AlibabaEA for mt4

AlibabaEA is an advanced grid system that has been running on real accounts for many years. Instead of adjusting the system to reflect historical data (like most people do), the system is designed to exploit existing market weaknesses. Therefore, this is not a “pure scalping” system, but this system exists only by using DCA at high-reversal price zones. At the same time, this system uses real market mechanisms to its advantage to make profits.

Live real:

Supported Currency Pairs: EURUSD,GBPUSD,USDJPY,USDCAD,USDCHF,AUDUSD,NZDUSD
Recommended Timeframe: H1

Features
It is possible to trade on multiple currency pairs, but we only support EURUSD and GBPUSD.
Backtested and solid live performance
No GMT adjustment required
Much cheaper than similar quality options on the market
How to install
The EA must be attached to ONLY one H1 chart. EURUSD and GBPUSD is recommended
Use only recommended pairs. You don’t need a .set file, all by default.

Requirements
The EA is NOT sensitive to spreads and slippage. But I recommend using a good ECN broker like Exness, ICMarkets, Tickmill…
Accounts with 1:30 leverage require capital > $3000
With 1:100 leverage, you can use risk settings up to a significant level on a $1000 account.

Settings

StartingLots = 0.01
Multiplier = 1.5
PipStep = 150
Slippage = 10
MaxTrades = 12
TakeProfit = 1000
Stoploss = 5000
HourOpen = 09
HourClose = 23
UseEquityStop = FALSE
TotalEquityRisk = 20
UseTimeOut = FALSE
MaxTradeOpenHours = 48
MoneyManagement = AutoLot
AutoMoneyManagement = FALSE
PercentToRisk = 0.02
UseTrailingStop = true
TrailStart = 150
TrailStop = 150
MagicNumber = 123456
Symbol = EURUSD,GBPUSD,USDJPY,USDCAD,USDCHF,AUDUSD,NZDUSD