Alpha Gen EA v1.9 MT4 Without DLL

Alpha Gen EA is an Expert Advisor that avoids high-risk strategies like martingale or grid trading, work on MetaTrader 4 platform. Instead, it prioritizes risk management by placing a stop loss and trailing stop on every trade. The EA strategically places pending orders at critical levels, such as support, resistance, and pivot points, but only after confirming specific market conditions to ensure higher precision. For greater flexibility, you can adjust the frequency of pending order placements using the “Up to X orders per STRG” input. Increasing this value can potentially lead to higher profits by capturing more trading opportunities.

Key Takeaways:

• Alpha Gen EA is an Expert Advisor that prioritizes risk management through stop-loss and trailing stop orders, avoiding high-risk trading strategies like martingale or grid trading.
• The EA strategically places pending orders at key levels such as support, resistance, and pivot points, after confirming specific market conditions, offering flexibility to adjust the frequency of pending order placement.
• It is recommended to use a broker with tight price spreads and to consider the use of a VPS for optimal performance of the fully upgraded EA, adjusting stop-loss levels according to individual risk tolerance.

About The Author

This Expert Advisor is developed by Antonis Michos, who brings over 6+ years of experience in MQL5 to the table. He has worked on several notable products, including The Hedging Master, Project S, Gold Stallion, and the highly successful Alpha Gen, which stands out as his top-performing creation.

Alpha Gen EA Features

• Used on platform: Meta Trader 4.
• Curency pairs: XAUUSD (Gold).
• Time frame: H1.
• Minimum deposit: 500$.
• Expert Advisor trading automated 100%.
• Spread Lower than 15.
• EA does not use martingale or grid strategies.
• Each position is equipped with a stop loss and trailing stop for risk management.
• Use a broker with tight, low spreads (such as Fusion Markets, IC Markets, or similar).
• The EA has been completely upgraded.It is up to your risk appetite if you use smaller if larger stop loss.
• Recommend use VPS (Click see here).

How to install and run the Alpha Gen EA Trading Bot in Metatrader 4?

• Open the Metatrader 4 platform
• From the top menu, click on “File”
• Now click on “Open Data Folder”
• Open the “MQL4” folder
• Open the “Experts” folder
• Copy the Alpha Gen.ex4 file here
• Then close and restart the MT4 platform
• Attach the Expert Advisor to the chart

The package includes :

Expert :

Alpha Gen v1.9 MT4.ex4

****Please note:

All Trading involves risk. Leveraged trading has large potential rewards, but also large potential risk. Be aware and accept this risk before trading. Never trade with money you cannot afford to lose. All forecasting is based on statistics derived from past performance of any trading methodology is no guarantee of future results.