Indicement MT5

i m using Indicement since relase, i m very Happy with the rsults, like everey EA from Wim

After almost a year of using the Indecement EA, I can say that the results have been disappointing. Throughout this time, I kept hoping it was just a bad period, a temporary cycle, or a reaction to certain news, but the performance never really improved. Every time it seemed to recover, another significant drawdown followed. In conclusion, I don’t plan to use this EA anymore unless major changes are made to its strategy or algorithm. In my opinion, small adjustments won’t make a difference — it will still lead to losses in the long run.

Beautiful work, Wim. I bought this EA a long time ago, paused for a while, and recently started testing it again after purchasing UBS. I really appreciate that you haven’t abandoned this EA. Solid trades so far. Daily breakout strategies for USTEC and US500 could be interesting - Overall, very happy — so far, so good.

Honest Review of “Indicement” (after ~1 year of use) This isn’t a pleasant review to write, but it’s the truthful one: after roughly a year, the EA hasn’t delivered the results I hoped for. On the positive side, Wim has replaced the US30 strategies with daily (D1) approaches. In my experience, this is a step in the right direction—D1 logic tends to be more stable, as H1 strats for indexes seems to have too much noise to predict results, and backtests on daily data usually resemble live trading more closely. However, for the other indices the gap remains. On US500 and USTEC, backtests still don’t align with real-account performance. Two of the four US500 strategies have already been replaced due to this mismatch, but none of the USTEC strategies currently mirror their backtested behavior in live trading. What I want to underline is Wim’s integrity. He’s one of the few genuinely honest EA developers on MQL5, and I’m confident he’ll keep working to turn Indicement’s performance around. I’ll update this review as progress is made.

15/02/26 UPDATE: With the last strategies update, the EA seems to give much better results. Still keeping an eye closer to USTEC performance.

It saddens me to write this review. I have used indicement since launch and has kept it running live for ~9 months now. - The result is a drawdown that equals approximately twice the drawdown in backtests. According to the developer, the max dd is expected to be around 5-6 times the risk per strategy, meaning 3% risk as used in the signal should stay below 15-18%. Currently it’s close to 30%. If all strategies theoretically would go down it’s worst expected drawdown simultaneously we would end up around here, but this is way worse than what has happened ever before according to the developer in other words. - using the prop firm setfile got me to lose my funded account. - US30 had bigger drawdowns than history and US500 performs worse than backtest but in line with drawdowns. What I find most disappointing is the fact that US30 was turned off in the live signal due to this and no information or update was given to the users. Only response has continuously been that every trader has his own responsibility. For example, current setfiles and information on this page still shows possibly outdated information. Don’t get me wrong, Wim has always been very helpful, informative and fast in response. This review might change after some more months of running it live or with future updates. What I would expect would be more information about differences from backtests published here and maybe a rearrangement of strategies etc. For example I know that NAS is still in line and has even more promising updates. Functional/more stable strategies could be left etc. There are ways to go forward using learning points from Indicement by analyzing what has happened or simply putting more focus on NAS/US100 with slightly higher lotsizes. I do welcome other points of perspective on this matter. I believe there are several ways to learn, adapt OR inform. 2015-07-16

Un EA performant avec un support exceptionnel ! Impressionné par ses performances. Il est stable, rentable et bien optimisé. Le développeur est réactif, professionnel et toujours prêt à aider, que ce soit pour l’installation, les réglages ou les conseils stratégiques. Je recommande vivement cet EA à tous ceux qui cherchent un outil sérieux, fiable, et bien accompagné !

Very good EA, not trading US30 atm, Wims support is the best you can trust!

Working really well, especially on Nasdaq and US500, thanks Wim! I trust his experience, he is no BS, and he has great support.

I bought the Indicement EA on the 1st day (7 September 2024) and it has been on a live account since then. First, it had a DD, and was vulnerable to news, I had a huge slippage on NFP. After Wim has added the news filter and breakout filter, this EA looks promising long term and is making profits for me now! Using in my portfolio and can recommend it. Huge thanks for Wim's support 🙌

This is one of my favourite EA’s I’ve been using Wims ea’s for around 7 months with the combo deal and I’m looking forward to the future. The EA had drawdown at the start although this was small and was recovered one thing to note from this is it is perfectly aligned with the backtest which I believe shows this is an honest EA from an honest person with the backtest being actually real it shows some really good potential in long term stability and profit. This is a normal strategy that dose not use gambling strategies unlike other EAs on the market like grid and martingale this is just a strategy which I like I’ve learnt the hard way to stay away from martingale systems learn from my mistakes and never go near them. There are not many EAs on the market that trade indices so even if you use other EAs I highly reccomend you purchase this ea for diversification in your portfolio. The author is very good with support and communication which is important when you are buying a ea. Overall this system is very reliable and shows amazing performance in the long run, this is an honest ea from an honest seller so I highly recommend

So after 12 months plus of using this ea, I can say it's as bad as the day I bought it. After literally 100's of updates and fob offs from the dev about why it's not performing I'm giving up on it and tossing on the trash. It's a shame as Wim does have some superb performing ea's (even though they are almost clones of each very similar pattern/strategies for the most part). The red flag is that he is constantly pumping out EA's which makes me think how can he take the time and effort to maintain something when there is an issue. I highly recommend you DO NOT purchase this EA, it isn't profitable in the short term mid term or long term. Sure there are a losses but this EA at best keeps you at break even, I've spent many hours backtesting forward testing on live and demos to try and get some combination that is consistent but it just doesn't happen. Go for one of his original Gold ea's they seem to be more solid.

Still a young EA at this point. It behaves like in the backtests which indicates high longterm potential. The autor's support is amazing and he is further developing his products. Very trustful and reliable. I run also his other products in a portfolio and managed to be profitable. Not for every month, of course, but in the longterm and with a decent risk management. Wim and his EAs are highly recommended!

Short update – December 2025

After the latest updates and new set files I’m now running this EA on US500, NAS100 and also US30 on a separate indices account.

Results so far are very solid: around 57% win rate, profit factor about 1.18 and balance drawdown roughly 15–16%, with lower equity DD.

For an intraday indices strategy this is absolutely acceptable for me. 📊

All trades are fully automated with clear SL/TP and no martingale or grid, which is important for my risk management.

I plan to keep this EA as a long-term part of my indices portfolio. As always, I recommend new users to start on demo first and use reasonable risk settings according to their own capital. 🤖✅

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Updated: 18.05.2025

I’m adjusting my review slightly. I've paused US30 trading on my real-money account, as this pair has negatively impacted the overall performance of the EA.

Other pairs have been profitable from the start, so I’ve kept them active. US30 trading will remain active on a demo account, and if I notice improvements, I’ll consider reactivating it on the live account.

Overall, the EA appears to be profitable in the bigger picture, and I recommend using a more conservative risk management approach.

It's not impossible for the EA to have several consecutive losing months — but at the same time, the strategies show strong potential for long-term profitability based on years of development.

Let’s review and re-evaluate again in 2 to 4 months.

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edited 13.03.2025

I am changing my assessment. I have been testing this EA on a small-capital account for over six months now, and the results have not changed. And for this price, such an EA? 😀

The developer is helpful, but that only serves as good salesmanship, benefiting the developer rather than the users. No one truly evaluates the EA's actual performance.

Just like the developer's other EAs, this one does not generate real profit either. If we are talking about long-term results with just 2% annual returns in this manner, then you might as well get a fixed-term deposit at your local bank—you’d earn more with less risk.

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I have tested this EA for over 3 months on a real-money live account, and the results are still negative. I have given this EA sufficient time, and the outcome remains disappointing. Fortunately, it hasn’t destroyed the account’s capital, but simply waiting and hoping for better trades and profits feels like a waste of time at this point.

The developer, however, is very helpful and professional in their communication.

I’ll still keep it active on a small-capital account with minimal lot size, as the risk is negligible—perhaps things will improve (purely out of trust in the developer, as this is not a scammer and there is potential). I also reserve the right to change my review if I see improvements or declines in the EA’s performance.

The author support is amazing and very honest and after checking so many EAs on mql5 I can say for sure. He has the best strategies and I really do appreciate all his hard work,Indicement life trading matches backtesting very reliable EA and trustworthy author

The EA is excellent, real trades match the backtest and the support from Wim is outstanding.

Ugh, as soon as I put the EA in, it hasn't stopped generating losses, I have to eliminate it from my portfolio.

Generate losses only. Do not buy it. Profits are very rare and relatively small.

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, leider produziert der EA nur Verluste- nicht zu empfehlen

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.

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