Index Runner: Automated MT5 Mean-Reversion Trading for NAS100 and US500 with Verified Results

This Index Runner review from 2026 examines historical backtests and available live results to present a balanced performance analysis of a mean-reversion Expert Advisor for MT5. Surge FX Ltd designed Index Runner specifically for US equity indices with a primary focus on NAS100 and US500, and this review evaluates how the system responds to intraday momentum exhaustion, structural trend filtering, and time-based exits. The objective here is to quantify expected returns, trade frequency, and drawdown characteristics while noting developer transparency and configuration options. What makes Index Runner unique is its combination of daily momentum exhaustion signals with multi-timeframe trend filters. The algorithm monitors M15 to D1 charts to capture short-term reversion opportunities while rejecting trades when higher-timeframe trends are unfavorable. Index Runner is not a scalper and does not use martingale; instead it applies fixed fractional sizing and predefined stop/time exits to maintain statistical control. Surge FX Ltd provides parameter sets for conservative, balanced, and aggressive profiles, and the EA includes features to limit trades by session and maximum concurrent positions. In practice, Index Runner tends to perform best in range-bound or mean-reverting intraday sessions and can underperform during extended trending moves or major macro shocks. Users should expect moderate monthly volatility with measurable drawdowns tied to market regime shifts. The product is priced at $999, has a 4.5/5 rating from 100 reviews, and requires careful broker selection on MT5 for spreads and execution. Overall, Index Runner offers a transparent, rules-based approach suitable for disciplined traders seeking a systematic index strategy.