This code is a trading robot developed for the MT4 platform. It utilizes the ADX indicator to generate buy or sell signals based on the crossover of the DI and DI- values. The robot also includes a function to display buy signals using a blue arrow.
- The
MonitorDI()
function fetches the DI and DI- values from the MT4 platform using theiADX()
function. - The fetched values are then processed to determine the current market trend.
- The
IsCrossover()
function fetches the current and previous DI and DI- values to check if there is a crossover. - If a crossover occurs, the
GenerateSignal()
function generates a buy signal, otherwise, it generates a sell signal. - The
DisplaySignal()
function takes the generated signal as input and displays a blue arrow on the chart to represent a buy signal. - The
OnTick()
function is the main function that executes the Obie ADX system. It calls theMonitorDI()
function to monitor DI values, generates buy or sell signals based on the crossover using theGenerateSignal()
function, and displays buy signals with blue arrows using theDisplaySignal()
function.
To use this trading robot, follow these steps:
- Install the MT4 platform.
- Open the MT4 platform and login to your trading account.
- Attach the Obie ADX Trading Robot to a chart of your choice.
- The robot will monitor the DI and DI- values and generate buy or sell signals based on the crossover.
- Buy signals will be displayed on the chart with blue arrows.
For more information about the Obie ADX Trading Robot, visit the development site.
Note: This code is provided as-is and does not guarantee any profits in trading. Use it at your own risk.