Multi Factor Channel Score MT4
- Indicators
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Vincent Jose Proenca
I’ve been a trader for over ten years, mainly specializing in CFDs. What I love about trading is the logic, the discipline, and the process of creating tools that simplify decision-making. Since I couldn’t find indicators that fit my approach, I started coding them myself, first out of necessity - Version: 1.0
- Activations: 5
MFCS (Multi Factor Channel Score) is an advanced indicator designed to provide a clear reading of market dynamics through a weighted scoring system and adaptive volatility-based channels.
MAIN FEATURES:
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Adaptive ATR channels adjusted to real-time volatility
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Multi-factor scoring (position, volume, momentum, HTF trend, volatility)
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Signals categorized by score intensity (0–100)
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Complete dashboard showing score, trend, and key indicators
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Multi-timeframe filtering to align market direction
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Optional volume validation to enhance reliability
KEY PARAMETERS:
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Adjustable ATR period, multiplier, and window
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Configurable scoring weights
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Volume filtered by moving average
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Customizable dashboard with integrated alerts
USAGE:
Designed for traders and technicians seeking a quantitative assessment of market structure.
Helps identify high-potential zones, measure movement strength, and refine entry timing.
