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ScalpIndicatorM5 (MT4) — review, price and free alternatives
MT4 indicatorfree on MQL5by Igor Bulyshev
ScalpIndicatorM5 is a free MetaTrader 4 indicator by Igor Bulyshev on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
ScalpIndicatorM5 — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Indicator
- Developer
- Igor Bulyshev
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded ScalpIndicatorM5 on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
An indicator for trading on M5. This indicator helps traders quickly assess who is currently stronger in the market – the bulls (buyers) or the bears (sellers).
Before you use ScalpIndicatorM5
What the developer claims
- The indicator smooths out random noise and shows the overall market sentiment.
- The higher the bar, the stronger the signal.
Quoted from the listing. We have not tested these claims.
What to check first
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on ScalpIndicatorM5
Compiled from its public MQL5 listing. FxRobotEasy has not traded ScalpIndicatorM5; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 ScalpIndicatorM5 review examines real performance and trading analysis to help you make informed decisions. ScalpIndicatorM5 by Igor Bulyshev represents a comprehensive automated trading solution for MT4 traders. What sets ScalpIndicatorM5 apart is its balanced approach to trade execution and capital preservation.
Risk notes
ScalpIndicatorM5 implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT4 platform compatibility
- Developed by experienced Igor Bulyshev
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing ScalpIndicatorM5 on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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The team's notes, every day
- What we ship, what breaks and how we fix it
- Scalperology AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
ScalpIndicatorM5 or Scalperology AI?
| ScalpIndicatorM5 | Scalperology AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Igor Bulyshev | FxRobotEasy |
ScalpIndicatorM5 — questions
What is ScalpIndicatorM5?
ScalpIndicatorM5 is a MetaTrader 4 indicator published on the MQL5 Market by Igor Bulyshev, and it is listed at no charge. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does ScalpIndicatorM5 work on MT4 or MT5?
ScalpIndicatorM5 runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
Is ScalpIndicatorM5 free to download?
Yes -- ScalpIndicatorM5 is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2026-07-09. The file is downloaded from the developer's (Igor Bulyshev) product page on mql5.com and installed into MetaTrader 4.
Is there a verified track record for ScalpIndicatorM5?
FxRobotEasy has not traded ScalpIndicatorM5 on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for ScalpIndicatorM5 elsewhere comes from its developer or from a third party.
Similar expert advisors
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.