Description
rendFollowingGrid_NoHedge is a cTrader automated trading bot designed for disciplined, trend-aligned grid trading without hedging exposure. It follows market direction using a higher-timeframe EMA filter, scaling into positions using configurable grid spacing and volume multipliers while eliminating opposite trade hedges for clean directional exposure.
Built-in equity-based Net Profit & Max Loss protection stops the bot automatically when target gains or risk limits are reached โ no floating drawdown surprises or basket TP dependencies. Each trade uses dollar-based TP & SL, ensuring fixed outcome goals independent of price volatility.
Perfect for traders who want trend-respecting grid execution, expanding positions as the market pulls back, while maintaining account safety with equity locks and no hedge clutter.
โญ Key Highlights
- ๐ EMA Trend Filter โ Only trades in market direction
- ๐ Grid Expansion Logic โ Adds positions at pip-based intervals
- ๐ต Dollar-Based SL/TP โ Consistent risk per trade
- ๐ซ No Hedging โ Only single-direction exposure
- ๐ง Equity Protection โ Auto-stop on Net Target Profit or Max Loss
- ๐ Trend Flip Reset โ Clears grid and re-aligns with new trend
Risk Disclaimer
Trading involves risk. Past performance does not guarantee future results.
Summary
Key features include dollar-based stop loss and take profit per trade, ensuring consistent risk management independent of price volatility. It incorporates equity-based net profit and maximum loss protection, automatically stopping trading when predefined profit targets or risk limits are reached. Additionally, the bot resets its grid and realigns with the market trend upon trend reversals.
This bot is designed for traders seeking disciplined, trend-respecting grid execution that expands positions during market pullbacks while maintaining account safety through equity locks and avoiding hedge clutter.
