The cTrader Fibonacci Trading cBot is a powerful and customizable tool designed to enhance your trading experience by automating position entries based on Fibonacci retracement and expansion levels. This cBot calculates optimal lot sizes and manages trades efficiently, allowing you to focus on strategic decision-making.

Important Note: Users must draw the Fibonacci objects themselves. The cBot does not automatically create Fibonacci retracement or expansion levels. Think of this cBot as an advanced pending orders system for Fibonacci objects.

Key Features:

• Automated Lot Size Calculation: Determines the appropriate lot size for each trade based on your specified risk parameters.
• Flexible Risk Management: Choose from three risk types:
• • Fixed Lot Size: Set a consistent lot size for every trade.
  • Monetary Amount: Risk a specific amount of money per trade.
  • Account Balance Percentage: Allocate a percentage of your account balance for each position.
• Comprehensive Fibonacci Support: Operates seamlessly with both Fibonacci Retracement and Expansion tools to identify optimal entry points.
• Robust Safety Features:
• • Backup Stop Loss/Take Profit: Ensures positions are protected with predefined exit points.
  • Gapped Entry Level Control: Option to enable or disable entries at gapped price levels for precise execution.
• Visual Enhancements:
• • Infinite Fibonacci Level Lines: Automatically extends Fibonacci lines across the chart for better visualization.
  • Deal Map Visualization: Displays a map of positions opened by the cBot directly on the chart.
• Versatile Position Types: Select between Continuation or Reversal trade types to align with your trading strategy.
• Dynamic Take Profit Placement: Set take profit levels at preferred Fibonacci levels, or allow the cBot to determine the optimal point between the Fibonacci start and entry price.
• Real-Time Alerts: Stay informed with notifications via Telegram, email, and sound alerts. The cBot can also send chart screenshots to your Telegram account.
• User-Friendly Interface: Despite its advanced capabilities, the cBot is designed for ease of use, with a straightforward setup process.
• In-Chart User Guide Access: Access the comprehensive user guide directly from the chart by clicking on a small button, providing instant assistance and information.

Enhance your trading efficiency and precision with the cTrader Fibonacci Trading cBot, a tool that combines advanced functionality with user-centric design.