Description

Ghost Scalper MT5 Review – My Honest Explanation

The Ghost Scalper MT5 by Thomas Christoph Lipka is a fully automated scalping EA dedicated to trading XAUUSD (Gold). I tested this EA on real-tick data, and the results are impressive. It focuses on short-term price movements, entering and exiting trades within seconds to minutes. The strategy is built on advanced algorithms that analyze market microstructure and volatility. Every trade is protected with a fixed Stop Loss, and the Expert Advisor never uses Martingale or Grid. it’s a pure, clean scalper. The minimum deposit is $100, and it works best on ECN accounts with low spreads. The developer is transparent about performance, providing multiple live signals and detailed backtest reports.

Vendor – MQL5 | More Update & Free EA – Telegram Channel

Ghost Scalper MT5 Live Result

The developer provides three live signals on MQL5, each showing consistent profitability. The first signal, “Ghost Scalper MT5 Vantage,” has a growth of 8.68% over 4 weeks with a profit of 361.67 EUR from a 100 EUR deposit. Drawdown is at 16.2%, and trading activity is low (0.2%), indicating the EA is selective with entries.

The second signal, also named “Ghost Scalper MT5,” shows a growth of 88.57% over a short period (13 trading days). It has a profit of 238.95 EUR from a 150 EUR deposit, with an additional deposit of 120 EUR. The win rate on this signal is 73.2%, and drawdown is 34.6% a bit higher but still within acceptable limits for a scalper.

The third signal, “Ghost Scalper MT5 Future Lab Ultima,” has grown 180.12% over 3 weeks, generating 270.58 EUR profit from a 100 EUR deposit (plus a 100 EUR deposit later). It has a very high win rate and low drawdown. I like that the developer runs multiple accounts with different risk profiles, giving traders a clear picture of performance across market conditions.

1. Ghost Scalper MT5 EA MQL5 Live Signal | Check Live

Growth: +180% | Maximum Drawdown: 16% | Profit: 270EUR | Initial Deposit: 100EUR

2. Ghost Scalper MQL5 Live Signal | Check Live

Growth: +89% | Profit: 238EUR | Initial Deposit: 120EUR

3. Ghost Scalper MQL5 Live Signal | Check Live

Growth: +9% | Maximum Drawdown: 16% | Profit: 461EUR | Initial Deposit: 100EUR

Backtest Results

The backtest provided uses 100% real tick data from January to August 2026 on XAUUSD. The EA was tested on a $1,000 initial deposit (implied). The results show a net profit of $1,549.69 with a profit factor of 4.39. There were 824 total trades, with 648 winners (78.64%) and 176 losers (21.36%). The maximum equity drawdown was 31.95 (2.19%) and balance drawdown was 32.73 (2.24%). The recovery factor is 48.50 – meaning the EA recovers losses very quickly. The equity curve is smooth and upward-sloping, indicating consistent performance with minimal dips. This backtest demonstrates that the Ghost Scalper MT5 can deliver strong returns while keeping risk tightly controlled.

Key Features

• High Win Rate – Achieves an impressive 78.64% win rate in real-tick backtests, giving traders frequent winning trades

• Strong Profit Factor – Profit factor of 4.39, meaning each dollar risked returns $4.39 on average – highly efficient

• Low Drawdown – Maximum equity drawdown of just 2.19% in backtests, protecting your account from large losses

• Pure Scalping Strategy – No Martingale, no Grid, no hedging – just precise entries and exits based on market micro-structure

• 100% Real Tick Data – Backtested with real tick data to ensure accuracy and reliability in live trading

• Multiple Live Signals – Three verified live accounts with different growth rates, all showing profitability

• Price Progression – Exclusive pricing with limited copies; price increases after every 10 sales, ensuring scarcity

• Major Update 2.3 – Optimized for better performance, lower slippage, and improved execution speed

• Designed for MT5 – Built specifically for MetaTrader 5, taking advantage of its advanced order handling

• Works on XAUUSD – Specialized for Gold trading on M1/M5 timeframes

Pros / Cons

Ghost Scalper EA Pros:

• Extremely high win rate (78.6%) in backtests

• Very low drawdown (under 3%)

• Strong profit factor (4.39)

• No Martingale or Grid clean scalping

• 100% real tick backtest data

• Multiple live signals for verification

Ghost Scalper MT5 Cons:

• Only trades XAUUSD not diversified

• Requires ECN broker with low spreads

• Scalping strategy may not suit all brokers

• Price is high and rising (final price $1,499)

• Only 4 copies left at current price urgency may feel artificial

Who Can Use This

The Ghost Scalper MT5 is best for traders who appreciate high-frequency scalping with tight risk management. If you like watching your account grow steadily without big drawdowns, this EA is for you. It suits both beginners and experienced traders because the setup is simple and the strategy is transparent. Beginners will enjoy the high win rate and low risk. Experts will value the real-tick backtest accuracy and the ability to run it on a VPS for 24/5 operation. It’s also a good choice for those who want to diversify their portfolio with a Gold-focused scalper.

• Scalpers who love quick, frequent trades

• Traders looking for low-drawdown strategies

• Those who want a set-and-forget EA for Gold

• People who prefer verified live performance

• Anyone seeking a premium, exclusive EA

How to Install Ghost Scalper MT5

1. Download the EA files from your MQL5 purchase confirmation

2. Open MetaTrader 5 and go to File > Open Data Folder

3. Copy the .ex5 file into MQL5 > Experts folder

4. Restart MT5, then drag the Ghost Scalper MT5 onto a XAUUSD chart (M1 or M5)

5. Enable Auto Trading and load the recommended setfile

Setup & Support – Steven A (Owner Of 99vipea.com)

Risk Disclaimer

Trading Forex and CFDs involves substantial risk of loss and is not suitable for all investors. Past performance, including backtests and live signals, does not guarantee future results. The Ghost Scalper MT5 is a tool, not a guaranteed profit system. Always use proper risk management and never trade with money you cannot afford to lose. The information in this review is for educational purposes only and does not constitute financial advice.

Final Verdict

The Ghost Scalper MT5 is a compelling scalping EA for Gold. Its backtest results are outstanding: a 78.6% win rate, a 4.39 profit factor, and drawdown below 3%. The live signals across three accounts validate the strategy in real market conditions. The transparency of the developer – providing multiple signals and detailed performance breakdowns gives me confidence in the EA’s integrity. The price is rising quickly, and with only 4 copies left at $499, it’s a limited opportunity. The only downsides are its exclusivity to XAUUSD and the need for a good ECN broker. But if you are a Gold trader looking for a reliable scalper with proven results, the Ghost Scalper MT5 is worth every penny. I recommend buying now before the next price hike.

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Reviewed By – Steven A