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Multindicator Strategy

Multindicator Strategy EA by O'Dav

Overview: The Multindicator Strategy EA by O'Dav is a sophisticated trading algorithm designed to automate your trading strategies using a combination of multiple technical indicators. Developed with Expert Advisor Studio, this EA is ideal for traders looking to implement advanced strategies with minimal manual intervention.

Features:

  • Multi-Indicator Strategy: Integrates various technical indicators like Average True Range (ATR), Alligator, Stochastic Signal, and ADX to make informed trading decisions.
  • Flexible Settings: Easily customize the parameters of each indicator to suit your trading style.
  • Risk Management: Includes settings for Stop Loss, Take Profit, and position sizing to manage risk effectively.
  • Entry and Exit Protections: Ensures trades are only placed under favorable conditions by limiting spread, open positions, and more.
  • News Filter: Optionally filter trades based on high and medium-impact news events to avoid volatility.
  • Comprehensive Statistics: Provides detailed position and robot statistics for better analysis and optimization.

Inputs:

  1. Expert Properties:

    • Magic Number: Unique identifier for the EA's trades.
    • Entry Amount: Lot size for each trade.
    • Stop Loss: Maximum loss in pips per trade.
    • Take Profit: Profit target in pips per trade.
  2. Indicators Settings:

    • Average True Range:
      • Period: Number of periods for calculation.
      • Level: ATR threshold level.
    • Alligator:
      • Jaws Period: Period for the Jaws line.
      • Jaws Shift: Shift for the Jaws line.
      • Teeth Period: Period for the Teeth line.
      • Teeth Shift: Shift for the Teeth line.
      • Lips Period: Period for the Lips line.
      • Lips Shift: Shift for the Lips line.
    • Stochastic Signal:
      • %K Period: Period for the %K line.
      • %D Period: Period for the %D line.
      • Slowing: Smoothing factor for the %K line.
    • ADX:
      • Period: Number of periods for calculation.
      • Level: ADX threshold level.
  3. Entry Protections:

    • Max Spread: Maximum allowable spread in points.
    • Max Open Positions: Maximum number of open positions.
    • Max Open Lots: Maximum lot size for open positions.
  4. Account Protections:

    • Max Daily Loss: Maximum allowable daily loss in currency.
    • Min Equity: Minimum equity to allow trading.
    • Max Equity: Maximum equity to allow trading.
  5. News Filter:

    • News Priority: Enable/disable news filter and set priority (High only or High and Medium).
    • News Currencies: Currencies to consider for the news filter.
    • News Before Medium: Time in minutes to avoid trading before medium-impact news.
    • News After Medium: Time in minutes to avoid trading after medium-impact news.
    • News Before High: Time in minutes to avoid trading before high-impact news.
    • News After High: Time in minutes to avoid trading after high-impact news.
    • News View Count: Number of news records to show.
  6. Settings:

    • Show Indicators: Display indicators on the chart.
  7. Stats:

    • Position Stats: Enable/disable position statistics.
    • Robot Stats: Enable/disable robot statistics.

Risk Disclosure: Trading in futures and forex involves substantial risk and is not suitable for every investor. It is possible to lose all or more than your initial investment. Only risk capital, which is money that can be lost without jeopardizing one's financial security or lifestyle, should be used for trading.

For more information, visit the Expert Advisor Studio website.

Copyright 2024, Forex Software Ltd.


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Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
Gold Mana MT5
Dilwyn Tng
5 (4)
Live-Signal 1: https://www.mql5.com/en/signals/2233179 Live-Signal 2: https://www.mql5.com/en/signals/2242009 Gold Mana wurde nach über einem Jahr intensiver Forschung und Tests entwickelt. Dieser Expert Advisor nutzt Volatilitätsmessungen in mehreren Zeitrahmen, analysiert die Absichten der Marktteilnehmer und antizipiert Preisbewegungen, bevor sie auftreten, mit Hilfe von Kerzenmustern und Angebots- und Nachfrageanalysen für genaue Einstiege, die hoch reaktiv auf Preisbewegungen von Gold rea
Ai Hybrid Robot MT5
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Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
Big Forex Players MT5
Marzena Maria Szmit
4.82 (45)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
GoldPulse AI MT5
Babak Alamdar
4.76 (29)
Kaufen Sie keinen Backtest, sondern ein echtes Handelssystem:   Live Signal 1     Live Signal 2       Live Signal 3   Dieser Preis ist für die Dauer der Aktion befristet und wird in Kürze erhöht Erhalten Sie 1 EA kostenlos -> kontaktieren Sie mich nach dem Kauf Zum aktuellen Preis sind nur noch wenige Exemplare verfügbar, der nächste Preis liegt bei -->> 1480 $ Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! Dies ist der erste intelligenteste Roboter, der Gold oder XAU mit vollständi
Aura White Edition MT5
Stanislav Tomilov
4.8 (35)
Aura White Edition is unique Expert Advisor that continues the Aura series of advisors. The Expert Advisor is based on the engine of Aura Black Expert Advisor , but with a number of changes and author's settings for currency pairs. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. Aura White Edition is a fully automated EA designed to trade currencies only. Working pairs EURUSD, GBPUSD,
Quantum Wizard MT5
Bogdan Ion Puscasu
4.67 (21)
Quantum Wizard ist ein fortschrittlicher Expert Advisor für den Handel mit dem S&P500 (US500), der ein   ausgeklügeltes Rastersystem und ein fortschrittliches Geldmanagement nutzt, das auf Spitzenleistung ausgelegt ist   . Es befindet sich seit mehr als zwei Jahren in der Entwicklung, das neueste Update kommt dieses Jahr. Jetzt können Sie Ihr Portfolio endlich durch den Handel mit Indizes diversifizieren. Quantum Wizard ist sehr einfach zu installieren, es muss lediglich zu einem beliebigen Z
Oracle MT5
Stanislav Tomilov
5 (13)
Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
Stock Indexes EA MT5
Marzena Maria Szmit
5 (11)
Stock Indexes EA is a sophisticated   trading robot   meticulously engineered to capitalize on the dynamics of the   US30   index. This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter   has also been added to the robot, which prevents it from opening a position during   important economic news , minimizing the risk. In robot, you can also specify the days and
Bitcoin Robot MT5
Marzena Maria Szmit
4.32 (34)
The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
Nexus EA Forex MT5
Enrique Enguix
4.5 (12)
Warum scheitern die meisten Expert Advisors (EAs)? Viele Expert Advisors verlassen sich auf temporäre statistische Vorteile, die verschwinden, wenn sich der Markt ändert, was kontinuierlich geschieht. Das Problem der Überoptimierung Darüber hinaus fallen die meisten Entwickler in die Falle, ihre EAs fein abzustimmen, um in der Vergangenheit perfekte Ergebnisse zu erzielen, ohne zu erkennen, dass dies nicht auf die zukünftige Marktleistung übertragbar ist. Es ist entscheidend, Tests du
Darwin Swing MT5
Guillaume Duportal
4.92 (39)
Darwin SWING Einführungspreis 999 USD , zukünftiger Preis 1490 USD. BESCHREIBUNGEN: -- Um zu verstehen, wie es funktioniert, lesen Sie den Blog (Dieser EA spiegelt meine Philosophie des Devisenhandels wider...Wenn Sie meine Art, die Dinge zu sehen, mögen, dann werden Sie auch meinen EA mögen. Nehmen Sie sich die Zeit dafür!!! (Forex ist kein Rennen): https://www.mql5.com/en/blogs/post/745790 -- Um die vergangene Performance zu sehen hier die Links zu den Signalen. Live- und Demo-
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