HYPER INDICATOR - Coming soon
Takes early session trade in line with opening trend
Transparent Trading Reults - One trade Max per day per INDEX
INDEXTRADER IS THE TRADERS UTOPIA - 3 INDICES , NO RECOVERY FACTOR NEEDED, 3 TRADES A DAY, TRADES OVER QUICKLY, NO OVERNIGHT HOLDING & TRADES IN NORMAL US/EUROPEAN SESSIONS. FAST & POWERFUL TRADING MACHINE FOR MT4.
What is INDEXTRADER and How does it Trade?
INDEXTRADER is a Metatrader 4 expert advisor designed especially for 3 the global indices namely the DAX, DOW and SP500. It is not intended to be used on other FX pairs, however it will run on other Indices (NASDAQ/HK/NIKKEI) with the correct sets. The DAX30, SP500 and DOW30 are the most heavily traded index, they are volatile and fast moving - perfect for day trading and INDEXTRADER EXPERT ADVISOR.
INDEXTRADER trades only once per day (of each index) at the open of the DAX session, or the DOW/SP500 session, taking the trade of the early move. INDEXTRADER will run on MT4 broker that supports the index markets.
It will run only on the US markets if you wish, or only the DAX, or you can run on all 3 charts, it is personal choice.
Key Trading Logic:
IndexTrader uses the early 5-10 minutes of the session to place limit and stop orders in line with the prevailing direction of the open. It uses a trailing stop exit and fixed stop loss.
Full Installation, Setup Instructions & Templates
Trades a Maximum 1 Time Daily
The most liquid and fastest moving Indices
No martingale or grid techniques, fixed lot sizes used.
Client can specify their own lot sizes. We can guide.
*IMPORTANT* Check your broker compatability
IT IS IMPERATIVE you check your broker compatability before deciding to use IndexTrader. Some brokers have restrictions on how close you can place limit and stop orders to the current market price. This will cause IndexTrader issues because if your broker has this restriction the EA will be trying to place orders and the broker will keep rejecting them as they are too close to the market price.
This can be easily checked by right clicking the symbol in the Marketwatch panel and you will see "specification", once you click it you will see Stop level. Ideally you want to see 0 in here, if its anything else, it will be problematic long term. Most mainstream brokers, IC/AXI/Tickmill/Admiral, etc are fine, yet some major brokers like Vantagefx has this restriction. So, check yourself. If you are not sure, or need help ask us. Below you can see ICMarkets (fine) and Vantagefx (not compatible).
Not only will this cause an issue placing the order, it will cause havoc when using trailing stop loss as broker will keep rejecting the stop loss moving as EA is attempting to move the stop loss closer to the market price than the broker allows, so rendering your trailing stop ineffective.
<<IC Markets OK
VantageFX not OK>>>
Easy 5- Minute Install
Used in MT4 Platfom
Buy in MQL store securely
LIVE Trading Results: (updated every 5 Minutes) Click image to view results......
LIVE IC MARKETS INDEXTRADER (SP500)
Every Trade is Verified by Industry standard myfxbook. We use LIVE & Demo accounts for indexTrader. We will continue to populate our myfxbook with additional accounts in coming weeks. See all account/s here:
Historical Testing (Long Range Backtests)
IndexTrader is Historically using Dukascopy 1 min data to 90% Model Quality. Please see the backtest results below for each of the 3 instruments. All tests conducted with maximum trade loss restricted to <6% of account per trade/signal.
Dow Jones, Stop loss 40 points, $15 per point per €10,000 account.
DAX, Stop loss 30 points, €20 per point on €10,000 account.
SP500, stop loss 4.00 points, €150 per point on €10,000 account.
IndexTrader can be ran standalone on individual indices, or ran as a portfolio on all 3 recommended indices.
Forward Monitor (LIVE IC): https://www.myfxbook.com/members/AlnoTrade/indextrader-sp500-icmarkets/8919439
IndexTrader excels in its own right on each of the 3 index instruments, but its a deadly force when all 3 are ran together on the the same account. Below is the result of the 3 independent backtests combined using StrategyQuant4 backtest combiner software. Running all 3 together will provide portfolio equilibrium and diversity of trades allowing for a smoother equity curve.
Superb Month Over Month Profit
Powerful Monthly Returns
Simple to use, highly effective
"Using Single Trade positions with a fixed stop loss greatly decreases the risk of the ruin to the user. Too many times amateur traders do not allow enough respect to the potential downside risks, they habitually nearly always use too much leverage resulting in >95% of traders losing money. Normally achieved very quickly when the market moves against them and they have no risk exit plan."
The Worlds' Best Known Trading Platform - MetaTrader4
All our expert advisors use MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by MetaQuotes Software and released in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. The software consists of both a client and server component. The server component is run by the broker and the client software is provided to the brokers customers, who use it to see live streaming prices and charts, to place orders, and to manage their accounts.
The platform is focused on margin trading. At the same time, MetaTrader 5 also works with equities and commodities exchange-traded commodities. Both MetaTrader 4 and 5 can use custom indicators and trading programs (called Expert Advisors) for trading automation.
FULL SOFTWARE ACCESS WITH INTERNAL SETTINGS OPTIMIZATION SYSTEM
Just lot size entry required. No other settings adjustments are needed.
DETAILED SETUP GUIDE
You will get a clear, detailed manual outlining setup instructions and best recommendations to maximize performance.
FULL SUPPORT FOR ANY ISSUES.
For any issues arise, they will be expertly dealt with by our customer service team. Help will always be at hand if you need any assistance.
FREE LIFETIME UPDATES AS NEEDED
Any updates or improvements we make for the system will be provided to you.