




Lazarus EA MT4 V1.2 + Setfiles
Lazarus EA targets EURUSD M1 scalping with trailing stop exits and compounding lots – preliminary Jan 2024 backtest shows 1.88 profit factor on MT4
$1,199.00 Original price was: $1,199.00.$59.00Current price is: $59.00.

⚠️ Risk Disclosure
📉 General Risk: Forex trading carries high risk of loss. Only invest money you can afford to lose.
🤖 EA Risks: Automated systems can fail due to technical issues, market changes, or broker problems. Past performance does not guarantee future results.
✅ Requirements: VPS hosting recommended. Test on demo minimum 30 days before live trading.
⚠️ No Guarantees: We do not guarantee profits. 70-90% of retail traders lose money.
By purchasing, you acknowledge understanding these risks and accept full responsibility for trading outcomes.
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Description
Lazarus EA MT4 – Trailing Stop Scalper for EURUSD M1
Lazarus EA is a short-term scalping system for MetaTrader 4, trading EURUSD on the M1 timeframe with compounding lot sizing and trailing stop exits. Available backtest data covers January 2024 using a control-points model — the crudest available method — meaning these results carry significant reliability limitations and cannot be treated as predictive performance.
Key Highlights
- ✅ Trailing stop with configurable step and distance locks in profits trade-by-trade on M1
- ✅ Backtest recorded 1.88 profit factor over January 2024 — crude model, treat as directional only
- ✅ Scalps EURUSD M1 using compounding lots with optional manual lot override
- ✅ Built-in stop loss at 10 pips default with 4-pip trailing stop limits single-trade exposure
- ✅ Optional time filter restricts trading to specified broker hours — reduces overnight gap risk
- ✅ MT4 only — Browse MT5 alternatives if you need MT5 compatibility
Performance Results
The January 2024 backtest recorded a 1.88 profit factor and 31.76% maximum drawdown on a $10,000 deposit over 68 trades. Win rate on short positions reached 75%, while long positions won only 19.12% — a directional asymmetry that warrants investigation before live deployment. These figures come from a control-points model, which MT4’s own tester flags as “a very crude method — results must not be considered reliable.”

A second Myfxbook signal covers January 2015 to November 2016 and shows a 40.77% maximum drawdown with a “Every Tick” model. A separate signal from the same period recorded 70.86% drawdown on a $100 deposit — a figure that represents near-total capital destruction under adverse conditions.


Maximum drawdown reached 70.86% in the highest-risk signal, driven by compounding lot sizing amplifying losses during consecutive losing sequences. The largest single loss trade was -$10,952 against a largest winning trade of $12,230 — a near-symmetric risk profile that leaves little margin for error. Reduce exposure by setting Risk to 2–3% (not the backtested 10%), limiting capital allocated to $500–$1,000 maximum until 90 days of demo validation confirms stable behavior. At conservative settings, realistic drawdown may fall to 15–25%; at default settings, account ruin remains a documented possibility.
⚠️ Backtest signal data from Jan 2015–Nov 2016 — 9 years old. January 2024 data uses control-points (crude) model. Neither source meets the standard for live deployment decisions. Run a minimum 90-day demo on a current broker before committing any capital. Past results do not guarantee future performance.
How It Works
Strategy: M1 scalping on EURUSD — exploits short-term price momentum with compounding position sizing that scales exposure as balance grows.
Entry: Automated entry triggered on M1 bar conditions; long and short positions both active with no stated directional filter.
Exit: Primary exit via trailing stop (4-pip default, 2-pip step); stop loss at 10 pips caps maximum single-trade loss.
Risk Control: Auto-lot sizing at 5% risk per trade default; manual lot override at 0.1 available; slippage set to 3 pips.
✅ Best conditions: Trending EURUSD sessions • Low-spread ECN brokers • Stable VPS connection
⚠️ Caution: High-impact news events • Wide spread conditions • Brokers with frequent requotes

Technical Specifications
| Specification | Requirement |
|---|---|
| Platform | MT4 (Build 1441 confirmed in testing) |
| Currency Pair | EURUSD (other pairs not documented) |
| Timeframe | M1 (required) |
| Minimum Deposit | $500 (high risk at this level — reduce lot size) |
| Recommended Deposit | $1,000–$2,000 (safer drawdown tolerance) |
| Leverage | 1:100 minimum recommended |
| Broker Type | ECN/STP preferred; spread under 1.5 pips |
| VPS | Required for M1 — uninterrupted connection essential |
This EA is MT4 only. Need MT5 platform? Browse MT5 EAs
Who Should Use This EA
✅ Ideal for:
- MT4 traders comfortable monitoring M1 scalping systems daily
- Experienced traders who understand compounding lot risk and can reduce default settings
- Demo-first traders willing to run 90+ days validation before live capital
- Traders allocating $1,000–$2,000 maximum to a single EA at conservative risk settings
✅ Best results when:
- Risk parameter reduced to 2–3% from the default 10% until live behavior is confirmed
- Running on an ECN broker with consistent sub-1.5 pip EURUSD spreads and a stable VPS
Download Package Included
- ✅ Experts:
- Lazarus Expert Advisor v1.2(.ex4)
- ✅ Presets:
- Lazarus.set
- Lazarus Expert v1.2.set
Product download link sent immediately via email after purchase.
Frequently Asked Questions
What results has Lazarus EA actually produced? +
Available evidence includes a January 2024 backtest (control-points model — MT4 flags this as 'crude, results must not be considered reliable') showing a 1.88 profit factor and 31.76% max drawdown. Two Myfxbook signals from Jan 2015–Nov 2016 recorded drawdowns of 40.77% and 70.86% respectively on a $100 deposit. These are 9-year-old backtest signals, not live account verification. No current live verified performance data exists — treat all figures as indicative only and run 90-day demo validation before any live deployment.
Is the Lazarus EA backtest reliable? +
No — and the platform itself says so. The January 2024 test used 'control points,' which MetaTrader 4's own documentation labels as the crudest available method with results that must not be considered reliable. The 2015–2016 Myfxbook signals used Every Tick modeling, which is more accurate, but those results are 9 years old. Neither source represents a valid basis for live trading decisions without current demo validation of 90+ days minimum.
Why does the EA perform so differently on long vs short trades? +
The January 2024 backtest recorded 75% win rate on short positions versus 19.12% on long positions — a major directional asymmetry. This could reflect EURUSD behavior during that specific month, a bearish bias in the entry logic, or a statistical artifact of only 68 trades over 28 days. A 28-day window is too short to distinguish genuine edge from noise, since it captures only one market regime. Extended demo testing across multiple market conditions is the only way to assess whether this asymmetry persists or reverses.
Does Lazarus EA use martingale or grid trading? +
Based on documented parameters, Lazarus EA uses compounding lot sizing — position size scales as balance grows when CompoundLot is enabled. This is not martingale (no position doubling on losses) and not grid (no multi-level pending orders). Each trade carries its own 10-pip stop loss and 4-pip trailing stop. The compounding feature increases absolute dollar risk as profits accumulate — disable it or reduce the Risk parameter to 2–3% to limit exposure during the validation phase.
How much capital do I need to run Lazarus EA? +
The documented minimum deposit is $500, but at default 5–10% risk settings this level carries high account-ruin exposure given the recorded 70.86% maximum drawdown in historical signals. A $1,000–$2,000 allocation with Risk set to 2–3% provides safer operating room. Never allocate capital you cannot afford to lose entirely — the historical data shows this EA can sustain drawdowns that erase the majority of a small account at aggressive settings.
What are the real risks of running this EA live? +
The highest recorded drawdown across available signals is 70.86%, caused by compounding lot sizing amplifying losses during consecutive losing sequences — the average loss trade at default settings was $4,910 versus an average win of $2,183. Manage this by setting Risk to 2–3%, allocating no more than $1,000–$2,000, and monitoring positions daily during the first 60 days. At conservative settings, realistic drawdown may compress to 15–25%; at default settings, substantial capital loss remains a documented possibility.
What broker works best with Lazarus EA? +
Use an ECN or STP broker with EURUSD spreads consistently below 1.5 pips — M1 scalping erodes edge rapidly on wider spreads. Avoid market-maker brokers with frequent requotes or dealer intervention on small timeframes. A VPS with low latency to your broker's server is required, not optional, for M1 execution. Confirm your broker permits automated trading and scalping strategies before purchase.
What support do I get after purchase? +
You get direct support from our team through Telegram (t.me/besteaforex6868) and email ([email protected]). We typically respond within 2-4 hours during business hours (GMT+0). Our support covers: EA installation guidance, settings optimization for your broker, and troubleshooting technical issues. When contacting us, please include: your email, order ID, and screenshots of any error messages for faster resolution.
>>> Curated/Reviewed by Steven Cohen (Founder).
⚠️Risk Disclaimer:
Forex trading and EAs carry high risk of loss. Only invest what you can afford to lose. Past performance does not guarantee future results. 70-90% of retail traders lose money.
⚠️ Risk Disclosure
📉 General Risk: Forex trading carries high risk of loss. Only invest money you can afford to lose.
🤖 EA Risks: Automated systems can fail due to technical issues, market changes, or broker problems. Past performance does not guarantee future results.
✅ Requirements: VPS hosting recommended. Test on demo minimum 30 days before live trading.
⚠️ No Guarantees: We do not guarantee profits. 70-90% of retail traders lose money.
By purchasing, you acknowledge understanding these risks and accept full responsibility for trading outcomes.
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