Indicement MT4 v1.2 with SetFiles (Platform build 1471+)
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What is Indicement MT4?
Indicement MT4 is a sophisticated trading algorithm that leverages 15 years of expertise to deliver superior performance in the indices market. The Expert Advisor (EA) uses a carefully crafted strategy, identifies optimal entry points, and executes multiple trades simultaneously to minimize risk.
With built-in stop-loss, take-profit, trailing stop-loss, and take-profit features, Indicement minimizes risk while maximizing potential profits. The system is rooted in a proven breakout trading strategy from key support and resistance levels that has been refined over many years.
🔶 Vendor Website: View here
About the Author
This product is compiled by Wim Schrynemakers. This author has more than +12 years of experience working on MQL5 with many famous products such as Indicement MT4, Daytrade Pro Algo MT4, Gold Trade Pro MT4, The Gold Reaper MT4, Bitcoin Scalp Pro MT4 and other products. Among them, Indicement MT4 is his best performing products.
Indicement MT4 EA Review
Key Features of Indicement MT4
🔹 Multi-Strategy Trading Engine: Combines several internal strategies to diversify risk exposure efficiently.
🔹 Advanced Breakout Detection Logic: Trades key support and resistance breakouts with precise execution.
🔹 Integrated Risk Management Tools: Uses Stop Loss (SL), Take Profit (TP) and Trailing Stop for capital protection.
🔹 Optimized For Index Markets: Designed specifically for US500, US30 and NAS100 trading stability.
🔹 Prop Firm Friendly Structure: Includes drawdown control and randomized execution for safer trading.
Why Choose & Use Indicement MT4?
🔹 Built For Long-Term Stability: Designed to maintain controlled drawdowns and consistent execution.
🔹 No Grid Or Martingale Methods: Focuses on structured trading without dangerous recovery systems.
🔹 Professional Automated Trading: Uses advanced indicators and breakout logic for reliable execution.
🔹 Flexible Risk Control Features: Supports custom drawdown, lot sizing and trading-hour management.
🔹 Ideal For Prop Firms And Traders: Suitable for disciplined traders seeking stable index automation.
Indicement EA MT4 Review
🔶 The Indicement MT4 backtest trading results achieved impressive profit performance for 2 years (2022 – 2024) on the US30 pair.
✅ Initial Deposit: $5,000
✅ Total Net Profit: $1.84 million
✅ Win Rate: 71.27%
✅ Maximum Drawdown: 6.15%
Indicement MT4 Reviews
🔶 The Indicement MT4 backtest trading results achieved impressive profit performance for 2 years (2022 – 2024) on the NAS100 pair.
✅ Initial Deposit: $50,000
✅ Total Net Profit: $146,208.97
✅ Win Rate: 71.27%
✅ Maximum Drawdown: 3.23%
Indicement MT4 Review
🔶 The Indicement MT4 backtest trading results achieved impressive profit performance for 6 years (2018 – 2024) on the NAS100 pair.
✅ Initial Deposit: $100
✅ Total Net Profit: $3,214.98
✅ Win Rate: 78.37%
✅ Maximum Drawdown: 0.07%
Indicement EA MT4 Review
What is the Indicement MT4 Trading Strategy?
🔹 Support And Resistance Breakouts: Detects strong breakout zones using adaptive market analysis logic.
🔹 Multi-Index Diversification System: Spreads trading activity across major indices to reduce volatility.
🔹 Dynamic Trailing Protection Logic: Protects profits with adaptive trailing stop and trailing take profit.
🔹 Volatility And Spread Filtering: Avoids unstable market conditions using intelligent spread controls.
🔹 Adaptive Position Management: Calculates trade exposure based on drawdown and strategy stability.
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Minimum / Recommended deposit | $150 |
| Minimum / Recommended leverage | 1:20+ |
| Currency pairs | US500, US30, NAS100 |
| Time frames | H1 (60 minute chart) |
| Setup files | Available |
| Product type | NoDLL |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
1. Experts:
✅ Indicement MT4 v1.2_fix.ex4
2. SetFiles:
✅ Indicement_Prop firm set.set
✅ Indicement_extreme.set
✅ Indicement_high risk.set
✅ Indicement_medium risk.set
✅ Indicement_low risk.set
✅ Indicement_extreme_low risk.set
Conclusion
In short, Indicement MT4 is a breakout-based trading system built on a proven 15-year strategy targeting key support and resistance levels. With multi-strategy integration, strict risk controls, and verified backtests showing over $1.8M profit and minimal drawdown, it ensures reliability and consistency. Designed for US500, US30, and NAS100, Indicement EA stands as a professional tool for sustainable long-term trading success.
Indicement MT4 Settings Explained – Complete Configuration Guide
Indicement MT4 is a multi-index automated trading Expert Advisor (EA) developed for MetaTrader 4 traders who want diversified index trading with advanced money management and Prop Firm protection features.
The EA supports major indices such as US500, US30, and NAS100, while offering built-in NFP filters, risk-based lot sizing, trade randomization, trading-hour filters and multiple strategy engines. Indicement MT4 is ideal for traders seeking automated index trading with strong flexibility and account protection tools.
Indicement MT4 Settings
Indicement MT4 Full Settings Explanation
Below are the details of the parameters in the advisor’s trading system settings table:
Indicement MT4 Settings Panel
Indicement MT4 Setting Panel
NFP Filter Settings
🔹 EnableNFP_Filter = true: Enables Non-Farm Payroll news protection filter.
🔹 AutoGMT = true: Automatically detects broker GMT offset.
🔹 GMT_OFFSET_Winter (AutoGMT=false or backtesting) = 2: Winter GMT offset manually set to 2.
🔹 MT_OFFSET_Summer (AutoGMT=false or backtesting) = 3: Summer GMT offset manually set to 3.
🔹 NFP_CloseOpenTrades = true: Closes all active trades during NFP news events.
🔹 NFP_ClosePendingOrders = true: Removes pending orders before NFP releases.
🔹 NFP_MinutesBefore = 140: Stops trading 140 minutes before NFP news.
🔹 NFP_MinutesAfter = 110: Resumes trading 110 minutes after NFP news.
Prop Firm Unique Trades Settings
🔹 AdjustEntry = 0.0: No additional entry price adjustment applied.
🔹 AdjustSL = 0.0: No stop loss adjustment applied.
🔹 AdjustTP = 0.0: No take profit adjustment applied.
🔹 AdjustTrailSL = 0.0: No trailing stop loss adjustment applied.
🔹 AdjustTrailTP = 0.0: No trailing take profit adjustment applied.
🔹 AdjustBreakEven = 0.0: No break-even adjustment applied.
Lot Size Settings
🔹 manually set balance to use (if > 0) = 0.0: Manual balance override disabled.
🔹 Lotsize calculation method = use Max Risk Per Strategy: Lot sizing uses strategy-based risk calculation.
🔹 Max Risk per Strategy = 3.0: Maximum risk allocation per strategy is 3.0.
🔹 LotsizeStep = 500: Lot size scaling step based on account balance is 500.
🔹 manual lotsize = 0.01: Fixed manual lot size set to 0.01.
🔹 Set Max DAILY Drawdown (Prop Firms) = 0.0: Daily drawdown limit disabled.
🔹 Use Equity Instead of Balance = false: Uses account balance instead of equity for calculations.
🔹 OnlyUp = false: Lot size can increase or decrease dynamically.
🔹 check for free margin before setting trades = true: EA checks free margin before opening trades.
Trading Hours Settings
🔹 Enable_Trading hours filter = false: Trading hour filter disabled.
🔹 Time source = Broker: Uses broker server time.
🔹 starttime (!! use HH:MM !!) = 00:00: Trading session starts at 00:00.
🔹 stoptime (!! use HH:MM !!) = 24:00: Trading session ends at 24:00.
Information Panel Settings
🔹 ShowInfoPanel = true: Displays information panel on chart.
🔹 Adjustment for Infopanel size = 1.0: Info panel scaling factor set to 1.0.
🔹 update infopanel during testing = false: Info panel updates disabled during backtesting.
General Trading Settings
🔹 Enable_BuyTrades = true: Enables buy trading operations.
🔹 Enable_SellTrades = true: Enables sell trading operations.
🔹 Friday stop hour (brokertime; close all trades) = 25: Friday trading stop hour set to 25.
🔹 setSL_TP_After_Entry = false: Stop loss and take profit not modified after entry.
🔹 Use Virtual Expiration = false: Virtual order expiration disabled.
🔹 BaseMagicnumber = 4000: Base magic number identifier set to 4000.
🔹 Comment for trades = Indicement: Trade comment label set to Indicement.
🔹 RemoveCommentSuffix = false: Trade comment suffix remains enabled.
US500 Settings
🔹 RunUS500 = true: Enables US500 trading module.
🔹 US500_Symbol = US500: Symbol used for S&P 500 index trading.
🔹 US500_STRAT1 = true: Enables Strategy 1 for US500.
🔹 US500_STRAT2 = true: Enables Strategy 2 for US500.
🔹 US500_STRAT3 = true: Enables Strategy 3 for US500.
🔹 US500_STRAT4 = true: Enables Strategy 4 for US500.
🔹 value in $ of 1 unit move (0=auto) = 0.0: Auto-calculates pip/unit value.
🔹 US500_MaxSpread = 0.0: No spread limitation configured for US500.
🔹 US500_Randomization = 0.0: No randomization applied to US500 trades.
US30 Settings
🔹 RunUS30 = true: Enables US30 trading module.
🔹 US30_Symbol = US30: Symbol used for Dow Jones index trading.
🔹 US30_STRAT1 = true: Enables Strategy 1 for US30.
🔹 US30_STRAT2 = true: Enables Strategy 2 for US30.
🔹 US30_STRAT3 = true: Enables Strategy 3 for US30.
🔹 value in $ of 1 unit move (0=auto) = 0.0: Auto-calculates pip/unit value for US30.
🔹 US30_MaxSpread = 0.0: No spread limitation configured for US30.
🔹 US30_Randomization = 0.0: No randomization applied to US30 trades.
NAS100 Settings
🔹 RunNAS100 = true: Enables NAS100 trading module.
🔹 NAS100_Symbol = USTEC: Symbol used for NASDAQ 100 trading.
🔹 NAS100_STRAT1 = true: Enables Strategy 1 for NAS100.
🔹 NAS100_STRAT2 = true: Enables Strategy 2 for NAS100.
🔹 NAS100_STRAT3 = true: Enables Strategy 3 for NAS100.
🔹 NAS100_STRAT4 = true: Enables Strategy 4 for NAS100.
🔹 value in $ of 1 unit move (0=auto) = 0.0: Auto-calculates pip/unit value for NAS100.
🔹 NAS100_MaxSpread = 0.0: No spread limitation configured for NAS100.
🔹 NAS100_Randomization = 0.0: No randomization applied to NAS100 trades.
Conclusion
Indicement MT4 is a powerful multi-index Expert Advisor (EA) designed for traders who want automated trading across US500, US30 and NAS100 markets.
The EA combines advanced NFP protection, prop firm risk management, dynamic lot sizing, and multiple trading strategies into a highly configurable trading system.
With support for automated index diversification and account protection, Indicement MT4 is suitable for both retail traders and prop firm traders seeking professional MT4 automation.
FAQs
❓ What is Indicement MT4?
Indicement MT4 is an automated multi-index Expert Advisor for MetaTrader 4 designed for US500, US30, and NAS100 trading.
❓ Does Indicement MT4 support prop firm trading?
Yes, the EA includes prop firm-friendly risk controls and drawdown management features.
❓ Can Indicement MT4 filter NFP news events?
Yes, the EA includes a built-in NFP filter that can close trades and stop trading during major news events.
❓ Which indices can Indicement MT4 trade?
Indicement MT4 supports US500, US30, and NAS100 index trading.
❓ Does Indicement MT4 support automatic lot sizing?
Yes, the EA includes dynamic lot sizing based on strategy risk management settings.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What is Indicement MT4 and how does it work?
Indicement MT4 is a professional Expert Advisor (EA) designed for trading indices such as US500, US30, and NAS100 on the MT4 platform. It applies a breakout trading strategy refined over 15 years, using support and resistance levels to identify profitable entry points. The EA executes multiple trades simultaneously to diversify risk and enhance stability.
❓ What trading strategy does Indicement MT4 use?
The EA operates on a breakout-based algorithm, detecting key support and resistance zones and placing trades when price momentum breaks these levels. It combines multiple in-house strategies and uses advanced money management tools such as Stop Loss, Take Profit, and Trailing Stops to control risk and maximize consistent growth.
❓ Is Indicement MT4 suitable for beginners or only professionals?
Indicement MT4 is beginner-friendly yet professional-grade. With pre-configured files, users can install and run it easily without modifying settings. However, its structure and performance are designed to meet prop firm and institutional standards, making it ideal for both new traders and experienced professionals.
❓ Which trading instruments does Indicement MT4 support?
Indicement MT4 is fully optimized for major stock indices, including US500 (S&P 500), US30 (Dow Jones), and NAS100 (Nasdaq 100). These markets are chosen for their liquidity, volatility, and predictable behavior under technical trading strategies.
❓ What kind of performance has Indicement MT4 achieved in backtests?
Indicement MT4 has shown outstanding long-term profitability:
On US30 (2022–2024): $5,000 grew to $1.84 million, with a 71.27% win rate and only 6.15% drawdown.
On NAS100 (2018–2024): $100 grew to $3,214.98, maintaining a 78.37% win rate and minimal 0.07% drawdown.
These results demonstrate remarkable consistency and strong capital protection.
❓ Does Indicement MT4 use risky strategies like Martingale or Grid?
No — Indicement MT4 strictly avoids Martingale, Grid, or Averaging systems. It focuses on capital preservation using Stop Loss, Take Profit, and dynamic trailing protection to ensure controlled drawdowns and stable performance under all market conditions.
❓ What is the minimum deposit required to run Indicement MT4?
The recommended minimum deposit is $150, though higher balances (such as $500 or more) are advised for smoother trade management and better position sizing. The EA is optimized to scale safely across various account sizes.
❓ Can Indicement MT4 be used for Prop Firm Challenges (like FTMO or MFF)?
Yes — Indicement MT4 is prop firm compatible. Its low drawdown, strong risk control, and steady profitability make it suitable for meeting strict prop firm rules. Many traders use it successfully for challenges such as FTMO, MFF, and The Funded Trader.
❓ How does Indicement MT4 manage risk?
The EA incorporates multiple built-in risk control mechanisms, including:
Stop Loss and Take Profit for every trade.
Trailing Stop and Trailing Take Profit to secure gains.
Multiple strategy diversification to avoid overexposure.
This ensures consistent growth and safety even during volatile index movements.
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