What's included

  • Installation guideStep-by-step PDF with screenshots
  • Optimised presetsReady-to-use configuration files
  • Future updatesIncluded free when we receive them
  • Email supportHelp with setup and technical issues
7-day money-back guarantee. If the EA fails to attach to your chart because of errors we can replicate, you get a full refund. Trading results are not covered.
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What our customers say

Selected Trustpilot feedback about CheaperForex support, setup and service.

Since 2019 in business 28,000+ customers served

Scalpidot M5 EA MT4 V2.0

Scalpidot is an advanced algorithmic trading robot designed for efficient scalping in the Forex market, specializing in GBPUSD and XAUUSD.

It’s easy to setup and is an effective and profitable scalper.

The Download Package Includes:
+ Expert: Scalpidot M5 EA (.ex4 file) V2.0
+ How to Install files.pdf
+ Pairs and Timeframes.txt

More Information:
+ https://www.mql5.com/en/market/product/120665

Live Signal Performance:
+ None known

Original price was: $185.00.Current price is: $59.95.

 
Card price. Apple Pay and Google Pay accepted.
Pay with crypto and it is  20% off at checkout
  • Instant download from your account the moment checkout completes. The files stay in your customer portal.
  • Official version, with future updates included free when we receive them. You never pay twice for the same product.
  • 7-day money-back guarantee if it fails to install or run. Setup help by email whenever you need it.
Orders over $300 include 3 months of PrismAlgo EA MT5, free Our cloud-connected EA for 28 FX pairs, Gold and Bitcoin. Added to your cart automatically. PrismAlgo.com
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Need Help? Message us on Telegram, or contact us

What's included

  • Installation guideStep-by-step PDF with screenshots
  • Optimised presetsReady-to-use configuration files
  • Future updatesIncluded free when we receive them
  • Email supportHelp with setup and technical issues
7-day money-back guarantee. If the EA fails to attach to your chart because of errors we can replicate, you get a full refund. Trading results are not covered.

Scalpidot M5 EA for MT4

Scalpidot is an advanced algorithmic trading robot designed for efficient scalping in the Forex market, specializing in GBPUSD and XAUUSD. With cutting-edge technology and unique algorithms, Scalpidot ensures automated trading with high speed and accuracy, enabling users to maximize profits from even small market movements.

Scalpidot M5 EA Backtest 2020 to 2024 with a 2.44 Profit Factor
Scalpidot M5 EA Backtest 2020 to 2024 with a 2.44 Profit Factor

Key Features of Scalpidot M5 EA:

  • High Speed and Accuracy: Utilizing advanced algorithms, Scalpidot quickly analyzes market data and makes instant trading decisions.
  • Full Automation: The EA fully automates the trading process, eliminating human errors and operating around the clock without manual intervention.
  • Flexible Settings: Scalpidot allows users to customize its parameters, including the initial lot size, the number of open orders, trailing stop, and more.
  • Safety and Risk Management: Built-in risk management features such as global stop-loss levels and spread control ensure safe trading and capital protection.

Trading Recommendations:

  • Currency Pair: GBPUSD and XAUUSD (GOLD).
  • Timeframe: M5.
  • Minimum Balance: $1,000.
  • Leverage: From 1:50.
  • Platform: MetaTrader4 (MT4).
Scalpidot M5 EA Backtest on the GBPUSD pair
Scalpidot M5 EA Backtest on the GBPUSD pair

Key Algorithms Behind Scalpidot:

  1. Price Dynamics Analysis: Scalpidot continuously collects real-time tick data and compares price movements to determine market direction, enabling timely trade entries.
  2. Trend Identification: The robot employs multiple technical indicators such as RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and Stochastic Oscillator to detect trends and signal optimal buy/sell moments.
  3. Order Management: Scalpidot manages multiple orders simultaneously, optimizing lot sizes based on account balance and risk levels. Trailing stops automatically adjust as the price moves in favor of the trade, securing profits while minimizing risk.

Advanced Parameters:

  • initialLotSize: Sets the initial lot size for the first trade.
  • maxOrders: Limits the number of open positions to reduce risk.
  • trailingStop: Adjusts the stop-loss level as the trade moves in a profitable direction.
  • globalStopLoss: Sets a fixed stop-loss level for each trade, ensuring maximum loss control.
  • magicNumber: A unique identifier for Scalpidot’s orders, preventing conflicts with other strategies or manual trades.

Backtest Performance Results:

Scalpidot underwent rigorous testing over a four-year period (2020–2024) on the GBPUSD pair. The backtest demonstrated strong results, including:

  • Profit Factor: 2.44, indicating that the EA generated more than twice the profit relative to its losses.
  • Drawdown: A low drawdown of 6.83%, indicating strong risk management and stability even during market fluctuations.
  • Total Net Profit: $3,152,801.74 with an initial deposit of $1,000.
  • Winning Trades: The EA achieved a 52.16% win rate on its trades, with 14,904 out of 28,576 total trades resulting in a profit.
  • Maximum Consecutive Wins: 16 consecutive winning trades, contributing to significant account growth.

The detailed performance graphs showcase Scalpidot’s consistent profit growth and its ability to withstand challenging market conditions while maintaining profitability.

Conclusion:

Scalpidot is a comprehensive and powerful tool for scalping in the Forex market. Its robust algorithms, flexibility, and sophisticated risk management systems make it ideal for both novice and experienced traders. Whether used on a PC or VPS for 24/7 trading, Scalpidot is a reliable partner for automated trading in the fast-paced Forex market.

Pre-Purchase FAQs

Are updates always free?

Yes, all updates are completely free—you'll never pay twice.

We receive updates from developers and upload them to your account when they're available. Please be patient, as we're managing hundreds of products at discounted prices. More popular products are updated more frequently.

All versions are stored in your account for easy access.

What's your refund policy?

We offer a 7-day technical guarantee. If the EA fails to attach to your chart due to verified errors we can replicate, we'll issue a full refund.

However, we cannot refund based on trading performance or profit expectations—forex markets are unpredictable, and results vary by broker, spread, and market conditions. We provide tools, not guarantees.

I need assistance installing this?

Yes, we'd be happy to assist you!

We can advise you on the best settings for your account or create custom presets tailored to your needs. Additionally, we offer a one-time free installation service using AnyDesk for remote setup.

Please note, however, that we cannot provide advice on how to make money with any of our products.

Can I use this on multiple accounts?

Absolutely. Once you purchase, the EA is yours to use on unlimited live and demo accounts—no restrictions.

You can run it on multiple brokers, VPS servers, or trading accounts simultaneously.

There are no license limits or activation keys. Buy once, use everywhere.

How do I download after payment?

After successful payment, your product will be available for download instantly:

  • Displayed on the screen immediately after checkout
  • Emailed to the address you provided during purchase
  • Stored in your account if you created one at checkout

In rare cases (about 1% of high-value premium products), orders may be held for manual review to prevent fraud. If you don't see a download link, contact us for assistance.

Is this an original product?

Yes, absolutely.

We do not sell fake products, and our customer reviews, along with our pricing, reflect the quality and authenticity of what we offer.

Why Traders Trust Us

Excellent on Trustpilot
4.5★ from real customers
In Business Since 2019
28,000+ customers served
Instant Access
No group buys or waiting
7-Day Refund Policy
For product errors
Remote Installation
We can install for you
Flexible Payments
Cards, Apple Pay, Crypto

Reviewed by Our Trader

Picture of Peter Jones

Peter Jones

Peter Jones is a full-time trader, forex software developer, and founder of CheaperForex.com. With over 10 years of experience in algorithmic trading, he helps traders gain an edge using reliable EAs and strict risk control.
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