Three indicators
This EA uses a combination of three technical indicators to generate trading signals and automatically open positions. It typically combines trend and momentum indicators such as moving averages, RSI, and MACD to confirm entry and exit points. The multi-indicator confirmation approach aims to filter out false signals and improve trade quality.
Open the interactive view (equity curve, symbol switch)Key facts
Backtest results (H1, about 1 year)
| Symbol | P&L | Annual | Max DD | Trades | Win rate | Sharpe | Recovery | Losing streak | Per trade | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| EURUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| GBPUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| USDJPY | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| XAUUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
Why this EA never traded: no entry rule survived the conversion.
Converted from MQL5 to Python and run with the same rules for every EA. Positions use MT5 lot sizes (100,000 units per FX lot, 100 oz per gold lot) with 1:100 leverage, one order at a time, and a stop-out below 10% of the starting balance. Sharpe is computed from the equity curve. Results marked as unreliable are shown for completeness only.
Blow-up risk: No blow-up pattern found
- Has no stop loss or trailing stop
On its own this is not a typical blow-up pattern, and the account was not stopped out in our backtests. That is not a guarantee: any EA can lose money.
High: stopped out in our backtest, or martingale/grid sizing without a stop loss. Elevated: martingale or grid sizing with a stop loss, or several positions at once without a stop loss. What the label means and what we found →
Strategy analysis
The strategy concept is based on multi-indicator confirmation of trading signals, using thesynergistic judgment of three different types of indicators to reduce false signals. Entry conditions typically require all three indicators to issue signals in the same direction simultaneously—for example, a moving average golden cross, RSI bouncing from oversold, and MACD histogram turning positive all confirming a long entry. Exit conditions may be based on reverse indicator signals or fixed take-profit and stop-loss levels. Position sizing may use fixed lots or a percentage-based calculation relative to account balance. In terms of money management, without strict stop-loss or position controls, consecutive losses could result in significant drawdowns.
Strengths
- Multi-indicator confirmation effectively reduces false signals and improves entry quality
- Clear and understandable strategy logic with adjustable parameters for optimization
- Triple filtering mechanism provides some adaptability across different market conditions
Weaknesses
- Simultaneous confirmation from three indicators may result in too few entry opportunities, especially in ranging markets
- Fixed indicator parameters may not adapt to changes in current market volatility
- Lack of dynamic stop-loss and trailing stop mechanisms may lead to profit givebacks
Possible improvements
- Add dynamic stop-loss and trailing take-profit functionality to lock in profits
- Implement market volatility adaptation mechanism to adjust indicator parameters and stop-loss distance based on ATR
Risk assessment
Overall risk: Medium
- Fixed stop-loss may be insufficient to cover extreme market volatility
- Delayed confirmation from multiple indicators may cause missed optimal entry timing or slow exits during reversals
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
LotSize | 0.1 | Lot size per trade |
StopLoss | 50 | Stop loss in points |
TakeProfit | 100 | Take profit in points |
Indicator1_Period | 14 | First indicator period parameter |
Indicator2_Period | 14 | Second indicator period parameter |
Indicator3_Period | 9 | Third indicator period parameter |
MagicNumber | 12345 | Magic number identifier for EA orders |
Timeframe | H1 | Timeframe for channel calculation |
Similar Momentum EAs
Backtests are historical simulations and do not guarantee future results. Not financial advice.