Wave Pulse Bot is an automated trading bot for the cTrader platform that operates based on market structure analysis. It identifies swing highs and lows to detect Break of Structure (BOS) and Change of Character (CHoCH) events, enabling users to trade trend continuations, reversals, or both. The bot uses a configurable bar lookback to confirm swing points and can filter minor moves using Average True Range (ATR) volatility to focus on significant structure shifts.

Trade entries can be set for long, short, or both directions, with control over the maximum number of open positions and the option to close trades on opposite signals. Position sizing supports fixed lot sizes or percentage risk per trade. Stop loss and two take-profit levels are dynamically set using ATR multipliers, adapting to market volatility. After reaching the first target, the bot can partially close positions and move stops to breakeven with an optional buffer, employing ATR-based trailing stops to protect profits.

An optional on-chart panel displays trading status, bias, signals, open positions, daily profit and loss, and win rate. Alerts via sound, email, and webhook notify users of entries and first take-profit hits. The bot is designed for traders seeking a systematic, structure-based approach with transparent settings and risk management. It supports market breakout strategies with a scalping style on 5-minute charts using market orders.