Indicement EA V2.0 MT4: Advanced Trading Automation for Indices
The Indicement EA V2.0 MT4 is a highly customizable Expert Advisor designed to provide optimal trading performance for major indices, such as US500 (SP500), US30, and NAS100 (USTECH). Packed with features like advanced risk management and strategy customization, this EA is ideal for traders who seek precision, flexibility, and automation.
Key Features and Customization Options
| Feature | Details |
|---|---|
| Minimum Deposit | $500 (recommended for stable performance) |
| Time Frame | Customizable (e.g., M1, M5, H1 based on strategy) |
| Supported Instruments | US500, US30, NAS100 |
| Info Panel | Displays live trade information directly on the chart, adjustable for 4K displays |
| Strategy Modes | Supports multiple strategies for each index (3 strategies per instrument) |
How Indicement EA V2.0 Executes Trades
1. Trade Entry Strategy
- RunUS500: Activates the EA’s strategy for the US500 index.
- Strategy Variations:
- US500_Strat1, US500_Strat2, US500_Strat3: These provide flexibility by enabling different strategies for various market conditions.
- Similar strategy options are available for US30 and NAS100.
- Randomized Entry and Exit Points:
- Ensures that trades are not identical for multiple users on the same broker, ideal for proprietary trading firms.
- SetSL_TP_After_Entry:
- Adds Stop Loss (SL) and Take Profit (TP) after the trade is placed, particularly useful for brokers that do not support SL/TP on pending orders.
2. Risk Management
- Lotsize Calculation Options:
- Fixed Lotsize: Keep a consistent lot size for all trades.
- Max Risk per Strategy: Determines lotsize based on the historical maximum drawdown for each strategy.
- Lotsize Step: Allows incremental increase in lot sizes for scaling positions.
- Max Daily Drawdown:
- Automatically closes all trades and disables trading for the day once a preset daily drawdown limit is reached.
- Equity-Based Risk Management:
- Calculates lot sizes based on account equity instead of balance, offering a more accurate risk control mechanism.
- OnlyUp Feature:
- Prevents lot sizes from decreasing after losses, helping to accelerate recovery after a drawdown.
3. Prop Firm Customization
- Unique Trade Settings:
- Modify trade entry and exit parameters to make trades unique, avoiding similarities with other traders using the same EA.
- Trading Hours:
- Customize trading sessions by setting specific active hours.
4. NFP Event Management
- NFP Filter:
- Stops trading around Non-Farm Payroll (NFP) events to avoid market unpredictability.
- Features like NFP_CloseOpenTrades and NFP_ClosePendingOrders help protect your positions before high-impact events.
- AutoGMT:
- Automatically adjusts to the broker’s GMT offset, ensuring that time-sensitive events like NFP are handled accurately.
5. User-Friendly Display
- Info Panel:
- Displays trade details such as active strategies, lotsize, and performance directly on the chart. Adjustable for high-resolution monitors.
- Virtual Expiration:
- Allows the EA to manage trades virtually for brokers that don’t support expiration dates on pending orders.
Why Choose Indicement EA V2.0?
- Multi-Strategy Support:
- Three strategies per instrument (US500, US30, NAS100) allow traders to diversify and optimize trading approaches.
- Sophisticated Risk Management:
- Features like equity-based lot sizing, daily drawdown limits, and risk-based lot calculation methods offer unparalleled control over your account.
- Prop Firm Compatibility:
- Unique trade settings and randomized entries/exits make it ideal for proprietary trading firms.
- Automation and Scalability:
- Fully automated trading allows for hands-off operation while providing options for aggressive scaling or conservative risk management.
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