Wave Pulse Bot — Structure breaks with clear risk management

Wave Pulse is an automated cTrader bot built around market structure. It detects swing highs and lows and reacts to Break of Structure (BOS) and Change of Character (CHoCH). You choose whether to trade trend continuations, reversals, or both — without stacking dozens of indicators on your chart.

How it works

The bot identifies confirmed swing points using a configurable bar lookback (“Bars Between Peaks”). Optionally, it filters out minor moves using volatility (ATR), so only meaningful structure shifts count. When price breaks relevant structure, a signal is generated — with a cooldown between trades to reduce overtrading on noisy bars.

Entries & direction

You can allow long trades, short trades, or both, and set how many positions may be open at once. Optionally, the bot can close existing trades when an opposite signal appears. That gives you control over trade frequency and exposure.

Money management

Position size is calculated either with a fixed lot size or percentage risk per trade. Stop loss and both take-profit levels use ATR multipliers, so distances adapt to current market volatility. After the first target is hit, a partial close (e.g. 71%) can lock in profit; the stop can move to breakeven with an optional buffer. ATR trailing after TP1 helps protect open profit in trending moves.

Overview & alerts

An optional on-chart panel shows status, bias, last signal, open positions, daily P&L, and win rate. Sound, email, and webhook alerts notify you on entries and TP1 hits — useful if you are not watching the chart all day.

Who is it for?

Traders who want a systematic, structure-based approach with readable settings, ATR-based risk, and transparent logic. Test and optimize on demo before going live.

Disclaimer: Trading involves risk of loss. No bot guarantees profits. Use responsible risk sizing and only capital you can afford to lose.