Alexa Scalping EA — EURUSD M30 Scalper with 433% Documented Gain

Alexa Scalping EA 3.0 is a MetaTrader 4 scalper trading EURUSD on the M30 timeframe using a dual-EMA crossover system — a fast 15-period signal EMA crossing a 200-period trend EMA — to filter entries with trend direction before executing fixed-lot positions at a 10-pip take profit.

A real-money account on ECN.Broker recorded 433.22% total gain with 6.17% maximum drawdown. A second live account on GrandCapital ran August 2023 and returned 204.45% gain at 1.87% drawdown before closing.

Key Benefits

• ✅ Gain-to-Drawdown Ratio: 433% gain against 6.17% peak drawdown on the primary live account — the cost is a 10-pip TP ceiling that limits single-trade returns and requires high trade frequency to compound. Compare EA strategies
• ✅ Trend-Filtered Entries: The 200 EMA acts as a directional gate — trades only open when the signal EMA crosses in the trend’s direction, which reduces counter-trend exposure during sustained moves.
• ✅ Fixed-Lot Sizing: 0.1 lot per trade with no martingale or position scaling — exposure per trade is constant regardless of prior loss streaks. Explore fixed-lot EA options
• ✅ High-Frequency Volume: 8,330 trades across five years in the backtest — statistical weight behind the 60% win rate, though spread conditions at execution directly determine whether that edge survives live.

Alexa Scalping EA Performance

Two real-money accounts are on record via Myfxbook — the primary ECN.Broker account showing 433.22% total gain, and a secondary GrandCapital account from August 2023.

The primary live account on ECN.Broker (account #70) deposited $4,000, reached a peak balance of $21,509.92, and withdrew $21,328.85 — net profit $17,328.85, maximum drawdown 6.17%. Track record is listed as not verified; trading privileges are verified. Last updated December 2023.

The secondary GrandCapital account ran August 15–22, 2023 over seven days, starting at $701.14, reaching $2,150.91, and withdrawing $2,134.65 — 204.45% gain at 1.87% drawdown. Track record on this account is verified.

A five-year backtest on EURUSD M30 (January 2020 – December 2024) using Control Points modeling on $10,000 starting capital produced 8,330 total trades, 60.04% win rate, profit factor 2.11, and 27.74% maximum drawdown.

The specific risk trigger here is spread expansion. This strategy earns an average of 14.69 per winning trade at a fixed 10-pip TP — a 6-pip fixed spread is hardcoded in the settings, meaning any broker spread above that value cuts directly into the per-trade edge and can convert winning trades to losses at scale.

This is a structural weakness — the 10-pip TP ceiling cannot be widened without changing the strategy’s fundamental behavior, and spread impact cannot be eliminated, only minimized by broker selection.

The mitigation is broker-side: ECN accounts with raw spreads consistently below 1.5 pips on EURUSD preserve the edge the live accounts demonstrated. The backtest’s Control Points modeling does not simulate spread accurately, which explains the gap between the 6.17% live drawdown and the 27.74% backtest figure — live execution on a low-spread ECN produced a materially better risk profile than the simulation suggested.

Both live accounts closed in late 2023 — current performance under 2024–2025 market conditions is unverified, and live spread and execution at your broker will shift these results.

How Alexa Scalping EA Works

Mechanism: The EA exploits short-term momentum continuation on EURUSD M30. When the fast 15-period EMA crosses the 200-period trend EMA in the direction of the dominant trend, the EA executes a fixed-lot entry. The 200 EMA acts as a regime filter — no trade fires against the prevailing trend direction, keeping the EA out of counter-trend noise during directional sessions.

Signal Trigger: EMA_Signal (15-period) crossing EMA_Trend (200-period) on the closed candle (Candle_ID: 1) in the same direction as trend bias. Both conditions must align simultaneously.

Position Close: Fixed take profit at 10 pips. The SL parameter (mySLInEuro: 200,000) is set at a level that functions as a capital-protection emergency stop rather than a per-trade stop — individual trades close at TP or remain open until market reversal triggers the basket-level protection.

Exposure Limits: Fixed lot size of 0.1 per trade — no scaling, no martingale, no grid compounding. The oversized SL value means the primary loss control mechanism is the 10-pip TP frequency, not a conventional stop loss on individual trades.

✅ Optimal conditions: Trending EURUSD sessions with stable spreads below 1.5 pips; London and New York overlap where directional momentum on M30 is most consistent.

⚠️ Avoid when: Ranging, choppy EURUSD conditions where EMA crossovers generate false signals repeatedly; high-impact news events where spread spikes temporarily exceed the 6-pip fixed spread assumption baked into the strategy.

This EA requires MT4. Need MT5 platform support? Browse MT5 EAs

Recommended Settings

Who Should Use Alexa Scalping EA

• ✅ Running MT4 on a VPS with uninterrupted connection — the M30 timeframe requires the EA to be live at candle close for every signal.
• ✅ Trading with $4,000+ at an ECN broker with raw EURUSD spreads consistently under 1.5 pips — the 10-pip TP math breaks down on wider spread accounts.
• ✅ Comfortable running 90+ days on demo before live deployment — both live accounts closed in late 2023, and current conditions have not been validated on a live account since.
• ✅ Focused on a single-pair scalping approach — this EA trades EURUSD only; multi-pair portfolio traders will need additional systems alongside it.

Performance verified with: Real-money accounts on ECN.Broker (1:1000 leverage) and GrandCapital (1:500 leverage), MetaTrader 4.

Product Download Package Includes

• ✅ Experts:
  • Alexa Scalping EA v3.0.ex4
• ✅ Setfiles:
  • INSTRUCTIONS.txt
  • $100 account.set
  • $500 account.set
  • $1000 account.set
  • $3000 account.set
  • $10000 account.set
  • $100000 account.set

The download link will be sent to your email immediately after purchase, along with a video tutorial on how to install it.

Frequently Asked Questions