AlcoScalp EA with loss recovery system. The EA has been tested from 2010 to the present day in various market conditions/periods (testing at an earlier period does not make sense, because spreads were very large and the market was very volatile). Using professional software, with simulation of real spreads (extensions), market delays (simulation of real execution of transactions/stops) and real slippage (based on delays, pending orders 100-150ms market orders 200-300ms). The results are close to real deals.

Attention !!! Please read carefully the rules for installing the advisor, and install it correctly. Before publishing, we check everything and publish only those advisors that work on our accounts !!! At least at the time of this article’s publication

Backtesting:

Backtesting was not carried out as there are account signal from the author, detailed statistics of trade can be found below

Settings:

Attention! If you use Recovery mode, the EA uses a file named “Name of the file recovery” to write data for this function and if you run the EA again (i.e. as the first start) or change the account, you need to change this name
For the news filter to work need to add “https://ec.forexprostools.com” in Tools/Options/Expert Advisors/Allow WebRequest for listed URL: and click the allow checkbox

Reminder: As with every trading system, always remember that forex trading can be risky.  Don’t trade with money that you can not afford to lose.  It is always best to test EA’s first on demo accounts, or live accounts running low lotsize.  You can always increase risk later!

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Download AlcoScalp EA