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Multi Indicator Strategy EA

Multi Indicator Strategy EA for MetaTrader 5

Introduction:

The Multi Indicator Strategy EA for MetaTrader 5 is an advanced tool designed to automate trading activities by combining multiple indicator signal confirmations. This EA executes buying or selling actions based on specific conditions: when the enabled/selected indicator conditions satisfied for buy or sell. It allows efficient management of trades within these predefined parameters.

For detailed documentation Overall Settings/Input Guide | Backtest and Set files

You can find MT4 version here

Avaialble Indicators 

  • RSI
  • RVI
  • MACD
  • MOVING AVERAGE
  • BOLLINGER BAND
  • AWESOME OSCILATOR
  • STOCHASTIC OSCILATOR
  • HIGHER TREND MOVING AVERAGE FILTER

For detailed documentation Overall Settings/Input Guide 

High Level Overview of Features

Category Setting Description
GENERAL SETTINGS Lot Size Initial volume for the first trade; subsequent features don't alter it.
Stoploss in Pips Initial stop loss; adjustable by EA features.
Take Profit in Pips Initial take profit; modifiable by EA features.
Trade Comment Specifies trade comments for source identification.
Capture Logs Enables troubleshooting logs.
Enable Magic Number Controls EA behaviour based on a unique identifier.
Magic Number Unique EA identifier for conditional checks.
Trade On New Bar Places trades at the start of the candle.
No New Entry If Trade Exists Determines new entry conditions with or without an active trade.
Number Of Orders Controls executed trades upon entry signals.
Trade Direction Specifies buy, sell, or both signals.
Risk Reward Ratio Sets take profit based on stop loss and a specified ratio.
Next Open Trade After X Seconds Introduces a time gap between multiple entry signals.
Check for Opposite Close Closes previous trend signal before placing a new one.
Delete Pending Order at Distance Auto-removes pending orders at a specified distance.
Delete Pending Order After X Seconds Auto-deletes untriggered pending orders.
Delete Pending Order After N Bars Auto-removes untriggered pending orders after specified candles.
Profit Amount Closes trade at a set profit amount or set take profit.
Loss Amount Closes trade at a set loss amount or set stop loss.
Profit Percent Closes trade at a set percent profit of account equity or set take profit.
Loss Percent Closes trade at a set percent loss of account equity or set stop loss.
Close After N Candle Closes trade after a specified number of candles from opening.
BREAKEVEN SETTINGS Enable Breakeven Boolean input to enable (true) or disable (false) breakeven functionality.
Breakeven Activation Numeric input setting the distance in pips from entry for breakeven activation.
Breakeven Extra Pips Numeric input defining extra pips beyond activation for setting stop-loss, covering costs and slippage.
TRAILING STOP SETTINGS Use Trailing Stop Boolean input to enable (true) or disable (false) trailing stop functionality.
Activate Numeric input setting distance in pips from entry for triggering trailing stop activation.
Trail Price By Numeric input defining trailing stop distance behind the current market price.
Increment By Numeric input specifying the increment by which trailing stop distance increases with favourable market movement.
MARTINGALE SETTINGS Enable/Disable Martingale Boolean input to enable (true) or disable (false) Martingale strategy.
Multiplier Numeric input determining the size multiplier for subsequent trades if Martingale is enabled.
Multiply After N Repeat Integer input setting the number of consecutive losing trades before applying the Martingale multiplier.
Max Step Integer input defining the maximum number of Martingale steps to limit consecutive increasing trade sizes.
Adjust Take Profit Boolean input to adjust (true) or not adjust (false) take profit based on Martingale steps.
GRID SETTINGS Enable/Disable Grid Boolean input to enable (true) or disable (false) GRID strategy.
Step Distance Integer input for the distance in pips between each grid level.
Lot Increase Mode Enumeration input for lot size increase mode: GRID_MULTIPLY or GRID_INCREMENT.
Execution Mode Numeration input for execution mode: GRID_MARKET (market orders) or GRID_PENDING (pending orders).
Increase Factor Numeric input for the factor by which lot size is increased for each new grid level.
Distance Multiplier Numeric input for the multiplier applied to the grid distance for each new grid level.
Increase After N Repeat Integer input for the number of repeats before applying the grid increase factor.
Max Grid Step Integer input for the maximum number of grid steps before resetting to the initial lot size.
Grid Activation Mode Enumeration input for when the grid should be activated: GRID_ON_LOSS or GRID_ON_PROFIT.
SL and TP Mode Enumeration input for stop-loss and take-profit mode: FIXED AMOUNT, EQUITY PERCENT, or COST_AVERAGE.
Grid Fixed Stoploss Sets a fixed stop-loss for combined loss of all trades when SL and TP mode is FIXED AMOUNT.
Grid Fixed Takeprofit Sets a fixed take-profit for combined profit of all trades when SL and TP mode is FIXED AMOUNT.
Grid Equity Pct Stoploss Sets an equity percentage stop-loss for combined loss of all trades when SL and TP mode is EQUITY PERCENT.
Grid Equity Pct Takeprofit Sets an equity percentage take-profit for combined profit of all trades when SL and TP mode is EQUITY PERCENT.
AVERAGE_MODE Enumeration input for averaging orders mode: Sum (Price x Lot)/Sum(Lots) or Sum(Price)/ Sum(Orders).
AVG STOPLOSS Sets stop-loss based on the average price of all trades when SL and TP mode is COST_AVERAGE.
AVG TAKEPROFIT Sets take-profit based on the average price of all trades when SL and TP mode is COST_AVERAGE.
RISK SETTINGS Enable Risk to Lot Boolean input for enabling (true) or disabling (false) Risk to Lot functionality.
Risk Percent Numeric input defining the risk percentage per trade based on the account balance.
Risk Pips Per MicroLot / Stoploss Numeric input determining the risk in pips per micro lot or stop-loss. It aligns with the STOPLOSS pips input for virtual stop-loss calculation.
POSITION SIZING SETTINGS Enable Position Sizing Boolean input for enabling (true) or disabling (false) Position Sizing functionality.
Increase Lot Numeric input defining the additional lot size for each trade when Position Sizing is enabled.
Increase Lot on Account Balance Numeric input specifying the account balance value triggering lot size adjustment. When the balance reaches or exceeds this value, the lot size is adjusted accordingly.
ALERT SETTINGS Allow Alert Boolean input allowing (true) or disallowing (false) the EA to trigger alerts on new entry.
Allow Notification Boolean input enabling (true) or disabling (false) the EA to send notifications (e.g., push notifications on mobile devices) on new entry.
Allow Email Boolean input permitting (true) or restricting (false) the EA to send email notifications on new entry.
TRADE TIME SETTINGS Use Trading Times Boolean input for determining if the EA should follow specified trading times (true) or trade 24/7 (false).
Enable Asian Session Boolean input to enable (true) or disable (false) trading during the Asian session.
Start Time Asian and End Time Asian String inputs specifying the start and end times of the Asian session in broker time.
Enable European Session Boolean input to enable (true) or disable (false) trading during the European session.
Start Time European and End Time European String inputs specifying the start and end times of the European session in broker time.
Enable American Session Boolean input to enable (true) or disable (false) trading during the American session.
Start Time American and End Time American String inputs specifying the start and end times of the American session in broker time.
Enable Other Session Boolean input to enable (true) or disable (false) trading during another specified session.
Start Time and End Time String inputs specifying the start and end times of the specified session in broker time.
TRADING DAY SETTINGS Monday Trade, Tuesday Trade, Wednesday Trade, Thursday Trade, Friday Trade Boolean inputs allowing (true) or disallowing (false) trading on each respective day of the week (Monday through Friday).
Saturday Trade and Sunday Trade Boolean inputs allowing (true) or disallowing (false) trading on Saturday and Sunday, respectively.
SAFEGUARD SETTINGS Slippage Maximum allowed slippage in pips for trade execution.
Maximum Open Trades Maximum number of open trades allowed; set to 0 to disable.
Maximum Long Trades and Maximum Short Trades Maximum number of long and short trades allowed; set to 0 to disable.
Maximum Pending Orders Maximum number of pending orders allowed; set to 0 to disable.
Maximum Long Pending Orders and Maximum Short Pending Orders Maximum number of long and short pending orders allowed; set to 0 to disable.
Max Drawdown Percent Maximum acceptable drawdown as a percentage of the account balance; set to 0 to disable.
Max Drawdown Amount Maximum acceptable drawdown as an absolute amount; set to 0 to disable.
Maximum Trades Per Day Maximum number of trades allowed per day; set to 0 to disable.
Maximum Losing Per Trade Maximum number of losing trades allowed per day; set to 0 to disable.
Daily Stop Maximum acceptable drawdown for a single trading day; closes all positions and halts trading if exceeded.
Daily Target Target profit to achieve within a single trading day; closes all positions and stops trading if reached.
Weekly Stop Maximum acceptable drawdown for a trading week; closes all positions and ceases trading if exceeded.
Weekly Target Target profit to achieve within a trading week; closes all positions and stops trading if reached.
Monthly Stop Maximum acceptable drawdown for a trading month; closes all positions and ceases trading if exceeded.
Monthly Target Target profit to achieve within a trading month; closes all positions and stops trading if reached.
DISPLAY SETTINGS Panel Width Pct Width of the panel as a percentage of the dashboard window.
Panel Height Pct Height of the panel as a percentage of the dashboard window.
Text Size Pct Size of text within the panel as a percentage; influences readability and presentation.
Title Colour Colour of the title text within the panel for visual distinction.
Label Colour Colour of labels or descriptive text within the panel for differentiation.
Value Colour Colour of numerical values or data within the panel for clarity and emphasis.


Usage Recommendations:

Prior to deploying in live markets, comprehensive testing in a demo account is highly recommended. This ensures a thorough evaluation of the EA's performance, its alignment with your trading strategy, and an assessment of risk tolerance levels.


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Aura Neuron is a distinctive Expert Advisor that continues the Aura series of trading systems. By leveraging advanced Neural Networks and cutting-edge classic trading strategies, Aura Neuron offers an innovative approach with excellent potential performance. Fully automated, this Expert Advisor is designed to trade currency pairs such as XAUUSD (GOLD). It has demonstrated consistent stability across these pairs from 1999 to 2023. The system avoids dangerous money management techniques, such as m
Eternal Engine is an advanced EA that integrates multiple indicators with grid and Martingale strategies. Its core feature is precise entry point control, enabling it to perform exceptionally well even in complex market environments. Eternal Engine EA offers numerous trading opportunities, is not sensitive to spreads, and ensures accurate execution of every trade through strict entry point management. The strategy has been proven in live trading, providing over a year of low-drawdown real-time s
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William Brandon Autry
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After 6 Years of Successful Manual Trading, My Strategies Are Now Available as Expert Advisors! Introducing the WallStreetKiller EA – a trading system built for the US30 from years of hands-on experience, extensive testing, and a steadfast commitment to secure, strategic trading. NO GRID, NO MARTINGALE, TIGHT SL EVERY TRADE. ONE TRADE PER DAY .   NO LOT MULTIPLIER.  The price of the EA will increase by $100 with every 10 purchases. ICTRADING LIVE 10K SIGNAL   (You won´t see many other sellers wi
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Marzena Maria Szmit
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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
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Levi Dane Benjamin
5 (2)
Revert Edge is a carefully crafted algorithm built on 7+ years of live trading experience. Its core focus is slow, steady account growth with an emphasis on long-term performance and not unsustainable, quick, short-term gains. The EA is developed to trade multiple currencies such as AUDCAD, AUDUSD, EURCAD, EURGBP, EURUSD, GBPUSD, NZDCAD, NZDJPY, USDJPY and more! It uses a mean reversion strategy and takes advantage of price levels that are sensitive to some sort of reaction which the EA takes ad
Quantum Queen MT5
Bogdan Ion Puscasu
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Hello, traders! I am Quantum Queen, the newest and a very powerful addition to the Quantum Family of Expert Advisors. My specialty? GOLD. Yes, I trade the XAUUSD pair with precision and confidence, bringing you unparalleled trading opportunities on the glittering gold market. I am here to prove that I am the most advanced Gold trading Expert Advisor ever created. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Live
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Dolores Martin Munoz
4.33 (9)
Alpha Flow EA: Elevate Your Trading to New Heights Introducing Alpha Flow EA —a state-of-the-art trading advisor designed to transform your trading experience through strategic precision, adaptability, and advanced market analysis. Built with proprietary trading algorithms and deep market insights, Alpha Flow EA delivers exceptional performance across diverse trading environments, helping you stay ahead of market trends. Real Signal XAUUSD:  View Live Signal Real Signal EURUSD:  View Live Signa
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Hamza Ashraf
4.54 (13)
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Zeeshan Ali
4.2 (5)
Golden Rhythm - Adaptive Trading with Built-in News Protection Only 2/5 copies left at price $250. Offer is available for 24H. Next price will be $300. Golden Rhythm - Master Volatility with Ease Access the expert details here . Please join our channel here . Take advantage of cutting-edge technology with Golden Rhythm! This EA is optimized to adapt to volatile markets, giving traders the tools they need to control risk while maximizing performance. Whether you’re just starting out or you're a p
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Lo Thi Mai Loan
5 (6)
Welcome to Advanced Indices EA - a safe, long-term EA with great risk-reward potential. Now, 438 USD for 10 buyers, next price 538 USD.( Only 1 copy left. ) Only 100 copies available on MQL5. LIVE SIGNAL   BACKTEST GUIDE MT4 VERSION: Please message me for more details. Advanced Indices EA is the first EA I’ve designed to trade multiple instruments like US30 (Dow Jones), USTEC (Ndx100, Nas100, Nasdaq). The EA uses a 100% price action strategy from the previous day to find entries for today. Each
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Anton Kondratev
5 (2)
PLAZA EA  is a Multi-Currency, Flexible, Fully Automated and Multi-Faceted Open Tool for Identifying Vulnerabilities in the Market for GOLD ! Not    Grid   , Not    Martingale   , Not     AI     , Not     Neural Network , Not Arbitrage . Default Settings for One Сhart   XAUUSD or GOLD H1 PLAZA GUIDE Signals Commission Broker Refund Updates My Blog Only 1 Copy of 10 Left  for 345 $ Next Price 790   $  Each position always has a   Fixed SL+TP   and  Virtual   Deal Profit Tracking . Any Profit Tr
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Zuzanna Slawinska
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After years of manually trading gold and watching its every move, I finally decided to transform my proven strategies into an automated solution. I was fortunate enough to meet an exceptional programmer who shared my passion for the markets. What started as casual discussions about trading turned into a partnership that would lead to creating Goldenity - a sophisticated AI-powered system that combines my trading experience with cutting-edge machine learning. We spent the last year pouring our h
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5 (3)
ONLY 2 COPIES OUT OF 10 LEFT AT $499, NEXT PRICE $699 Synthara MT5 EA is Fully Automated Expert Advisor specifically designed to run on the XAUUSD/GOLD pair.  Hello everyone, I am currently launching the newest and best product from its predecessor. Synthara MT5 EA is more selective and accurate in signal entry and better in managing existing transactions. Synthara MT5 EA analyzes markets based on trends, overbought and oversold zones and price action. Synthara MT5 EA Live Signal with Default Se
AI DeepSeek Dynamics Adaptive Signal Architecture for XAU/USD | H1 AI DeepSeek Dynamics is not just an Expert Advisor. It is a modular cognitive trading system designed for precise and adaptive performance on the XAU/USD (Gold) pair, built to thrive in high-volatility market conditions and meet the strict requirements of prop firm environments. Powered by a neuro-quantum architecture and the integrated DeepSeek recommendation module, this EA continuously analyzes market structure in real time an
The Gold Phoenix
William Brandon Autry
5 (4)
Gold Phoenix GPT - The Ultimate AI Trading Tool for Gold Pairs Introducing Gold Phoenix GPT, the most thorough and honest implementation of AI for gold trading. Built on real-world performance, this EA is specifically designed for gold pairs, using a powerful breakout strategy on the M1 timeframe. Unlike many tools that perform well in backtests but fall short in live conditions, Gold Phoenix GPT excels where it matters most: in fast-moving live gold markets. Powered by advanced AI—including Cha
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Dolores Martin Munoz
5 (12)
EvoTrade: The First Self-Learning Trading System on the Market Allow me to introduce EvoTrade —a unique trading advisor built using cutting-edge technologies in computer vision and data analysis. It is the first self-learning trading system on the market, operating in real-time. EvoTrade analyzes market conditions, adapts strategies, and dynamically adjusts to changes, delivering exceptional precision in any environment. EvoTrade employs advanced neural networks, including Long Short-Term Memory
The Infinity EA MT5
Abhimanyu Hans
3.75 (48)
Contact me for discount before purchasing! AI-Driven Technology with ChatGPT Turbo Infinity EA is an advanced trading Expert Advisor designed for GBPUSD, XAUUSD and AUDCAD. It focuses on safety, consistent returns, and infinite profitability. Unlike many other EAs, which rely on high-risk strategies such as martingale or grid trading. Infinity EA employs a disciplined, profitable scalping strategy based on neural network embedded over machine learning, data analytics AI based technology provid
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Gabriel Costin Floricel
4.27 (33)
SmartChoise EA: Advanced Neural Network–Powered Trading Solution for XAU/USD (Gold) A cutting-edge, neural network–powered Expert Advisor (EA) designed exclusively for trading XAU/USD (Gold). By processing real-time market data, it adjusts strategies according to current conditions for optimal trade execution and robust risk management. Unlike many EAs that rely on martingale approaches, SmartChoise EA employs adaptive lot sizing and stringent risk controls—suitable for traders of all experience
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Mikoto Hamazono
5 (9)
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Biswarup Banerjee
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Version 11.0 2025.01.05
trailing stop logic is corrected,both stoploss pip mode and amount mode will work.
Version 10.0 2024.12.24
grid increment calculation corrected
Version 9.0 2024.12.12
buffer optimization is done
Version 7.0 2024.12.07
enabled options to activate grid,hedge, and martingale together with warning
dashboard performance optimization
EA URL inclusion
Version 6.0 2024.11.07
bollinger strategy logic fixed
Version 4.0 2024.11.01
safety feature performance improvement
Version 3.0 2024.10.29
performance upgrade and minor improvements
Version 2.0 2024.09.21
multiple entry logic corrected,
close multiple trade logic corrected