As it turns out, the slot in the calliper will take a 3mm alan key. This is what I do to keep the pistons on my brakes balanced.
1. remove the pads
2. undo the bolts and remove the calliper from the frame. Or remove the wheels
3. Put the 3mm alan key into the slot push it all the way in.
4. Use a cable tie to around the calliper to prevent accidental loos of the alan key.
5. Use the leaver to advance the pistons until they stop at the alan key.
6. clean the pistons with a q tip and isopropyl cleaner
7. push the pistons back in, use a plastic tyre lever to push them back so far. Then put an old set of pads in and use a screw driver between the pads to push the piston all the way in.
8. refit the calliper or wheels & align the calliper (using the slots) with the disc.
9. Put new pads back in & the pump leaver to advance the pistons.
From there you’ll need to balance the pistons.
I do this procedure every couple of months and every time I put in new pads in workshop.