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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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Mansour Babasafary
4.27 (11)
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)
Acquista non un backtest, ma un vero sistema di trading:  Live Signal 1     Live Signal 2       Live Signal 3   Questo prezzo è temporaneo per la durata della promozione e verrà aumentato a breve Ottieni 1 EA gratis -> contattami dopo l'acquisto Sono rimaste solo poche copie al prezzo attuale, il prezzo successivo è -->> 1480 $ Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! Questo è il primo robot più intelligente che scambia oro o XAU con coppie complete come XAUUSD, XAUEUR, XAUGBP,
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 è un Expert Advisor avanzato per il trading dell'S&P500 (US500), che utilizza un   sofisticato sistema di griglia e una gestione avanzata del denaro progettata per le massime prestazioni   . È in sviluppo da più di 2 anni, con l'ultimo aggiornamento in arrivo quest'anno. Ora puoi finalmente diversificare il tuo portafoglio con il trading di indici. Quantum Wizard è molto semplice da installare, basta installarlo sull'US500 con le impostazioni predefinite, in qualsiasi intervall
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)
Perché la maggior parte degli Expert Advisors (EA) falliscono? Molti Expert Advisors si basano su vantaggi statistici temporanei che scompaiono quando il mercato cambia, cosa che avviene continuamente. Il problema della sovraottimizzazione Inoltre, la maggior parte degli sviluppatori cade nella trappola di affinare i propri EA per ottenere risultati perfetti nel passato, senza rendersi conto che questo non si tradurrà in prestazioni future sul mercato. È fondamentale eseguire test che
Darwin Swing MT5
Guillaume Duportal
4.92 (39)
Darwin SWING Prezzo di lancio 999 USD, prezzo futuro 1490 USD DESCRIZIONI : -- Per capire come funziona, leggete il blog (Questo EA riflette la mia filosofia di trading sul forex... Se vi piace il mio modo di vedere le cose, allora vi piacerà il mio EA. Prendetevi il tempo per farlo! (Il Forex non è una gara): https://www.mql5.com/en/blogs/post/745790 -- Per vedere le performance passate ecco i link ai segnali Segnali live e demo: https://www.mql5.com/en/users/tradedeal/seller
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MultiSignal Trend EA
Erafazira Binti Mohammad
The "O'Dav" Expert Advisor (EA) script is designed for MetaTrader 5, leveraging multiple technical indicators and trading strategies to automate trading decisions. This EA focuses on trend-following, combining Relative Strength Index (RSI), Accelerator Oscillator (AC), Envelopes, and Intraday Time Filter (ITF) to identify and capitalize on market trends. Additionally, it incorporates a Parabolic SAR trailing stop for trade management and a fixed-risk money management system to control trading ri
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