Description
Alpha Gen EA v1.9 – XAUUSD Expert Advisor with Advanced Risk Management
Alpha Gen EA v1.9 offers precise and safe trading for XAUUSD on MetaTrader 4, leveraging support, resistance, and pivot points. With built-in stop-loss and trailing stop features, it ensures robust risk management.
Overview
Alpha Gen EA v1.9 is an advanced Expert Advisor tailored for trading XAUUSD (Gold) on the MetaTrader 4 (MT4) platform. Designed with safety in mind, it avoids high-risk strategies like martingale or grid trading. This EA focuses on precise execution by placing pending orders at critical levels, such as support, resistance, and pivot points, after confirming market conditions. Equipped with robust stop-loss and trailing stop mechanisms, it minimizes risk while maximizing potential profits.
Key Features
- Platform Compatibility: MetaTrader 4 (MT4)
- Minimum Deposit: $500
- Lot Size: Adjustable based on user preference
- Stop Loss: Built-in for every trade
- Take Profit: Trailing stop for profit optimization
- Risk Per Trade: Customizable
- Optimal Timeframe: H1
- Recommended Pair: XAUUSD (Gold)
Characteristics
- Avoids martingale and grid strategies.
- Places pending orders at support, resistance, and pivot points.
- Equipped with stop-loss and trailing stop for risk control.
- Works best with brokers offering tight spreads.
- Requires a VPS for seamless 24/7 operation.
How It Works?
- Places pending orders after confirming critical market conditions.
- Adjusts the frequency of trades using the “Up to X orders per STRG” setting.
- Utilizes stop-loss and trailing stop to ensure risk is managed.
- Operates on H1 timeframe for XAUUSD (Gold).
Why Choose Alpha Gen EA v1.9?
- Safe Trading Approach: No martingale or grid strategies.
- Advanced Risk Management: Stop-loss and trailing stop for every trade.
- Flexible Settings: Customize trade frequency and risk levels.
- Proven Performance: Designed by a trusted developer with years of experience.
- Affordable Pricing: Save 81% with the ForexEAshop price of $19.
Strategy
Alpha Gen EA v1.9 combines price action analysis with critical levels like support, resistance, and pivot points. It avoids overtrading by waiting for market confirmations, ensuring trades are executed with precision.
How to Get Started
- Download the Alpha Gen v1.9.ex4 file.
- Install it in the MT4 Expert folder.
- Restart the MT4 platform and attach the EA to an XAUUSD H1 chart.
- Adjust settings, including the “Set this input to 1000 when testing or live.”
- Start trading and monitor performance via your VPS.
In the Folder Alpha Gen EA v1.9:
- Alpha_Gen_EA_v1.9.ex4
Alpha Gen EA v1.9 Installation Guide pdf Book
Conclusion
Alpha Gen EA v1.9 is an ideal choice for traders seeking a safe and reliable way to trade XAUUSD on the MT4 platform. Its focus on risk management and strategic trade placement ensures consistent performance, making it suitable for both beginners and professionals.
FAQs
1. What is the recommended deposit for Alpha Gen EA v1.9?
A minimum deposit of $500 is recommended for optimal performance.
2. Which currency pair does Alpha Gen EA v1.9 support?
It is designed exclusively for trading XAUUSD (Gold).
3. Does Alpha Gen EA use martingale or grid strategies?
No, it avoids high-risk strategies like martingale and grid trading.
4. Do I need a VPS to use this EA?
Yes, a VPS is recommended for uninterrupted trading.
5. Can I customize the risk settings?
Yes, you can adjust the stop-loss levels and trade frequency based on your preferences.
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Compact and neatly packed.
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