Alpha Pulse EA #047

Alpha Pulse EA #047

Expert Advisor WQN SOFTWARE
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  • Alpha Pulse EA #047

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  • Alpha Pulse EA — User Guide
  • 1. Overview
  • Alpha Pulse EA is a MetaTrader 5 Expert Advisor that combines:
  • • Stochastic Oscillator for timing entry signals,
  • • Momentum as a strength filter, and
  • • Bollinger Midline (Moving Average) for trend bias.
  • It uses ATR to set Stop Loss and Take Profit dynamically, and includes advanced trade
  • management with trailing stop and break-even features.
  • 2. Entry Logic
  • • Buy Conditions:
  • o Stochastic %K crosses above %D,
  • o Price closes above Bollinger Midline (MA filter),
  • o Momentum > MomentumFloor (default 100.2).
  • • Sell Conditions:
  • o Stochastic %K crosses below %D,
  • o Price closes below Bollinger Midline,
  • o Momentum < (200 - MomentumFloor) (default 99.8).
  • 3. Trade Management
  • • Stop Loss (SL) = ATR × SL_ATR_Multiplier (default ×2).
  • • Take Profit (TP) = ATR × TP_ATR_Multiplier (default ×3).
  • • Trailing Stop: Adjusts SL using ATR × Trail_ATR_Multiplier.
  • • Break-even: Moves SL to entry price when price reaches MinRRforBE.
  • • One Trade per Symbol: Prevents overtrading (optional).
  • 4. Inputs (Parameters)
  • General
  • • MagicNumber: Unique ID for trade tracking.• FixedLot: Static lot size (used if RiskPercent = 0).
  • • RiskPercent: Risk per trade (% of balance, lot auto-calculated).
  • • MaxSpreadPoints: Spread filter (in points).
  • Stochastic
  • • StoKPeriod, StoDPeriod, StoSlowing: Standard parameters.
  • • Overbought (default 80), Oversold (default 20).
  • Momentum
  • • MomentumPeriod: Default 14.
  • • MomentumFloor: Buy if > floor, Sell if < (200 - floor).
  • Bollinger Midline
  • • BBPeriod: Default 20.
  • • BBMethod: MA method (default SMA).
  • • BBPrice: Applied price (default Close).
  • ATR / Trade Control
  • • ATRPeriod: Default 14.
  • • SL_ATR_Multiplier: Default 2.0.
  • • TP_ATR_Multiplier: Default 3.0.
  • • UseTrailing: Enable trailing stop.
  • • Trail_ATR_Multiplier: Default 1.5.
  • • UseBreakEven: Enable break-even.
  • • MinRRforBE: RR threshold for break-even.
  • Execution Filters
  • • TradeLongs, TradeShorts: Allow Buy/Sell.
  • • TradeOnNewBarOnly: Prevents intrabar noise (recommended: true).
  • 5. Usage Recommendations
  • 1. Chart Timeframes: Works best on M15–H1.
  • 2. Pairs: EURUSD, GBPUSD, XAUUSD, and other liquid assets.
  • 3. Optimization: Adjust MomentumFloor, ATR multipliers, and Stochastic levels for each
  • pair/timeframe.
  • 4. Risk Management: If you use RiskPercent, start with 1–2% per trade.
  • 5. Backtesting: Always test before live trading.6. Example Presets
  • EURUSD M15
  • • StoKPeriod: 14 / StoDPeriod: 3 / Slowing: 3
  • • MomentumFloor: 100.3
  • • ATR SL Multiplier: 2.0, TP Multiplier: 3.0
  • • Trailing: Enabled (1.5× ATR)
  • • Risk: FixedLot 0.10 or 1% RiskPercent
  • XAUUSD H1
  • • StoKPeriod: 21 / StoDPeriod: 3 / Slowing: 3
  • • MomentumFloor: 100.5
  • • ATR SL Multiplier: 2.5, TP Multiplier: 4.0
  • • Trailing: Enabled (2.0× ATR)
  • • Risk: 0.05 lot or 1% risk

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