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INDICEMENT EA MT4 – Full Input Settings Analysis

INDICEMENT EA - 1

INDICEMENT EA - 1

Indicement EA is an advanced trading algorithm developed for the MetaTrader 4 platform. It leverages sophisticated algorithms to pinpoint optimal entry points by analyzing critical support and resistance levels, while simultaneously executing multiple strategies to minimize risk. With built-in risk management tools such as stop-loss, take-profit, and trailing stop features, the EA dynamically adjusts to market conditions, enhancing trade outcomes. Designed for both novice and experienced traders, Indicement EA provides a user-friendly interface, ensuring consistent and profitable trading opportunities.

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INDICEMENT EA (1)

INDICEMENT EA (2)

Volume management settings

  • Max Lots: 99.0 – Highest total lot size all positions are allowed to have.
  • Lot Size Calculation Method: Apply Max Risk per Strategy – Lot sizes are risk-managed based and not by fixed values.
  • Max Risk per Strategy: 3.0% – Maximum riskable capital per strategy.
  • Lot Size Step: 500 – Incremental step for increasing lot size according to account size or strategy level.
  • Manual Lot Size: 0.01 – In case auto lot calculation is disabled, the EA will execute using a manual lot of 0.01.
  • Max Daily Drawdown (Prop Firms): 0.0 – No daily drawdown is established, which may be required for prop firm regulation.

News filter and trading hours

  • High-Impact News Filter (NFP, Interest Rates, CPI):
  • NFP_FILTER: true – The EA never trades during the Non-Farm Payroll (NFP) event.
  • NFP_CloseOpenTrades: true – The open trades are being closed prior to the NFP release.
  • NFP_MinutesBefore / After: 50 / 30 minutes – The trading is halted 50 minutes before and 30 minutes after the NFP event.
  • InterestRate Filter: true – On; the EA will avoid trading around interest rate releases.
  • CPI Filter: false – Disabled; the EA will not bypass Consumer Price Index (CPI) news unless manually enabled (in the event of fund or index trading).
  • Trading Time Settings:
  • Time Source: Broker – Server time is used to determine trading hours.
  • Start / Stop Time: 00:00 to 24:00 – EA can trade throughout the day, unless additionally restricted by news filters or day/time filters.

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