Free Forex EA ADX Channel EA by Alexander Nikolaev
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This Expert Advisor draws a channel based on the readings of the ADX indicator (Average Directional Movement Index), and trades from the boundaries of this channel when the price reversals. A sell trade is executed when the price touches and bounces off the upper channel line, a buy - from the lower one. At the same time, it can filter trade entries depending on the readings of other indicators: Stochastic, ATR and RSI. The channel drawn by this indicator turns out to be a bit similar to Envelop

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