Aliens EA MT5

Overview of Aliens EA MT5

Aliens EA MT5 is an advanced trading software developed for seasoned traders. It can be used for scalping or high-frequency trading (HFT) and utilizes a unique algorithm to calculate the velocity of the asset. The EA is fully optimized for maximal performance and does not rely on martingale, grid, AI, or neural networks.

Key Features

Does not require margin to trade

Can be used on various trading assets

Safe strategy without martingale or grid techniques

Advanced velocity algorithm

Opens 1-5 trades per day with recommended settings

Uses advanced trailing stop loss and trailing step

Trading Strategy

The strategy behind Aliens EA MT5 is to catch the price action of the asset during a pullback after a sharp price movement. This typically occurs within 1-2 seconds. The timeframe of the current chart is irrelevant since the EA uses its unique algorithm. Users can indicate the time and velocity value to control the number of trades, but profitable trades happen more randomly.

Recommended Settings

Working timeframes: Any (no importance)

No minimal balance required

Broker: ECN, NDD, MM

Trading assets: Forex majors, Indices

Recommended using a VPS

Advantages and Limitations

Advantages:

Safe strategy without risky techniques

Can be used on various assets

Optimized for high performance

Limitations:

Forex pairs are not the best option; indices and other assets with zero spread and commission are preferable

Profitable trades occur more randomly

User Reviews

User reviews highlight the EA's ability to handle high-frequency trading efficiently. However, some users have pointed out the need for specific broker conditions, such as low spread and commission, to maximize profitability. One user mentioned that the EA opens 1-5 trades per day, but higher probability trades occur less frequently.

Conclusion

Aliens EA MT5 is a robust tool for advanced traders looking to engage in scalping or HFT. Its unique algorithm and advanced features make it a valuable asset in the trading arsenal. However, users should be aware of its limitations and ensure they use the recommended settings and broker conditions for optimal performance. 🚀👽