Index Lord V1.0 MT4 EA (Build +1425) No DLL

Description

Product Link: https://www.mql5.com/en/market/product/112299
Live signal: https://www.mql5.com/en/signals/2199855

Welcome to IndexLORD EA, an exceptional scalping system tailored for the DOW30. Crafted by a quant team with over 20 years of experience, this system stands as a robust and dynamic trading solution. Its aggressive approach sets it apart, making it a powerful ally in your trading journey. Experience the difference with IndexLORD EA today!

IndexLORD is a specialized index scalper designed specifically for the DOW30. On average, it executes 3-4 trades per day, with more activity during volatile days and fewer on slower trading days, offering an exciting trading experience during the US session. All trades are closed before the end of the US session, ensuring focus and efficiency.

With impressive backtesting agility and consistent performance in live trading, IndexLORD showcases exceptional long-term potential, operating on the DOW’s 1-minute chart while utilizing a 100-point stop loss and a trailing stop activated from a 10-point gain.

IndexLORD leverages candle patterns as the primary indicator for trade entries. Given that indices rely heavily on momentum, the excels in tracking high-volume, momentum-driven moves. It utilizes predetermined candle sizes for entry, and once conditions are met—along with internal mechanisms—a trade is initiated with stop loss and take profit levels instantly set. The inclusion of a stop loss is vital in index trading, as rapid market movements can leave traders exposed without necessary protection.

By employing price action strategies, IndexLORD provides a distinct perspective compared to standard indicator-based trading, remaining inactive during low market movement to maintain a high win rate and avoid poor trading entries, laying the groundwork for long-term success.

IndexLORD works best in ECN and RAW price driven feeds, and direct market access brokers with low spreads in all indices and low slippage environments.

Can work on prop firm with good US30 conditions, low spread, good execution, low slippage.

Strategy Summary:

• Trading Instrument:  US30 (DOW)
• Minimum deposit : $100 if your broker offer 0.1 trading index lots (most do)
• Timeframe: 1 min
• Broker Offering : Any decent broker with good conditions in Indices
• Account type: Low Spread with Commission.
• IMPORTANT: Make sure to check spread before using each pair, target DOW <2.0 points.
• Account type: Hedging only (possible to have long /short same time in one instrument)

TradingSpecifications:

• Trades >2-3 time daily
• Entry – Open of new bar on 1 min
• Exit – By Stop loss, or trailing stop loss.
• Every trade has a 100 point stop on normal sets.
• Orders are cancelled or closed at 9pm UK time daily.
• No daily rollover or overnight trades.
• VPS not essential but recommended
• Easy setup with only changes to lots / GMT clock if necessary. (and possible changes if broker uses non 6 digit quote)
• Find backtests and any necessary set files in comments and screenshots

MT5 will produce longer range tests as more data is available on broker data server. Backtest in comment.

Use setfile to make tests!!!