Black Chameleon Scalper: MT4 scalper delivering frequent short-duration opportunities and verified results
Discover Black Chameleon Scalper 2026 review with 76% win rate, real account performance and drawdown data to inform your automated trading choices now.

Trading Strategy
Core approach and methodology
Key Features
Powerful capabilities designed for professional trading
Dynamic price-reaction model adapts to current market behavior in real time
Focuses on short-term price efficiency and momentum shifts for entries
Captures rapid, short-duration opportunities with frequent trade frequency
Adaptive position sizing and per-trade stop controls for risk management
Optimized for MT4 integration with lightweight indicator footprint
Customizable sensitivity and timeframe settings to match asset and style
Who Should Use Black Chameleon Scalper?
This expert advisor is designed for these trader profiles
Ideal Trader
RecommendedActive scalpers seeking automated short-duration trades on MT4 with high frequency
Ideal Trader
RecommendedTraders wanting objective performance analysis and data-driven entry signals on short-term moves
Ideal Trader
RecommendedDevelopers testing algorithmic ideas with adjustable sensitivity and fixed stops
Ideal Trader
RecommendedAccount managers requiring frequent low-duration trades for portfolio diversification strategies
Detailed Review
Black Chameleon Scalper Review 2026 examines live and backtested results and offers a practical performance analysis for traders on MT4. This review presents measured metrics and objective analysis rather than marketing claims, and highlights how the indicator behaves under different intraday regimes. Black Chameleon Scalper is built around a dynamic price-reaction model that continuously adapts to market behavior, focusing on short-term price efficiency, momentum shifts, and rapid changes in market pressure. What makes Black Chameleon Scalper unique is its refusal to force markets into fixed states. Instead the algorithm measures localized efficiency and immediate momentum to trigger quick entries and exits, typically on M1 to M15 charts. Pedro Potter designed the code to prioritize short-duration opportunities, using high-frequency signal validation and configurable sensitivity to reduce false positives. The indicator works best in liquid FX pairs and major indices during regular trading hours, where spread and slippage are minimized. Risk management is straightforward: preset stop sizes, adaptive position sizing tied to account risk percentage, and an emphasis on low per-trade exposure. Expected performance characteristics are frequent trades with modest per-trade returns, cumulative edge through volume, and occasional clustered trades around volatility spikes. Black Chameleon Scalper is priced at $159 and is suited for traders seeking a disciplined, data-driven MT4 scalping tool with transparent behavior and clear parameter controls.
Performance Analysis & Real Trading Results
Comprehensive analysis of real-world trading performance and statistical metrics
Black Chameleon Scalper Risk Assessment
Comprehensive analysis of potential risks and mitigation strategies
Conservative trading strategy with capital preservation focus
Risk Factors Breakdown
Potential equity decline during losing streaks
Built-in protection mechanisms and controls
Overall Risk Level
Based on historical data and strategy analysis
Risk Factors Breakdown
Potential equity decline during losing streaks
Built-in protection mechanisms and controls
Risk Mitigation Strategies
Black Chameleon Scalper Setup Guide & Installation
Step-by-step instructions to get Black Chameleon Scalper running on your MT5 platform
Step 1
Install the Black Chameleon Scalper file into the MT4 Experts or Indicators folder and restart MT4 so the platform recognizes the new indicator. Attach the indicator to a chart and configure key parameters such as sensitivity, max trades per session, fixed stop size, and risk percentage per trade. Use ECN or low-spread brokers with reliable execution to minimize slippage. Optimal chart timeframes are M1 through M15 depending on volatility and asset class. Begin with a 30-day demo forward test after completing a 6–12 month backtest using tick or 1-minute data to validate settings before going live.
Prerequisites Checklist
Complete Installation Instructions
Ready to Install?
Download Black Chameleon Scalper from the MQL5 Market
Developed by Pedro Potter
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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Original MQL5 Product
Black Chameleon Scalper is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
View on MQL5.comGet Started with Black Chameleon Scalper
Join hundreds of traders already using Black Chameleon Scalper for automated trading success.
What You Get
- Instant download and installation
- Lifetime updates and support
- Access to live performance data
- Detailed setup documentation
- Community support and resources









