
Index Scalper PRO is an MT4 expert advisor that scalps the Dow Jones index (US30) on the M15 chart, trading price moves back toward an average level. It suits accounts with low raw spreads and should be tested on a demo account first.
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Index Scalper PRO is an automated scalping system for MetaTrader 4. It is built for a single market, the Dow Jones Industrial Average index (usually listed as US30), and trades short-term moves on the M15 chart.
The strategy is based on the idea that price tends to drift back toward an average level after it stretches away from it. The expert watches the index for such moves, takes into account nearby support and resistance zones, and opens short-term positions when it judges a return toward the average to be likely. Positions are held for a short time rather than for days. Because this is a rules-based approach, it can work well in some market conditions and poorly in others, particularly during strong one-directional trends or news-driven spikes.
The product also offers a range of auxiliary functions for managing trades. Exact names and defaults can differ between builds, so read the input list in the expert properties window after you attach it.
Scalping on an index is sensitive to spread, slippage and execution speed. The developer suggests the following conditions. Treat them as guidance and confirm them with your broker.
| Item | Suggestion |
|---|---|
| Account type | Raw spread (ECN or PRO) |
| Leverage | 1:100 or higher |
| Deposit | Around 500 USD if the minimum lot is 0.1; check your broker |
| Hosting | VPS for continuous running |
Inputs usually cover lot size or risk handling, trading hours, spread limits and trade management options. I have no verified list of default values, so open the inputs tab after attaching the expert and read each field before going live. Start with the smallest lot size your broker allows, and change one setting at a time when testing.
Trading carries risk, and you can lose some or all of your deposit. Back-tested or displayed results do not predict future ones. Test on a demo account first and only trade with money you can afford to lose.
Before trading real funds, run the expert on a demo account with your broker for several days and compare spreads and executions with what you expect.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (MT4) |
| Strategy focus | Scalping, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Market | Dow Jones index, shown as US30 at most brokers |
| Timeframe | M15 |
| Trade style | Scalping, mean reversion around support and resistance |
| Account type | Raw spread (ECN or PRO) account with low spread on the index |
| Leverage | 1:100 or higher suggested by the developer |
| Other requirements | VPS suggested for continuous operation; check broker minimum lot and deposit |
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This listing is for MetaTrader 4 and runs only on MT4. An MT5 build is a separate product and will not load in MT4. Check that your broker offers MT4 before buying.
The expert is designed for the Dow Jones index, which brokers often name US30, on the M15 chart. Symbol names differ between brokers, so confirm the exact name in your Market Watch window and whether the contract specifications suit the expert.
The developer suggests a raw-spread account (ECN or PRO), leverage of 1:100 or more, and a deposit of around 500 USD where the broker allows a 0.1 minimum lot. These figures are a starting point only. Check your own broker's index contract size, margin and spread before trading.
Yes. Run it on a demo account with your broker for at least several days to see how it behaves with that broker's spreads, execution and server time. Trading carries risk, and past results do not predict future ones.
Copy the expert file into the Experts folder via File, Open Data Folder, MQL4, Experts in MT4. Restart the terminal, open a US30 M15 chart, drag the expert onto it and allow automated trading. The installation section of this page lists the steps.
A VPS is suggested because the expert needs the terminal running without interruption and a stable connection. It is not technically required, but a computer that sleeps or loses its connection can miss signals or leave trades unmanaged.
Index Scalper PRO MT4
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