Alpha Assassin

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.

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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!

"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.

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.

• 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.

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.

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.