Lantern
by AIStrategyMiner134 days measured · tracking since 2026-05-29 · last updated 2026-10-09
- Account
- Demo account, same broker server for every EA
- Lot size
- Fixed 0.1 lot, no compounding
- Settings
- Locked on 2026-05-29
- Updated
- Daily (UTC)
*partner account
One-time purchase · $99. Works with any broker. No subscription.
This licence works on one MT5 account. Need another account? Buy another licence.
Not on sale yet
Need to move a licence to a different MT5 account? Contact support on the contact page. (Placeholder: account change process pending.)
Requires an account opened through our partner broker. No feature limits. We may earn a commission.
- 1 purchase = 1 MT5 account
- Settings locked
- Instant download after payment (PayPal)
Performance
Forward-tracked results since tracking started, at a fixed 0.10 lot. Not a forecast.
Cumulative profit in USD at 0.10 lot, from the start of the selected period. Source: forward tracking, 134 days (1Y covers the whole tracked period so far).
Results are from forward tracking on a demo account, not real-money trading. Past results do not guarantee future results.
Two kinds of numbers
Left is a test on past data. Right is what the EA actually did in forward tracking. Please compare them separately.
Historical test
Run on historical prices, 2019-01-01 to 2026-05-28. These trades were not placed in real time.
Forward tracking
Tracked forward on our server under the same conditions, 2026-05-29 to 2026-10-09, with settings locked from day one.
Monthly profit and loss
Forward tracking, USD, fixed 0.10 lot. Oct 2026 is month to date (to the 9th).
| Month | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26* | Total |
|---|---|---|---|---|---|---|
| P/L (USD) | +$24 | +$13 | +$26 | +$62 | +$12 | +$137 |
| Trades | 35 | 36 | 36 | 35 | 11 | 153 |
* Month to date. The 5 months above plus May 29–31, 2026 (+$6, 3 trades) make the full tracked total of +$143 and 156 trades. Fixed 0.10 lot.
Recent trades
The latest 10 closed trades from forward tracking (times in UTC).
| Closed (UTC) | Side | Symbol | Lots | P/L (USD) |
|---|---|---|---|---|
| 2026-10-08 20:00 | Sell | EUR/USD | 0.10 | +$2.80 |
| 2026-10-08 08:00 | Sell | EUR/USD | 0.10 | +$4.00 |
| 2026-10-08 01:00 | Buy | EUR/USD | 0.10 | +$5.10 |
| 2026-10-07 13:00 | Sell | EUR/USD | 0.10 | +$4.60 |
| 2026-10-07 05:00 | Buy | EUR/USD | 0.10 | -$6.60 |
| 2026-10-06 17:00 | Sell | EUR/USD | 0.10 | +$4.30 |
| 2026-10-06 04:00 | Buy | EUR/USD | 0.10 | -$12.30 |
| 2026-10-05 14:00 | Buy | EUR/USD | 0.10 | +$3.70 |
| 2026-10-04 23:00 | Buy | EUR/USD | 0.10 | +$4.10 |
| 2026-10-04 17:00 | Buy | EUR/USD | 0.10 | +$4.80 |
How it trades
A mean reversion EA: it bets that EUR/USD tends to drift back toward its recent average after stretching away.
- Entry
- When price stretchesOn a closed H4 candle, when price has moved unusually far from its recent average and starts to turn back, it opens one position.
- Exit
- Back toward the averageThe trade is closed when price returns near the average, or after a maximum holding time if it does not.
- Stop loss
- Always setEvery trade carries a fixed protective stop. A losing trade can be larger than a typical winning one.
- When it stays out
- No trade, by designIt skips strongly one-directional markets, wide spreads and the daily rollover period, and holds one position at a time.
Requirements
What you need to run Lantern as it was measured.
- Symbol
- EUR/USD only
- Timeframe
- H4
- Recommended capital
- $2,000 or more for 0.10 lot (the tracked balance was $2,000)
- Account type
- MT5 hedging account, low-spread / ECN type recommended
- Platform
- MetaTrader 5 only (MT4 is not supported)
Free version
Same EA, same settings. The price is $0 when you trade through our partner broker.
$0 with a partner account
Lantern is free if you trade on an account opened through our partner broker. There are no feature limits compared with the paid version.
We may earn a commission from the broker. It does not change your price or trading costs.
- Step 1
- Open a partner accountUse our partner link to open a new MT5 account with the broker.
- Step 2
- Link your MT5 account numberEnter the account number in your QuantsDepot account so we can confirm it.
- Step 3
- Download LanternOnce confirmed, the download is unlocked at $0.
FAQ
Can I change the MT5 account later?
One purchase covers one MT5 account. For moving to another account, please see our Terms of Service or contact us.
Can I get a refund?
See our Refund Policy.
Why can't I change the settings?
Settings are locked so that what you run is what we measured. If the inputs could change, the published record would no longer describe the EA you are using.
Is QuantsDepot related to MetaQuotes?
No. MetaTrader 5 is a trademark of MetaQuotes Ltd. QuantsDepot is not affiliated with MetaQuotes.
Related EAs
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