Many traders still cling to MT4, but Index Scalper Pro MT5 exploits several MT5-exclusive features:
| Feature | MT4 | MT5 | |---------|-----|-----| | Timeframes | 9 | 21 (including tick charts) | | Depth of Market (DOM) | No | Yes | | Order Types | Limited | All (Buy Stop Limit, Sell Stop Limit) | | Backtesting | Single-threaded | Multi-threaded (faster & more accurate) | | Hedging | Requires workaround | Native |
The DOM feature in MT5 is crucial for index scalping. It shows pending orders from other traders, allowing the EA to predict minor reversals before they appear on the chart. Index Scalper Pro Mt5
Final Rating: 4.6 / 5
Index Scalper Pro MT5 is a robust, well-documented Expert Advisor that delivers on its core promise: automated index scalping with controlled risk. It is not a "get rich quick" scheme—it's a precision tool that requires a good broker, a fast VPS, and realistic expectations (5–10% monthly returns in optimal conditions). Many traders still cling to MT4, but Index
You’ll receive an .ex5 file (the compiled EA) and a .set file (optimized settings). Do not rename the files.
You can set a maximum number of trades per day (e.g., 20) or a profit target (e.g., $200). Once reached, the EA stops trading until the next day. Final Rating: 4
Installation is straightforward but requires attention to detail.