AI Multi Factor Confluence Trader

AI Multi-Factor Confluence Trader

AI Multi-Factor Confluence Trader only enters the market when three independent factors agree: trend direction, momentum, and short-term price action. This confluence approach is designed to filter out low-quality, conflicting signals and only trade when the market shows a consistent, agreed-upon direction across multiple angles of analysis.

How it works

On every new bar, the EA scores the market on three factors:

• Trend – Fast EMA vs Slow EMA relationship (default 20/50)
• Momentum – RSI position relative to the 50 midline (default period 14)
• Price Action – the direction of the last two closed bars

Each factor contributes +1 (bullish) or -1 (bearish) to a total score. A trade is only opened when the required minimum score of agreement is reached (all 3 factors aligned by default), and only when the ATR-based volatility filter confirms the market is active enough to trade.

Built-in risk management

• Fixed Stop Loss and Take Profit on every trade
• Automatic trailing stop that locks in profit as price moves favorably
• Broker-safe minimum stop distance check (respects the symbol's stop and freeze levels) so orders are never rejected for invalid stops
• Margin check before opening any new position
• Only one position open at a time per symbol/magic number

Main Inputs

• InpEmaFastPeriod (default 20) – Fast EMA period used for the trend factor
• InpEmaSlowPeriod (default 50) – Slow EMA period used for the trend factor
• InpRsiPeriod (default 14) – RSI period used for the momentum factor
• InpAtrPeriod (default 14) – ATR period used for the volatility filter
• InpAtrMinPoints (default 50) – Minimum volatility (in points) required before any trade is allowed
• InpMinScore (default 3) – Required agreement out of the 3 factors to trigger a trade
• InpLotSize (default 0.01) – Fixed trade volume
• InpStopLossPoints (default 350) – Stop Loss distance in points
• InpTakeProfitPoints (default 700) – Take Profit distance in points
• InpTrailingStartPoints (default 280) – Profit distance (points) at which trailing starts
• InpTrailingStepPoints (default 90) – Trailing step distance in points
• InpMagicNumber (default 500109) – Unique identifier for this EA's trades
• InpTradeComment – Comment attached to trades opened by this EA

Recommendations

Works on any symbol and timeframe that suits your trading style. As with any automated trading system, please test thoroughly on a demo account before live use, and adjust the risk parameters to match your account size and risk tolerance.

Need this tool customized for your own strategy, or an advanced version with extra filters and alerts? Send me a private message on MQL5 and I will reply with an estimate.