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Indicement MT5

4.3

Welcome to Indicement!

PROP FIRM READY! -> download set files here

LAUNCH PROMO:

  • Only a few copies left at current price!
  • Final price: 990$
  • NEW: Choose 1 EA for FREE! (limited to 2 trading account numbers)

Ultimate Combo Deal -> click here

JOIN PUBLIC GROUP: Click here

LIVE SIGNAL


INDICEMENT brings my 15 years of experience in creating professional trading algorithms to the Index markets.

The EA uses a very well thought out algorithm to find the best entry price and runs multiple strategies internally to spread the risk of the trades.

All trades have a stoploss and take profit, but also use a trailing stoploss and trailing take profit to minimize the risk, and  maximize the potential of each trade.

The system is build on the very popular and proven strategy: trading breakouts of important support and resistance levels.  

I'm happy to say that I have perfected this strategy over my many years of developing EA's


This EA is developed to trade specifically for US500, US30 and NAS100 indices.

These markets are particularly well suited for trading this type of strategy.


Backtests show a very stable growth curve, with very controlled drawdowns and fast recoveries. 

This EA has been stress tested for all 3 indices, using multiple pricefeeds for various brokers.  Also cross-market  testing has been done to exterminate the risk  of over-optimizations.

No "neural network/machine learning AI/ChatGPT/Quantum computer/perfect straight line backtests" sales-talk, but a real and honest trading system, based on proven methodology for development and live execution.

As a developer, I have +15 years of experience in creating automated trading systems.  I know what has the potential to work and what has not. 

I create honest systems, with the highest probability of trading like the backtests without cheating.


Key Features:

  • Very easy to use: install on only 1 H1 chart, and use one of the set files provided
  • No grid/No Martingale/No risky risk management
  • Extremely stable longterm when using the full set of strategies
  • Easy to use for Prop Firms
  • Minimum account balance: 150$  (use setfile "extreme low risk" for accounts smaller than 300$)


Setup for backtesting: 

A) make sure you fill in the CORRECT SYMBOLS for the 3 indices in the parameters (check MarketWatch window to see the actual names for the indices)

B) Select EURUSD H1 symbol in the backtester.  It will run all 3 indices from the parameters, no matter which symbol you select in the tester

C) Set your desired max drawdown per strategy in the parameters or load a set file

(check the screenshot here to see on how to set the names of the indices)


Setup for live trading:

A) Load the EA to any H1 chart you want (EURUSD recommended as it has the most ticks).  EA will automatically run the 3 indices, no matter which chart you run it on

B) IMPORTANT: make sure you fill in the CORRECT SYMBOLS for the 3 indices in the parameters (check MarketWatch window to see the actual names for the indices) (example here)

C) Set your desired max drawdown per strategy in the parameters (or load one of the set files, available here)


IMPORTANT: For AUTO_GMT TO WORK -> you must add the URL "https : // www . worldtimeserver.com/"  (remove spaces!!) to the "allowed URL's" in your MT4/MT5 terminal (tools -> options -> expert advisors)



Parameters:

  • ShowInfoPanel -> display the information panel on the chart 
  • Adjustment for Infopanel size -> in case of 4K display, set value to "2"
  • update infopanel during testing -> disabled for faster backtesting
  • Friday Stop Hour -> if you don't want trades to be hold over the weekend, set a value between 0 and 23. (25 means "disabled)
  • SetSL_TP_After_Entry -> enable only if your broker doesn't allow pending orders with SL and TP
  • Use Virtual Expiration -> enable only if your broker doesn't allow pending order with expiration date
  • BaseMagicNumber -> the base magicnumber that will be used for all strategies
  • Comment for trades -> the comment to be used for the trades
  • Remove Comment Suffix -> remove the part that adds more info to the comments (like 'US500_A')
  • RunUS500 -> enable the strategy for US500 index (SP500)
  • US500_Symbol -> set the name of the symbol for the US500 pair (very important to set it correctly!!)
  • US500_Strat1 -> enable strategy 1 for this pair
  • US500_Strat2 -> enable strategy 2 for this pair
  • US500_Strat3 -> enable strategy 3 for this pair
  • Value in $ of 1 unit move -> default is "0" (auto).  Only change this if you lotsize is much too high. ask me for instructions
  • US500_MaxSpread -> max spread allowed
  • US500_Randomization -> this will randomize the entries, exits and TrailingSL values a bit, so that multiple users on the same broker, will have a bit different trades.  Also good for prop firms.
  • Same options for US30 and NAS100 (USTECH)
  • EnableNFP_Filter -> turn the NFP filter on or off
  • AutoGMT -> let the EA calculate the correct GMT offset for your broker, so that the time of NFP will be correct
  • GMT_OFFSET_Winter -> for setting the GMT Offset manually in the wintertime (when AutoGMT is off, or during backtesting!)
  • GMT_OFFSET_Summer -> for setting the GMT Offset manually in the summertime (when AutoGMT is off, or during backtesting!)
  • NFP_CloseOpenTrades -> force the EA to close all open trades when NFP starts (X minutes before NFP)
  • NFP_ClosePendingOrders -> force the EA to delete all pending orders when NFP starts (X minutes before NFP)
  • NFP_MinutesBefore -> how many minutes before the NFP event, to close trades and pending orders
  • NFP_MinutesAfter -> how many minutes after the NFP event, before the EA resumes trading again
  • PROPIRM UNIQUE TRADE SETTINGS -> here you can modify the entry and exits of the trades manually, to make them different compared to other users of the EA (for prop firms)
  • Lotsize Calculation Method -> here you determine how the lotsize should be calculated: Fixed lotsize, Max Risk per Strategy, or LotsizeStep
  • Startlots -> set the value for fixed lotsize, when that option is chosen.  This parameter will be used as "minimum lotsize" when using any of the other 2 options for lotsize calculation
  • Max Risk Per Strategy -> The prefered maximum allowed total drawdown (in %) for each strategy.  The EA will then determine lotsize based on the historical max DD of that strategy
  • LotsizeStep -> set the step value for which the EA should increase lotsize from 0.01 to 0.02lots
  • Set Max Daily Drawdown -> Here you can set a maximum allowed daily drawdown (in %).  If it is reached, the EA would close all trades and pending orders, and wait for the next day.  This is usefull for prop firms
  • Use Equity instead of Balance -> use Equity of the account to calculate all lotsize values
  • OnlyUp -> this will prevent lotsize to decrease after losses (more aggressive but faster recovery after losses)
  • Trading hours -> here you can set the hours between which the EA should trade



Reviews 12
mike27399
331
mike27399 2024.09.18 07:41 
 

Schnell zugreifen solange der EA noch günstiger ist, Ich hab den EA gleich auf meinen Echtgeldkonto installiert. Ich verwende die Propeinstellung. Seit Montag live im Betrieb - jeder Tag wurde insgesamt ein Gewinn produziert - perfekt. Einfach Backtest machen bevor man den EA kauft (MT5) .

Ich verwende ICMarketsSC MT5 Broker

Malhar Utpalkumar Jivrajani
136
Malhar Utpalkumar Jivrajani 2024.09.16 16:51 
 

Not just limited to Indicement, Wim's other consistent products like Day Trade Pro, Gold Trade Pro are reliable if you have patience. None of Profalgo's EAs will bring you quick profit. There are loss months too. If you stick to the strategy, you will end-up in green. There are regular updates. Support is next to none. My experience with Indicement is good so far. Testing Gold Trade Pro. I will keep updating here. Wim is one of the most reliable person in this chaos. Thank you.

raja5655
364
raja5655 2024.09.10 17:22 
 

The stop loss Breakout System is good and reasonable, an experienced programmer is reliable and will carry out any corrective action if necessary.

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Profalgo Limited
5 (4)
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Gecko EA MT5
Profalgo Limited
5 (1)
NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our   promo blog ! Gecko runs a simple, yet very effective, proven strategy.  It looks for important recent support and resistance levels and will trade the breakouts.  This is a "real" trading system, which means it will use a SL to protect the account.  It also means it will not use any dangerous techniques like martingale, grid or averaging down. The EA shows its
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mike27399
331
mike27399 2024.09.18 07:41 
 

Schnell zugreifen solange der EA noch günstiger ist, Ich hab den EA gleich auf meinen Echtgeldkonto installiert. Ich verwende die Propeinstellung. Seit Montag live im Betrieb - jeder Tag wurde insgesamt ein Gewinn produziert - perfekt. Einfach Backtest machen bevor man den EA kauft (MT5) .

Ich verwende ICMarketsSC MT5 Broker

Malhar Utpalkumar Jivrajani
136
Malhar Utpalkumar Jivrajani 2024.09.16 16:51 
 

Not just limited to Indicement, Wim's other consistent products like Day Trade Pro, Gold Trade Pro are reliable if you have patience. None of Profalgo's EAs will bring you quick profit. There are loss months too. If you stick to the strategy, you will end-up in green. There are regular updates. Support is next to none. My experience with Indicement is good so far. Testing Gold Trade Pro. I will keep updating here. Wim is one of the most reliable person in this chaos. Thank you.

Moreno Dainese
1362
Moreno Dainese 2024.09.10 21:06 
 

un disastro

raja5655
364
raja5655 2024.09.10 17:22 
 

The stop loss Breakout System is good and reasonable, an experienced programmer is reliable and will carry out any corrective action if necessary.

BeletteCosmique
1788
BeletteCosmique 2024.09.10 13:59 
 

Backtesting, this EA is losing money on all and every index for a few months at least. Not going on the charts for now.

Edit - 2024-09-24 - In response to the developer: "the best period to start is during a drawdown actually, and not when the EA is making new highs..." - This is so wrong. There is nothing preventing a bad EA to go down in flames and never make a buck again. The live signal actually provides everything you'd need to know about the profitability of this EA. I'll take a bet and say it won't exist for long. All this EA does is shooting everywhere and hoping it'll get something back. STAY AWAY! I paid 90 bucks so you do not have to pay 399.

Profalgo Limited
70607
Reply from developer Wim Schrynemakers 2024.09.10 14:15
the best period to start is during a drawdown actually, and not when the EA is making new highs... The probability of a strategy making profits after drawdown is bigger than making profits after new highs (very logical if you think about it) But why not run on demo? You can't lose any money, but you might at least see the EA at work
Rik Kock
74
Rik Kock 2024.09.09 19:48 
 

Insane user support. It's a Wim product, do I need to say more?

Ba Sa
103
Ba Sa 2024.09.09 19:02 
 

Looks very promising so far. Wim providing top-notch service!

Cristian-bogdan Buzatu
399
Cristian-bogdan Buzatu 2024.09.09 12:21 
 

Looks very good so far. Seller's support is incredible.

cyberwolfdog
52
cyberwolfdog 2024.09.09 11:28 
 

New launced EA, but seller is giving good presales and aftersales support. Will add later the working of it.

Ehsan
268
Ehsan 2024.09.07 23:08 
 

I purchased the product today (Sat, 07.09)..exciting how it goes for the upcoming week! Wim has always been helpful and responsive. I will keep updating this review over time to add more valueable details.

Victor Minaev
2316
Victor Minaev 2024.09.07 17:11 
 

User didn't leave any comment to the rating

charlesm-b
72
charlesm-b 2024.09.07 16:29 
 

User didn't leave any comment to the rating

Reply to review
Version 1.61 2024.09.20
changed default settings: disabled CPI filter
Version 1.6 2024.09.19
added filter for CPI news and "interest rate decision" news
Version 1.5 2024.09.13
fixed lotsize issue with brokers that use non-standard VolumeStep
Version 1.4 2024.09.12
fixed lotsize issue....again :-)
Version 1.3 2024.09.11
fixed issue with brokers with minimum lotsize of 1lot
Version 1.2 2024.09.09
improved lotsize calculation method to prevent errors with some brokers
Version 1.1 2024.09.09
added extra control point for calculating lotsize if broker has wrong values for Ticksize or Tickvalue