Ghost Scalper MT5 V5.20
Listing updated
Ghost Scalper MT5 is a gold Expert Advisor for MetaTrader 5, published by Thomas Christoph Lipka. Its linked live signal covers 70 trades in under a month, at a profit factor of 3.02 and a win rate of 68.57%. A win and a loss are close to the same size.
Two records, counted differently. The published record shows 316 trades against the 65 closed trades in the file; a profit factor of 1.72 against 3.14; and a 34.6% drawdown against 30.3% on closed trades. The figures on this page are the first of each pair — the published record, which is what the seller's own signal page reports. The second is what the trade history we hold works out to, and it is the file the charts below are drawn from. Neither is wrong: they count different things, and a signal page moves between one reading and the next.
- 70 trades on the linked live signal
- 3 weeks of recorded history
- Tracked on an account opened with 200 EUR
- Around 126 copies sold a month
Ghost Scalper MT5 signal at a glance
The three panels from the MQL5 signal page, with the figures the marketplace itself plots. Its drawdown axis is the relative drawdown by balance — the same measure this site computes from the trade history further down. The equity figure, which counts floating losses on positions still open, is a different number and is printed beside it in the specification.
growth since 2026
302%
VTMarkets-Live 61:500
Transcribed from MQL5 live signal 2387162, statistics as published on the signal page. See the signal page ↗
- Growth
- +302.1%
- €815 on €150no fixed scale
- Max drawdown
- 34.6%
- €63 · by balance0–100% below the running peak
- Profit factor
- 1.72
- gross win ÷ gross loss1.0 at the centre, 3.0 at the rim
- Win rate
- 64.6%
- 204 of 316 trades0–100% of closed trades
- Payoff ratio
- 0.95
- average win ÷ average loss0 at the centre, 3.0 at the rim
- Recovery factor
- 13.01
- net profit ÷ worst fall0 at the centre, 10× at the rim
Computed from MQL5 live signal 2387162, statistics as published on the signal page. See the source ↗
Ghost Scalper MT5 Kept Score
Four measured quarters out of 100. Every input is a figure printed elsewhere on this page, read against a band that is the same for every product on the site.
60
out of 100
from published statistics
- Evidence9.2 / 25
316 trades over 3 months
against 0 at the floor, 24 months at full, and 0 at the floor, 500 trades at full
- Risk control16.3 / 25
34.63% worst drawdown
against 0–100% below the running peak
- Consistency9 / 25
1.72 profit factor
against 1.0 at the centre, 3.0 at the rim
- Return on risk25 / 25
13.01× recovery factor
against 0 at the centre, 10× at the rim
How the Kept Score is worked out, and every product scored →
Ghost Scalper MT5 screenshots
5 images from the seller's listing, shown as published. Nothing on them has been measured by this site — the figures elsewhere on this page are the check.
Images © the seller, served from the marketplace. See the original listing ↗
Ghost Scalper MT5 live signal record
Account growth
65 closed trades from 18 Aug 2026 to 7 Sept 2026.
The shape of the record
Six measures on fixed scales — the same scales for every product on this site.
- Winning trades0–100% of closed trades
- Losing trades0–100% of closed trades
- Maximum drawdown0–100% below the running peak
- Profit factor1.0 at the centre, 3.0 at the rim
- Recovery factor0 at the centre, 10× at the rim
- Profitable months0–100% of months in the record
Where the balance came from
Trading profit against the money paid into and taken out of the account.
Time spent below the previous peak
Deepest fall 30.3%, over 6 days.
Result by month
100% of months finished up.
Download
Download and pricing
Ghost Scalper MT5 free download
There is a free download, and it is the demo on the product's own MQL5 listing — not a build from somewhere else. The two columns below are what separates it from the paid version. What the demo can and cannot do.
Free demo
$0
- Runs in the MetaTrader 5 Strategy Tester
- Backtest on your own broker's price history
- Cannot trade a live or demo account
- Downloaded 3,863 times
Full version — from us
$29.99save 94%
- Trades live and demo accounts
- 16 activations per licence
$499on the MQL5 Market- Licensed by the seller — the same build
The demo link goes to the seller's own MQL5 listing, where the free demo is hosted. The paid version is sold by us under licence — it is the seller's build, not a copy or a repack, and the MQL5 listing is linked above so you can compare the two before you buy. Anything offering a paid Expert Advisor as a freelive download is pirated, unsupported, and a common way to get a trading account drained by a modified build.
What Ghost Scalper MT5's record shows
Grid / basket positions
Up to 5 positions were held on XAUUSD at the same time. Baskets like this share one adverse move, so the account's real exposure is the whole ladder rather than any single trade.
How this was measured
- Peak simultaneous positions
- 5
- Symbol
- XAUUSD
- Measured from
- overlapping open/close times
Short track record
65 trades over 0.6 months. Metrics from a record this size are indicative rather than conclusive — a strategy needs to meet a market it dislikes before its drawdown figure means much.
How this was measured
- Trades
- 65
- Months
- 0.6
How Ghost Scalper MT5 trades
Read off the record rather than the sales page: how long it holds, which way it leans, and what market the figures actually describe.
How long it stays in
Positions last 3 min on average, which makes this a scalper whatever the listing calls it. Holding time decides how much the spread costs you and how much overnight risk you are carrying.
Which way it trades
Its 316 trades split 39.9% long to 60.1% short, so the result does not rest on the market having gone one way.
Built around one market
Everything here is XAUUSD. A single-market record says nothing about how it behaves anywhere else, so read every figure below as being about XAUUSD alone.
Where the money came from
The same totals the listing publishes, divided into the numbers that say whether an edge is real and whether it would survive being run on a different account.
Money won against money lost
It won €1,944 and lost €1,128, a profit factor of 1.72. For every €1.00 it handed back it took €1.72 in gross profit.
Where the edge comes from
It wins 64.6% of its trades, and the average win is 0.9× the average loss.
What one trade is worth
Averaged over 316 trades, each returned €2.58 on an account that opened at €150. That is the figure to multiply by your own trade count — not the headline growth.
Growth, per month
+302.1% total over 3 months compounds to +73.3% a month. The monthly rate is the comparable number: a total says as much about how long an account ran as about how well it traded.
What could go wrong with Ghost Scalper MT5
Every figure here is already in the record. These are the parts of it a summary table averages away.
Two drawdowns, not one
Drawdown reached 34.6% on closed trades against 10.2% on equity, so losses were taken as they came rather than parked out of sight — the shape a working stop produces. The realised run is the deeper of the two, so 34.6% is the figure to size against.
The worst single trade
Its worst trade lost €45.12, 4.5× the average loss of €10.07. The account grew 4.0× over the record, which accounts for most of that spread — adjusted for it the worst loss is 1.1× the average. Adjusted, the losses cluster rather than fan out, which is the shape a stop produces.
Its longest cold spell
It lost 6 trades in a row at some point. At the average loss that is about €60, or 40.3% of the €150 the account opened with. Assume it happens again, and ask whether you would still be running it on the far side.
Profit against the worst dip
It made 13.0× its deepest drawdown in total profit. Above one means the record has more than covered its own worst stretch.
What Ghost Scalper MT5 needs from your account
Cost and account size, against the drawdown this record already produced.
The account these figures came from
Every figure above comes from one account that opened with €150 at VTMarkets-Live 6. A different size, a different broker or different settings is a different result.
What buyers say
Counted from the reviews MQL5 publishes on the listing. We count the subjects raised and the ratings given; we do not reprint the reviews.
What the marketplace scores it
4.17 out of 5 from 42 reviews on MQL5. That is a rating of the purchase — the seller, the support, the documentation — and only indirectly of the trading.
The rating, split three ways
MQL5 scores it 4.20 on description, 4.20 on reliability and usability, and 4.10 on support. Buyers rate user support lowest, which is the part the headline number averages away.
What buyers actually write about
Across the 20 most recent reviews, seller support comes up most often — 9 of them mention it. Seller support is the subject appearing most in the negative ones.
How the recent ones split
Of the 20 reviews the listing serves, 13 rate it four stars or better and 2 rate it two and a half or worse. This is the most recent page rather than every review ever left, which means it describes the version on sale now.
Who maintains it
How recently it was touched, how long it has been sold, and what the marketplace record says about the seller.
Whether anyone is still working on it
Version 5.20, last updated 29 Oct 2026 — within the last month. A system still being touched is one whose author is still answering for it.
How long it has been on sale
Listed since 10 Aug 2026, about 3 months. A short listing history means the record you are reading has not been through much yet.
Who is behind it
MQL5 gives Thomas Christoph Lipka its badges for “Sold more than 100 products”. Those count marketplace volume, not trading results.
Ghost Scalper MT5 vs Institutional SMC Robot vs Mon Scalper MT5
How Ghost Scalper MT5 stands against two other measured tools on the site, on the ratios that do not depend on account size. Every figure is computed from that product's own record; the marker shows which leads on each measure.
- Profit factorEverything won divided by everything lost
- 1.72
- 2.88▲
- 1.48
- Payoff ratioAverage win divided by average loss
- 0.95▲
- 0.65
- 0.28
- Max drawdownDeepest fall from a previous high
- 34.6%
- 14.7%▲
- 28.7%
- Recovery factorNet profit per unit of worst fall
- 13.01
- 2.94
- 18.88▲
- Growth per monthTotal growth compounded to a monthly rate
- 73.26%▲
- 40.95%
- 11.98%
- Win rateNot scored — a high win rate is only good if the payoff supports it
- 64.6%
- 81.6%
- 84.1%
No single product leads: the wins are shared across the measures that could be decided. The full comparison lists what the records do not share.
Ghost Scalper MT5: common questions
The four things people search for about this product, answered from the record rather than from the sales page.
Is there a Ghost Scalper MT5 free download?
Yes — a free demo. Ghost Scalper MT5 is sold on the MQL5 Market, and every listing there carries a demo you can download at no cost: the full algorithm, limited to the MetaTrader 5 Strategy Tester. The full version is $29.99 from us, against $499 on the MQL5 Market. MQL5 records 3,863 downloads of it.
What the demo can and cannot do, and how to spot a pirated buildDoes Ghost Scalper MT5 have a live signal?
Yes. Ghost Scalper MT5 publishes a live signal on MQL5 covering 316 trades over about 3 months, verified from the broker's own trade feed. It shows 73.3% a month compounded, a deepest fall of 34.6% and a profit factor of 1.72. Every figure here is recomputed from that record, which the page links.
What a verified record proves, and what a review does notIs there a Ghost Scalper MT5 backtest?
Not one from us, and deliberately: a backtest is run by whoever is selling the product, on settings they choose. Instead this page measures 316 real trades over about 3 months of forward results, which is stronger evidence than any backtest: nobody can re-run it until it looks good.
Why we publish no backtests — and how to run your own in MetaTrader 5Is there a Ghost Scalper MT5 Myfxbook review?
Not that we can verify. Ghost Scalper MT5 is not tracked on Myfxbook, and we will not point at a third-party page we cannot confirm belongs to this product — a name match is not proof. Its verified record is the MQL5 signal this page links.
Why a name match is not proof, and what a marketplace rating measuresIs Ghost Scalper MT5 profitable?
Over 316 trades and about 3 months, the tracked account grew 302.1%, which is 73.3% a month compounded. The deepest it fell on the way was 34.6%. That is one account, on its settings and its broker, over that period.
What pairs does Ghost Scalper MT5 trade?
One symbol: XAUUSD. A record on a single symbol says nothing about how it behaves on another, so treat results elsewhere as untested.
What timeframe does Ghost Scalper MT5 trade?
It holds a position for 3 min on average across the published record. That is scalping, and it is the style most sensitive to costs: the spread and any slippage are paid on every one of those trades, so a broker with a wider spread than the tracked account had can erase the edge without the strategy doing anything differently.
Does Ghost Scalper MT5 need a VPS?
It holds for 3 min on average, so the case for one is strong: at that hold time a few hundred milliseconds of latency and any gap in your connection land inside the trade rather than between trades. A home machine that sleeps, updates or drops its connection is taking positions off the plan.
What deposit does Ghost Scalper MT5 need?
We do not publish a recommended deposit, because that is the seller's claim to make and ours to check. What the record shows is the account it was tracked on, which opened at €150. The deepest drawdown on that account was 34.6%, so an account too small to sit through the same fall in money terms would have been closed out before the record recovered.
Is Ghost Scalper MT5 safe to run on a live account?
Not in the sense the question usually means. The worst fall on the record was 34.6%. Our checks raised nothing on the record we hold, which is not the same as nothing to raise. Size against that fall, not against the average month.
Does Ghost Scalper MT5 work on MetaTrader 4?
No. This is the MetaTrader 5 build, and a build for one terminal does not run on the other. Any MetaTrader 4 version is a separate listing with its own record, and nothing measured here carries across to it.
Ghost Scalper MT5 specification
- Platform
- MetaTrader 5
- Type
- Expert Advisor
- Author
- Thomas Christoph Lipka
- Symbols
- XAUUSD
- Timeframes
- H1
- Version
- 5.20
- Published
- 10 Aug 2026
- Last updated
- 29 Oct 2026
- Tracked account
- VTMarkets-Live 6 · 1:500
- Opening deposit
- €150
- Current balance
- €1,085
- Record length
- 11 weeks (2.5 months)
- Max drawdown by equity
- 10.17% · €17
- Max drawdown by balance
- 34.63% · €63
- Worst losing streak
- 6 trades
- Trades analysed
- 316
- Average hold
- 3 min
- Expected payoff
- €3 per trade
- Sharpe (as published)
- 0.20
- History measured
- 18 Aug 2026 – 7 Sept 2026
- Trades in the history file
- 65
- Opening balance
- €200
- Data source
- MQL5 live signal 2387162, statistics as published on the signal page
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