Indicement EA V2.0 MT4: Automate and Optimize Your Trading
The Indicement EA V2.0 MT4 is a sophisticated Expert Advisor designed to help traders optimize their strategies, particularly for major indices like US500 (SP500), US30, and NAS100. With an array of customization options, this EA is perfect for traders looking to automate their trading while maintaining full control over their risk management and strategy parameters.
Key Features and Customization Options
| Feature | Details |
|---|---|
| Minimum Deposit | $500 |
| Time Frame | Customizable based on strategy and market conditions (e.g., M1, M5, H1) |
| Currency/Instrument Supported | US500, US30, NAS100 (USTECH), and more |
| Info Panel | Displays trade information directly on the chart; customizable for 4K displays |
| Backtesting Optimization | Disabled update of info panel during testing for faster backtesting |
| Friday Stop Hour | Set a stop hour to prevent weekend holding of trades (25 disables this feature) |
How the Indicement EA V2.0 Executes Trades
1. Advanced Trade Strategy Customization
- Multiple Strategy Modes:
- RunUS500: Enable the strategy for the US500 (SP500) index.
- US500_Strat1, US500_Strat2, US500_Strat3: These allow traders to select from three strategies tailored to the US500 pair, offering flexibility depending on market conditions.
- Randomized Trade Entries and Exits:
- To reduce the likelihood of same-time trades across different users, the EA randomizes entries, exits, and trailing stop values. This is particularly beneficial for prop firms where multiple users are trading on the same broker.
- Strategy Customization for Other Indices:
- Same set of strategies for US30 and NAS100 (USTECH), allowing traders to replicate successful methods across multiple instruments.
2. Risk Management and Control
- Lot Size Management:
- Fixed Lot Size: Set a constant lot size for every trade.
- Max Risk per Strategy: Allows the EA to determine the appropriate lot size based on the historical maximum drawdown of the selected strategy.
- Lotsize Step: Customize the lot size increase (e.g., from 0.01 to 0.02 lots) as trades progress.
- Max Daily Drawdown Control:
- Set Max Daily Drawdown: The EA automatically closes all positions and pending orders once a daily loss threshold is reached, which is highly useful for risk-conscious traders, especially in prop firms.
- Equity-Based Risk Management:
- You can choose to calculate lotsize based on account equity rather than balance, providing a more accurate representation of available funds and reducing risk.
- Aggressive Recovery Option:
- OnlyUp: This option ensures that the lot size increases after profitable trades, helping you recover losses faster with a more aggressive strategy.
3. NFP (Non-Farm Payroll) Event Filter
- NFP Filter Options:
- EnableNFP_Filter: Allows you to control trade activities around the Non-Farm Payroll event.
- NFP_CloseOpenTrades & NFP_ClosePendingOrders: Close all open trades and delete pending orders a set number of minutes before NFP.
- NFP_MinutesBefore & NFP_MinutesAfter: Controls when the EA stops and starts trading relative to the NFP event.
4. Virtual Expiration & Pending Orders
- Virtual Expiration:
- Useful if your broker doesn’t allow pending orders with an expiration date. This option lets the EA create virtual expiration for those orders.
- SetSL_TP_After_Entry:
- If your broker doesn’t allow pending orders with Stop Loss (SL) and Take Profit (TP), you can enable this setting, which sets SL and TP after the order is placed.
5. Prop Firm Customization Features
- Unique Trade Settings for Prop Firms:
- Modify the entry and exit rules to make your trades unique compared to other users of the EA. This feature is essential for prop firms where many traders may be using the same EA.
- Adjust Trading Hours:
- Customizable trading hours to ensure the EA operates only during optimal times.
Why Choose Indicement EA V2.0?
- Advanced Risk Management: The EA offers various methods to manage risk, including Lot Size Calculation, Max Daily Drawdown, and Equity-Based Risk Calculation, ensuring that your trading stays within acceptable risk limits.
- Multiple Strategy Support: Select different strategies for multiple indices (US500, US30, NAS100), enabling more diverse and flexible trading approaches.
- NFP Event Filter: Manage trades around important economic events, especially the Non-Farm Payroll (NFP) report.
- Prop Firm Customization: Tailor your trades to stand out among other traders, which is useful for prop trading firms.
- Full Automation: The EA automates the trading process based on the customized strategy, minimizing the need for manual intervention.
You can check more on –
Download and Installation
You can download the Indicement EA V2.0 MT4from the official website: Follow these steps:
- Visit the download page https://www.fxcracked.org/product/indicement-ea-v2-0/
Visit our website https://www.fxcracked.org/ for additional resources and insights.
Contact: @yoforexpremium
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😎💫Happy Trading💫😎
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