior across instruments and timeframes. Its feature list is not evidence that the approach is profitable or that its risk controls prevent losses.
Key ideas
- The advisor combines ADX breakout conditions with a separate indicator-cross strategy.
- Optional directional indicator filters can restrict entries by trend direction.
- The settings include fixed trade sizing, stop and profit targets, trailing controls, and equity risk limits.
- A loss-based lot increase is configurable and can be disabled.
- The description provides no performance evidence or full trading rules.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.