Descripción
Triangle Breakout cBot
Triangle Breakout cBot is an automated trading robot for cTrader designed to detect and trade ascending and descending triangle breakout patterns.
The cBot analyzes price structure using configurable candle blocks, level-touch tolerance, minimum touches and market compression. When a valid breakout is detected, it automatically opens a position in the breakout direction and calculates the trade volume according to the selected account risk percentage.
Main Features
- Ascending triangle breakout detection
- Descending triangle breakout detection
- Configurable pattern length and level tolerance
- Minimum level-touch confirmation
- Optional price-compression confirmation
- Automatic position sizing based on account risk
- Configurable reward-to-risk ratio
- Stop loss based on the triangle structure
- Adjustable stop-loss buffer
- Minimum and maximum stop-loss limits
- Maximum margin-usage protection
- Optional volume filter with minimum and maximum volume multipliers
- Maximum trade-duration control
- Maximum consecutive-loss protection
- Configurable cooldown period after a losing streak
- Two configurable no-trading days
- Automatic order-retry system
- Protection that closes positions without a valid stop loss
- Independent control for long and short patterns
The cBot provides flexible parameters, allowing traders to adapt the strategy to different symbols, timeframes and market conditions.
This product is supplied as a compiled cTrader .algo file. Source code is not included.
Trading involves risk. Historical or backtest performance does not guarantee future results. Always test the cBot on a demo account before using it with real funds.
