In this post, I would like to share Alladin 5 Forex EA. I have tested on EURUSD and 15M, but it can work with other pair. This is a new scalper EA based on WSFR EA from Russian developer. This EA works very well on EURUSD, and GBPUSD. The recommended time frame is M15 and recommended broker is Alpari. Your individual license will cover one demo account plus one “live” account. This account will never expire and there are no “monthly fees” or any other related charges for use.
You will need to run this software on MetaTrader 4.0 platform. I have used it on demo account and my back test was very well. You will remember that the default stop lose on this EA without using the setup file provided is 32 pips and Wall Street default stop lose is 120 pips. It is an amazing WallStreet Forex copycat with some alterations, such as a volume filter with a martingale risk management.
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