Pipsgrowth EX12001 MultiIndicatorConfluence

EX12001 MultiIndicatorConfluence is an XAUUSD M1 trend EA that opens positions only when at least five out of eight independent momentum/trend filters agree. Rather than a single signal, it polls an indicator panel — a fast/slow EMA cross, a Hull MA slope, an Adaptive MA, a HeikinAshi candle direction, a manual SuperTrend band, an RSI midline bias, a MACD main-vs-signal read, and an Adaptive-Hull slope — and fires when the vote count crosses InpMinConfluenceVotes (default 5 of 8). The architecture is the textbook 12-layer stack from the PipsGrowth catalog: REGIME classification gates whether the market is tradeable at all, SIGNAL computes the 8-vote consensus, CONFIRM runs the cross-timeframe agreement and candle-close check, NO-TRADE aggregates spread, session, capital, daily/weekly loss, and exposure limits, RISK sizes the position from the stop distance, SIZING fits the broker's lot step, CAPITAL CAP caps real-money exposure, MANAGE/EXIT handles break-even, partial TP, ATR trailing, regime-collapse exit, and time exit, SCALING holds the pyramid add-on (default OFF), and OnTester ranks optimization passes by (net × profit factor) / (1 + drawdown) with a 30-trade minimum.

The 8-vote signal is built in ComputeSignal. Each indicator either pushes the vote counter up (+1) or down (−1), and a neutral/missing read leaves the count untouched. Vote 1 is the classic EMA(21) above EMA(50) cross. Vote 2 is the Hull MA slope — built as 2 × LWMA(sqrt(20)) − LWMA(20) on the prior two bars, which is the standard Hull trick that halves the LWMA lag. Vote 3 is the AMA(2/30/10) position relative to the bar-2 close. Vote 4 is a Heikin-Ashi direction read (close > open = bullish vote). Vote 5 is a hand-rolled SuperTrend: close above hl2 + 3.0 × ATR(14) = up, below hl2 − 3.0 × ATR(14) = down. Vote 6 is RSI(14) above/below the 50 midline. Vote 7 is MACD(12/26/9) main above/below its signal. Vote 8 is the Adaptive Hull slope (2 × LWMA(period/2) − LWMA(period)) direction. The final confidence figure is min(100, |votes| × 12) — a 5-vote consensus returns 60 confidence, an 8-vote unanimous read returns 96. The threshold knob (InpMinConfluenceVotes = 5) is the single most important calibration: drop it to 3 and the trade frequency roughly doubles; raise it to 7 and the EA becomes a high-conviction-only system that trades once or twice a day.

The regime classifier DetectRegime runs through a 7-state map. It reads ADX(14), the current ATR(14) versus a 100-bar min/max percentile, and the current Bollinger-Band(20, 2.0) width versus a 100-bar min/max percentile. ADX ≥ 25 plus ATR-percentile ≥ 85 is REG_STRONG_TREND, ADX 20–25 with ATR ≥ 25th percentile is REG_WEAK_TREND, ADX < 18 with ATR below the 25th percentile is REG_COMPRESS, BB-width ≥ 85th percentile with ADX < 20 is REG_EXPAND, BB-width ≥ 85th with ADX ≥ 20 is REG_BREAKOUT, ADX < 18 with mid-range ATR is REG_RANGE, and ADX < 20 with ATR below 25th percentile is REG_CHOPPY. RegimeAllowsEntry rejects only REG_CHOPPY and REG_NONE; everything else is permitted. In OnTick, if the current regime flips to CHOPPY or NONE the EA hard-closes every position with the reason "regime change" before doing anything else — this is the no-warning, no-grace-period exit path.

Confirmation runs separately from signal. With InpRequireHTFAgreement = true (the default), the EA copies the EMA(21) and EMA(50) from the HTF trend timeframe (InpHTFTrendTF = 4 → M30 by default) and rejects any entry where the M30 EMAs disagree with the M1 direction. InpUseCandleConfirm (default true) adds an extra layer: the M1 bar that triggered the signal must be a bullish (close > open) bar for a long and a bearish bar for a short, which is technically redundant with the HeikinAshi vote but acts as a final tie-breaker. The spread gate uses the simple form spread > 3.0 × 30 (i.e. > 90 points on a 5-digit broker); the rolling-average spread logic in the sibling EAs is not implemented here. The session gate is server-time 7-20 (London open through NY close); outside that window the EA prints "low liquidity session" and refuses to enter.

The risk and sizing path is conservative. InpRiskPercent defaults to 0.5% of effective capital per trade, which is half of what most M1 scalpers in this family use. EffectiveCapital returns the lower of account equity and InpCapitalCapAmount (with InpCapitalCapAmount = 0 meaning the cap is disabled, so all of equity is at risk). InpCapitalCapFloor = 50 acts as a hard cutoff: if effective capital drops below $50 the EA blocks entries and only manages exits. The stop distance is ATR(14) × ATR_SL_MULT (default 2.0), the take-profit is ATR(14) × ATR_TP_MULT (default 3.0), and both are floored at the broker's SYMBOL_TRADE_STOPS_LEVEL plus one point. CalcLotByRisk converts the per-trade risk dollar amount to lots using tick value × (stop distance / tick size) and then runs NormVol to clamp to the broker's lot step/min/max. MarginOK rejects any order that would consume more than 80% of free margin. Daily loss limit is 3% of effective capital and weekly is 6% — both are computed by walking the deal history for deals whose DEAL_MAGIC matches InpMagicNumber, summing DEAL_PROFIT + DEAL_SWAP + DEAL_COMMISSION.

Management runs in OnTick before the new-bar signal path. ManageOpenPositions loops every open position and, in order: closes on regime change to CHOPPY/NONE; closes on RSI reverse (long → RSI < 30, short → RSI > 70); checks for time exit at MAX_BARS_IN_TRADE = 500 bars (about 8 hours of M1); applies break-even at BE_TRIGGER_R_MULT = 1.0R with a +5-point offset past entry; applies a 50% partial close (PARTIAL_TP_FRACTION = 0.5) when price reaches the midpoint between open and TP, but only if the remaining volume after the partial would still be ≥ 1.5× the broker's min lot (in practice, this means the original position needs to be ≥ 2× min lot, otherwise the partial is skipped); and finally applies the ATR(14) × 3.0 trailing stop, which is the wide-tail end of typical M1 trails and gives trades room to breathe. The trailing stop is forward-only — it never moves backwards. All three modification paths go through TryClose_EX12001 / TryClosePartial_EX12001 / TryModify_EX12001, which retry up to 3 times on REQUOTE/TIMEOUT/PRICE_OFF/PRICE_CHANGED with 200ms (or 100ms for modify) sleeps between attempts.

Pyramiding is implemented but disabled by default (InpPyramidEnabled = false). When enabled, TryPyramid allows up to PYRAMID_MAX_LEVELS = 3 adds on the same symbol, each spaced PYRAMID_ATR_MULT = 1.5 × ATR(14) from the previous entry, sized at PYRAMID_MULT = 1.0× the previous lot, and gated by the regime: pyramid adds are blocked in REG_CHOPPY, REG_RANGE, and REG_COMPRESS. Each add is still subject to MarginOK. The pyramid SL is the same ATR(14) × 2.0 rule used at the first entry. TryPyramid is called once per tick before the signal check, and processes at most one add per call (one pyramid per tick). On a busy M1 trend day with the default settings off, the EA never pyramids; flipping InpPyramidEnabled to true adds the second and third legs only when the market is in a strong or weak trend.

Two operational inputs control live deployment. InpDryRun defaults to true: in dry-run the EA still updates every indicator, runs ComputeSignal, prints "DRYRUN BUY ..." / "DRYRUN SELL ..." lines for hypothetical entries, prints "DRYRUN close ..." for hypothetical exits, but never sends a single order to the broker. Flipping InpDryRun to false is the only switch required to go live. InpKillSwitch defaults to false: when flipped to true the EA flat-closes every position on the next tick (subject to the same 3-retry close logic) and never opens new ones — this is the panic-button.

In practice this EA produces a low trade frequency by design. The 5-of-8 vote threshold plus the HTF M30 agreement plus the candle-close check means the M1 signal only fires when a meaningful fraction of the indicator panel is aligned and the higher timeframe is not actively fighting the trade. On trending XAUUSD sessions (London + NY overlap, 12-20 server time) the EA might fire a handful of trades per day; in chop it sits out completely. The 0.5% risk default and the 1:1.5 reward:risk asymmetry mean the EA needs a win rate of ~40% to break even on the trade logic, but the regime + confluence + HTF stack typically delivers a higher realized win rate at the cost of fewer setups. The minimum deposit of $100 in the listing is a hard floor for the capital-cap gate (InpCapitalCapFloor = 50 would also block entries at $50); for any live deployment the practical balance should be at least $500 to absorb the worst-case 3%/6% daily/weekly loss cap with room to trade the next session.