Lancet

A professional, high-performance Expert Advisor with preset settings that trades automatically with a calculated or fixed lot. You can use the default settings or customize them to your preferences. The multi-component "Lancet" data processing algorithm is designed for opening short-term trades on dynamic instruments with tight spreads. The Expert Advisor's strategy is based on price action with minimal decision latency, ensuring more effective scalping. The working timeframe is customizable. Using a VPS is recommended. Risky strategies are not used. Stop-loss orders are applied to each position. Flexible position volume management is available. The Expert Advisor automatically controls spread widening and slippage , and provides order tracking and protection. Works with any deposit size.

Recommendations:

Any MT4 terminal instruments with moderate volatility.
I recommend ECN, Raw or Razor accounts with low spreads.
When used in conjunction with other experts, it is necessary to ensure that the values of the Magic experts' parameters are not identical.
For recommendations on using the expert, please contact us via private messages.

Parameters:

  • Use_LOGO - use the logo on the graphic
  • Use_Time - use trading time frames
  • StartTrade - trading start time (in hours, server time)
  • EndTrade - trading end time (in hours, server time)
  • StartTradeMonday - start time on Monday (in hours, server time)
  • EndTradeFriday - the end time of work on Friday (in hours, server time)
  • Signal - a signal to enter the market
  • Index - a regulator for generating market entry signals
  • IndexPeriod - the period of the regulator for generating market entry signals
  • Matching - a market noise filter
  • Cluster - a regulator for the mathematical analysis of expert signals for entering the market (if the value is 0, the algorithm is not used)
  • StopLoss - fixed loss level
  • StopLossCorrector - the value of the automatic stop-loss adjustment regulator relative to the current volatility (if set to 0, it is disabled)
  • TakeProfit - a fixed profit level
  • TrailingStart - the trailing start level
  • TrailingStop - trailing distance
  • TrailingStopCoeff - coefficient for reducing the trailing distance
  • TrailingStep - trailing step
  • FixedLot - lot size when MM is disabled
  • Use_AutoMM - enables automatic calculation of traded lots
  • AutoMM - AutoMM calculation percentage
  • Max_Spread - the maximum allowed spread size
  • Slippage - maximum slippage in points
  • Magic is an identifier for collaboration with other experts.
  • Open_Comment - commentary on transactions

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