Description
I am an enthusiastic coder. My first robot that I published to cTrader was in 2019. Since then, I have built my business to offer complex, high-quality robots and coding services to traders. If you have any questions about my products, don't hesitate to ask!
The package includes all adjustable parameters and set files as well. I am going to send you the sets after the purchase.
I highly recommend everyone to make their own set files for the robot, this is the reason why I left absolutely all the parameters adjustable for the money management, full entry strategy and exit strategies.
Recommended broker with my cBots: Pepperstone
Strategy:
Our strategy is a fusion of time-tested trend-following methods and cutting-edge data analysis. It leverages key factors like correlation and risk-reward ratios, incorporating a proprietary candlestick pattern created by artificial intelligence. This unique pattern combines elements of Engulfing patterns and Doji candles, presenting an entirely new Price Action approach not utilized by major financial institutions or hedge funds. The formula is the exclusive property of our dedicated research team.
Features
- Trailing Stop Loss
- Max Spread Filter
- Friday Close Option
- Dynamic Exit Feature
Currency Pairs
The system uses a trailing stop loss with is configurable in the cBot settings, this will trigger after (x) pips and follow (x) pips behind the price locking in the profit until it closes.
GBPUSD H1, H4, D1, EURUSD H1, H4, D1, NZDUSD H1, H4, D1, USDCAD H1, H4, D1, USDJPY H1, H4, D1
Stop Loss & Take Profit Calculation
Stop Loss pips (SLPips) allows traders to define the maximum amount of loss they are willing to incur on a trade. By setting this parameter, traders can mitigate risk and protect their investment capital. This feature empowers traders to establish clear boundaries, ensuring that losses are controlled within predefined limits.
Additionally, the Take Profit based on Stop Loss percentage (TPPct) parameter offers traders a strategic approach to profit-taking. This feature allows traders to set a percentage of their Stop Loss as the Take Profit level. By doing so, traders can capitalize on favorable market movements while safeguarding profits.
Together, these parameters form a robust money management strategy that promotes discipline, risk management, and profitability. Whether you’re a seasoned trader or new to the market, our platform’s money management method provides a valuable tool to optimize your trading performance.
Summary
The cBot supports multiple currency pairs including GBPUSD, EURUSD, NZDUSD, USDCAD, and USDJPY across H1, H4, and D1 timeframes. Key features include a configurable trailing stop loss that locks in profits by following price movements, a maximum spread filter, an option to close trades on Fridays, and a dynamic exit mechanism.
Risk management is customizable with adjustable stop loss pips and take profit levels set as a percentage of the stop loss, enabling disciplined money management. All parameters related to money management, entry, and exit strategies are fully adjustable, allowing users to create personalized set files. The developer recommends using Pepperstone as the broker for optimal compatibility. The package includes all adjustable parameters and set files, which are provided after purchase.
Discussion
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