ALFA Advisor EA for MT4
Overview
The ALFA Advisor EA is an automated trading system designed for MetaTrader 4 (MT4). It aims to identify profitable trades across multiple currency pairs. Here are the key features:
- Fully Automated: No manual intervention required.
- Currency Pairs: Trades on several pairs, including:
- EUR/USD
- GBP/USD
- USD/JPY
- USD/CAD
- AUD/USD
- NZD/USD
- Martingale Money Management: Adjusts lot sizes after losses to recover capital.
- News Filter: Avoids trading during high-impact news events.
- MT4 Compatible: Works with most brokers that offer tight spreads and fast execution.
Strategy
The ALFA Advisor EA follows a scalping strategy. Let’s delve into how it takes trades:
- Moving Average Crossovers: The EA monitors moving averages on shorter timeframes (M1 to H1). When a bullish or bearish crossover occurs, it identifies potential entry points.
- Tight Spreads: It targets pairs with low spreads (such as EUR/USD and GBP/USD) to minimize transaction costs.
- Quick Execution: The EA executes trades swiftly to capitalize on short-term price movements.
- Profit Targets and Stop Losses: It sets tight profit targets and stop losses to lock in gains and limit losses.
- Risk Management: The Martingale system adjusts position sizes, but prudent risk management is crucial.
Minimum Deposit
To get started with ALFA Advisor EA, consider a minimum deposit of $300. This ensures sufficient capital for trading.
Timeframe
The EA operates effectively on timeframes ranging from M1 (1-minute) to H1 (1-hour). Shorter timeframes allow for rapid trade execution.
Telegram Channel
Join our Telegram channel for updates, tips, and discussions: https://mahakaryadigital.com
Download
You can download the ALFA Advisor EA from our website: https://mahakaryadigital.com/product/alfa-advisor-ea-mt4/
Remember that past performance does not guarantee future results. Always test any EA on a demo account before using real funds.
