AlfaQuantFX EA V2.0 MT4

Introduction

AlfaQuantFX EA V2.0 is a MetaTrader 4 Expert Advisor designed for fixed-lot automated trading. It focuses on simplicity, controlled risk, and optional grid-style entry spacing. The EA is suitable for traders who prefer transparent position sizing instead of aggressive money management systems.

Key Features

• Fixed lot size execution (default 0.01)
• Manual risk control with no automatic lot calculation
• Pip Step parameter for grid-compatible entry spacing
• Hard stop loss combined with dynamic trailing stop
• Lightweight design with low resource usage
• Compatible with major pairs including EUR/USD, GBP/USD, and USD/JPY
• Simple parameter set for easy configuration

Recommended Settings

• Platform: MetaTrader 4
• Currency pairs: EUR/USD, GBP/USD, USD/JPY
• Lot size: 0.01 (fixed)
• Money management: Disabled (manual control)
• Timeframe: Lower to mid timeframes (commonly M5–H1 range, confirm with supplied presets)
• Minimum account size: Around $100
• Use a low-spread ECN broker and a VPS for continuous operation

Advantages

• Transparent and predictable risk through fixed lots
• Easy to set up and suitable for beginners
• Grid-compatible logic offers flexibility in ranging markets
• Trailing stop helps lock in profits
• Low system resource consumption
• Works well as a secondary or controlled-risk strategy

Disadvantages

• Limited adaptability compared to multi-strategy or AI-based EAs
• Grid-style spacing can increase exposure during strong trends
• Relies heavily on correct parameter settings and broker conditions
• No automatic position sizing or advanced recovery methods
• Requires proper demo testing before live use

Conclusion

AlfaQuantFX EA V2.0 MT4 offers a straightforward fixed-lot approach with basic risk controls and optional entry spacing. It is best suited for traders who value simplicity and manual risk management over complex automated systems. Thorough testing on a demo account and careful position sizing remain essential before any live trading.

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

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Telegram Group: Join our community

Disclaimer:

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.