This automated trading bot, created with AlgoBuilderX for the cTrader platform, implements an Order Block Hedging Strategy. It identifies "order blocks" by analyzing strong price movements using the Price Rate of Change (ROC) indicator, which measures percentage price changes over a set interval. The strategy detects previous candles of the opposite color to the impulsive move to define the order block and draws a horizontal line on the chart. Trades are opened when the price reaches this line. The bot uses fixed stop loss and take profit levels, with take profit set as a percentage of the stop loss to maintain a fixed risk ratio.

Key parameters include Buy Sens and Sell Sens, which set the target ROC values for identifying order blocks. Higher absolute values focus on more significant price movements, while lower values capture less pronounced moves. Default settings (0.28 for Buy Sens and -0.28 for Sell Sens) are optimized for the H1 (one-hour) timeframe, which is the recommended timeframe for running this bot.

This cBot serves as a demonstration example illustrating AlgoBuilderX’s capabilities and is intended as a starting point for custom strategy development. Users can import, view, edit, and export the project within AlgoBuilderX. Testing and optimization are advised before live deployment.