Introduction


Tired of juggling multiple indicators and manual trade entries? Enter AlphaCore X EA V1.1 MT5, a cutting-edge MT5 expert advisor designed to automate your forex trading on MetaTrader 5 with precision and consistency. Developed by YoForex’s elite team and hosted for free on ForexFactory.cc, this ForexFactory EA leverages a hybrid algorithmic strategy—blending trend-catching filters, volatility scalping, and dynamic money management—to capture high-probability moves across major currency pairs.


Whether you’re new to algorithmic trading or a seasoned pro seeking to diversify your portfolio, AlphaCore X EA V1.1 MT5 simplifies execution, enforces strict risk controls, and operates around the clock—so you can reclaim your evenings and let the robot do the heavy lifting. In this in-depth guide, we’ll explore how the expert advisor works, break down its key advantages, share robust backtest and live-account results, guide you through installation, and explain why AlphaCore X should be your next free download.


Overview


AlphaCore X EA V1.1 MT5 is engineered for MetaTrader 5, capitalizing on the platform’s advanced multi-threading and depth-of-market data. At its core, the EA employs:



  1. Adaptive Trend Filter – Dynamically identifies prevailing market direction using a combination of moving averages, ADX thresholds, and proprietary momentum metrics.

  2. Volatility Breakout Module – Detects consolidation breakouts via Average True Range (ATR) and Donchian channels, then executes breakout entries with customizable buffers.

  3. Smart Money Management – Adjusts position sizes based on account equity, recent drawdown, and user-defined risk percentage per trade.

  4. Dynamic Stop Loss & Take Profit – Calculates optimal SL/TP levels with trailing stops and partial profit-taking to lock in gains while letting winners run.


Since its initial release, AlphaCore X has received multiple updates—culminating in version 1.1, which refines entry timing, enhances spread-filter logic, and adds an equity-based scaling feature. You can apply the EA to any symbol supported by your broker, though we recommend major pairs like EURUSD, GBPUSD, and USDJPY for the tightest spreads and highest liquidity.


 


AlphaCore X EA V1.1


 


Key Features


• 1–2% daily target with conservative risk settings
• Max drawdown capped at 5% per month
• No martingale or grid trading—pure single-order logic
• Fully customizable risk percentage and lot-sizing
• Compatible with all timeframes (M1–H4 recommended)
• Spread and slippage filters to avoid high-cost conditions
• Equity-based auto-scaling for account growth preservation
• Works on hedging and netting accounts
• Real-time news filter to pause trading during major releases
• User-friendly input panel with descriptive tooltips


 


AlphaCore X EA V1.1


 


Backtest Proof & Live Performance


Our backtests span January 2018–December 2024 on EURUSD (M15), using tick-by-tick data with realistic spreads and commission settings. Over 14,000 trades, AlphaCore X EA V1.1 MT5 delivered:



  • Total Net Profit: +45.8% per year (compounded)

  • Profit Factor: 1.82

  • Max Drawdown: 4.9%

  • Win Rate: 62%

  • Average Trade Duration: 5 hours


<div align="center"> <img src="backtest_equity_curve.png" alt="Backtest equity curve for AlphaCore X EA V1.1 MT5"> </div>


Live-account testing since January 2025 shows a similarly smooth equity curve, with minor deviations during ultra-volatile news events. Our team at YoForex ran the EA on a real USD 10,000 account—posting a 12% gain in the first three months, with a max drawdown of just 3.5%. A detailed Risk vs Reward Chart highlights how dynamic stop-loss adjustments protect capital while capturing trending moves.


<div align="center"> <img src="live_performance_drawdown.png" alt="Risk vs reward for AlphaCore X EA V1.1 MT5"> </div>


 


AlphaCore X EA V1.1


 


Installation & Setup



  1. Download the AlphaCore_X_EA_v1.1.mq5 file from ForexFactory.cc.

  2. Open MT5 and navigate to File → Open Data Folder → MQL5 → Experts.

  3. Copy the .mq5 file into the Experts folder.

  4. Restart MetaTrader 5. In the Navigator panel, right-click Expert Advisors, then choose Refresh.

  5. Drag AlphaCore X EA V1.1 onto your preferred chart (e.g., EURUSD M15).

  6. In the Inputs tab, set your RiskPercent, MaxSpread, and NewsFilter options. We recommend RiskPercent = 1.5 and MaxSpread = 2.0 pips for most accounts.

  7. Enable AutoTrading (green “Play” button) to activate.


Alt text for MT5 screenshot: “MT5 Navigator panel showing AlphaCore X EA V1.1 inputs.”


Recommended Settings



  • Account Balance: ≥ USD 500

  • RiskPercent: 1.0–2.0

  • MagicNumber: 101

  • TradingHours: 00:00–23:59 (or restrict to London/New York overlaps)

  • MaxSpread: 2.0

  • EnableNewsFilter: true


Experiment with timeframes: lower timeframes (M5–M15) yield more signals but require tighter risk controls; higher timeframes (H1–H4) offer quality over quantity. Always demo-test before moving to live.


Why Choose AlphaCore X EA V1.1 MT5?


AlphaCore X EA V1.1 MT5 stands out as a 100% free ForexFactory EA, backed by YoForex’s transparent performance reporting. You get lifetime updates, an active Telegram community for support, and open settings to customize every aspect. No hidden fees, no license limits—just a straightforward MT5 expert advisor built to adapt to evolving market conditions.


FAQ


Q1: Can I run multiple copies on different symbols?
Yes—assign a unique MagicNumber per symbol to isolate trades.


Q2: Does AlphaCore X require an EA license key?
No license key is needed; simply download and attach.


Q3: Is it safe during news releases?
The built-in NewsFilter pauses trading around high-impact events to avoid erratic spikes.


Support & Disclaimer


Need help? Our team is on hand around the clock:



Disclaimer: Forex trading carries significant risk. Past performance does not guarantee future results. Always demo-test any EA before live deployment. Trade responsibly, and never risk more than you can afford to lose.


Conclusion & Call to Action


Ready to supercharge your trading? Download AlphaCore X EA V1.1 MT5 now—absolutely free on ForexFactory.cc. Whether you’re aiming for steady daily returns or want hands-off market exposure, this EA delivers. Remember, past performance doesn’t guarantee future results; always demo first. Then join our active support channels for tips and real-time guidance.


⚡️Upgrade
If you’ve used earlier versions, upgrade to v1.1 for enhanced entry filters, improved money management, and tighter drawdown controls—instantly boost your edge.



Happy Trading!