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Alpha Assassin

Alpha Assassin: Unveiling the Expert Advisor that Transforms Your Trading

Greetings, fellow traders and enthusiasts! Welcome to the dynamic realm of "Alpha Assassin." In this detailed exposition, we will navigate through the intricacies of this Expert Advisor (EA),  crafted for the MetaTrader 4 (MT4) trading platform.

The reason the expert advisor only opens "Buy Stop" orders is because of the specific breakout strategy I’ve implemented to take advantage of upward price movements. Here’s a detailed explanation:


Breakout Strategy:


"Buy Stop" orders are set to buy at a price higher than the current market price. This type of order allows us to enter a trade only when the price surpasses a certain resistance level, indicating a genuine breakout to the upside. It’s a tactic aimed at capturing significant upward price movements.

Entry Conditions:


The "Buy Stop" is placed above the current price to ensure we enter a position only if the market confirms the upward movement. This approach minimizes the risk of false signals and allows us to ride upward trends only when they are genuinely supported by market momentum.

Risk Management:


Using "Buy Stop" orders helps reduce the risk associated with sideways or sudden downward price movements. Essentially, we enter the trade only if the price reaches and exceeds the predefined breakout level, meaning we are following a strength signal in the market.

Market Adaptation:


The Alpha Assassin is designed to dynamically adapt to market conditions such as spread and volatility. This means that orders are placed only when conditions are favorable, increasing the chances of a successful entry.

In summary, the approach based solely on "Buy Stop" orders is a deliberate choice I made to ensure the system can best capitalize on growth opportunities in the markets while minimizing the risk of premature or unreliable entries.


I hope this explanation helps!



RECOMMENDED PAIR : 

GBP/USD;EUR/USD,XAU/USD

RECOMMENDED TIMEFRAME: 

5 MINUTES


Limited-time Special Opportunity:




*Promotional Price:  $149 The price will increase by $200 with every 10 purchases

Take advantage of this limited-time opportunity! Be among the first 10 purchasers  (Purchasing 12/20) to secure this unique offer, and not only will you gain access to a top-tier trading algorithm, but you'll also benefit from an exclusive discount. Act now; this could be your ticket to trading success with just a few clicks. Don't wait; seize this chance to elevate your trading experience! Note: This offer is exclusively available to the first 10 purchasers. Don't miss out on this one-of-a-kind opportunity!


Get Ready for a New Era of Automated Trading!

Have you ever imagined having an expert ally to support in the market opportunities without being tethered to your computer screen for hours? Well, "Alpha Assassin" is here to bring that wish!


Enhance Your Strategy with Price Action-Based Trading!

"Alpha Assassin" goes beyond being just an Expert Advisor; it’s a dependable companion in your pursuit of trading . With a well-defined strategy, precise risk management, and robust trailing stop functionality, this EA is designed to assist you in reaching your goals in the trading world. Take charge of your trading with "Alpha Assassin" and explore the potential you’ve always sought.


One notable feature of "Alpha Assassin" is its focus on risk management. The EA enables you to set your desired risk level and automatically calculates lot size based on your capital and risk profile, providing full control over your capital and guarding it against market fluctuations.


Spot Opportunities in Both Trending and Expanding Markets!

The mission of "Alpha Assassin" is clear: optimize trading outcomes . This EA adopts a dynamic approach to identify trading opportunities, using specific criteria for opening and closing positions. The primary objective is to ensure every trade is executed with care and precision, removing uncertainties.


Customize It to Your Preferences with Customizable Input Parameters!

  • Stop Loss: The trailing stop loss value in pips. Determines the pip distance between entry price and stop loss price for each trade. This is a critical parameter for risk management.
  • Trailing Stop: The trailing stop value in pips. Defines the trailing stop level for open positions. The trailing stop follows the market price and is used to protect profits and limit potential losses
  • Time Gap: The maximum allowed time difference between trade entry and trailing stop activation. Enforces a time limit for trailing stop activation after opening a position. This helps avoid premature trailing stop activation.
  • MaxSpread: The maximum difference between Bid and Ask prices in pips for trade execution. Limits the opening of new trades when the spread exceeds this value. This is important to avoid trading in illiquid market conditions or with high spreads.
  • Manual Lot Size: Manual lot size. Allows the trader to manually specify the lot size for each trade. Can be used to execute trades with fixed lot sizes.
  • Money Management: Enables or disables money management. If enabled, money management automatically calculates lot size based on user-specified risk and account balance. If disabled, manually specified lot size is used.
  • Risk: Risk associated with lot sizes (percentage of own capital). Determines the risk percentage based on the account balance. Money management calculates the lot size to limit risk to this percentage of the account balance.
  • Security Mode: Enables or disables security mode. When activated, security mode adjusts some settings for more conservative trading management. For example, it may increase the required pip number for entering a trade.
  • Magic: The magic number associated with orders opened by the EA. This magic number is used to identify orders opened by the Expert Advisor. It’s useful if you want to use multiple instances of the EA on a single account and keep track of orders associated with each instance.

Recommended Brokers:

We strongly recommend using regulated brokers to ensure a safe and reliable trading environment.

"Alpha Assassin" is compatible with various brokers; we highly recommend brokers with low spreads and slippage.


Recommended VPS:

To ensure uninterrupted operation of your Expert Advisor, we highly recommend using a Virtual Private Server (VPS) service. These services enable your algorithm to run 24/7, ensuring a stable connection and reduced latency. It’s a dependable choice for traders seeking quality VPS hosting based on compatibility with their broker.


"Alpha Assassin" is an  intuitive Expert Advisor (EA), suitable for lower timeframes with various currency pairs.


Disclaimer:

Trading involves inherent risks, and past performance is not indicative of future results. Exercise caution and conduct thorough research before engaging in any trading activities. Alpha Assassin is a powerful tool, but prudent risk management is essential for long-term success in the financial markets.


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Experts
Statistics on a real account since 2020 Backtest for the last 13 years Low drawdown strategy Multi-currency algorithm Compatible with any broker Proven drawdown control system Trading on a real account since 2020 : Click Here Trading on USDCAD, EURGBP, GBPUSD, EURUSD: Click Here Trading on EURGBP: Click Here Trading on GBPUSD: Click Here Full backtests of the FXMachine EA are available for download here: Click Here About us: The development and support of FXMachine and our other robots
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samson_trader 2023.09.21 14:27 
 

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Yuri Congia
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Reply from developer Yuri Congia 2023.09.21 16:20
Thank you for your comment! We appreciate your observation and your patience. You've raised an important point about the conditions for opening trades. Indeed, The expert advisor is designed to work in both environments, in the tester and in real-life trading. However, as you're aware, the financial market is notoriously volatile, and conditions can change rapidly. Sometimes, even if the expert advisor performs perfectly in the tester, it may not find suitable trading conditions in real-time. We will continue to work diligently to improve our expert advisor and ensure optimal trading conditions. In the meantime, please keep an eye on its performance and feel free to reach out if you have further questions or observations. Your feedback is incredibly valuable to us as we strive to provide better service. Thank you once again for your understanding and your trust in us!
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