The Index Scalper PRO MT5 is a specialized trading robot (Expert Advisor) primarily designed for scalping the Dow Jones (US30) index on the M15 timeframe.
To extract the full potential, choose a broker with: Index Scalper Pro Mt5
Scalping Methodology: It focuses on short-term price movements, often aiming for small pip gains per trade. The Index Scalper PRO MT5 is a specialized
The EA lost $1,200. Then $2,800. Then $4,500. Pre-set Stop Loss (SL) and Take Profit (TP):
| Parameter | Detail | |-----------|--------| | Platform | MetaTrader 5 (Native .ex5) | | Timeframes | M1 (default), M2, M3, M5 | | Min. Deposit | $500 (recommended $1000) | | Leverage | 1:30 or higher | | Spread Limit | Configurable (e.g., <2.5 points on US30) | | Trading Hours | Adjustable session filters | | Max Spread | 2.5 pts (US30) / 1.5 pts (NAS) |
Buy this EA if:
3. Features and Settings
- Pre-set Stop Loss (SL) and Take Profit (TP): Every open position is protected by a pre-defined stop loss, removing the emotional aspect of closing losing trades.
- Trailing Stop Functionality: The EA often includes a trailing stop feature to lock in profits as the trade moves in the buyer's favor.
- News Filter: Some versions include a news filter to stop trading during high-impact news events (like NFP or CPI data), preventing slippage and unpredictable volatility.
- User-Friendly Interface: The settings are generally simplified so traders do not need complex coding knowledge to install and run the software.