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Courses
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Robots
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- What is the difference between EA Trading Academy's free and premium robots
- Which broker should I use to trade the Robots?
- Do I need a VPS to trade with Robots?
- Can I use Robots on cryptocurrency exchanges?
- How to trade with many EAs in the US? (FIFO solutions)
- I placed the EAs over the charts, but no trades are opening
- Is it possible to trade cryptocurrencies with Robots?
- Why do my trades not match on Demo and Live accounts with the same EAs?
- Why do some of the EAs in the courses not have SL and TP?
- Do the EAs have money management integrated?
- What returns should I expect from the robots
- Can I use Grid EA (like Waka Waka) on Prop Firms?
- Can you pass a challenge for me and manage my Funded account with the FTMO EA?
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Strategy Builders
- What are the main differences between EA Studio and FSB Pro?
- Is there a difference between the trial period and the license?
- Why is the backtest on EA Studio/FSB Pro different from the backtest in MetaTrader?
- Can I use Custom indicators on EA Studio or FSB Pro?
- What are the limitations of the EAs during the free trial?
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General Questions
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Indicators
Average Directional Movement Index (ADX)
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The Average Directional Movement Index indicator or ADX helps you to measure the overall strength of a trend. When you trade in the direction of a strong trend, you’ll decrease risk while increasing your chance of making profits. Several traders consider the Average Directional Movement Index the best trend indicator and use it to help them confirm all of their trades. Wherever the two-directional lines (+D and -D ) cross each other, that’s referred to as a point of extremum.
Two direction indicators are compared, either by putting one chart on top of the other or by subtracting +D from -D. It’s recommended that you buy when +D is higher than -D and sell when +D drops below -D. The point of extremum is used as the market entry-level.
If +D is higher than -D, that’s considered a signal to buy and you’ll need to wait until the price is above the point of extremum before you buy. If the price doesn’t exceed the point of extremum, the trader should maintain their short position.
Average Directional Movement Index Calculation
The Average Directional Movement Index is based on a moving average of the price range expansion over a specific period. You can use any time frame that’s best for you, although a 14 period is usually used.
ADX = SUM[(+DI-(-DI))/(+DI+(-DI)), N]/N Where: N – the number of periods used in the calculation.
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