Introduction

Alpha AI EA V1.09 MT5 is an automated trading system designed for the MetaTrader 5 platform. It uses algorithm-based trading logic to analyze market conditions and execute trades automatically when predefined strategy rules are met. The system is built to simplify trading by reducing the need for manual chart analysis while maintaining structured risk management and consistent trade execution. By continuously monitoring price movements and market trends, the EA allows traders to participate in the forex market without constant supervision.

Key Features

Fully automated trading within the MetaTrader 5 platform.
Continuous market monitoring to identify potential trading opportunities.
Built-in risk management including stop loss and controlled trade exposure.
Customizable trading parameters such as lot size, risk percentage, and trade limits.
Automated trade management including stop loss adjustment and position monitoring.
Consistent strategy execution based on predefined algorithm rules.
Compatibility with most MT5 brokers.
Backtesting capability using the MetaTrader 5 strategy tester.
VPS compatibility for uninterrupted automated trading.

Recommended Settings

Recommended settings may vary depending on the account size and trading preferences, but commonly suggested conservative settings include:

Risk per trade: around 1–2% of account balance
Lot size: approximately 0.01 lot for every $500–$1000 account balance
Timeframe: commonly M15, M30, or H1 depending on strategy optimization
Leverage: around 1:100 or lower for controlled risk
Maximum simultaneous trades: limited to reduce overall exposure
Spread filter: enabled if available to avoid trading during high spreads

These settings should be tested and optimized on a demo account before live trading.

Backtest Result

Backtesting through the MetaTrader 5 Strategy Tester helps evaluate how the EA might perform under historical market conditions.

Typical observations may include:

Gradual equity growth during stable market conditions
Controlled drawdowns when conservative risk settings are applied
Consistent trade management with predefined stop loss and take profit levels

However, historical results cannot guarantee future performance since market conditions can change.

Advantages

Automated trading reduces the need for continuous manual chart monitoring.
Eliminates emotional decision-making by following predefined algorithm rules.
Continuous market analysis helps detect trading opportunities at any time.
Built-in risk management helps control potential trading losses.
Customizable parameters allow the system to adapt to different trading styles.
Consistent strategy execution improves trading discipline.

Disadvantages

No automated trading system can guarantee consistent profits.
Performance depends on market volatility and conditions.
Incorrect parameter settings can increase trading risk.
Broker spreads, slippage, and execution quality may affect results.
Requires the MetaTrader 5 platform to remain active, often requiring VPS hosting.

Installation & Setup Guide (Brief)

Download the EA file in .ex5 format.
Open MetaTrader 5 and select File → Open Data Folder.
Navigate to MQL5 → Experts.
Copy the EA file into the Experts folder.
Restart the MetaTrader 5 platform.
Enable Algorithmic Trading in the platform settings.
Open the recommended trading pair and timeframe chart.
Drag the EA from the Navigator panel onto the chart.
Configure parameters such as lot size, stop loss, take profit, and risk percentage.
Test the EA on a demo account before using it on a live account.

Support & Disclaimer

Support

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

WhatsApp: Click here

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.