cBots

Warning! Executing cBots downloaded from this section may result in loss of funds. Use them at your own risk.
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How to install
Tango Trade Optimizer
  4
  5
  4181
by sebnet
free  18 Aug 2016
This cBot will get the most of your winning trades. It will prevent hitting the target while you are surfing a winning trend, without risking the pips you are already earning. When the bid/ask price of the currency you are trading is about to hit the target, this cBot will move the take profit setting a few pips further,  and will put the STOP LOSS a few pips away from the current price. 
TopGrid V1
  13
  5
  2111
free  09 Mar 2022
TopGrid is a simple universal robot. EURUSD, Forex and Commodity. Trend + PipStep + Martingale Grid Trading with Martingale. EURUSD M1 - Try this config: Buy: yes Sell: yes Pip Step: 100 First volume: 1000 Volume exponent: 1.2 (based on your budget, try smaller multiplier, or negative f.x 0.9) Max spread: 10 Average TP: 20 Starting capital: 1000 Euro Pay attention to the configurations if you change financial instrument, remember to test in demo account. Each tool requires attention and study of the graph and behavior to find the correct parameters. Risk is part of your strategy. (Derived from the original code Smart Grid) Have fun. Contact: Telegram @mattiamusiello Alternatives and variants Smart Grid V3 (fork derived from the original code Smart Grid) A slightly modified version with the addition of some parameters, an interesting evolution to test. In my opinion the SL is an obstacle in this strategy since it uses an average calculated for the TP and fixing how many positions to open can be a double-edged sword, but useful for Bots with progressive startup controlled according to your budget. For my 2 cent. Smart Grid V3 Robot | Algorithmic Forex Trading | cTrader Community Power Ranger Robot Another alternative that uses the Grid, a very fun tool on which to play with the parameters with satisfactory results. Good fun. Power Ranger Robot | Algorithmic Forex Trading | cTrader Community Each financial instrument is to be used with caution, remember to use the Demo accounts, for any operational doubts regarding expenses and limits communicated with your Broker. These are my advice on machines for work, any economic loss is personal. All robots must be constantly monitored, markets change often and without warning. Each job requires time, dedication and many trials and many failures. Good luck. Mattia.
RMO Trader
  1
  5
  1643
free  25 Aug 2020
By ForexCove. The RMO Trader keeps you in line with the overall market trend, and works great on any time frame. Inspired by Indian Celebrity Investor, this algo makes use of the Rahul Mohindar Oscilator, which is a lagging indicator. The indicator measures both volume and trend direction. Excellent if you use it on multiple time frames. After installing, you will need to install the indicator also. Download it by clicking here. To learn more visit. www.forexcove.com 
paid  26 Feb 2021
This nifty little tool will allow you to open multiple duplicate orders all at the same time whenever an order is submitted manually or via an automated strategy. DOWNLOAD THIS ROBOT NOW HOW DOES IT WORK? Drag the cBot app onto the chart and press play Set the number of orders you wish to duplicate Press Start and it monitors your trade activity Submit an order with 1k volume, 10 pip stop loss and 10 pip take profit The software automatically creates identical orders with the same symbol, volume, entry price, ST and TP "SLIPPAGE AND EXECUTION OF ORDERS ON A LIVE ACCOUNT CAN AFFECT ENTRY PRICE" DOWNLOAD THIS ROBOT NOW Contact: instant chat group Website: https://clickalgo.com Twitter | Facebook | YouTube | Pinterest | LinkedIn  
Manual Strategy Tester
  1
  5
  1755
free  02 Mar 2021
This cBot allows you to use the cTrader back tester as a manual strategy testing environment, you will be able to test your manual strategies on cTrader back tester. Free Download 7 Day Trial / Buy: https://www.algodeveloper.com/product/manual-strategy-tester/ If you have any question or issue with our product please contact us via our site live chat or if we were offline leave a message, if you post a comment here we will not get any notification and we will not be able to help you.
paid  23 Apr 2022
Multi TimeFrame program uses 5 different strategies based on supports and resistances by calculating the maximum and minimum prices on a certain number of bars on 5 different Timeframes.  The 5 strategies work independently and in each strategy the Buy & Sell parameters are different and work autonomously.  In the event that all the strategies are open with the Buy & Sell operating, there may be a maximum of 10 open positions.  However, the case in which all strategies are used with activated Buy & Sell is rare.  ---------------------------------------------------------------------- Open an account with Gumroad and become an affiliate and start earning by selling our products: Become an affiliate for Active cTrader Bot ---------------------------------------------------------------------- STRATEGIES DO NOT USE ANY GRID SYSTEM OR MARTINGALA  In the markets of the major currencies crosses, Metals, oil and Indices some of them adapt better on Breakout strategies and others on Reverse strategies and you can understand it by doing optimization.  For example, the major currencies cross adapt better on Reverse and mean reverting strategies. American indices such as S&P500 and also the DAX in Europe fit better on Breakout strategies.  Each strategy must be optimized independently of the others. Buy & Sell as well in each strategy must be optimized separately.  However in each strategy there are at most 3 main parameters to be optimized.  DEMO VERSION AVAILABLE  Strategies:   Breakout   Reverse   Reverse On Livel   Trend Breakout   Trend Reverse  Exit Strategies: (All positions are protected with StopLoss)  - Strategy logic exit  - Trail & Strategy  - StopLoss & Breakeven / TakeProfit  - Trend Follow (TakeProfit is floating and is used only as security in case where the bot is no longer controllable due to connection failure or other causes. The position is closed only by the StopLoss which Trails)  - Solo StopLoss & Take Profit  - Solo Trailing (TakeProfit is floating and is used only as security in case where the bot is no longer controllable due to connection failure or other causes. The position is closed only by the StopLoss which Trails)     In each strategy:  - 5 different Timeframes  - Different Parametrs for Long & Short, they work autonomously.  - StopLoss & TakeProfit are automatically assigned (Depending on volatility and volume traded in the book)  - Trailing Stop is automatically assigned.  - 1 single entry strategy  - 6 different exit strategies. Optimization will indicate the best exit strategy.  - Option to Cut DrawDown (when it's appropriate to use)  - Money Management (Position Sizing) on winning and loosing trade.  - Consecutive Losses Protection for BUY / SELL (Separately)    Optimization:  The optimization process, must be done for each strategy excluding the others and separately on a single strategy first Buy and then Sell), on a normal computer, it can take longer (consider that you are working on 5 TimeFrame) but in the end it is worth as you will get very satisfying results and succeeding also to understand where the symbol moves better on Buy (long) or Sell (short) in Breakout or in Reverse. When the optimization of a strategy ends, set aside the best parameters. When has been done for all strategies, manually enter the parameters of each strategy in the bot.   The Trading System has been designed to work at the best on all types of Forex cross currencies, Metals, Oil, Indices, futures and Crypto Currencies.  Pay attention to the Trade volume for each instrument as it changes from Forex to Indices, Metals, Oil, Futures and Crypto Currencies. Some Brokers for CFD give you the opportunity to trade all of them with micro lots. Others use different Lotsize (example for Indices minimum 1 contract, Gold 0.1 / 1 Oz).   In the Trading System, if you enter a wrong value, the Bot will automatically use the minimum tradable volume.  Warning: when trading CFDs (Indices, Futures, Crypto Currencies, Metals) the results can vary widely between one broker and another. The suggestion is to operate on CFDs using the same broker in which the optimization was made.     Backtest and optimization must be done considering the following parameters at best  (lined up in sequence of importance and priority):  - SharpRatio: (which is a reward to risk ratio) minimum value 0.13  - Max Balance Drawdown & Max Equity Drawdown: Max 15% better under 10%. Discard higher values. Rather than earning, you should consider what you can lose. If you don't pay attention to Drawdown, working with a high leverage is very easy to lose the whole capital. With high leverage you can earn a lot compared to the capital but you can also easily drain the whole account. Using Position Sizing (on gain) you can double or triple the earnings and in this case the Drawdown can go up to max 23%. Do it only if it is worth on increasing the gain. To reduce the Drawdown use Position Sizing (on lose) the gain in this case will be slightly reduced.  - Profit Factor: minimum value 1.40 - better if it is higher than 1.50  - Net Profit  - Trades number: all optimizations must be done over a minimum of 8/9 years period to have reliable results. In this period consider at minimum to have more than 500 trades. Total trades must be obtained by adding the trades of all the strategies used. Strategies can obtain a minimum of 50 + trades in one way (Buy or Sell)  - Average Trade: The average earnings for each individual trade. Considering an initial capital of $ 10,000, 200 leverage, ordersize (bet) 0.10 lots (10,000 volume). The Average Trade must be more then 20.00 $ per Trade  P.S .: When you optimize or backtest put Commission to 50 (x million) and Spread to 2 for major Forex crosses and more for minor crosses. This is used to amortize slippage.  - The parameters attached to the bot have been optimized using Pepperstone Broker from 08/02/2011 to 15/03/2020 (with some parameters the Drawdown comes out  higher then 15% because it was worth pushing on the Money Management).  To avoid "Over-Fitting":  - Optimizations and Backtests must be performed for at least 8/9 or more years for reliable results. The optimization done on short periods is not absolutely reliable. Professional traders optimize and backtest their automatic systems using very long periods (10/15/20 years) of data feeds with paid Data Feeds providers. All Brokers who use cTrader platform for Forex give a free set of Data Feeds of about 8/9 years and for CFDs 5/6 years.  - To test if the parameters obtained are robust, do backtests by varying them slightly (do not change "Livel TF" which is the Timeframe).  If you get positive results, even if qualitatively lower than the optimized ones, this means that the parameter set is robust and not "Overfitted".    ---------------------------------------------------------------------- Additional products: HighLow Reverse cBot BBands Trend Follower cBot BIAS Daily Time cBot BIAS Weekly Time cBot HL Rev Break Auto cBot HL TF cBot ----------------------------------------------------------------------  DEMO VERSION: Click Here  Active.cTrader.Bot HomePage   Contacts and information: active.ctrader.bot@gmail.com  ---------------------------------------------------------------------- Open an account with Gumroad and become an affiliate and start earning by selling our products: Become an affiliate for Active cTrader Bot ----------------------------------------------------------------------  
BBands Trend Follower
  10
  5
  926
paid  23 Apr 2022
BBands Trend Follower / cTrader platform - Automatic Trading System New release "BBands Trend Follower 02.21" ---------------------------------------------------------------------- Open an account with Gumroad and become an affiliate and start earning by selling our products: Become an affiliate for Active cTrader Bot ---------------------------------------------------------------------- In the new release we have added and implemented the following parameters: - Strategy Auto Select: with the cBot running, change automatically the strategy (Reverse or Breakout) after a certain number of losses specifying from the parameters after how many losing trades will be applied. - Gap/Spike Protection: It protects against opening "Gaps" and sudden "Spikes" that can generate continuous opening and closing of positions. - Solo SL/TP exit: if selected, it uses StopLoss or TakeProfit as the only exit strategy. - SL/TP & BreakEven: if selected, it helps the main exit strategy or the "Solo SL / TP exit" in bringing the StopLoss above EntryPrice as soon as you are in profit. - Money Management (Position Sizing) on winning and loosing trade. If the previous position was closed with a profit, increase the volume of the next position. If, on the other hand, the previous position was closed at a loss, it decreases the volume of the next position. From the parameters you can set the amount of volume to increase or decrease by specifying after how many losing trades will be applied. Gap/Spike Protection: Opening Gap Spike Equity Line with "Gap/Spike Protection OFF"   Equity Line with "Gap/Spike Protection ON" ---------------------------------------------------------------------------- The Trading System uses Bollinger Bands for volatility, but is used in a different way than usual, with long periods and Standard Deviation from 0.1 to 1 with a weighted moving average (it looks like a river). The Bollinger Bands serve mainly as a filter in entering the market avoiding periods of laterality. cBot can be set as Reverse or Breakout strategy, the optimization will indicate the best strategy for each particular Currencies Cross, indices, Metals, Crypto Currencies. Exit strategy is Trend Follower. This strategy is characterized by more trades in loss of small amounts and less trades in gain with larger amounts, the ratio is 55/60% trades in loss and 45/40% trades in gain. The strategy exploits the evolution of the trend while cutting losing positions if the market moves against. Money Management with Position Sizing on winning and loosing trades. In the event that there is a series of loss trades, Position Sizing (on Lose) is very effective as it reduces the amount of volume (lots) after each losing trade. If you have a series of winning trades the Position Sizing (on gain) increases the volume (lots) quantity after each winning trade. Money Management can be activated or deactivated. STRATEGIES DO NOT USE ANY GRID SYSTEM OR MARTINGALE In the markets of the major Forex Currencies Crosses, Metals, oil, Indices and Crypto some of them adapt better on Reverse/Breakout strategies and you can find it out through optimization. DOWNLOAD DEMO VERSION In the strategy:(All positions are protected with StopLoss) - Select Reverse/Breakout strategy - StopLoss & TakeProfit are automatically assigned. (Depending on volatility and volume traded in the book) - Money Management (Position Sizing) on winning and loosing trade. - Exit Strategy: Trend Follow (TakeProfit is floating and is used only as security in case the bot is no more controllable due to connection failure or other causes. When the Bot is active the position is closed only by the StopLoss which Trails). - As soon as you enter the market if the price moves against your position, the Position is closed before the stop Loss is touched. As soon as the Trend Follower is automatically activated, the position is closed only by the Trailing Stop Loss. The Trading System has been designed to work at the best with all types of Forex Cross Currencies, Metals, Oil, Indices, futures and Crypto Currencies that are sensible to Reverse or Breakout strategies. Pay attention to the Trade volume for each instrument as it changes from Forex to CFD (Indices, Metals, Oil, Futures and Crypto Currencies). Some Brokers for CFDs give you the opportunity to trade all of them with micro lots. Others use different Lotsize (example for Indices minimum 1 contract, Gold 0.1 / 1 Oz). In the Trading System, if you enter a wrong Volume value, the Bot will automatically use the minimum tradable volume. Warning: when trading CFDs the results can vary widely between one broker and another. The suggestion is to operate on CFDs using the same broker in which the optimization was made. Backtest and optimization must be done considering the following parameters at best (lined up in sequence of importance and priority): - SharpRatio: (which is a reward to risk ratio) minimum value 0.13 - Max Balance Drawdown & Max Equity Drawdown: Max 15% better under 10%. Discard higher values. Rather than earning, you should consider what you can lose. If you don't pay attention to Drawdown, working with a high leverage is very easy to lose the whole capital. With high leverage you can earn a lot compared to the capital but you can also easily drain the whole account. Using Position Sizing (on gain) you can double or triple the earnings and in this case the Drawdown can go up to max 23%. Do it only if it is worth on increasing the gain. To reduce the Drawdown use Position Sizing (on lose) the gain in this case will be slightly reduced. - Profit Factor: minimum value 1.40 - better if it is higher than 1.50 - Net Profit - Trades number: all optimizations must be done over a minimum of 8/9 years period to have reliable results. - Average Trade: The average earnings for each individual trade. Considering an initial capital of $ 10,000, 200 leverage, (Forex) ordersize (bet) 0.10 lots (10,000 volume). The Average Trade must be more then 20.00 $ per Trade P.S .: When you optimize or backtest put Commission to 50 (x million) and Spread to 2 for major Forex crosses and more for minor crosses. This is used to amortize slippage. - The parameters attached to the bot have been optimized using ICMarket Broker from 08/02/2011 to 01/03/2020. (with some parameters the Drawdown comes out higher then 15% because it was worth pushing on the Money Management (Position Sizing on gain). Initial capital of $ 10,000, 200 leverage - Forex Currencies: ordersize (bet) 0.10 lots (10,000 volume), Commission 50(x million) and Spread to 2. - BitCoin/USD: ordersize (bet) 0.30 lots, Commission 50(x million) and Spread to 167.   To avoid "Over-Fitting": - Optimizations and Backtests must be performed for at least 8/9 or more years for reliable results. The optimization done on short periods is not absolutely reliable. Professional traders optimize and backtest their automatic systems using very long periods (10/15/20 years) of data feeds with paid Data Feeds providers. All Brokers who use cTrader platform for Forex give a free set of Data Feeds of about 8/9 years and for CFDs 5/6 years. - To test if the parameters obtained are robust, do backtests by varying them slightly (do not change REVERSE/BREAKOUT selection). If you get positive results, even if qualitatively lower than the optimized ones, this means that the parameter set is robust and not "Overfitted".   ---------------------------------------------------------------------- Additional products: Breakout Reverse 5 Strategies Multi-TimeFrame cBot HighLow Reverse cBot BIAS Daily Time cBot BIAS Weekly Time cBot HL Rev Break Auto cBot HL TF cBot ---------------------------------------------------------------------- DOWNLOAD DEMO VERSION Active.cTrader.Bot HomePage Contacts write to: active.ctrader.bot@gmail.com ---------------------------------------------------------------------- Open an account with Gumroad and become an affiliate and start earning by selling our products: Become an affiliate for Active cTrader Bot ----------------------------------------------------------------------            
paid  23 Apr 2022
New release "BIAS Daily Time 2.21" Chart on Daily TimeFrame In the new release we have enhanced Money Management (Position Sizing) with the ability to reduce the amount of volume in consecutive losses by choosing the number of losses and how much the volume should be reduced. Money Management is applied differently on Buy / Sell and optimization must be done separately for Buy / Sell for each day of the week. ---------------------------------------------------------------------- Open an account with Gumroad and become an affiliate and start earning by selling our products: Become an affiliate for Active cTrader Bot ---------------------------------------------------------------------- This protection is particularly suitable in case of high volatility due to global political and macroeconomic factors where prices can undergo strong fluctuations creating considerable volatility by upsetting the natural price trend that creates the possibility of exploiting the market BIAS. The general optimization must be done by leaving the default values for StopLoss / TakeProfit and excluding the Money Management then optimize the basic parameters (Start hour / minutes, Stop hour / minutes, variables) for the first day of the week (Monday) for Buy and then for Sell. When the basic parameters are optimized, using the same parameters proceed to optimize the Money Management separately (Buy / Sell). To speed up optimization we advise you to open a new cTrader instance in "Settings / Startup / Multiple profiles / Create new profile" where on one you optimize Buy and the other Sell on the same day of the week. Once you have optimized all days of the week (Monday to Friday), including Money Management, enter the values obtained on all days in the cBot and then optimize StopLoss / TakeProfit, (it will only take a few minutes). BIAS Daily Time cBot cTrader Platform Trading System based on BIAS Strategy Intraday. This strategy is characterized by very low DrawDowns from 1 to 5% maximum. The "Bias" is a recurring / repeated inefficiency of the market from which we can take advantage. A Bias is an inefficiency that reappears on the market with a certain systematicity: it can be linked to specific time slots, or to certain days of the week, but it can also extend to several weeks, and in these cases we are talking about seasonal trends. It is a fairly simple analysis to conduct, but it can give very useful information, both to the discretionary trader and to the systematic trader. The "Bias Daily Time cBot", through the optimization on daily time bands, analyzes the market of a specific Forex Currency Cross, CFDs (Indices, Futures, Crypto Currencies, Metals ...), to identify the presence of Bias and detecting the repeated trend over time of a symbol going Short / Long in a daily time slot on a particular day of the week. The Advantages to operate IntraDay are more than one: - the higher frequency of operations (which are able to intercept minor but more frequent trends compared to a Multi-Day strategy). - the possibility of working with tighter stops and managing the position more precisely. - less exposure to upcoming external events due to global macroeconomic factors that can hit the overnight market and create discontinuity in prices. - up to a more efficient use of the available capital, being able to "fit together" strategies that work at different times of the day during the days of the week. THE STRATEGY DO NOT USE ANY GRID SYSTEM OR MARTINGALA DEMO VERSION AVAILABLE Each days of the week must be optimized independently. Buy & Sell as well in each day must be optimized separately. In the strategy: - Use Daily TimeFrame - UTC Time (time zone): Date and time are based on "Utc Server Time". UTC (country time difference) can be set from the parameters section from -12 to +14 - Daylight saving time (where applied) is set automatically. - Different Parameters for Long & Short, they work autonomously. - Automatic adjustment for opening / closing time: During the optimization process if the opening time is greater than the closing time the last one will be moved towards the maximum allowed closing time. The same for CFDs for opening hours. - Symbol Market Hours (Open / Close): for CFDs (Indices, Futures, Crypto Currencies, Metals ...) are already set up for ICMarket and Pepperstone brokers. By sending us an email we can set them up for different brokers. - StopLoss & TakeProfit can be set as Price or Equity percentage. The optimization process will choose the percentage that best suits the price range of the analyzed symbol. - 4 indicators to filter market entry: MACD Crossover, Triangular Mov. Average, SMA_TRMA_Ind, Sma_Bull_Bear_Ind. (The last 2 indicators are setted for Daily TimeFrame and will be downloaded together with the cBot) - 18 variable combinations, using indicators, to filter market entry. From -7 to 10. Negative numbers indicate a reversal bias (mean reverting propensity). With the variable set to 0 (zero) all filters are excluded and the cBot will only work on the time bands. The optimization process will choose the filters that best suit the analyzed symbol. - Optimization Criteria (GetFitness), you can set it to "Custom" with the following Criteria: NetProfit SharpeRatio ProfitFactor/ minimize MaxEquityDrawDownPercentage TotalTrades AverageTrade - Money Management on winning and loosing trade (Position Sizing). Pay attention to the Trade volume for each instrument as it changes from Forex to Indices, Metals, Oil, Futures and Crypto Currencies. Some Brokers for CFD give you the opportunity to trade all of them with micro lots. Others use different Lotsize (example for Indices minimum 1 contract, Gold 0.1 / 1 Oz). In the Trading System, if you enter a wrong value, the Bot will automatically use the minimum tradable volume. Warning: when trading CFDs (Indices, Futures, Crypto Currencies, Metals) the results can vary widely between one broker and another. The suggestion is to operate on CFDs using the same broker in which the optimization was made. Backtest and optimization must be done considering the following parameters at best  (lined up in sequence of importance and priority): - SharpRatio: (which is a reward to risk ratio) minimum value 0.13 - Max Balance Drawdown & Max Equity Drawdown: Max 8/9% better under 5%. Discard higher values. Rather than earning, you should consider what you can lose. If you don't pay attention to Drawdown, working with a high leverage is very easy to lose the whole capital. With high leverage you can earn a lot compared to the capital but you can also easily drain the whole account. Using Position Sizing (on gain) you can double or triple the earnings and in this case the Drawdown can go up to max 10%. Do it only if it is worth on increasing the gain. To reduce the Drawdown use Position Sizing (on lose) the gain in this case will be slightly reduced. - Profit Factor: minimum value 1.40 - better if it is higher than 1.50 - Net Profit - Trades number: all optimizations must be done over a minimum of 8/9 years period to have reliable results. In this period consider at minimum to have more than 400 trades adding up all the Long and Short trades of all the days of the week involved. - Average Trade: The average earnings for each individual trade. Considering an initial capital of $ 10,000, 200 leverage, ordersize (bet) 0.10 lots (10,000 volume). The Average Trade must be more then 20.00 $ per Trade. Considering that the strategy works on intraday with a few hours in the market, very low DrawDowns are obtained with averagetrades very often below $ 20 per trade. Using Money Management (Position Sizing) the AverageTrade will be raised to values above $ 20 per trade. P.S .: When you optimize or backtest put Commission to 50 (x million) and Spread to 2 for major Forex crosses and more for minor crosses and CFDs. This is used to amortize slippage. - The parameters attached to the bot have been optimized using ICMarket Broker (Forex from 08/02/2011 to 31/10/2020) (with some parameters the Drawdown comes out higher because it was worth pushing on the Money Management). To avoid "Over-Fitting": - Optimizations and Backtests must be performed for at least 8/9 or more years for reliable results. Optimization done on short periods is not absolutely reliable. Professional traders optimize and backtest their automatic systems using very long periods (10/15/20 years) of data feeds with paid Data Feeds providers. All Brokers who use cTrader platform for Forex give a free set of Data Feeds of about 8/9 years and for CFDs 5/6 years. - To test if the parameters obtained are robust, do backtests by varying them slightly. If you get positive results, even if qualitatively lower than the optimized ones, this means that the parameter set is robust and not "Overfitted". ---------------------------------------------------------------------- Additional products: Breakout Reverse 5 Strategies Multi-TimeFrame cBot HighLow Reverse cBot BBands Trend Follower cBot BIAS Weekly Time cBot HL Rev Break Auto cBot HL TF cBot ---------------------------------------------------------------------- DEMO VERSION: Click Here  Active.cTrader.Bot HomePage   Contacts and information: active.ctrader.bot@gmail.com  ---------------------------------------------------------------------- Open an account with Gumroad and become an affiliate and start earning by selling our products: Become an affiliate for Active cTrader Bot ----------------------------------------------------------------------      
paid  03 Feb 2021
Download Link: cTrader Risk/Reward Management cBot   I have created an indicator for risk and reward management, but that’s an indicator so can’t open the order, at this post, I will introduce a cBot version and you can open the order base on the stop-loss, take-profit and risk amount setup. We can take a look the cBot screen capture: It’s almost the same as the indicator but with a few more features! In this cBot, you can create a new order, add the comments and set whether want to use the trailing stop. I will describe the following functions and usage in detail: Base Buttons: Buy This is the buy order, so the stop-loss should be less than the entry price, and the take-profit greater than the entry price.   Sell This is the sell order, so the stop-loss should be greater than the entry price, and the take profit less than the entry price. When you click the “Sell” button, the cBot will auto calculate the SL & TP and change them   Buy Stop This is the buy stop order, that’s mean you can set an entry price above current price and wait for the market to reach it. It will auto open the buy order when the market reaches it. It’s useful when you want to open orders when the market breakout.   Sell Stop This is the sell stop order, it’s the same as a buy stop order, but just wait for the market to fall down to your setup price and open a sell order.   Hide This can hide the panel, when you want to see more chart information and you can hide the panel.   Create Order Create the order base the above setting values   Risk and reward values: You can change all of these values just edit the input. When you change the values, the edit button(Pencil icon) will be enabled, after you changed you need to click the button to update the values. The cBot will auto calculate other related values base on your update: Volumes Setup how many volumes do you want to take in this order.   Stop Loss Setup the stop-loss price, it will auto-update the Risk/Reward Rate and Volumes (base on risk amount), you also can drag the stop-loss line(default is green) to update it.   Take Profit Setup the take-profit price, it will auto-update the Risk/Reward Rate, you also can drag the take-profit line(default is red) to update it.   Risk/Reward Rate Setup the risk and reward rate, for example, set the value to 2, which means the take-profit pips will be double with stop-loss pips. It will auto-update the Take Profit value   Risk Amount Setup the amount you want to take in this order, which means the money you will lose if this trade is failed, this is a very important part to control your money in your trading. This is a fixed amount value by default, if you tick “Use Percentage“, it will calculate the percentage base on your account balance value.   Has Trailing Stop Setup whether to use the trailing stop in this order. It will use the cTrader default trailing stop feature.   Comments Setup the comments for this order. It will auto mark the current time frame and risk/reward rate value in comments if you didn’t input anything.   The Parameters Panel alignment Setup the default position for cBot panel. You also can setup the shortcut key for move the panel Style Settings Setup the SL,TP and entry price line’s color RS Management Setup the default values when startup the cBot In the end, this cBot is not free, I just only charge a small fee so that I can create more better indicator or cBot in the future. So, if you like it, please purchase it, thanks for your support  Download Link: cTrader Risk/Reward Management cBot    
free  04 Mar 2021
OrglobalFx_Simple_Waddar_cBOT_v1_1 with breakeven orglobalng@gmail.com Reference from Waddah Attah Exploasion  https://ctrader.com/algos/indicators/show/2609   Logic Update:  Buy =  Histogram (Green) > Explosion Line (Yellow)  for the Last Bar  Sell = Histogram (Red) > Explosion Line (Yellow)   for the Last Bar     Note: Discovered that the previous version wasn't picking trades accurately.                                                   Features: Different calculations Breakeven trigger added with trailing stop(trails the prices at breakeven).
free  21 Mar 2021
Trailing Stop  Take Profit (1,2,3,4) Break Even
free  02 Jun 2021
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