Alpha Gen EA

Alpha Gen EA is an automated MT4 expert. It places pending orders at support, resistance and pivot levels and only arms them after the EA sees confirming market movement. The package here is version V1.9 and includes a ZigZag helper indicator.

The EA avoids martingale and grid systems and attaches a stop loss plus a trailing stop to every position. There is an input that limits how many orders can stack at one structure and a FixRatio money management option that increases lot size slowly as account equity grows. Defaults are tuned for XAUUSD on the H1 chart, and inputs let you use other pairs and timeframes.

ข้อมูลจำเพาะ

Tool type

Fully automated Expert Advisor

Platform

MetaTrader 4

Strategy

Pending orders at support, resistance and pivot levels; orders armed after confirmation

Recommended pair

XAUUSD (gold); configurable for other pairs

Recommended timeframe

H1 (works on other timeframes)

Minimum balance

$500 (recommended)

Risk management

Stop loss and trailing stop on every trade; no martingale, no grid

Money management

FixRatio option: increases lot by about 0.01 per $1000 profit

Original list price

About $80

At AutoFXRebate

Free download, includes PDF install guide

ฟีเจอร์

• Places pending orders at support, resistance and pivot levels, armed only after confirmation
• Stop loss and trailing stop on every trade
• No martingale and no grid
• Order density control to limit stacking at one level
• FixRatio money management to scale lot size slowly with profit
• Includes a ZigZag helper indicator and is tuned for XAUUSD H1

ผลงาน

Results from this rules-based pending-order EA are not independently verified. Forward-test on demo with your broker: confirm that pending orders arm as expected, record drawdown and trade frequency, and note how spreads and stop distance affect results before using real money.

การติดตั้ง

1. Unzip the package and copy the EA file into MQL4/Experts and the ZigZag indicator into MQL4/Indicators, then restart MT4. The package includes a PDF install guide.
2. Set the mandatory input to 1000 before any backtest or live run, or the EA will remain inactive.
3. Load the EA on an XAUUSD H1 chart with the default profile first, with martingale and aggressive scaling off.
4. Run the EA on a demo account for at least one to two weeks. Track trade entries, the deepest drawdown and how many positions can stack at one level.
5. Use a low-spread account and a stable VPS for continuous running so pending orders behave as expected. If you open a live account through AutoFXRebate you also receive per-lot rebates on every trade.
6. Keep the starting lot small and monitor how FixRatio increases exposure as profits accumulate. Adjust order density and trailing settings gradually.

บทสรุป

Alpha Gen is a pending-order MT4 EA designed with conservative risk choices: stop loss and trailing stop on every trade and no martingale or grid. Its defaults make it easy to start testing on XAUUSD H1.

Before any real-money use, set the required input to 1000, run a demo forward test on the broker you plan to use and tune order density and trailing values. Download the EA from AutoFXRebate, follow the PDF for install, and message the Telegram group if you need help.

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