"DragonXAU2V2" logo
DragonXAU2V2
0.0
23/08/2025
2
Desktop, Mobile, Web

Free Demo at https://ctrader.com/products/1729


This is an automated grid trading cBot that applies a Martingale-style money management system. It builds a series of positions in one direction (buy or sell) and increases lot size according to user-defined rules. The bot closes all positions once the profit target is achieved or risk thresholds are reached.

⚙️ Parameters

  1. Quantity (Lots)
    • Initial trade size for the first order.
    • Example: 0.01 = micro lot.
  2. Trade Side
    • Direction of trading: Buy or Sell.
    • The bot will only open positions in this selected direction.
  3. Step (pips)
    • The minimum pip distance between consecutive grid positions.
    • Example: 1100 means a new position is opened if price moves 1100 pips away from the last entry.
  4. Target Profit
    • The profit threshold (in account currency) where all open positions will be closed.
    • Example: 8 means once combined profit of all trades ≥ 8 units of account currency, the grid closes.
  5. Lot Multiplier
    • Multiplier applied to lot size for each new position (Martingale principle).
    • Example: 2 → if first lot = 0.01, the second = 0.02, the third = 0.04, etc.
  6. Stop Equity
    • Equity level (in account currency) below which all positions will be closed and trading stops.
    • Example: 0 disables this; 1000 means if equity drops below 1000, all positions close.
  7. Max Lots
    • Maximum allowed trade size for any single position.
    • Prevents uncontrolled lot growth under Martingale.
  8. Max Spread
    • Maximum allowed spread (in pips) to open new positions.
    • If current spread exceeds this value, the bot will not trade.
  9. Label
    • Identifier for the bot’s positions.
    • Useful when running multiple cBots simultaneously to distinguish trades.


✅ Key Features

  • Automatic grid trading with Martingale money management.
  • Profit targeting: closes all positions once net profit is reached.
  • Equity protection: stops trading when account equity falls below Stop Equity.
  • Spread filter: avoids trading in poor market conditions.
  • Customizable risk & volume control via Lot Multiplier and Max Lots.

Disclaimer: Grid/martingale strategies carry substantial risk. Use at your own discretion and always validate settings on historical data and in demo before going live.

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