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Indicement MT5

7 purchases per month

399 USD

Demo downloaded: 1 217

Published: 7 September 2024

Current version: 2.0

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Overview
Reviews (16)
Comments (39)
What's new

Indicement MT5

4.14

Experts
Profalgo Limited
Version: 2.0
Updated: 3 December 2024
Activations: 10

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

more...

139

Sharif Hamwi 2024.12.16 01:34 #

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

Klogarg 2024.10.23 10:34 #

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

166

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.

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Please do not pm me if you are asking for: Discount (Price will go back to the original price of 3800 in the future) Backtesting result (We don't trust misleading information) "LDB" employs a method called "portion of lots," which is the best solution to handle multi-broker quotations, especially during Red News events. Seamless Compatibility with Slap all News, Tokyo Hot, and London Bell for running multiple EAs in the same account Signal Monitor: Profile Product Highlights: Advanced Inrexe

1 199 USD

PROP FIRM READY! ( download SETFILE ) LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal -> click here JOIN PUBLIC GROUP: Click here New V2.2 Live Signal Old Live Signal Welcome to the Gold Reaper! Build on the very succesfull Goldtrade Pro, this EA has been designed to run on multiple timeframes at the same time, and has the option to set the trade frequency from very conse

599 USD

Hello everyone, let me introduce myself: I am Quantum StarMan, the electrifying, freshest member of the Quantum EAs family. I'm a fully automated, multicurrency EA with the power to handle up to 5 dynamic pairs: AUDUSD, EURAUD, EURUSD, GBPUSD, and USDCAD . With the utmost precision and unwavering responsibility, I'll take your trading game to the next level. Here's the kicker: I don't rely on Martingale strategies. Instead, I utilize a sophisticated grid system that's designed for peak pe

499.99 USD

Signal : https://www.mql5.com/en/signals/2237852 After the purchase, contact me to get instructions for setting up and an invitation to a private group + bonus! The current price is promotional and will increase. Gold is one of the most risky tools in the market. Accuracy, deep analysis and effective risk management are required. Expert consultant Prometheus flawlessly integrates all these elements into a complex system developed for optimal trade. Advanced strategies and technologies are aim

499 USD

AI NoX EA is an innovative Forex expert advisor that combines advanced neural networks technologies with high-volume trading and Matrix factorisation .The advisor uses complex algorithms to decompose large sets of market data, uncovering hidden patterns and correlations between various financial instruments. Details about Advisor Development Configuring the Advisor The price of the advisor will increase significantly as I have allocated a specific number of copies. I will adjust the price as sal

799 USD

Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal -> click here LIVE RESULTS: https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP: Click here Set Files Welcome to DayTrade Pro Algo! After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independent

599 USD

NEW PROMO: Only a few copies copies available at current price Final price: 999$ NEW: Choose 1 EA for free! (for 2 trade account numbers) Make sure to check out our " Ultimate EA combo package " in our promo blog ! LIVE SIGNAL Bitcoin Scalp Pro is a unique trading system on the market. It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates into extreme low drawdow

399 USD

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 strateg

399 USD

LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal -> click here Live signal: https://www.mql5.com/en/signals/2084890 Live Signal high risk : https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set File JOIN PUBLIC GROUP: Click here Parameter overview Gold Trade Pro joins the club of Gold trading EA's, but with one big difference: this is a real trading stra

599 USD

NEW PROMO: Only a few copies copies available at current price! Final price: 999$ NEW: Choose 1 EA for free! (for 2 trade account numbers) Make sure to check out our " Ultimate EA combo package " in our promo blog ! LIVE SIGNAL Bitcoin Scalp Pro is a unique trading system on the market. It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates into extreme low drawdo

399 USD

LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal -> click here New live signal: https://www.mql5.com/en/signals/2084890 Live Signal high risk : https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set JOIN PUBLIC GROUP: Click here Parameter overview Gold Trade Pro joins the club of Gold trading EA's, but with one big difference: this is a real trading strat

599 USD

MORE THAN 4 YEARS OF LIVE TRADE RESULTS ALREADY -> https://www.mql5.com/en/signals/413850 NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog !! READ SETUP GUIDE BEFORE RUNNING THE EA !! -> https://www.mql5.com/en/blogs/post/705899 Other Live results : https://www.mql5.com/en/signals/1931084 Advanced Scalper is a professional trading robot that has been in development

499 USD

Launch promo: Only 1 copies available at 399$ Final price: 2000$ There will be only a limited number of copies sold of this EA Luna AI is a very advanced night scalper and one of the best you can find on the market. It was developed using years of experience in live trading with the mean-reverse strategy, and selected only the best pairs and techniques to be included in this EA. Since the EA is build upon existing technology that was developed over the years, the EA is very effective and has

399 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog ! Live results: https://www.mql5.com/en/signals/1872951 high risk account Introducing the latest addition to our line of forex trading robots - the Apex Trader . Developed using years of experience in creating expert advisors, Apex Trader is a powerful trading tool for the forex market. As a developer, I have dedicated a l

499 USD

399 USD

499 USD

LAUNCH PROMO: ONLY 34 9 $ instead of 990$! Only a few copies left at this promo price! Make sure to check out our " Ultimate EA combo package " in our promo blog ! JOIN PUBLIC GROUP: Click here Live results low risk Live results high risk Welcome to STABILITY PRO : One of the most advanced, stable, low risk grid systems on the market! This EA has been stress-tested over the full available history of the forex pairs that it uses. During these stress tests, the EA was profitable in eve

449 USD

NOTE: only recommended How to set up the EA: Please read the blog first Run on M5 only. Run on all pairs a seperate chart OR run all pairs from 1 chart using the OneChartSetup I would recommend using "LotsizeStep" as AutolotMode. (Automatic money management) LotsizeStep values-> Low risk: 500; Medium Risk: 250; High Risk: 150 It is recommended to run the EA on a low spread ECN broker. Minimum recommended accountsize: 250 $ for running all 14 pairs, but you could run only a few pairs

149 USD

NIGHT OWL is a night scalper that trades during the most quiet times of the market. Markets tend to range in that period and the EA will trade those ranging movements. Each trade will have an initial stop loss and take profit, but the EA uses also advanced SL management algorithms that will evaluate the strength of the trades and close out early if necessary. The EA works on all pairs that have stable spread and quiet moves during the night. But it is programmed to also handle bigger spreads wit

125 USD

NOTE: only recommended for these pairs currently: EURAUD;GBPAUD;GBPCHF;EURCHF;AUDCAD and AUDUSD 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 ! Live monitoring : https://www.mql5.com/en/signals/1422803 The Viper EA uses sharp and effective "mean reversion" entries during the ranging period of the trading sessions (between 23h and 1h GMT+2, US DST). These trades already have a very high

149 USD

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 ! Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. IMPORTANT

129 USD

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 ! Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Recommended for HEDGING MT5 account types only! Since this kind of strategy works best with low spread and fast exec

129 USD

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

149 USD

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 ! Grid King is a revolution in grid trading. The main focus when developing the EA was safety, by eliminating the margin-call risk which is usually associated with most grid systems on the market. It also strives to achieve much higher returns than the average grid system, by spreading risk amongst multiple pairs and strategies which all have a li

249 USD

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 high and lows and will trade the breakouts. The actual execution of this strategy however, is what makes this EA truly shine. Entry calculations and exit algorithms are not only unique but also very advanced. LIVE RESULTS: https://www.mql5.com/en/signals/7

149 USD

NOTE: only recommended for these pairs currently: EURGBP;GBPUSD;GBPCAD;USDCAD;USDCHF; 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 ! The Reaper EA is a night scalper that will trade reversal on the nightly ranges for multiple currency pairs. The EA is very advanced and uses a lot of filters and safety measures. Please read the blog after purchase: Recommended pairs: GBPUSD;GBPCAD;GB

149 USD

NOTE : Please run only on GBPCHF and GBPCAD for now 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 ! STARLIGHT is a very advanced, low risk night scalper which uses a unique approach to the entry algorithm compared to other night scalpers. It was developed using years of experience in live trading with the mean-reverse strategy, and selected only the best pairs and techniques to be included i

149 USD

Little Trade Helper is a fine tool for manual traders. It can quickly draw trendlines and support/resistance lines that will help to identify good price levels for placing entries, or set SL/TP levels. This indicator will not provide any direct buy/sell signals or notification, but is purely meant for those traders that want to get a quick graphical help in finding important levels on the chart. When switching to another timeframe, the indicator will immediately adjust and re-calculate all

35 USD

449 USD

249 USD

Filter:

2269

Aller Uja 2024.12.19 23:15 #

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.

71525

Reply from developer Wim Schrynemakers 2024.12.20 06:52 #

Thx for the feedback!

139

Sharif Hamwi 2024.12.16 01:34 #

71525

Reply from developer Wim Schrynemakers 2024.12.16 07:39 #

thx mate! much appreciated!

Klogarg 2024.10.23 10:34 #

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

656

David Alba Mourenza 2024.10.19 09:16 #

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

804

Evgeny Mikhaylov 2024.10.17 11:40 #

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

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, leider produziert der EA nur Verluste- nicht zu empfehlen

166

Malhar Utpalkumar Jivrajani 2024.09.16 16:51 #

394

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.

1903

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.

71525

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 2024.09.09 19:48 #

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

136

basa2021 2024.09.09 19:02 #

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

447

Cristian-bogdan Buzatu 2024.09.09 12:21 #

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

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.

311

Ehsan 2024.09.07 23:08 #

The Advisor has not meet my expectations so far. Since 2 months the performance is ranging around BE, but overall I experienced more losses than wins since my purchase. I will keep updating this review at a later point of time.

For the moment, unfortunately I cannot recommend it for any Prop Firm Challenge or Funded Account, since it's not really profitable.

2354

Victor Minaev 2024.09.07 17:11 #

User didn't leave any comment to the rating

charlesm-b 2024.09.07 16:29 #

User didn't leave any comment to the rating

Version 2.0 2024.12.03

Added "AdjustLotsizeToVariableValues" -> this will make sure that if SL get bigger for example if gold price goes higher, that the lotsize will be adjusted as well (decrease) so that the actual potential max drawdown stays the same throughout all history and future with the same risk settings.

Version 1.80 2024.11.01

fixed bug regarding the "friday stop hour" parameter

Version 1.70 2024.10.23

added "fake breakout" filter

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