Available soon
Loading product…
AlphaBot is an MT5 expert advisor built for the AUDCAD pair. It trades pullbacks around support and resistance levels and can size positions automatically or at a fixed lot.
Get one message the moment it launches, with its price.
AlphaBot is an automated trading system for MetaTrader 5 that is designed around the AUDCAD currency pair. It looks for pullbacks near support and resistance levels, and it can scale its position size with your account balance or stay at a fixed lot.
The core idea is price reaction at support and resistance. Rather than chasing breakouts, the expert advisor looks for moments when price pulls back toward an area where the market has previously turned, and it opens positions on that basis. The developer states that the system also uses machine learning methods to adapt to changing market volatility. As with any automated system, you should judge the behaviour for yourself by running it on a demo account and reviewing the trade history it produces.
The developer reports testing on in-sample and out-of-sample data going back to 2010. Test results of that kind do not predict future performance, and live conditions such as spreads, slippage and execution speed will differ from a backtest.
Exact input names can change between releases, so open the inputs tab after loading the EA and read the labels there. The main areas to review are listed below.
| Area | Purpose | What to check |
|---|---|---|
| Symbol prefix and postfix | Matches broker-specific symbol names | Enter any extra characters such as m or a. if your broker uses them |
| Lot mode | Automatic compounding or constant lot | A constant lot can start from 0.01 |
| Money management progression value | Sets how position size grows with balance | Developer guidance: 1500 high risk, 2000 medium, 2500 low |
The developer suggests a minimum deposit of 1000 USD and recommends 5000 USD, or the equivalent in another currency. Check these figures against your broker's margin requirements and your own risk tolerance.
Automatic lot sizing that compounds with balance increases exposure as the account grows, and drawdowns can grow with it. A lower risk setting reduces position size but does not remove the possibility of loss.
Trading carries risk, and you can lose some or all of your capital. Past results, including backtests, do not predict future ones. Test on a demo account before using real funds.
If you run the Strategy Tester, let the full price history load first. This can take a few minutes.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Automated trading, expert advisor |
| Strategy style | Support and resistance, pullback entries |
| Symbol | AUDCAD (attach the EA to this chart) |
| Timeframes | Any; no specific timeframe setting is required |
| Leverage | 1:30 or higher suggested |
| Deposit | 1000 USD minimum, 5000 USD suggested, or equivalent |
| Lot sizing | Automatic with compounding, or constant lot from 0.01 |
No reviews yet. Customers who own AlphaBot can review it here.
Attach AlphaBot to an AUDCAD chart. The timeframe is not critical, so any timeframe can be used and no specific setting is needed for it. Keep the chart open on a terminal that stays connected, ideally on a VPS.
Yes. The inputs tab has fields for a prefix and a postfix. If your broker lists the pair as AUDCADm or a.AUDCAD, for example, enter the extra characters there so the EA can find the correct symbol. Check the exact field names on the inputs tab after loading it.
The developer suggests leverage of 1:30 or higher and a deposit of at least 1000 USD, with 5000 USD preferred, or the same amount in another account currency. Confirm margin rules and contract specifications with your broker before going live, and consider starting on a demo account.
AlphaBot has a money management progression value. Lower values mean larger positions relative to balance and so higher risk. The developer gives 1500 as high risk, 2000 as medium and 2500 as low, with higher values continuing the same trend. You can also switch to a constant lot, starting at 0.01. Test any choice on a demo account first.
No. This listing is for MetaTrader 5 only. An MT5 expert advisor cannot be loaded into MetaTrader 4.
When you backtest, wait until all historical data has finished loading. This can take a few minutes. Starting a test before the history is complete can give misleading results.
AlphaBot
Notify me at launchQuestions about this tool?
Ask us on Telegram Install guide for MT4 and MT5 Get a custom version builtFree, practical help with testing, sizing and running expert advisors.
More MT5 tools with a similar focus.
Own AlphaBot? Sign in to review it.