Description
Original price: $299
Content: Expert: Indicement MT4.ex4 v1.2 (Unlocked for MT4 Build 1420+), Presets: 7
INDICEMENT EA is an advanced Expert Advisor designed specifically for trading index markets, utilizing years of refined algorithmic expertise. This EA is tailored for high-performance trading on US500, US30, and NAS100 indices, leveraging a tested strategy that combines price breakout tactics with rigorous risk management.
Key Features of INDICEMENT EA
- Multi-Strategy Trading:
- Runs multiple internal strategies to distribute risk and optimize trades, enhancing stability across market conditions.
- Breakout-Based Strategy:
- Trades based on support and resistance level breakouts, refined for precision over 15+ years of algorithmic development.
- Full Risk Control:
- Incorporates stop-loss, take-profit, and trailing mechanisms to ensure each trade is managed for minimal risk and maximum profit.
- Extensive Stress Testing:
- Thorough backtesting across brokers and indices to prevent over-optimization, ensuring reliable performance.
- Easy Setup for Traders:
- Requires installation on just one H1 chart with simple parameters for backtesting or live trading, making it accessible even for prop firm traders.
Setup and Backtesting for INDICEMENT EA
Backtesting Preparation
- Select Index Symbols: Ensure the correct symbols for US500, US30, and NAS100 are specified in the parameters.
- Backtest Symbol: Choose your preferred index symbol for backtesting within MT4.
- Drawdown Limits: Set maximum drawdown limits per strategy based on your preference or load provided set files.
Live Trading Setup
- Apply EA on Any H1 Chart: Simply load the EA on an H1 chart (EURUSD recommended for tick count), and the EA will automatically run on US500, US30, and NAS100.
- Correct Symbol Names: Double-check the index symbols in the MarketWatch window to avoid mismatches.
- Drawdown Parameters: Adjust or load specific set files to control drawdown limits.
Auto-GMT Setup:
- For accurate NFP timing, add
https://www.worldtimeserver.com/to the “allowed URLs” under MT4/MT5 expert advisor options.
Important Parameters for INDICEMENT EA
- ShowInfoPanel: Displays an information panel on the chart for real-time insights.
- Trailing and Virtual Expiration: Manages orders if the broker doesn’t support SL/TP on pending orders.
- Strategies for Each Index: Activate strategies 1, 2, or 3 for US500, US30, and NAS100, optimizing individual index behavior.
- Risk Settings:
- Drawdown Limits: Define daily drawdown limits to prevent overexposure.
- Lot Size Calculation: Options for fixed lots, risk-based sizing, and step adjustments ensure balanced position sizing.
Prop Firm Specific Features
- Unique Trade Customization: Entry and exit can be manually adjusted, offering unique trades per account—ideal for prop firm compliance.
- Drawdown & Risk Control:
- Max Daily Drawdown: Automatically closes all trades if daily drawdown limits are reached.
- Equity-Based Lot Sizing: Adjusts sizing based on current equity rather than balance, promoting adaptive risk management.
Supported Trading Hours
Set the trading hours during which the EA is active, offering further flexibility for managing exposure during volatile market periods.
Summary
INDICEMENT EA is a robust trading solution for index markets, incorporating a proven breakout strategy with multi-strategy risk management. It’s ideal for prop firms and individual traders looking for a reliable, user-friendly system that combines sophisticated algorithms with practical risk control. Whether optimizing for daily drawdown or adjusting trades for unique conditions, INDICEMENT EA provides the tools for consistent growth and controlled trading.
