This MetaTrader 4 expert advisor functions as an automated trading robot using the Average Directional Index (ADX) to identify trend strength and direction. It executes trades based on ADX crossovers and specific level thresholds. The EA provides essential risk management tools, including stop loss, take profit, and a
Trading robot · MT4
NNFX EA
This MetaTrader 4 expert advisor implements the No Nonsense Forex methodology using a clean, object-oriented programming architecture.
GitHub stars3
Forks1
Last update5 years ago4 Dec 2020
LicenceMIT
Overview
The robot manages trade entries and exits based on a modular indicator stack, allowing users to easily swap or add technical indicators via wrapper classes. It is specifically designed to run on the daily timeframe for the major currency pairs, incorporating logic to handle trade execution around market rollover times. The system focuses on trend-following principles while providing a structured template for further development and educational backtesting.
- Object-oriented MQ4 framework
- Modular indicator wrapper templates
- Execution logic for market rollover
- Optimized for major currency pairs
Details
Author
dnshouse on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Trend following
Markets
Forex
Timeframes
H4 and above
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA files
Source
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone dnshouse/nnfx from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
- 3Copy the filesCopy the .mq4 file into Experts, and any .mqh files into the Include folder the code expects.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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