ADX DI Trading EA
Prompt
Create an Expert Advisor (EA) trading robot based on the provided Pine Script v4 source code that calculates the Average Directional Index (ADX), Directional Movement Index Plus (DI+), and Directional Movement Index Minus (DI-). The EA should use the logic from the source code’s calculations of ADX and DI to generate buy and sell trading signals. Implement the following detailed requirements: 1. Inputs: - Length (len) for ADX and DI calculation (default 14) - Threshold (th) value for ADX signal (default 20) 2. Indicators: - Calculate True Range, Directional Movement Plus, Directional Movement Minus, Smoothed True Range, Smoothed Directional Movement Plus, Smoothed Directional Movement Minus, DI+, DI-, DX, and ADX as per the Pine Script. 3. Trading Logic: - Generate a buy signal when DI+ crosses above DI- and ADX is above the threshold. - Generate a sell signal when DI- crosses above DI+ and ADX is above the threshold. 4. Order Management: - Open a long position on a buy signal and close any short position. - Open a short position on a sell signal and close any long position. - Use appropriate stop loss and take profit mechanisms if applicable. 5. Platform: - Write the EA code in MQL4 or MQL5 suitable for MetaTrader 4 or 5. 6. Comments: - Include clear comments explaining the implementation of ADX, DI indicators, and trading logic. 7. Ensure management of order positions, prevent multiple simultaneous conflicting orders. Produce well-structured, readable, and maintainable code that faithfully implements the original Pine Script logic in an automated trading EA. # Output Format Provide the complete EA source code as a single code block in MQL4 or MQL5 language with comments explaining all steps.
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