Alpha Gen EA
S/R + pivot Gold EA v1.9 · XAUUSD · H1 · No martingale/grid · 14yr backtested · MT4
About Alpha Gen EA
The Alpha Gen EA (version 1.9), distributed via eafxstore.com, eaforexstore.com, and fxcracked.org, is an automated trading Expert Advisor for MetaTrader 4 using a unique approach to identify potential trading opportunities at key support, resistance, and pivot levels. It primarily focuses on Gold (XAUUSD) trading, though its logic is applicable more broadly.
The EA uses stop-loss and trailing stops for each position, deliberately avoiding risky strategies such as martingale or grids. Backtested performance over an extended 14 years of trading (2010-2024) with $500 test capital showed a total profit of $40.5 million — though these are backtested figures and may not reflect actual live trading performance. It works best on XAUUSD on the H1 timeframe with a minimum account balance of $500.
- Platform: MetaTrader 4
- Primary asset: XAUUSD (Gold)
- Timeframe: H1
- Strategy: Support/resistance/pivot level entries
- Risk approach: No martingale or grid — SL + trailing stop per position
- Backtest (2010-2024): $500 → $40.5M (14 years)
- Min deposit: $500
- Version: 1.9
- Source: eafxstore.com · Alpha Gen EA v1.9 MT4