Mantra Expert Advisor (Lite & Pro Versions) has been designed and programmed based on the market chaos theory and the unpredictability of the market.

Although the market is always changing its direction based on fundamental or any other reasons, Mantra EA is still capable to scalp and gain small but continues profits.

A very smart algorithm has been used in Mantra EA which allows it to recover its losses which may occur frequently. It should be noted that a hidden and tight stop loss value has been set in the EA and if it gets triggered, the EA starts to open new positions to recover previous losses until it reaches to the predefined profit value. based on the logic and the back tests results of this EA which have shown the best and the most reliable settings, none of these values (SL and TP) can be changed by users. 

Also, Mantra EA has a built-in settings which makes it independent from time frames. So, you can run it on any time frame that you like. But please note that it works on pairs with spread of less than 10 points (1 Pip).

importANT NOTE:

According to the tight settings of SL and TP in the body of Mantra EA (both hidden), this Expert Advisor MUST be used on pairs with the maximum spread of 2 to 10 points. Therefore, use it on ZERO accounts or some other similar accounts with low spread.

 

Since, on Friday nights and on Monday mornings (when the market reach to the end or is going to open) spreads get wide, special settings has been considered to not allow the EA to open new positions on Fridays after a specific time and on Mondays before a specific time in order to get sure that the spreads are in normal conditions. For the same reason, the same settings has been considered to limit the opening of new positions during the roll over time (When the New York Market closes and the Sydney Market opens) during the week days. You can change these settings based on your own knowledge or experience with your broker and your MT4 server time.

This is Mantra Pro Version. For Mantra Lite Version, visit the link: https://www.mql5.com/en/market/product/41029

Please also don't forget to check the blog: https://www.mql5.com/en/blogs/post/728807