Alexa Scalping EA v3.0: Lightning-Fast Profits with Smart Precision – MT4 +SetFiles

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Alexa Scalping EA is designed for effective risk management as it opens short-term trades to target a few pips through the scalping strategy. The expert’s results can be monitored on myfxbook with complete transparency.
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Summary

Alexa Scalping EA is an automated trading tool on the MT4 platform. It is specifically designed for scalping, focusing on making profits through simple movements in the Forex market. The expert advisor is designed with advanced algorithms to evaluate market conditions and execute short-term trades.

Why opt for Alexa Scalping EA?

  • The Alexa Scalping EA specializes in rapid scalping, taking advantage of minor price fluctuations and generating small profits.
  • The expert advisor operates completely automatically and requires no manual intervention.
  • It is designed with sophisticated algorithms to search for the best possible opportunities and maximize profits.

Who Should Use Alexa Scalping EA?

Alexa Scalping EA is suitable for all professional and beginner traders as it improves their trading performance in the Forex market. Whether you are looking for an easy way to make profits in the Forex market or a trading method different from manual trading, the Expert can help you with that.

Advantages

Alexa Scalping EA has been tested before and has proven remarkably successful. It also features risk management for each trade that is appropriate to the account capital and The expert works 100% automatically, as there is no need for manual intervention.

Disadvantage

  • One of the disadvantages is the total dependence on the market. The expert depends greatly on the conditions and movements of the market, and in cases of unexpected fluctuations, the results may be completely unpredictable. Also, the expert has been programmed in advance on certain conditions, so if these conditions are met, it will completely ignore important economic news and events.

Alexa Scalping EA MT4 Feedback

We assessed the trading capabilities of this EA over a period of 6 months, starting with a capital of $1000. Below are the backtest results:

  • Initial deposit: 1000$
  • Total net profit: 2156.97$
  • Maximum drawdown: 38.8%

Alexa Scalping EA Backtest Results Alexa Scalping EA Backtest Results Alexa Scalping EA Backtest Results

Features of Alexa Scalping EA

  • Trade various currency pairs across multiple time frames.
  • Scalping approach: Specifically designed for short-term trading, focused on profiting from minor price variations.
  • Advanced algorithms: Employs sophisticated algorithms to evaluate market conditions and pinpoint trading chances.
  • Adjustable settings: Permits users to modify parameters and configurations according to their preferences and risk appetite.
  • Risk management: Features integrated risk management tools to safeguard capital and oversee exposure effectively.

Suggested Configurations

  • Trading Platform: MetaTrader 4 (MT4)
  • Currency Pairs: EURUSD, GBPUSD
  • Operating Time Frames: M30
  • Minimum Deposit: $100. (Optimal minimum $1,000)
  • Setup Files: Provided
  • Product Type: NoDLL / Unlimited

What is included in the package?

Expert + Preset

  • Alexa Scalping EA 3.0. ex4
  • INSTRUCTIONS.txt
  • $100 account.set
  • $500 account.set
  • $1000 account.set
  • $3000 account.set
  • $10000 account.set
  • $100000 account.set

How to install Alexa Scalping EA

1 – Download the Expert

Download the Expert file from the email sent to you

How to Extract a File from Winrar?

First, if you don’t have Winrar here is the download link, download and install

https://www.win-rar.com/download.html?&L=0

Right-click on the WinRAR file and select ‘Extract Here’ to extract the files in the current location. Alternatively, choose ‘Extract to’ if you want to extract the files into a specific folder.

2 – Add the Expert to the platform

  • Open the trading platform and choose File –> Open data folder
  • Then go to the MQL4 folder –> Experts

(if the expert works on MT5 then you will choose MQL5 instead)

  • Put the Expert file in this folder
  • restart the platform

3 – Run the Expert

  • Choose the appropriate pair for the Expert and then drag the Expert from the navigator window and place it on the chart (or simply Double click on it)
  • Make sure that auto trading is activated in the platform and the Expert as well

Conclusion

Alexa Scalping EA is a scalping trading tool. The expert advisor has been tested over the long term and has achieved excellent results. This is because it is designed with advanced trading algorithms that enable it to target a few pips in the short term.

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Disclaimer: The backtesting results provided do not guarantee the same performance when using the Expert Advisor on your live account. Performance may vary due to factors such as market conditions, spreads, and slippage. It is highly recommended to first run the Expert Advisor on a demo account for a sufficient period to test its performance and ensure it aligns with your trading strategy and goals.