Multi Indicator Strategy EA
- Experts
- Biswarup Banerjee
- Version: 26.0
- Updated: 10 October 2025
- Activations: 20
Multi Indicator Strategy EA MT5 is a sophisticated MetaTrader 5 trading tool designed to automate trade entries and exits using nine technical indicators: ADX, Bollinger Bands, CCI, MACD, Moving Average, RSI, Stochastic, Awesome Oscillator, and RVI. Offering extensive customization with multiple entry/exit strategies and AND/OR/NA combination modes, this EA provides traders with unparalleled flexibility. Extensively back-tested, it ensures precise signal generation, robust risk management, and low resource usage for seamless execution.
You can download the MT4 version here: Multi Indicator Strategy EA MT4
For detailed documentation: General Settings/Input Guide | Indicator Settings/Input Guide | Backtests and Set Files
Key Features Overview:
- Multi-indicator system with customizable parameters for ADX, Bollinger Bands, CCI, MACD, Moving Average, RSI, Stochastic, Awesome Oscillator, and RVI.
- Supports multiple timeframes for adaptable trading strategies.
- Flexible entry/exit strategies with AND/OR/NA combination modes for tailored signal logic.
- Advanced risk management with Stop-Loss, Take-Profit, and loss recovery options (Grid, Hedge, Martingale).
- Trend filter using a higher timeframe Moving Average for enhanced trade accuracy.
- Day/time filters for session-specific trading to optimize performance.
- Real-time dashboard displaying trade details, account metrics, and system status.
- Pop-up, email, and push notifications for timely updates.
- MQL5 VPS compatible for reliable 24/7 operation.
Indicator Strategies Overview:
Each indicator supports multiple configurable entry and exit strategies. Key examples include:
- ADX: Buy when +DI exceeds -DI (PDI > MDI); sell when below. Buy when ADX crosses above a threshold; sell when below.
- Bollinger Bands: Buy on reversal at lower band; sell at upper band. Buy when price exceeds middle band; sell when below.
- CCI: Buy when CCI enters oversold; sell when overbought. Buy when CCI crosses above zero; sell when below.
- MACD: Buy on bullish cross below zero; sell on bearish cross above. Buy when MACD exceeds signal line; sell when below.
- Moving Average: Buy on fast MA crossing above slow MA; sell when below. Buy when price is above fast MA; sell when below.
- RSI: Buy when RSI crosses above 50; sell when below. Buy when RSI is below lower level; sell when above upper level.
- Stochastic: Buy when %K crosses above 50; sell when below. Buy on %K/%D crossover below oversold; sell above overbought.
- Awesome Oscillator: Buy when AO crosses above zero; sell when below. Buy on bullish saucer pattern; sell on bearish.
- RVI: Buy when main line crosses above signal; sell when below. Buy when main exceeds upper level; sell when below lower level.
- Exit Strategies: Mirror entry strategies with reversal logic (e.g., RSI buy-exit on cross below 50).
Note: Multi Indicator Strategy EA MT5 is a professional trading tool that enhances decision-making through multi-indicator signals. It requires careful configuration of indicator parameters, entry/exit strategies, and risk management settings to align with your trading goals and risk tolerance. Thorough testing in a demo environment is essential to optimize performance and mitigate risks associated with automated trading and loss recovery strategies.
Important Advice:
This is a professional trading tool, not a guaranteed profit system. The complexity of multi-indicator signals and loss recovery strategies (Grid, Hedge, Martingale) can lead to significant risks if not properly managed, particularly in volatile markets. To ensure effective use:
- Test thoroughly on a demo account before deploying on a live account to understand signal behavior and risk exposure.
- Regularly review and adjust settings based on market conditions. Check the MQL5 Blog links above for the latest recommendations, backtests, and configuration guidelines.
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