Forex Alpha MT5
- Experts
- Version: 1.0
- Activations: 10
Forex Alpha MT5 is an advanced Expert Advisor specifically designed For major forex currency pairs . It is powered by a modern artificial intelligence model trained on historical major forex currency pairs price data and runs directly inside MetaTrader 5 using ONNX technology.
The EA analyzes price movements, detects complex market patterns, and automatically executes trades based on AI-driven predictions.
Discounted price . The price will increase by $50 with every 5 purchases.
No Risky Strategies – Does not use martingale or grid methods
Settings and Features :
News :
- News Enable : Enables or disables the news filter. When enabled, the EA avoids trading during high-impact news periods.
- News Importance : Selects the minimum news impact level (Low / Medium / High) that the EA will react to.
- News Minutes Before : Number of minutes before a news event during which the EA will stop opening new trades.
- News Minutes After : Number of minutes after a news event during which the EA will continue to block new trades to avoid volatility.
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You do not need to use any external links, as the built-in economic calendar in the MT5 platform is used.
Risk Management :
- Risk (lot) : Defines the base risk value used for position sizing, depending on the selected risk mode.
- Risk Mode : Determines how trade volume is calculated :
- Default : Uses the EA’s internal lot calculation.
- Fixed Volume: Trades with a fixed lot size.
- Min Amount: Uses the minimum allowed lot size.
- % of Equity: Risk is calculated as a percentage of account equity.
- % of Balance: Risk is calculated as a percentage of account balance.
- % of Free Margin: Risk is based on available free margin.
- % of Credit: Risk is calculated based on account credit.
- Trailing Stop : Enables or disables the trailing stop feature.
- Trailing Stop Level (%) : Percentage level at which the trailing stop follows price to lock in profits .
- Equity Drawdown Limit (%) : Maximum allowed equity drawdown. When reached, the EA stops opening new trades to protect the account (Set to 0 to disable).
Closing the position :
- SL Type : Defines how the Stop Loss is calculated:
- Swing: Stop Loss is placed based on recent swing highs/lows.
- Average Range : Stop Loss is based on the average price range.
- Max Range : Stop Loss is based on the maximum recent price range.
- Fixed Points : Stop Loss is set at a fixed number of points.
- SL Deviation (Points) : Sets the Stop Loss distance in points or adjusts its calculation depending on the selected SL type.
- TP Coefficient for SL : Take Profit is calculated as a multiple of the Stop Loss distance (Example: 1.0 = TP equals SL, 2.0 = TP is twice the SL).
Recommendation :
- Symbol currency : major forex currency pairs.
- Time frame : 1H .
- Try Demo account for the First 1-2 weeks to check your Broker.
- Use a VPS for the EA to work 24/7 (Mandatory).
If you have any questions or need any assistance, you can contact me.
