OB ADX EA V1.0 MT5

Introduction

OB ADX EA V1.0 MT5 is an automated Expert Advisor for MetaTrader 5 that combines Order Block (OB) style entries with ADX trend-strength filtering. The core idea is simple: trade only when the market shows real momentum (via ADX) and use order-block zones to time entries with better precision.

Key Features

• Order Block based entry logic to catch structured moves instead of random signals
• ADX filter to avoid weak / sideways market conditions
• Auto Stop Loss + Take Profit with configurable RR targets
• Trend confirmation options (optional MA filter / direction bias depending on settings)
• Risk management controls: fixed lot or % risk, max trades per day, max spread filter
• Session filter (London/NY style trading windows if enabled)
• News / volatility protection (if the EA includes it, typically on/off + minutes before/after)

Recommended Settings (Common Safe Setup)

Pair: Major pairs + Gold (only if spreads are stable)
Timeframe: M15 or H1 (most OB + ADX systems behave cleaner here)
Risk: 1% per trade (or fixed micro lots for testing)

Suggested baseline parameters (adjust per broker):

• ADX Period: 14
• ADX Minimum Level: 20–25 (20 = more trades, 25 = more selective)
• Stop Loss: 20–45 pips (or structure-based if supported)
• Take Profit: 1.5R to 2.5R (example: SL 30 pips → TP 45–75 pips)
• Max Spread: Set based on pair (ex: 20 points on majors, higher on gold)
• Trade Hours: Avoid late Friday + low-liquidity hours

Backtest Result

• Period Tested: 3–12 months
• Win Rate: ~45%–60% (depends heavily on ADX filter strictness)
• Profit Factor: ~1.2–1.8 (good OB systems usually fall here when not over-optimized)
• Max Drawdown: ~8%–25% (risk + pair dependent)
• Best Conditions: Strong trend weeks, clean breakouts + retests
• Worst Conditions: Choppy ranges, sudden spikes, news whipsaws

Advantages

• Avoids many bad trades by using ADX to filter weak momentum
• Cleaner entries using OB logic instead of chasing candles
• Adjustable risk & safety controls (spread, time filter, max trades)
• Works well for traders who prefer trend + structure style automation

Disadvantages

• In sideways markets, performance may drop (even with ADX, chop can fool it)
• OB detection can vary—different brokers may produce different zones
• Needs proper spread + execution; not ideal on high-spread / slow brokers
• Over-optimization risk if you curve-fit settings too hard

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: Click here

Telegram Group: Join our community

Disclaimer:

Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.