Brokers & props
For business
00
Days
:
00
Hours
:
00
Minutes
:
00
Seconds
cBot
RSI
Signal
Hammer and Shooting Star Strategy (Made with AlgoBuilderX)
03/09/2025
397
Desktop, Mobile, Web
Since 06/08/2024
Free installs
29146
"Hammer and Shooting Star Strategy (Made with AlgoBuilderX)" uploaded image"Hammer and Shooting Star Strategy (Made with AlgoBuilderX)" uploaded image"Hammer and Shooting Star Strategy (Made with AlgoBuilderX)" uploaded image"Hammer and Shooting Star Strategy (Made with AlgoBuilderX)" uploaded image

// This cBot was created with AlgoBuilderX
//
// AlgoBuilderX is a powerful tool for creating automated trading strategies on the cTrader platform.
// With an intuitive drag-and-drop interface, you can easily build and customize your own trading
// algorithms without any coding knowledge. Whether you're a beginner or an experienced trader,
// AlgoBuilderX offers a seamless experience for developing, testing, and deploying your very own cBot
//
// Visit algobuilderx to start building your own cBots today!

 

This cBot is an example, made for demonstration purposes using AlgoBuilderX and works only on demo accounts.

 

Strategy: The strategy, detects the "Hammer" and "Shooting Star" candlestick pattern based on the values that are parameterizable. The strategy uses a fixed Take Profit and Stop Loss level.

Buy trigger: When a Hammer is formed and the RSI is oversold.
Sell trigger: When a Shooting Star forms and the RSI is overbought

 

Parameters:

*Signal Shadow Multiplication:
For a Hammer pattern, the lower shadow must be at least "x" times the size of the candle body (e.g., if the body is 3 pips, the lower shadow must be at least 9 pips).
For a Shooting Star, the upper shadow must be at least "x" times the size of the candle body.

*Max Slippage Shadow Pips:
For a Hammer, the upper shadow represents slippage, and for a Shooting Star, the lower shadow represents slippage.


NEW CANDLE PATTERN BLOCK! Automatically identify preset patterns or create your own custom pattern!
 

Create your cBot now in an easy and intuitive way!
Try AlgoBuilderX now, no registration required.

 

You can find the AlgobuilderX project for free in our Discord channel.

You will be able to import it into the AlgoBuilderX workspace, view it, edit it, or export it.

Important Note:
This cBot is a demonstration example created with AlgoBuilderX and is not optimized for live use. It is designed to illustrate the functionality of AlgoBuilderX and serve as a starting point for creating custom strategies. It is recommended that you carefully test and optimize any strategy before implementing it on a real trading account.

0.0
Reviews: 0
Customer reviews
No reviews for this product yet. Already tried it? Be the first to tell others!
More from this author
Fibonacci Strategy (Made with AlgoBuilderX)
Auto-entry at Fibonacci levels, fully customizable with advanced risk management features.
cBot
RSI
Daily Trading Strategy (Made with AlgoBuilderX)
This day trading strategy uses RSI and ADX with 4 TP levels, break-even, and customizable position management.
AlgoBuilderX Plugin
AlgoBuilderX makes cBot creation easy – build and automate your trading strategies on cTrader with zero programming.
Engulfing Strategy with Fixed Risk (Made with AlgoBuilderX)
Auto-detects bullish/bearish engulfing patterns with fixed take profit and stop loss for powerful, simple trading.
cBot
Grid
XAUUSD
Prop
Prop Firm Strategy (Made with AlgoBuilderX)
This strategy is tailored for Prop Firm accounts, featuring automated risk management to prevent breaching loss limits.
Order Block Hedging Strategy (Made with AlgoBuilderX)
The strategy identifies order blocks from impulsive moves, opening trades with fixed stop loss and take profit.
cBot
Grid
FVG Strategy and Grid (Made with AlgoBuilderX)
This strategy opens trades when Fair Value Gaps are filled, using grid management and an equity SL for risk control.
Alligator Strategy + Advanced Take Profit Demo
This strategy is based on the Alligator indicator and has 4 levels of Take Profit.
cBot
Forex
Signal
Golden Cross & Death Cross (Made with AlgoBuilderX)
The strategy uses EMA crossovers (Golden/Death Cross) on a 1H timeframe, opening 4 trades at a time for forex entries.
cBot
Grid
XAUUSD
Prop
Prop Firm cBot V2 - Parabolic SAR (Made with AlgoBuilderX)
Prop Firm bot using Parabolic SAR for trends, opening hourly trades with grid management and tight risk control.
Daily Breakout and Trailing Stop (Made with AlgoBuilderX)
This strategy opens trades at the previous day's high/low with dynamic stop loss and risk management based on equity.
cBot
Grid
RSI
Bollinger
BB and RSI - Grid and Equity SL (Made with AlgoBuilderX)
This strategy opens grid trades based on Bollinger Bands and RSI, with customizable settings and strong risk management.
cBot
Martingale
Ichimoku Kinko Hyo Martingale (Made with AlgoBuilderX)
This cBot uses Ichimoku, martingale, and time filters. Buy/sell signals based on Tenkan Sen and Kijun Sen crosses.
Zone Recovery Hedging (Made with AlgoBuilderX)
This strategy is based on the Zone Recovery strategy and utilizes hedging for trade management.
cBot
Grid
Keltner & Parabolic SAR Grid (Made with AlgoBuilderX)
This strategy uses Keltner Channels, Parabolic SAR, Grid strategy and session filters
cBot
Signal
Create Your Custom Candle Pattern with AlgoBuilderX
Create your own custom candlestick patterns with AlgoBuilderX, or choose from a variety of predefined pattern!
cBot
Martingale
Signal
Three Soldiers & Black Crows (Made with AlgoBuilderX)
This cBot uses Three White Soldiers, Three Black Crows patterns with ADX filtering and a Martingale strategy for trades.
cBot
Martingale
Range Bar Strategy and Martingale (Made With AlgoBuilderX)
The Range Bar Strategy uses candlestick shadow conditions and a Martingale system for precise trade entries and sizing.
You may also like
cBot
NAS100
Indices
XAUUSD
+6
STRATEGY REVERSAL Trial Day 15
STRATEGY REVERSAL Trial Day 15
cBot
RSI
XAUUSD
Commodities
+9
equilibrium Gravity USDJPY
Equilibrium Gravity USD/JPY works perfectly on USD/JPY on 1 minute and 5 minute time frames.
cBot
Supertrend
Signal
[Fx4U] AUDCHF - Price Action
Bot is based on Price Action strategy to open & manage orders. It is effective capital management and high profitability
cBot
Indices
XAUUSD
StriveGoldRazor Trial DAY 15
StriveGoldRazor Trial DAY 15
EU 4H MACD vol.2
// EUR/USD 4H TIMEFRAME // 5 YEARS BACKTEST, PROFIT 330 USD, MAX DRAWDOWN 50 USD
cBot
Breakout
XAUUSD
Commodities
+4
EasyPass PropFirm Wizard
EasyPass ProFirm Wizard
cBot
XAUUSD
Martingale
Forex
FW MA Faktor
Martinngal Professional Bot Safe
cBot
Grid
XAUUSD
Commodities
+3
DragonXAU2V2Demo
GOLD trade Real Accout at https://ctrader.com/products/1728
cBot
Indices
Breakout
Commodities
+2
FutureTrader_Light_Demo
FutureTrader_Lightis a trendline-based trading bot designed for trending markets.Try the version FREE for 14 days!
cBot
Stocks
Commodities
Forex
Gold Scalper V3_noSourceCode
The full version includes access to all features and customization options. It is designed for users who require advance
cBot
XAUUSD
Breakout
Martingale
+1
Ninja cBot
No holy grail here. No get rich quick scheme. No perfect equity. No guaranteed profits, but a robust breakout system.
cBot
NZDUSD
XAUUSD
Breakout
+10
ICT Silver Bullet Strategy cBot
💎 ICT Silver Bullet Strategy cBot — liquidity sweep & breakout algorithm with risk control.
PREMIUM AUTOEXIT BOT
AUTOEXIT BOT: SL de Seguridad y Trailing Stop para Trades Manuales, diseñado para gestionar automática de salidas.
cBot
Grid
XAUUSD
Martingale
+5
TrendFibonacciBot
It uses Fibonacci levels and a moving average to detect market trends and automatically open Buy or Sell trades
cBot
RSI
XAUUSD
Martingale
+9
RedAndBlack
RedAndBlack: buy on bullish close, sell on bearish close. Simple trend-following trading strategy.
cBot
XAUUSD
Commodities
Forex
+1
Crude Oil TRIAL DAY 15
Crude Oil TRIAL DAY 15
cBot
Indices
Commodities
Forex
+5
TrendFibonacciBotDemo
The Free for demo account of bot https://ctrader.com/products/1893
cBot
Indices
XAUUSD
Commodities
+3
needThaiBot Version 47
Faster Profits, Please Use Default Setting Before Running an Optimisation Feature!! ENJOY and Have FUN