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Lucifer HFT Prop is an MT4 expert advisor that scalps major forex pairs on the M1 chart using three selectable entry strategies. It is aimed at traders who want short-duration trades with a fixed protective stop on every order.
Get one message the moment it launches, with its price.
Lucifer HFT Prop is an automated scalping expert advisor for MetaTrader 4. It works on the one-minute chart of major currency pairs and combines three separate entry modules, which you can switch on individually or run side by side.
The expert looks for short-term entries on M1 and aims to leave the market quickly. According to the product description, each order is placed with a protective stop loss of around 10 pips, while the take profit is left open and the trade is closed by the expert's own exit logic. Holding times are meant to be very short, so execution quality matters more here than with slower systems.
The store lists this product under scalping and grid tags. The author's own text describes the approach differently, so watch the order behaviour in the Strategy Tester and on a demo account, and confirm how many positions it opens at once before you risk real money.
The author names EURUSD, USDJPY and AUDUSD as the best fits. NZDUSD, USDCHF, USDCAD and GBPUSD are also listed as supported. The expert is intended for the M1 timeframe only. It is described as trading during most of the day, with a short pause around the daily rollover, so check the time inputs against your broker's server time.
The exact input list can differ between builds, so open the inputs tab after attaching the expert and read each field. The table below summarises the areas you should check rather than fixed values.
| Area | What to check |
|---|---|
| Strategy switches | Which of ST1, ST2 and ST3 are enabled |
| Lot size or risk | Fixed lot or percentage, matched to your balance and any prop firm limits |
| Trading hours | Start and end times relative to broker server time |
| Stop loss | Distance in pips and how it behaves on your broker's digits |
| Magic number | Unique value for each chart to keep orders separate |
A preset file may be included with the download. The author says one is not required, so you can start from the defaults and compare.
Scalpers react strongly to spread, slippage and latency. The author recommends a fast VPS and an ECN-style account. Even so, results on one broker may differ from another, and a backtest cannot fully reproduce live execution.
Trading carries risk, and you can lose some or all of your capital. Past results, including backtests and screenshots, do not predict future ones. Use a demo account first and only trade amounts you can afford to lose. If you use it on a prop firm challenge, read that firm's rules on short-term trading and automation.
Before going live, run it on a demo account with the same broker and VPS you intend to use, and review a few days of trades.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor) |
| Strategy focus | Scalping, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, automated trading |
| Trade style | Scalping with very short holding times |
| Markets | Forex majors: EURUSD, USDJPY, AUDUSD, NZDUSD, USDCHF, USDCAD, GBPUSD |
| Timeframe | M1 |
| Strategy modules | Three (ST1, ST2, ST3), can be enabled together |
| Account type | ECN-style account with low spreads suggested |
| Requirements | Fast, stable VPS and a broker that allows scalping |
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No. This product is built for MetaTrader 4 only. It will not load on MT5, so check which platform your broker account uses before buying.
The author points to EURUSD, USDJPY and AUDUSD as the strongest candidates, with NZDUSD, USDCHF, USDCAD and GBPUSD also supported. The expert is meant for the M1 chart. Test each pair on your own broker data before going live.
A VPS is strongly recommended. Scalping on M1 depends on fast order execution, and the author suggests a very low-latency connection. A home connection with unstable ping can change results noticeably.
The author says the expert can run without one. A preset file may also come with the download. Compare its values with the defaults, run both in the Strategy Tester, and use whichever you understand and can justify for your account.
It is marketed for that use, but rules differ between firms. Some restrict very short trades, high-frequency activity or certain execution styles. Read your firm's terms and test on a demo account first. Passing a challenge is never assured.
Copy the expert file into the MQL4/Experts folder through File, Open Data Folder in MT4, then restart the terminal or refresh the Navigator. Drag it onto an M1 chart and enable Algo Trading.
Lucifer HFT Prop
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