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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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4 (4)
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Ai Multi Trend MT5
Mansour Babasafary
4.31 (29)
Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Expert trend hunter Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in 6 main market currency pairs and 4 important time frames An expert who has been trained by artificial intelligence for years to correctly recognize trends(wi
BitBull EA
Arseny Potyekhin
4.5 (4)
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Daytrade Pro Algo MT5
Profalgo Limited
4 (9)
Promotion de lancement : Nombre limité d'exemplaires disponibles au prix actuel Prix ​​final : 990$ NOUVEAU : obtenez 1 EA gratuitement !   (pour 2 comptes commerciaux) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Bienvenue sur DayTrade Pro Algo !   Après des années d'étude des marchés et de programmation de différentes stratégies, j'ai trouvé un algorithme qui a tout ce dont un bon système de tradi
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Aleksandr Chebotaev
2.6 (30)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
OverPower MT5
Inrexea Limited
5 (4)
No Backtesting is allowed: (Overpower IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to verify that it works with your broker, the response is the same: backtesting results alone don't prove effectiveness. The OverPower Trading Robot
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Profalgo Limited
4.2 (5)
Promotion actuelle : Plus qu'un seul à 549$ Prix ​​final : 999$ NEW: Choose 1 EA for free! (for 2 trade account numbers) N'oubliez pas de jeter un coup d'œil à notre «   Ultimate EA Combo Package   » sur notre   blog promotionnel   !   LIVE SIGNAL Bitcoin Scalp Pro est un système de trading unique sur le marché.  Il se concentre entièrement sur l'exploitation de la volatilité du marché Bitcoin en négociant les cassures des niveaux de support et de résistance. L'EA se concentre sur la sécuri
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