Alpha Gen EA v1.9 MT4 with Setfiles (Platform build 1428+)
Original price was: $180.00.$49.00Current price is: $49.00.
Alpha Gen EA is an automated and performance optimized trading robot for Gold (XAUUSD) trading. Profit performance has been verified in 10 years (2010 – 2024) of test trading, total profit reached $40.5 million from a deposit of $500.
Frequently bought together
Frequently bought together
What is Alpha Gen EA?
Alpha Gen EA is an automated trading system designed to help navigate the complexities of the forex market, with optimal profit performance defaulting to Gold (XAUUSD) trading. This advanced Expert advisor (EA) uses a unique approach, strategically placing pending orders at support, resistance and pivot levels. The advisor executes trades after confirming specific market movements, minimizing unnecessary risk.
- Vendor website: Click here
About the author
This product is compiled by Antonis Michos. This author has more than +6 years of experience working on MQL5 with many famous products such as Alpha Gen EA, Virtual Trendline Scalper and others. Among them, Alpha Gen EA is his best performing product.
Alpha Gen EA overview
Key features of Alpha Gen EA
Expert boards are packed with special trading features, including:
1. Automated Trading with Risk Management:
- Automated Order Placement: The EA identifies and places pending orders at key market levels like support, resistance, and pivots, reducing human error and reaction time.
- Stop Loss & Trailing Stop: Each trade comes equipped with pre-defined stop loss and trailing stop features to automatically manage risk and secure profits.
- Configurable Risk Parameters: Customize stop loss levels and trailing stop values to match your risk tolerance.
2. Efficient Trading Strategies:
- No Martingale or Grid: The EA avoids risky strategies like Martingale and Grid, minimizing potential losses.
- Customizable Order Frequency: Control the number of pending orders placed per strategy run with the “Up to X orders per STRG” input. Higher values can increase profit potential.
Optimal Platform & Account Setup
- Supported Symbol: Designed specifically for XAUUSD (Gold) trading.
- Recommended Timeframe: Optimized for 1-hour (H1) charts.
- Tight Spreads Crucial: Perform best with spreads lower than 15 pips for optimal execution.
- Low Minimum Balance: Accessible for traders starting with a minimum of $500.
- Multiple Chart Compatibility: Use a unique magic number when running the EA on multiple charts simultaneously.
Alpha Gen EA MT4 Reviews
Alpha Gen EA backtested trading performance has been impressive for 14 years of trading (2010 – 2024). The test capital with Gold is $500 and the total profit is $40.5 million. The risk level is optimized by the advisor to be safe at Maximum drawdown: 23.78%.
Key Performance Metrics:
- Backtesting period: 2010 – 2024
- Initial capital: $500
- Total profit: $40.5 Million
- Maximum drawdown: 23.78%
Alpha Gen EA Backtests
Alpha Gen EA Backtest
Alpha Gen EA MT4 Backtests
Alpha Gen EA MT4 Backtest
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Minimum / Recommended deposit | $500 |
| Time frames | H1 |
| Currency pairs | XAUUSD (Gold), US30, BTC |
| Setup files | Available |
| Product type | NoDLL / Fix |
| Virtual private server (VPS) | Encourage the use of VPS system |
| Additional services | Unlock and Decompile |
| Recommended brokers | HTFX Broker |
>>> Reviewed by David Easton
Product download package includes
The download package of the product suite includes:
- Experts: Alpha Gen EA v1.9.ex4
- Presets:
- BTC.set
- US30_No_tight_SL__1.set
- US30_Tight_SL__1.set
- Signal_set.set
- NEW_Second_set.set
- Second_set.set
- US30_AG_2.set
- US30_AG_1.set
>>> Join the Membership Now <<<
User Reviews
Only logged in customers who have purchased this product may leave a review.
FAQs
1. What is Alpha Gen EA and how does it work?
Alpha Gen EA is an automated trading system designed for forex trading, primarily focusing on Gold (XAUUSD). It uses a unique strategy of placing pending orders at support, resistance, and pivot levels, and executes trades based on specific market movements.
2. What is the minimum deposit required to use Alpha Gen EA?
The recommended minimum deposit to use Alpha Gen EA is $500.
3. What is the recommended timeframe for using Alpha Gen EA?
The optimal timeframe for using Alpha Gen EA is the 1-hour (H1) chart.
4. Is Alpha Gen EA compatible with other currency pairs besides XAUUSD?
While primarily designed for XAUUSD, the EA can also be used with US30 and BTC, but it's important to note that it may not be as optimized for these pairs.
5. Does Alpha Gen EA use Martingale or Grid strategies?
No, Alpha Gen EA does not use Martingale or Grid strategies, which are known to be risky.
6. How does Alpha Gen EA manage risk?
Alpha Gen EA incorporates built-in risk management features such as stop-loss and trailing stop orders to limit potential losses.
7. Is a VPS recommended for using Alpha Gen EA?
While not strictly necessary, using a VPS (Virtual Private Server) is recommended to ensure uninterrupted trading, especially for those with slower internet connections or unstable power supplies.
8. What is the backtesting performance of Alpha Gen EA?
The backtesting results show impressive performance with a significant profit over a 14-year period (2010-2024), even with a relatively low initial capital of $500.
Original price was: $180.00.$49.00Current price is: $49.00.
There are no reviews yet.