ChemenToTheMoon
It's an automated system developed for cTrader (cAlgo), designed to detect market reversal points using a combination of Bollinger Bands, RSI, EMA, and Momentum.
Its logic aims to capture explosive price movements when the price breaks through extreme volatility zones, while managing risk with integrated professional tools.
Key Features:
โ Single or Grid Mode: Operate with a single entry or multiple configurable layers.
๐ฏ Automatic Break Even and Trailing Stop: Dynamic risk management to protect profits. (Configurable)
๐ Trend and Strength Filters: EMA + RSI + Momentum to validate signals. (Configurable)
๐ Active Trade Control: Configurable maximum limit to prevent overexposure.
๐น Adjustable Parameters: Fixed lot size, TP/SL in pips, maximum spread, and grid divider.
๐น๏ธ Flexible Configuration: Adapts to any symbol or timeframe.
๐งฉ Strategy:
The robot looks for opportunities when the price touches the extremes of the Bollinger Bands, confirmed by RSI and Momentum readings, filtered with a trending EMA.
It detects overbought or oversold conditions to open reversal trades with a high risk/reward ratio.
โ ๏ธ Recommendations:
Suggested timeframes: M5
Ideal for (AUD/CAD, GBP/USD).
It is recommended to optimize parameters according to the asset.
Suggested minimum capital: $150
Past performance is not indicative of future results.
Trading involves the risk of losing capital.
๐ผ Includes:
-Complete source code (.cs) for cTrader.
-Fully configurable parameters.
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