Description
<h3>Introduction</h3>
<p>Alexa Scalper V3 EA V2.2 MT4 is an automated trading system developed for the MetaTrader 4 platform, focused on short-term scalping strategies. It is designed to capture small price movements during high-liquidity market sessions by using structured entry logic and tight risk control. The system operates automatically once configured, aiming to provide disciplined execution without emotional interference.</p>
<h3>Key Features</h3>
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<p>Scalping-Based Strategy<br>Targets small intraday price movements on lower timeframes such as M1 or M5.</p>
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<p>Fully Automated Execution<br>Continuously scans market conditions and executes trades when predefined criteria are met.</p>
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<p>Short-Term Momentum Logic<br>Identifies rapid price acceleration and micro-trend opportunities.</p>
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<p>Tight Stop Loss and Take Profit<br>Uses smaller protective levels typical of scalping systems.</p>
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<p>Spread Filter<br>Avoids trading during high-spread conditions to reduce transaction costs.</p>
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<p>Session Filter<br>Allows trading only during selected high-liquidity sessions.</p>
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<p>Adjustable Risk Management<br>Supports fixed lot size or percentage-based risk per trade.</p>
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<p>Dynamic Trade Handling<br>May include breakeven and trailing stop features.</p>
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<p>MT4 Strategy Tester Compatibility<br>Supports historical backtesting for performance evaluation.</p>
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<p>VPS Compatibility<br>Optimized for low-latency execution on a Virtual Private Server.</p>
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<h3>Recommended Conservative Settings</h3>
<p>For stable performance:</p>
<ul>
<li>Risk per trade: 0.5–1% of account balance</li>
<li>Lot size: 0.01 per $1,000 as a conservative reference</li>
<li>Maximum open trades: 1</li>
<li>Tight stop loss with balanced risk-to-reward</li>
<li>Leverage: 1:100 or lower</li>
<li>Use low-spread broker for optimal results</li>
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<p>Scalping systems require strict risk control due to frequent trades.</p>
<h3>Backtest Result (General Overview)</h3>
<p>Backtest performance depends on:</p>
<ul>
<li>Broker spread and commission</li>
<li>Slippage</li>
<li>Timeframe selection (commonly M1 or M5)</li>
<li>Market liquidity</li>
<li>Risk configuration</li>
</ul>
<p>In high-liquidity sessions with tight spreads, scalping systems may show steady incremental growth. During volatile or illiquid periods, drawdowns may increase. High-quality tick data testing is recommended before live deployment.</p>
<h3>Advantages</h3>
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<p>Designed for Short-Term Opportunities<br>Captures frequent small price movements.</p>
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<p>Fast Trade Turnover<br>Positions are typically held for short durations.</p>
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<p>Structured Risk Management<br>Stop loss and take profit applied automatically.</p>
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<p>Session Control<br>Can focus trading during optimal liquidity periods.</p>
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<p>Fully Automated<br>No continuous manual monitoring required.</p>
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<h3>Disadvantages</h3>
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<p>Spread and Slippage Sensitive<br>Performance heavily depends on broker conditions.</p>
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<p>High Trading Frequency<br>Commission and spread costs can impact profitability.</p>
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<p>Market Noise Risk<br>Lower timeframes may generate false signals.</p>
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<p>Requires Stable Execution<br>VPS and low-latency broker strongly recommended.</p>
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<p>Not Risk-Free<br>Like all automated systems, losses are possible.</p>
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<h3>Installation & Setup Guide</h3>
<p>Step 1: Download the EA file (.ex4 or .mq4).<br>Step 2: Open MetaTrader 4 and click File → Open Data Folder.<br>Step 3: Navigate to MQL4 → Experts.<br>Step 4: Paste the EA file into the Experts folder.<br>Step 5: Restart MetaTrader 4.<br>Step 6: Open your preferred currency pair on M1 or M5 timeframe.<br>Step 7: Drag the EA from Navigator → Expert Advisors onto the chart.<br>Step 8: Adjust input parameters according to your risk tolerance.<br>Step 9: Enable AutoTrading.<br>Step 10: Test on a demo account before live trading.</p>
<h3><strong>Support & Disclaimer</strong></h3>
<h4><strong>Support</strong></h4>
<p>If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:</p>
<p><strong>WhatsApp: </strong><a href="https://wa.me/+443300272265" target="_new"><strong>Click here</strong></a><strong></strong></p>
<p><strong>Telegram Group: </strong><a href="https://t.me/yoforexrobot" target="_new"><strong>Join our community</strong></a><strong></strong></p>
<h4><strong>Disclaimer: </strong></h4>
<p>Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.</p>
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