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Name: Alpha Gen
Version: v1.9 New Update
Developer by: Antonis Michos
The Right Platform: Meta Trader 4 (MT4)
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Alpha Gen EA MT4 is an automated trading Expert Advisor (EA) developed to help navigate the complexities of the forex market, with the default optimal profit performance being trading Gold (XAUUSD). This advanced EA uses a unique approach, placing pending orders using sophisticated strategies at support, resistance and pivot levels. The advisor executes trades after confirming specific market movements, minimizing unnecessary risk.
Backtest on XAUUSD (H4, 2010-2024) shows that the EA has a net profit of $13,960 from a capital of $1,000, with a Profit Factor of 1.38. Drawdown of 21.42%, ensuring a safe risk level. In 14,894 trades, the win rate is 88.35% (Buy) and 67.98% (Sell), showing that the EA performs better when the market is rising. The system is stable but needs optimization to improve profitability.
Name | Fit |
---|---|
Trading platform | Meta Trader 4 (MT4) |
Min / Recommended deposit | $500 |
Time frames | H1 |
Currency pairs | XAUUSD (Gold), US30, BTC |
VPS | Optional, for uninterrupted advisor operation |
🤗WISH YOU SUCCESSFUL TRADING🤗
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