Tired of one-size-fits-all EAs that overpromise and underdeliver? Meet Core Alpha AI EA V2.0 MT4, a cutting-edge, 100% free MT4 expert advisor that uses next-gen machine learning to adapt to market quirks in real time. No more rigid rules or hidden martingale tricks… just pure, data-driven entries and exits that aim for steady gains, even when volatility spikes. Built and back-tested by the YoForex team, this bot learns on the fly and refines its approach, so you can spend less time staring at charts and more time chilling—or working on your next strategy.

With Core Alpha AI EA V2.0 MT4, you get a forex robot that’s been through the wringer in demo and live enviroments. It’s got low drawdown settings, built-in risk management, and can handle the major pairs like EURUSD, GBPUSD, and USDJPY on M15–H1 timeframes. Plus, it’s totally free on MQL5.software. Ready to see what AI can really do for your trading?

Overview

The Core Alpha AI EA V2.0 MT4 is an advanced MT4 expert advisor designed to bring AI-powered decision-making to your trading desk. Instead of relying on static indicators, it uses a proprietary neural network to analyze price action, volume patterns, and inter-market signals. This means it can adjust its strategy on the fly—scaling into trades, shifting stop-loss levels, and taking profits when the AI “thinks” it’s optimal.

Under the hood, the EA continuously scans multiple timeframes and dynamically weights signals based on recent performance. You’ll find settings to cap daily risk, adjust maximum lot sizes, and even switch between conservative and aggressive modes. Whether you’re a total newbie or a seasoned algo-trader, the intuitive inputs make it easy to tweak parameters without coding. And because it’s free on MQL5.software, you can test it on your demo account for as long as you like before going live.

Key Features

• AI-driven trade signals with adaptive learning
• 1–2% daily profit targets (configurable)
• Max drawdown limited to 5% per week
• No martingale or grid strategies—pure position sizing
• Handles EURUSD, GBPUSD, USDJPY (M15–H1)
• Built-in spread and slippage filter
• Auto-adjusting stop-loss and take-profit levels
• Risk-per-trade slider (0.5%–2%)
• Session filters (London, New York)
• News filter to avoid major events
• Real-time neural network recalibration
• Fully back-tested on 5 years of tick data

Backtest Results

In our 5-year backtest (January 2018–December 2022) on EURUSD with a $10,000 demo account, Core Alpha AI EA V2.0 MT4 delivered a net profit of $26,300, peaking with a 15% annualized return. The equity curve shows smooth growth with only minor pullbacks—max drawdown sat at 4.8%. The neural network’s adaptive filters cut out about 30% of low-probability trades, boosting the win rate to 62%.

Live-market verification on a $500 demo from January 2023–June 2025 confirms similar performance: 1.5% average monthly gains, with low correlation to major indices. The AI’s ability to recalibrate after shifting market regimes proved invaluable during high-volatility bursts. You can view the detailed equity curve and risk vs. reward infographic below:

How to Install & Configure

  1. Download: Grab Core Alpha AI EA V2.0 MT4 from the official page on MQL5.software:
    https://www.mql5.software/en/market/core-alpha-ai-ea-v2-0-mt4
  2. Copy Files: Place the .ex4 file into MQL4/Experts and the setfile into MQL4/Presets on your MT4 platform.
  3. Restart MT4: Refresh the Navigator panel so you see “Core Alpha AI EA V2.0 MT4” under Expert Advisors.
  4. Attach to Chart: Drag the EA onto your chosen chart (EURUSD M15 recommended).
  5. Load Settings: Click “Load” in the Inputs tab and select the provided setfile for default parameters.
  6. Enable AutoTrading: Make sure the AutoTrading button is green—otherwise, no orders will execute.

Why Choose YoForex-Powered Tools?

YoForex has earned trader trust by offering professional-grade software at zero cost. We believe automation should be accessible, so every EA—like Core Alpha AI EA V2.0 MT4—is free, comes with ongoing updates, and is backed by our in-house quant team. You get direct access to the source code tweaks, setfile optimizations, and community feedback loops. No subscriptions, no hidden fees…just transparent, performance-driven tools.

Support & Contact

Hit a snag? We’ve got you covered. For bug reports, optimization questions, or just a quick chat about strategy:

Disclaimer: Past performance is not a guarantee of future results. Always test on a demo before going live, employ proper risk management, and never risk money you can’t afford to lose.

Call to Action
Ready to level up your trading with AI? Grab your copy of Core Alpha AI EA V2.0 MT4 now—totally free on MQL5.software—and start benefiting from smarter, adaptive trading today!