Alpinist EA FREE MT4 Forex Robot Download

Alpinist EA is a fully automated FREE MT4 Forex Robot to Download. SPARTA may be a unique algorithm that uses A mathematical multicurrency trading system based on the principle of a neural network.

It uses several thousand of the most stable trading algorithms in its work. Before getting into the “А2М1” general database of algorithms, each block of conditions has passed the testing for stability with the identification of certain market dependencies for that block. A network created in such a way allows the EA to automatically select the most optimal variant of response to the market situation from several thousand possible variants of algorithms included in its database. In case of an unsuccessful entry, the Alpinist EA uses a unique multistage averaging system with an increasing coefficient(Martingale).

Key Advantages

• Nine currency pairs.
• All nine pairs pass tests from 1999 to the current time (18 years).
• No need to close the robot during news releases.
• It works with 4 and 5-digit quotes.
• The estimated spread is from 2 to 3 points (4 digits).
• Estimated Take Profit is from 20 to 25 points (4 digits).

MT4 Forex EA is an automated forex robot work using the martingale principle. Because of this method, this EA has a very high ROI(Return of investment) with relatively good stability. According to the developers, this automated trading system is able to perform miracles.

After a Long time of using this strategy, Blowing your account is inevitable. However, with the periodic withdrawal of investments, the theory of probability works in our favor. After the initial investment is withdrawn, the dangerous martingale strategy immediately becomes break-even and highly profitable.

Please test in a demo account first for at least a week. Also, Make yourself familiar with and understand how Alpinist Robot works, then only use it in a real account.

The strategy With this EA is to profit fast and then withdraw fast. Of course, this is a grail, and with such a risk, the adviser can someday drain the deposit. But the main rule is to withdraw the deposit after doubling the deposit.

Recommendations for Alpinist EA

• Work Best on EURUSD, EURJPY, GBPUSD, EURGBP, USDJPY, AUDUSD, NZDUSD, USDCHF, USDCAD.(Work on any currency pair)
• Recommended Take Profit values
  • EURUSD, USDJPY – 25 points.
  • EURGBP, EURJPY, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD – 20 points
• Work best on M5, and H4 TimeFrame (Work almost the same on all time frames)
• The strategy With this EA is to profit fast and then withdraw fast. Withdraw the deposit after doubling the deposit. (This EA has real good potential with this method)
• For best performance, We Recommend running FREE MT4 Forex Robot 24/5. Recommend using a VPS (Reliable and Trusted FOREX VPS – FXVM)
• Low Spread ECN account is also recommended (Find the Perfect Broker For You Here)

General Trading Settings

• Start trading – enable/disable the Alpinist EA.
• TakeProfit – take profit value for the orders opened by the EA, depends on the precise currency pair and trading style (see the above recommendations on TakeProfit);
• StopLoss – stop loss value, depending on the trading style. In this EA, it is best to leave this parameter unchanged.
• Slip – maximum allowed slippage.
• MagicNumber – a unique number of positions opened by the MT4 Forex Robot.

Risk management

• Lots – initial lot size. It is activated, if the values of Risk and DepoStep are zero;
• Risk – the percentage of the deposit balance to extend the initial lot. It is activated, if the worth of Lots size is zero;
• DepoStep – deposit size step for doubling the initial lot. It is activated, if the values of Lots and Risk are zero.
• Stop by equity – enable/disable limitation of losses by equity.
• Value of equity – allowable loss by equity, at which all orders previously opened by the FREE MT4 Forex Robot are closed.

Trailing Stop

• Use Trailing Stop – enable/disable the Trailing Stop parameter.
• Fixed trailing size – the size of the Trailing Stop in points from the order opening price;
• The size of the correction Trailing Stop – price home in points from Fixed trailing size to trigger Trailing Stop.

The main recommendations when employing a standard Take Profit (20-25 points)

The recommended deposit size for trading one pair with the initial lot is 0.01.

• 1500 USDC – cent account.
• $1500 – standard account.
• DepoStep – 1500 (an automatic increase of lot, as an alternate to the initial lot 0.01) – increased risk.
• Leverage: 1:500 and higher.
• USDJPY – compulsorily enabled Trailing Stop with the default values (10; 2).

The recommended deposit size for multicurrency trading with the initial lot is 0.01.

• 5000 USDC – cent account.
• $5000 – standard account.
• DepoStep – 5000 (an automatic increase of lot, as an alternate to the initial lot 0.01) – increased risk.
• Leverage: 1:500 and higher.

The main recommendations when using a reduced Take Profit (10 points)

The recommended deposit size for multicurrency trading.

• 2500 USDC – cent account.
• $2500 – standard account.
• DepoStep – 2500 (an automatic increase of lot, as an alternate to the initial lot 0.01) – increased risk.
• Leverage: 1:500 and higher.

FREE MT4 Forex Robot Download

Discussion

Warning! Please read the MetaTrader EA Installation Tutorial if you do not know how to set up this forex expert advisor.

Do you have any more suggestions regarding this forex EA? You can always discuss the Alpinist EA with the other traders and MQL programmers on our forum.