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LENA SCALP MT4 – Full Input Settings Analysis
Lena Scalp is a scalping bot, or Expert Advisor, for the XAUUSD (Gold) on the 1-hour chart. It applies advanced artificial intelligence (AI) technology to recognize trading signals and manage trades and has the goal of minimizing risk. The system possesses a dynamic stop-loss placement that dynamically changes to adapt to the market condition, avoiding large stop-loss levels and risky trading strategies such as Martingale and grid trading. Lena Scalp’s user interface is basic and effective, making it straightforward to utilize for new and experienced traders alike.
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Set up order
- Lot Size – 1.0
→ Uses a constant lot size of 1.0 for each trade. - Toggle for Auto Lot Size – false
→ Automatic lot calculation from account balance is turned off. - Account Balance Step for Auto Lot – 200
→ When auto lot is turned on, EA will increase lot size by 1.0 for every $200 account balance. - Lot Increment per Profit Step – 0.03
→ Increases lot size by 0.03 after every reached profit target.
Command settings
- Smart SL Based on Buyers and Sellers – true
→ Triggers smart stop loss based on market direction (buyer/seller pressure). - Smart Stop Loss – 1200
→ Smart SL level, presumably in points. - Emergency Loss Limit – 1500
→ Emergency cut-loss limit for the account (in points or value). - Take Profit – 1200
→ Standard take profit level per trade. - Take Profit for Reverse Orders – 1200
→ Take profit value for reverse (recovery or hedging) orders. - Lock Profit – 1200
→ Locks profit after this amount is reached. - Total Distance – 1200
→ Most likely the difference between orders (see EA logic to verify). - Toggle for Floating Take Profit – false
→ Floating/adjustable take profit is disabled. - Request openAI – 70.0
→ Most likely indicates expected profit percentage or AI signal strength level. - OPEN AI SL – 100
→ Stop loss level according to AI-generated signals.
Trading Specifications
- SL – 150
→ Basic stop loss level. - Lock – 200
→ Profit lock level (breakeven or trailing trigger point). - Fix – 500
→ Fixed stop loss value, possibly used when smart SL is disabled. - Reverse -R – 500
→ Risk reversal threshold (possibly used for reverse trade triggering or recovery). - Slippage – 10.0
→ Maximum allowed slippage (equal to 1.0 pip).
Transaction time
- Start – 9
→ Trading starts at 9:00 AM (server time). - END – 22
→ Trading ends at 10:00 PM (server time). - Magic Number2 – 987654321
→ Identifier for the second set of trades or strategies. - Number High/Low – 40
→ High-low range used in candlestick analysis (in points or pips). - NY Market Hour – 5
→ New York market opens at 5:00 PM (server time). - NY Market Minute – 40
→ New York market opens at 5:40 PM. - Toggle for NY Open Time – off
→ Turns off NY session time filter. - Minutes Before – 10
→ Filters orders 10 minutes before the NY session starts. - Time to Cancel Pending Orders – 2
→ Expiring pending orders if not activated within 2 minutes.