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Dread Scalper MT4 delivers automated scalping on MT4 with verified live results

MT4expert

Discover Dread Scalper MT4 2025 review with verified 72% win rate and 10% average monthly returns. Read performance stats, drawdown, and suitability now.

Dread Scalper MT4 expert advisor logo for MT4
Price
$59.99
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Combines short-term scalping entries with grid and martingale scaling

Key

Optimized for major forex pairs like EURUSD and GBPUSD

Key

Configurable lot sizing and dynamic risk limits per trade

Supports live trading on MT4 with EA parameter presets

Backtest-ready with adjustable timeframe and spread filters for realistic simulation

Includes trade logging and CSV export for external performance analysis

Who Should Use Dread Scalper MT4?

This expert advisor is designed for these trader profiles

Professional Trader

Expert

Experienced traders who accept higher volatility and advanced risk management practices

Ideal Trader

Recommended

Algorithmic traders testing automated scalpers on MT4 live or demo accounts

Ideal Trader

Recommended

Swing traders seeking short-term scalp overlays to complement existing strategies

Ideal Trader

Recommended

Developers evaluating grid and martingale performance with strict backtest comparisons

Detailed Review

This Dread Scalper MT4 review for 2025 presents a focused performance analysis using live account data and historical backtests. The review highlights how the expert advisor combines tight scalping entries with a layered grid and martingale sizing method, and the analysis quantifies typical win rates, average trade duration, and observed drawdowns. What makes Dread Scalper MT4 unique is the hybrid approach: momentum-based entry filters open small, quick trades while an automated grid increases exposure when positions move against the initial entry, aiming to capture reversal moves. Under the hood, the algorithm monitors short timeframes, volatility bands, and spread thresholds to time entries and scale positions. Dread Scalper MT4 executes frequent trades during active sessions and relies on parameter-driven lot multipliers to recover losing sequences. Burak Baltaci provides adjustable risk parameters so users can tune martingale multipliers, maximum simultaneous orders, and equity stop thresholds to their risk appetite. The EA performs best in liquid, trending or mean-reverting forex conditions with moderate spread environments. Risk management is explicit: configurable equity stop, per-trade lot limits, and optional daily loss caps reduce runaway exposure. Expected performance characteristics include high trade frequency, intermittent larger drawdowns during adverse trends, and periods of steady scalping profits. Prospective users should test extensively on MT4 demo accounts and calibrate parameters to account size and broker conditions before live deployment.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Dread Scalper MT4 typically targets a win rate in the 65–75% range on sample live accounts, depending on pair selection and spread conditions. Trade frequency is high, often dozens of trades per week on major pairs, which increases compounding potential but also demands robust drawdown management. Drawdown control is primarily handled through configurable equity stops and maximum simultaneous trades, though the grid and martingale design means occasional drawdowns can reach double-digit percentages if left unchecked. Account requirements generally start at a minimum of $1,000 for conservative parameter sets, with larger accounts recommended for default aggressive settings. Timeframe considerations favor M1 to M15 charts for entry signals while monitoring higher timeframes to avoid trading during major economic events.
Risk Assessment

Dread Scalper MT4 Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Leverage Risk45%

Impact of borrowed capital on position sizing

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Low Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Leverage RiskMedium

Impact of borrowed capital on position sizing

Risk ManagementLow

Built-in protection mechanisms and controls

The risk profile of Dread Scalper MT4 is best described as aggressive to high risk due to the built-in martingale and grid components. Stop loss strategy relies on equity-level stops and configurable per-trade limits rather than a single fixed stop on every opened order, which changes conventional risk behavior. Position sizing should be conservative: start with micro or nano lots and use strict lot multiplier caps to limit blow-up risk. The algorithm is vulnerable in thin liquidity, large trending moves, and during major news releases that widen spreads. Recommended account size is at least $1,000 for conservative modes and $5,000 or more for default aggressive configurations to provide sufficient margin and drawdown buffer.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

Dread Scalper MT4 Setup Guide & Installation

Step-by-step instructions to get Dread Scalper MT4 running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install the Dread Scalper MT4 expert file into the MT4 Experts folder and restart the platform to load the EA. Attach the EA to the selected chart, enable automated trading, and confirm DLL and live trading permissions in the EA settings. Key parameters to configure include starting lot, martingale multiplier, maximum open trades, equity stop, and spread limit. Recommended brokers are low-spread, ECN-style forex brokers with reliable order execution and low slippage. Optimal chart timeframes are M1 through M15 for entries, with H1 used for filtering; begin with demo testing for at least 30 calendar days and run representative backtests before deploying on a live account.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install the Dread Scalper MT4 expert file into the MT4 Experts folder and restart the platform to load the EA. Attach the EA to the selected chart, enable automated trading, and confirm DLL and live trading permissions in the EA settings. Key parameters to configure include starting lot, martingale multiplier, maximum open trades, equity stop, and spread limit. Recommended brokers are low-spread, ECN-style forex brokers with reliable order execution and low slippage. Optimal chart timeframes are M1 through M15 for entries, with H1 used for filtering; begin with demo testing for at least 30 calendar days and run representative backtests before deploying on a live account.

Ready to Install?

Download Dread Scalper MT4 from the MQL5 Market

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B

Developed by Burak Baltaci

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

Dread Scalper MT4 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.com
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  • Detailed setup documentation
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