If you're looking to enhance your trading strategy, this straightforward EA (Expert Advisor) harnesses the power of the Simple Moving Average and the ADX indicators. You might find this concept familiar if you've read our article, "Step-By-Step Guide to Writing an Expert Advisor in MQL5 for Beginners".
What sets this EA apart? Unlike the one covered in the previous article, this system doesn't manage any open positions—it focuses solely on new trade signals.
It tends to shine best on 30-minute, 1-hour, and 2-hour charts, making it a solid choice for those who prefer shorter time frames.
Here’s a look at the backtest results:
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