What is INDEXTRADER and How Does It Trade?

INDEXTRADER is a powerful Expert Advisor (EA) for MetaTrader 4, specially designed to trade the S&P 500 index. Developed by Alnotrade—the creators of the popular DragonPRO scalper and the institutional-only Euroka system—INDEXTRADER focuses on real, consistent profits using smart, stress-free trading.

How Does INDEXTRADER Work?

• One trade per day: It places a single trade at the start of the S&P 500 trading session.

• Fixed stop loss: Each trade has a strict stop loss of 4 points on the S&P 500.

• Simple and effective: No risky strategies like martingale, grid, or cost averaging here.

• Fast trades: Average trade duration is just about 2 minutes, making it easy to manage with low stress.

• Momentum-based: Trades are placed using the first 5-10 minutes of price action to capture early momentum.

• Trailing stop exit: Helps lock in profits while protecting your downside.

Real-World Results (as of December 6, 2021):

• Monthly gains: +15%

• Maximum drawdown: -8%

• Flexible risk: Scale your risk by 2x or 4x depending on your comfort level.

Where Does It Work?

• Primarily built for the S&P 500 index.

• Also compatible with other indices like NASDAQ, Hong Kong (HK), and Nikkei.

• Not intended for Forex pairs.

• Works with regulated brokers on MT4 that support index trading.

• Ideal spreads: 0.2–0.5 SP points (20-50 in broker terms).

Why Trade the S&P 500?

The S&P 500 is one of the world’s most actively traded and liquid indices. Its volatility makes it perfect for day trading with tools like INDEXTRADER.

Backtesting and Performance

• Uses high-quality Dukascopy 1-minute historical data with 90% model quality.

• Consistent results verified over long backtesting periods.

• Default settings ready for immediate use on the S&P 500 5-minute chart.

How to Use INDEXTRADER

• Run on the S&P 500, 5-minute timeframe, using every tick.

• Adjust lot sizes based on your account size and risk tolerance.

• Example:

  • 1.0 lot per $100 balance for a 4% max loss per trade

  • Scale up lot sizes for higher risk (2x or 4x) if preferred.

Want to Learn More?

Check out live trading results and detailed backtests on the official site:
www.alnotrade.com

Or view the live trading account here:
IC Markets S&P 500 Live Account

INDEXTRADER delivers a simple, reliable, and stress-free approach to trading the S&P 500 — perfect for traders who want consistent results without complicated strategies.