Index Lord EA MT4 V1.0 No DLL With Setfiles Build 1420+

What is Index Lord EA?

Index Lord EA is Expert Advisor a highly effective scalping system designed for the major indices (NASDAQ/DOW/SP500), work on Meta Trader 4 platform. The EA trades only between the hours of 8am EST to 5pm EST, Expert Advisor works on 5 different charts. NASDAQ X 2 and DOW X 2, SP500 X 1. Timeframes vary from the 1 min chart to the 5 min chart. Each trade is protected by 30-60 points stop loss.

Key Takeaways:

• IndexLord EA is an index scalper that focuses on major indices, trading frequently during the European and US sessions with a high trading action.
• The system uses candles as the main indicator for entry and employs stop loss protection, essential for trading longevity in the volatile index market.
• IndexLORD works on 5 different charts, with trade protection through stop loss and a trailing stop function, providing flexibility for users to adjust lot sizes.

Index Lord EA Setting / Feature

• Used on platform: Meta Trader 4
• Pairs: NASDAQ100, US30 (DOW), SP500.
• Time frame: M1, M5.
• Minimum deposit: 100$.
• Orders are cancelled or closed at 9pm UK time daily.
• Broker Offering : Any decent broker with good conditions in Indices (afterprime/fusion/IC/GMG/admiral/pepperstone/tickmill).
• Account type: Low Spread with Commission. (RAW/RAZOR/ECN).
• Make sure to check spread before using each pair, target NasDAQ is <1.0, DOW30 < 2.0.
• Account type: Hedging only (possible to have long /short same time in one instrument).
• The system trades only between the hours of 8am EST to 5pm EST.

Index Lord EA Strategy

• Index Lord EA is an index scalper using major indices. This majors run with good liquidity all day and low spreads and conditions.
• The Expert Advisor trades only between the hours of 8am EST to 5pm EST. All trades are closed off before the end of the US session if any are ongoing. Its does not trade asia session.
• It can have multiple trades open in same, especially closer to the market open as prices are rampant, and can trigger a trade on the 1min & 5 minat same time.
• The EA has predetermined candle sizes for entry and once this condition has been, (along with other internal driven mechanisms) a trade will open, the stop loss and take profit are placed instantly.