Description
Indicement EA V2.0 MT4: A Versatile Trading Solution for Index Trading
The Indicement EA V2.0 for MT4 is a feature-packed Expert Advisor designed to optimize trading across multiple indices, including US500 (SP500), US30, and NAS100 (USTECH). It combines advanced automation with customizable settings to cater to diverse trading strategies, making it suitable for both individual traders and proprietary firms.
Key Features and Specifications
Attribute | Details |
---|---|
Minimum Deposit | $500 (recommended for optimal performance) |
Time Frame | Flexible (customizable based on strategy) |
Supported Instruments | US500, US30, NAS100 |
How Indicement EA V2.0 Executes Trades
1. Customizable Strategy Settings
- Multiple Strategies: Supports up to three different strategies for each index (US500, US30, NAS100).
- Randomization: Adds variability to entries, exits, and trailing SL values to differentiate trades for prop firms.
2. Risk Management
- Lotsize Calculation: Offers three options:
- Fixed Lotsize
- Maximum Risk Per Strategy
- Lotsize Step Calculation
- Daily Drawdown Limit: Automatically closes trades if daily drawdown exceeds set percentage.
- Equity-Based Risk Management: Calculates lotsize based on account equity instead of balance.
3. Trade Entry and Exit
- Smart Infopanel: Displays critical information on the chart for easy monitoring.
- Pending Orders Management: Automatically handles brokers that do not support SL/TP or order expiration settings.
- NFP Filter: Adjusts trading activity during Non-Farm Payroll events:
- Closes all trades and pending orders before the event.
- Resumes trading after a predefined period.
4. Prop Firm Adaptation
- Customizable entries and exits ensure unique trade setups for proprietary trading firms.
- Ensures compliance with firm-specific rules such as drawdown limits and trade timing.
5. Automation and Efficiency
- AutoGMT: Automatically calculates GMT offset to ensure accurate timing for events like NFP.
- Flexible Trading Hours: Allows traders to set specific hours for trading to align with market activity.
- Infopanel Adjustment: Designed for optimal visibility on 4K displays.
Why Indicement EA V2.0 Stands Out
- Multi-Index Capability: Excels in trading US500, US30, and NAS100 indices.
- Advanced Customization: Tailored settings for unique trading requirements.
- Risk-Controlled Automation: Ensures compliance with stringent risk parameters.
- User-Friendly Interface: Infopanel simplifies monitoring and management.
How to Use Indicement EA V2.0
Setup Parameters
- Infopanel Display:
- Enable or adjust size for better visibility on high-resolution screens.
- Friday Stop Hour:
- Prevent holding trades over the weekend by setting a value between 0 and 23 (25 disables this feature).
- Virtual Expiration:
- Use when brokers do not allow pending orders with expiration dates.
- NFP Event Management:
- Customize trade closure and resumption times around NFP events.
You can check more on –
Strategy Adjustment
- BaseMagicNumber: Assign unique identifiers for all strategies.
- Spread Filters: Set maximum spreads for each instrument to avoid high-cost trades.
- Risk Control:
- Set maximum drawdown and risk per strategy for enhanced safety.
- Use equity-based lot sizing for dynamic risk management.
How to Get Started
- Download :
- Download Indicement EA V2.0 from the provided link. https://www.yoforex.org/product/indicement-ea-v2-0/
- Visit our website https://www.yoforex.org/ for additional resources and insights.Contact: @yoforexpremium
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