How to add multiple slider support to simple jquery slider?

Hi guys I have a very simple slider with jquery, it supports only one slider, I want to turn it into support multiple sliders on same page.

Example : Slider 1, Slider 2, Slider 3 etc.. on same page.

A working sniped is here working example

I know I have to use each function and I did but it stopped working, I dont know where I am going wrong. this is what I tried the code was to long so I shortened it.

$('#slider').each(function() {
  var current_slider = $(this);
  //slider codes in here 
});

Here is my total codes :

$(function(){    
var Slider = 0;
$.Slider = function(total){
   $("#indicator li").removeClass("active");
   $("#image li").hide();
   if (Slider < total -1){
       Slider++;
         $("#indicator li:eq("+Slider+")").addClass("active");
         $("#image li:eq("+Slider+")").fadeIn("slow");                                    
       }else {
         $("#indicator li:first").addClass("active");
         $("#image li:first").fadeIn("slow");    
         Slider = 0;    
       }
   }

   var totalLi = $("#indicator li").length;
   var interval = setInterval('$.Slider('+totalLi+')',5000);
   $("#slider").hover(function(){
      clearInterval(interval);
   },function(){
      interval = setInterval('$.Slider('+totalLi+')',5000);    
   });

   $("#indicator li:first").addClass("active");
   $("#image li").hide();
   $("#image li:first").show();
   $("#indicator li").hover(function(){
      var indicators = $(this).index();
      $("#indicator li").removeClass("active");
      $(this).addClass("active");
      $("#image li").hide();
      $("#image li:eq("+indicators+")").fadeIn("slow");                                   
      Slider = indicators;
      return true;   
   });  
});

Thanks for all helps

Update : I dont want to repeat same code for each slider. I want it support multiple sliders like this example, this example use each function to get all sliders, but it doesnt have mouseenter mouseleave and indicators in it.

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