Alpha Gen EA V1.9 NO DLL Automated Forex Trading

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.

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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 is his best performing product.

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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.