Introduction
The Index Scalper PRO MT5 is a scalping trading system designed to exploit the average market price movements of the most liquid indices: Dow Jones (US30), DAX (DE30, DE40), and USTEC (US100, US Tech). With over two years of optimization, this expert advisor promises to deliver consistent results in both backtesting and live trading environments. But does it live up to the hype? Let's dive in.Description of Features
The Index Scalper PRO MT5 operates on the principle of moving to the average market price. It includes a range of auxiliary functions such as:- Real tick data testing with 100% quality.
- Compatibility with low spread brokers.
- Special settings for FTMO accounts and PROP FIRM terms.
- Continuous improvements and updates based on user feedback.
Performance Analysis
User reviews paint a mixed picture. Ahong finds the backtest promising, while InLogger criticizes the robot for its poor live trading performance, noting that negative trades outweigh the positives. Imanyu, on the other hand, reports a 95% winning rate in backtests and satisfactory demo account results. The overall rating of 4.63 suggests that while the robot has potential, its real-world performance may not always align with backtest results.Pros and Cons
Pros:- Optimized for real tick data.
- Wide range of auxiliary functions.
- Special settings for FTMO accounts.
- Continuous updates and improvements.
Cons:
- Inconsistent live trading performance.
- High dependency on market conditions.
- Mixed user reviews.
Conclusion
The Index Scalper PRO MT5 offers a range of features and has shown promising backtest results. However, its live trading performance remains a point of contention. Traders should approach this robot with caution and manage their expectations. We encourage users to discuss their experiences on our forum and share their results.Source Code of Index Scalper PRO MT5
We do not have access to the original source code of the Index Scalper PRO MT5 sold on MQL5. However, we have created a sample code based on its description available on the MQL5 website. If you have any questions about the code, feel free to ask. Note that the EASY Trading Team does not sell the Index Scalper PRO MT5; we only provide a sample code based on its description.
Code:
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