QuoteDislikedAccumulation Distribution Strategy for MT5
This tutorial shows how Accumulation Distribution Expert Advisor can be used on charts of MT5 to Trade
Strategy Premise
The accumulation/distribution line or accumulation/distribution index is a technical analysis indicator intended to relate price and volume in the stock market and acting as a leading indicator of price movements. A rising A/D line helps confirm a rising price trend. A falling A/D line helps confirm a price downtrend. If the price is rising but A/D is falling, it signals underlying weakness and a potential decline in price. If the price of an asset is falling but A/D is rising, it signals underlying strength and the price may start to rise.
Strategy Logic
Long Entry: When Moving average is below the Candles and A/D Value is More than the Last Candle (Increasing)
Long Exit: When Moving average is Above the Candles and A/D Value is Less than the Last Candle (Decreasing) or Price Reaches Target or Stoploss
Short Entry: When Moving average is Above the Candles and A/D Value is Less than the Last Candle (Decreasing)
Short Exit: When Moving average is below the Candles and A/D Value is More than the Last Candle (Increasing) or Price Reaches Target or Stoploss
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!