Alpha Master

Alpha Master Expert is a professional market analyst using a specialized algorithm. The basic principle of its operation is to analyze the indicated prices over a certain period of time, where it determines the strength and amplitude of prices using its own indication system based on actual data. When a trend loses strength and changes direction, the previous series closes and a new one forms. In addition, the bot takes into account overbought and oversold signals in its algorithms. A purchase is made when the signal first falls below a certain level and then rises above, subject to clearance from the underlying signal system. Selling occurs when the signal first rises above a level and then falls below, also subject to clearance from the underlying signal system. The Expert Advisor reliably manages errors and safely operates with capital from $1000, but it is recommended to use it with capital of $3000 or higher. It includes basic functions: trailing start, trailing stop, stop loss and take profit, both real and virtual.

To understand how the bot works, you need to carefully study its parameters. Therefore, I believe that a detailed description of the parameters is the best way to describe the bot. This will allow users to understand what they are dealing with and help them determine if a given bot is suitable for their trading style and with their broker. Basic parameters, as well as a number of key settings, allow you to configure the environment for the bot to work correctly, and they are no less important than other settings. Money management options include two options: using a fixed lot or calculating the lot depending on the deposit. This is an interesting aspect of the settings, since they set the login algorithm.

Works with various currency pairs on an hourly chart (H1) with a leverage of 1:100.

Options:

• MagicNumber: This parameter allows you to identify orders belonging to a specific Expert Advisor or trading strategy. Each expert or strategy can have a unique MagicNumber to distinguish its orders from those of others.
• FixLot: This option sets a fixed lot size for opening each trade. For example, if FixLot = 0.1 is set, then each trade will be opened with a lot of 0.1.
• Money-Management On: When this option is enabled (true), Money Management is enabled. This allows you to automatically calculate your trading lot size based on your current balance or other risk management parameters.
• Money-Management: This parameter sets the risk level depending on the size of the deposit. For example, if Money-Management = 2, this means that the risk per trade will be 2% of the current balance.
• CountSeria: This parameter determines the number of trades in one series or sequence of trades. For example, if CountSeria = 3, then after opening three trades in a row, some action will be performed, for example, closing all open positions.
• TakeProfit: This parameter sets the price level at which a profitable position is automatically closed. For example, if TakeProfit = 100 points, then when the price reaches a level that is 100 points higher than the opening price, the position will be closed with a profit.
• StopLoss: This parameter sets the price level at which a losing position is automatically closed. For example, if StopLoss = 50 points, then if the price reaches a level that is 50 points lower than the opening price, the position will be closed at a loss.
• vTakeProfit: Virtual Take Profit. This option allows you to set a price level to virtually close a profitable position without actually executing the order in the market. This can help lock in profits to avoid sudden market changes.
• vStopLoss: Virtual Stop Loss. This parameter is similar to virtual Take Profit, but for setting the price level for virtual closing of a losing position.
• trStart, trStop: These parameters are responsible for trailing stops. Trailing stop allows you to automatically move the stop loss level following the price movement in a profitable direction. The trStart parameter specifies the trailing starting value, and trStop specifies the trailing stop level.
• Filling: This parameter determines the type of order filling. For example, you can select the fill type "Immediate or Cancel" (IOC), in which the order must be immediately executed or canceled. Other options include "Fill or Kill" (FOK), where the order must be filled in full or cancelled, and "Return" (RT), which allows partially filled orders to return to the queue.
• ModificationPips: This parameter specifies the number of pips to make changes to the stop loss or take profit levels of the order. For example, if the value is set to 10, then when the change is activated, the stop loss or take profit will move 10 pips in the corresponding direction.
• CorrectionLong: This parameter determines the correction level for long series. The correction is used to analyze market changes and influences the trading strategy depending on the current situation.
• CommentOrders: This is a text comment that will be attached to the order when it is placed. This comment may contain useful information for order identification or for additional notes on trading strategy.
• EcnMode: This parameter specifies the mode of operation of the broker in the ECN (Electronic Communication Network) network. ECN mode allows traders to trade at the best available prices provided by other market participants.
• CombinesAllStopsOn: When this option is enabled (true), all stop loss levels of an order will be combined into one level, which can help manage risk and protect the position from large losses.
• AsynchronousMode: This mode allows the bot to execute orders and operations asynchronously, which increases trading efficiency and speed.
• ActivateBuy: This parameter specifies whether to activate the buy order when certain conditions are met.
• ActivateSell: Similar to the previous one, this parameter
• LengthJAW, LengthTEETH, LengthLIPS, LengthDECVIATION, CountWARP - These are parameters that define the rules for the bot’s operation.