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Three Soldiers & Black Crows (Made with AlgoBuilderX)
cBot
326 downloads
Version 1.0, Oct 2024
Windows, Mac, Mobile, Web
5.0
Reviews: 1
Trading product for Three Soldiers & Black Crows (Made with AlgoBuilderX) cBot Signal Martingale, image 2
Trading product for Three Soldiers & Black Crows (Made with AlgoBuilderX) cBot Signal Martingale, image 3
Trading product for Three Soldiers & Black Crows (Made with AlgoBuilderX) cBot Signal Martingale, image 4
32.3K
Free installs

Description

// 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: This cBot exploits two of the most well-known and powerful candlestick patterns in the trading world: the Three White Soldiers and the Three Black Crows. It also uses the ADX indicator to filter out signals and the Martingale strategy

Buy trigger: Three White Soldiers: is considered a bullish signal. It occurs when three consecutive candles show up with rising bodies and few upper and lower shadows. Each of the three candles opens within the body of the previous candle and closes at a new high, indicating strong bullish momentum.


Sell trigger: Three Black Crows: this is a bearish signal. It occurs when three consecutive candles appear with descending bodies and few upper and lower shadows. Each of the three candles opens within the body of the previous candle and closes at a new low, indicating strong bearish pressure.

The implementation of these two well-known patterns provides traders with an effective method for identifying potential trading opportunities in both bullish and bearish trends. In addition, the ability to automate this process through the use of a cBot allows traders to remain active in the market without having to constantly monitor the charts.


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.

Summary

AI summary
This cBot, created with AlgoBuilderX for the cTrader platform, automates trading based on two well-known candlestick patterns: Three White Soldiers and Three Black Crows. It uses the Three White Soldiers pattern as a bullish buy trigger, identified by three consecutive candles with rising bodies and minimal shadows, signaling strong upward momentum. Conversely, the Three Black Crows pattern serves as a bearish sell trigger, characterized by three consecutive candles with descending bodies and few shadows, indicating strong downward pressure. The cBot incorporates the ADX indicator to filter trade signals and applies a Martingale strategy for trade management. Designed for demonstration on demo accounts, this example illustrates how AlgoBuilderX enables users to build, test, and deploy custom automated trading strategies through an intuitive drag-and-drop interface without coding. The cBot facilitates automated identification of potential trading opportunities in both bullish and bearish trends, allowing traders to stay active without constant chart monitoring. The AlgoBuilderX project for this cBot is available for import, editing, and export via the AlgoBuilderX workspace. Users are advised to thoroughly test and optimize any strategy before live deployment.
Trading profile

Discussion

Customer reviews

5.0
Reviews: 1
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Customer reviews
May 16, 2025
The take profit parameters is in pip or in point?

FAQ

Signal
Martingale
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

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