Multi Indicator Scanner Professional Edition
by Ata Dandul · MT4
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Summary
Multi Factor Channel Score MT4 is a paid MT4 indicator (price $70.5) that combines channel analysis with multiple internal factors. Its user base and verified performance statistics are not available, and the vendor rating is listed as N/A/5. Retail traders should weigh it against alternatives that focus on timing, multi-timeframe trends, price-action scanning, currency strength, or MACD intraday signals. Consider broker constraints, spreads, and drawdown risk before applying any indicator live. FxRobotEasy independently reviews all products listed and recommends testing each tool thoroughly on demo accounts before risking capital.
Traders compare Multi Factor Channel Score MT4 with alternatives to find the best blend of signal clarity, setup speed, and compatibility with their trading style. Channel-based indicators aim to define trend and mean-reversion zones, while other tools offer countdown timers, multi-timeframe trend overlays, price-action scanners, currency strength maps, or intraday MACD filters. Because platform realities—broker execution, spread costs, margin rules and potential drawdowns—affect live results, comparison helps pick tools that fit risk tolerance and timeframes. FxRobotEasy independently reviews all products so traders get an unbiased summary of features, pricing and limitations.
| Metric | Multi Factor Channel Score MT4Main Product | Trendopedia Ai Our bot | Multi Indicator Scanner Professional Edition | Multi Divergence Indicator MT4 | Multi Indicators Osw MT4 | Multi Dimensional Bottom Finder MT4 |
|---|---|---|---|---|---|---|
| Rating | N/A | N/A | N/A | 0.0 | N/A | N/A |
| Price | $70.5 | $149 | $30 | N/A | $99 | $50 |
| ROI | N/A | +291.1% | N/A | N/A | N/A | N/A |
| Max Drawdown | N/A | 22.0% | N/A | N/A | N/A | N/A |
| Win Rate | N/A | 56.4% | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | 1.48 | N/A | N/A | N/A | N/A |
| Total Trades | N/A | 429 | N/A | N/A | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
Multi Factor Channel Score MT4, authored by Vincent Jose Proenca, is sold for $70.5 for the MT4 platform. The indicator claims to blend channel detection with multiple weighting factors to score trade setups, which can help traders visualize support, resistance and momentum in one overlay. Strengths include consolidated visual signals and MT4 compatibility. Weaknesses are the lack of a published rating (N/A/5) and no verified performance statistics; traders must rely on the author’s description and personal testing. It suits discretionary traders who prefer visual channel cues and multi-factor confirmation, but requires careful risk management: broker spreads can widen entry/exit costs, execution slippage can change outcomes, and typical drawdown risk applies to any indicator-based strategy. As with all tools, backtest and forward-test on demo accounts. FxRobotEasy independently reviews this product and notes that objective verification is not available.
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Multi Factor Channel Score MT4 may suit traders seeking consolidated channel-based signals on MT4, but the product lacks a published vendor rating (N/A/5) and has no verified performance statistics. Alternatives offer complementary approaches: timing, multi-timeframe bias, pattern scanning, currency strength, or intraday MACD, some with listed prices. Remember broker realities—execution, spreads and margin rules—can materially change indicator returns and increase drawdown risk. FxRobotEasy independently reviews all products; consider demo testing and position sizing, and evaluate FxRobotEasy bots as a verified, fully reviewed alternative if you prefer end-to-end automation.
Whether it’s worth buying depends on your needs. The indicator is priced at $70.5 and runs on MT4, but the vendor rating is N/A/5 and there are no verified performance statistics. If you value channel-based, multi-factor visual cues and will demo-test it, it may be useful. Always test on a demo account, review broker spreads and execution, and use strict risk management to limit drawdowns before trading live.
There’s no single best alternative; choice depends on your focus. For timing, Haven Candle Timer Countdown helps with candle-close discipline. For trend alignment, MTF Trend Monitor aggregates higher-timeframe bias. STRAT Price Action Scanner finds pattern opportunities, Currency Strength Meter Pro for MT5 shows macro currency bias, and MACD Intraday Trend PRO targets short-term momentum. All vendor ratings show 5 but have no verified stats; compare features, platform compatibility and demo-test before deciding.
Start with a demo account that mirrors your broker’s spreads and execution. Backtest entry and exit rules where possible and forward-test for several market conditions. Track metrics like win rate, average loss, drawdown and slippage. Factor in broker rules, commission and spread costs, and use conservative position sizing. FxRobotEasy independently reviews products and recommends objective testing and risk limits rather than relying on vendor claims.
While evaluating Multi Factor Channel Score MT4 and its alternatives, consider Trendopedia Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+291.1%
Total Return
22.0%
Max Drawdown
56%
Win Rate
429
Total Trades