IndexTrader v1.1

Original price was: $299.00.Current price is: $25.00.

IndexTrader v1.1 Original website:ย https://www.mql5.com/en/market/product/72916?source=Unknown Original Price:ย $299 Content:ย Expert: index_fix.ex4, How to install MT4 files.pdf What is INDEXTRADER and How does it Trade? INDEXTRADERย is a Metatrader 4 expert advisor designed especially forย SP500. Built by Alnotrade, developers of the highly sucessful DragonPRO scalper โ€“ and Euroka (institutional only) system. As usual, we run our system on a live […]

Description

IndexTrader v1.1

Original website:ย https://www.mql5.com/en/market/product/72916?source=Unknown

Original Price:ย $299

Content:ย Expert: index_fix.ex4, How to install MT4 files.pdf

What is INDEXTRADER and How does it Trade?

INDEXTRADERย is a Metatrader 4 expert advisor designed especially forย SP500. Built by Alnotrade, developers of the highly sucessful DragonPRO scalper โ€“ and Euroka (institutional only) system.

As usual, we run our system on a live account, showing real world execution and profit, not just a fluffy backtest, or worse still a live account with a broker of dubious origins.ย We only use regulated and globally recognised brokers.

It trades once per day with a fixed stop and loss of 4 points ofย SP500. It is hugely profitable, uses no daft tactics of martingale, grid, scaling in or cost averaging.ย 1 trade per dayย with a fixed Stop loss and Take Profit, it is very easy to use and trade, with very little stress as trades are typically over in 2 minutesย (average trade length).

Real Live Account Metrics:

Monthly Gain: +15%

Drawdown: -8%

(correct as of 6th Dec 21). Scale up risk as you wish! You can use X2, or X4 larger risk should you wish.

It is not intended to be used on Forex pairs, however it will run on other Indices (NASDAQ/HK/NIKKEI) also.

Theย SP500 is one ofย the most heavily traded indices, itsโ€™ volatile and liquid โ€“ perfect for day trading &ย INDEXTRADER EXPERT ADVISOR.

INDEXTRADERย trades only once per day (of each index) at the open of the SP500 session.

INDEXTRADERย will run on MT4 broker that supports the index markets, target spread for this pair is 20-50. (0.2 -0.5 SP points), most major broker players are well inside this.

Key Trading Logic:

IndexTraderย 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, systematically it is trading momentum withing the early price action.

Historical Testing (Long Range Backtests)

IndexTrader is Historically using Dukascopy 1 min data to 90% Model Quality.

SP500, stop loss 4.00 points, โ‚ฌ150 per point on โ‚ฌ10,000 account.

Easy to backtest:

Run on SP500 5 Minute Timeframe, every tick. EA has default settings for the SP500, only need to change lot sizes, the other parameters remain same.

Choose 1.0 lot for each $100 balance for 4% Max loss per trade, 10.0 lots per $1,000 and 100.0 lots per $10,000.

For higher growth, use X2 or X4 the above suggested risk.

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