Stay sign direct hyperlink : myfxbook.com/members/golduxesystem/indexlord/10680091
Begin Steadiness: €5,000
Begin Date: Dec 4th 2023
Present Steadiness (14th Feb 2024): €19,219
IndexLORD is an index scalper utilizing main indices. This majors run with good liquidity all day and low spreads and circumstances. The system is a frequent dealer with over 5 trades per day on common, extra on risky days and fewer on slower buying and selling days. So, it’s an thrilling to watch and watch with loads of buying and selling motion happening in the course of the European and US classes solely. The system trades solely between the hours of 8am EST to 5pm EST. All trades are closed off earlier than the tip of the US session if any are ongoing. Its doesn’t commerce asia session.
IndexLORD exhibits unimaginable backtesting agility and is congruent with ahead stay buying and selling, demonstrating excellent long run promise.
IndexLORD works on 5 completely different charts. NASDAQ X 2 and DOW X 2, SP500 X 1. Timeframes range from the 1 min chart to the 5 min chart. Every commerce is protected by 30-60 factors cease loss. The system makes use of a trailing cease operate activated from 5 factors achieve onwards. The settings has a rise lot issue ought to consumer want to enhance after loss, nevertheless it may be disabled. (i.e every commerce will likely be identical dimension as prior one)
IndexLORD can have a number of trades open in identical, particularly nearer to the market open as costs are rampant, and may set off a commerce on the 1min & 5 minat identical time. The norm is 1 or 2 most open at one time, nevertheless it’s technically doable to have 5 trades open in a single time. (i.e 1 commerce from every chart)
IndexLORD makes use of candles because the mainstay indicator for entry. Indices are fairly depending on momentum and techniques operate properly when they’re monitoring excessive quantity, momentum strikes. The system has predetermined candle sizes for entry and as soon as this situation has been, (together with different inner pushed mechanisms) a commerce will open, the cease loss and take revenue are positioned immediately. Using cease loss is especially important in buying and selling indices as they will transfer fiercely in opposition to your commerce in a brief interval, leaving the dealer extremely uncovered with out cease safety. Thus, though to not everybody’s style, its essential for buying and selling longevity to function like this.
Utilizing value motion mechanisms for buying and selling supply the dealer fully completely different perspective over normal indicator based mostly buying and selling. With out market motion or thrusts, the system will likely be idle, guaranteeing a excessive win charge and never taking poor buying and selling entries. The logic is sound for long run success.
IndexLORD works finest in ECN pushed feeds, and direct market entry brokers with low spreads in all indices and low slippage environments. Most of the time, brokers are unpolished within the artwork of CFD buying and selling, and the costs are usually laggy, off quote, value smoothing or poor unfold. Nonetheless with the proper dealer, the system is explosive.
Works on Prop accounts with brokers providing good circumstances on Index Buying and selling.
Technique Abstract:
Buying and selling Instrument: NASDAQ100/ US30 (DOW) /SP500
Minimal deposit : $100 in case your dealer supply 0.1 buying and selling index heaps (most do)
Timeframe: 1 min, 5 min
Dealer Providing : Any respectable dealer with good circumstances in Indices (afterprime/fusion/IC/GMG/admiral/pepperstone/tickmill)
Account sort: Low Unfold with Fee. (RAW/RAZOR/ECN)
IMPORTANT: Make sure that to examine unfold earlier than utilizing every pair, goal NasDAQ is <1.0, DOW30 < 2.0
Account sort: Hedging solely (doable to have lengthy /brief identical time in a single instrument)
TradingSpecifications:
Trades >5 time every day common
Entry – Open of latest bar on 1 min/5min candle
Exit – By Cease loss, or trailing cease loss.
Each commerce has a 30-60 level cease on regular units.
Orders are cancelled or closed at 9pm UK time every day.
No every day rollover or in a single day trades.
VPS not important however advisable
Straightforward setup with solely modifications to a lot / GMT clock if essential. (and doable modifications if dealer makes use of non 6 digit quote)
Discover backtests and any essential set recordsdata in feedback and screenshots
Please use setfiles offered in feedback for MT4 backtesting and MT5 backtesting. 3 yr Backtests are there additionally.
MT5 will produce longer vary exams as extra information is out there on dealer information server.
