Index Scalper PRO MT4 is a sophisticated Expert Advisor (EA) designed for scalping the most liquid indices like Dow Jones (US30), DAX (DE30/40), and USTEC (US100). It stands out due to its simplicity and effectiveness, focusing on daily support and resistance levels to execute trades. This EA has been optimized over two years to ensure it performs well both in backtests and real-time trading.
Key Features
Three integrated trading strategies for sustainable growth 📈
Pre-defined Take Profit (TP) and Stop Loss (SL) levels
Dynamic trailing SL to minimize risk and maximize profits
Suitable for prop firm challenges due to its low drawdown
Real-time results optimized on 100% quality ticks
Trading Strategy
Index Scalper PRO MT4 relies on a simple yet effective strategy based on daily support and resistance levels. It examines these levels on daily, four-hour, and one-hour timeframes. The EA executes trades based on these levels, ensuring a balanced approach to trading.
Setup and Requirements
Symbol: Dow Jones (US30), DAX (DE30/40), USTEC (US100)
Timeframe: M15
Minimum Balance: $500
Leverage: 1:100 or more
Fast VPS: 1-100 ms ping
Risk Management
Index Scalper PRO MT4 is equipped with a dynamic trailing SL to minimize risk and maximize profits. The EA also uses pre-defined TP and SL levels from the start of each trade. This ensures that every trade is protected, reducing the risk of significant losses.
Additional Features
Compatibility with FTMO and other prop firm accounts
Regular updates and support from the developer
Access to a private group for official buyers
Option to get additional Expert Advisors for free after purchase
Pricing and Availability
Index Scalper PRO MT4 is priced at $250, with the cost expected to increase due to its popularity. The EA is exclusively sold on MQL5, ensuring authenticity and access to updates and support.
User Reviews
With a rating of 4.4 and 31 reviews, Index Scalper PRO MT4 has garnered positive feedback from users. The EA's performance in real market conditions and its transparent approach to trading have been highlighted as key strengths.
Conclusion
Index Scalper PRO MT4 is a robust and reliable EA designed for traders looking to scalp indices. Its focus on daily support and resistance levels, combined with dynamic risk management features, makes it a valuable tool for both novice and experienced traders. 🚀
Ready to dive into the world of scalping with Index Scalper PRO MT4? This comprehensive review will take you through its features, user feedback, performance metrics, and much more. Find out if this trading system is worth your investment or just another overhyped tool. Stay tune ...