Multi Indicator Trend Consensus: Free MT4 Expert Advisor

Overview

Multi Indicator Trend Consensus allows users to combine Moving Averages, Stochastic Oscillators, THV3 T3, Babon Slope, and AMA Optimized modules. A trade is initiated only when all selected indicators align in the same direction, closing existing opposite positions immediately. The system manages risk through fixed pip take profits or percentages of the Average Daily Range, though some features like pullback entries are explicitly marked as under development.

Seven configurable indicator modules

Directional consensus entry logic

ADR-based take profit calculation

Single active order management

Details

Author

Pastromhaug on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Trend following, Multi-strategy, Indicator crossover

Markets

Forex

Timeframes

Any timeframe

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

EA files

Draft11.mq4

Source

github.com/Pastromhaug/Expert-Advisor

Input parameters

Read from Draft11.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`use_moving_average`	`bool`	`False`	Moving Average
`ma_period1`	`int`	`0`	Period
`ma_shift1`	`int`	`0`	MA shift
`MAmethod`	`ENUM_MA_METHOD`	`—`	Averaging method
`p_constant`	`ENUM_APPLIED_PRICE`	`—`	Applied price
`use_stoch_oscillator`	`bool`	`false`	Stochastic Oscillator
`Kperiod`	`int`	`0`	K line period
`Dperiod`	`int`	`0`	D line period
`slowing`	`int`	`0`	Slowing
`StochAvMethod`	`ENUM_MA_METHOD`	`—`	Averaging method
`p_field`	`ENUM_STO_PRICE`	`—`	Price
`istoch_mode`	`ENUM_ISTOCH_MODE`	`—`	Line index

Show all 40 inputs

Name	Type	Default	Description
`aboveNoChangeStoch`	`double`	`0`	% above direction doesn't change
`belowNochangeStoch`	`double`	`0`	% above direction doesn't change
`use_THV3T3`	`bool`	`false`	THV3 T3
`THV_MA_period`	`int`	`250`	MA period
`b`	`double`	`.4`	b (hva er dette?)
`use_babon_slope`	`bool`	`false`	Babon Slope
`BS_period`	`int`	`0`	Period
`BS_MA_method`	`ENUM_MA_METHOD`	`—`	MA method
`BS_p_constant`	`ENUM_APPLIED_PRICE`	`—`	Applied price
`use_THVT3_Trix`	`bool`	`false`	THV T3 Trix
`TrixNumBars`	`int`	`0`	Trix number of bars
`A_t3_period`	`int`	`0`	A t3 period
`B_t3_period_AC`	`int`	`0`	B t3 period AC
`use_stoch_RSI_basic`	`bool`	`false`	Stoch RSI basic
`RSI_Rprice`	`ENUM_APPLIED_PRICE`	`—`	Applied price
`RSI_Rperiod`	`int`	`0`	R period
`RSI_Kperiod`	`int`	`0`	K period
`RSI_Dperiod`	`int`	`0`	D period
`RSI_slowing`	`int`	`0`	slowing
`aboveNoChangeRSIbasic`	`double`	`85.0`	% above direction doesn't change
`belowNoChangeRSIbasic`	`double`	`15.0`	% below direciont doesn't change
`use_AMA_optimized`	`bool`	`false`	AMA optimized
`periodAMA`	`int`	`10`	AMA period
`nfast`	`double`	`2.0`	nfast
`nslow`	`double`	`30.0`	nslow
`G`	`double`	`2.0`	G
`dK`	`double`	`2.0`	dK
`PriceType`	`ENUM_APPLIED_PRICE`	`—`	Applied Price

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone Pastromhaug/Expert-Advisor from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.

3Copy the filesCopy the .mq4 file into Experts.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

Similar expert advisors

Edelweiss EA

by Attornado

Edelweiss EA is an educational trading robot for MetaTrader 4 that utilizes a multi-indicator framework to generate buy and sell signals. It combines exponential moving averages, stochastic oscillators, the awesome oscillator, ADX, and Bollinger Bands to identify market entries. Trade management includes dynamic ATR-ba

MT4 Trading robot Indicator crossoverMean reversionTrend following

Updated 11 months ago MIT GitHub

Humza Final EA

by humzama

This MetaTrader 4 expert advisor implements a multi-strategy approach to automated trading using several technical indicator combinations. It features distinct logic for long and short positions, utilizing the Relative Strength Index, Moving Average Convergence Divergence, and Ichimoku Kinko Hyo. Buy signals are genera

MT4 Trading robot Indicator crossoverMulti-strategyTrend following

Updated 7 years ago None stated GitHub

Raja Cula Emas EA

by rajaculaemas

This MetaTrader 4 expert advisor is designed for XAUUSD trading using a combination of technical indicators and price action. It enters trades based on several toggleable strategies, including Moving Average crossovers, MACD, Support/Resistance levels, and Bullish/Bearish Engulfing patterns. The EA manages risk through

MT4 Trading robot Indicator crossoverTrend followingMulti-strategy

Updated 1 year ago None stated GitHub

Barekat Expert

by kazem94

Barekat Expert is a MetaTrader 4 robot that executes trades based on a combination of technical indicators. It utilizes two ZigZag indicators for price action analysis, a Simple Moving Average for trend filtering, and the Relative Strength Index and Stochastic oscillators for momentum confirmation. The system manages e

MT4 Trading robot Trend followingIndicator crossoverMulti-strategy

Updated 1 year ago None stated GitHub

EA PM Portfolio Management

by JuanPabloMF

This automated expert advisor for MetaTrader 4 and 5 trades forex using a multi-timeframe technical strategy. It identifies H1 trends with moving averages and Ichimoku clouds while timing M5 entries via MACD and RSI convergence. The system incorporates robust risk controls including equity-based lot sizing, daily loss

MT4MT5 Trading robot Trend followingIndicator crossoverMulti-strategy High risk

Updated 7 weeks ago None stated GitHub

Forex Brother Algo 1

by hkmarquix

This MetaTrader 4 expert advisor implements a multi-strategy framework for automated trading across various symbols. It incorporates several technical entry signals, including Ichimoku, Bollinger Bands, and ADX-filtered logic. The EA provides multiple trade management options, explicitly including martingale lot scalin

MT4 Trading robot Multi-strategyMartingaleIndicator crossover High risk

Updated 5 years ago None stated GitHub