INDEX SCALPER PRO for MT4 and MT5
Scalping trading system is designed in accordance with the principle of movement to the average value of the market price
Index Scalper PRO has a built-in intelligent system for quick closing of transactions, which allows you to close orders with a profit in 98% of cases.
The robot has a built-in News Filter function that tracks news from banks and governments and suspends trading during the release of important world events or changes in interest rates.
You can adjust the importance of the news and the trading pause period before and after the news, and a separate panel and signal lines on the chart will show when the news should come out.
Use recommended brokers with low spread and fast VPS: https://t.me/INFINITY_Brokers
We optimize and add new indexes to trading. Now you can use Index Scalper PRO with recommended indexes:
DAX30 ( DE30, DE30Cash GER30), DAX40 (DE40, DE40Cash, GER40), UK100, US30
Features of the robot:
ECN or PRO account with low spread
VPN with minimal delay to the broker’s server
minimum deposit of $100 per symbol for lot 0.1
Before using, be sure to test the Expert Advisor in your broker’s tester or demo account
Description of important settings:
Magic – is the unique number of the Adviser’s orders. Be sure to change it if more than one robot is used for each symbol
Show Stat/News Panel – enabling additional information panels on the chart
TradeDirection: ANY/BUY/SELL – choosing the direction of trading
Lot Type: FIXED/AUTO – type of lot size calculation
⚠️ Important: Many brokers have a minimum lot size of 0.1 or even 1.0. Keep this in mind for calculating your risks.
We recommend using a minimum of $100 if the minimum lot size is 0.1 and $1000 if the minimum lot size is 1.0
Fixed Size – fixed (permanent)
Auto Size/ Balance Step – the lot size automatically increases depending on the size of your account balance
Balance Step – balance step to increase the lot size
For example: Your account balance is $1000. You have set Auto lot = 0.1 and Balance Step =500. Thus, Index Scalper PRO will open a deal of 0.2.
When the account balance increases to $ 1500, the size of the traded lot will automatically increase to 0.3
Max Spread – the maximum allowable spread.
If your broker has a spread higher than the specified value, the robot will not make transactions. We recommend using indexes with a spread of up to 10 (with one sign after the point 1234.5) or 100 (with two characters after the point 1234.50)
Min Pending Distance – the distance at which the order will be activated
Pending order Trailing – the distance of the trailing margin to the order activation
Activation – is the distance that the order must reach before the Offset function (analogous to Profit Trailing) is activated
Offset – offset of Profit Trailing
⚠️ Important: Some brokers can’t place the Profit Trailing level close enough to the current price, which can lead to a lack of transactions.
Trailing Step – Profit trawl step.
⚠️ Important: If your broker has a high sensitivity to high-frequency trading, you can increase the Trailing Step value to 2-3
Take Profit – fixed Take Profit
Stop Loss – fixed Stop Loss
/// News Filter settings ///
Use News Filter (true – enable the function, false – disable function)
To use the News Filter, you need to add the address of the news site to your MetaTrader settings:https://ec.forexprostools.com
Pause before/after event – pause time before and after the news
Enable medium news – activate the filter for medium-importance news. In this case, the robot can make much fewer transactions
Show news on chart – show news on the chart in the form of vertical lines according to the time of the event. (red – important news, yellow – news of medium importance)
Currency to display the news – filter news by shafts. If you use, for example, European indices, you need to set EUR,USD. Thus, Index Scalper PRO will only track news from the Eurozone and the USA.
GBP – England/ AUD- Australia/ JPY- Japan
///Trade time settings ///
Start/End Hour – The hour of the beginning of the end of the adviser’s trading.
⚠️ Important: The Auto Offset Broker time function is built into Index Scalper PRO.
All robots use the broker’s time, no matter what your local time of your PC or VPS are.
When setting this parameter, make sure that your broker’s spread has a market value in the selected time range, since most European brokers have spreads with a market value from 9:00 to 23:00.
Week Days – choosing the day of the week on which trading is allowed.
Pause trading on Xmas holiday – When this function is activated, Index Scalper PRO stops trading during the New Year holidays, when spread expansion and low volatility are possible (from December 23 to January 7)
If you still have questions, please contact us:profitcamp@mail.ru
We’ll appreciate if you leave your feedback and review on the market
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