Engulfing Strategy with Fixed Risk (Made with AlgoBuilderX)
cBot
2.55K downloads
Version 1.0, Oct 2024
Windows, Mac, Mobile, Web
"Engulfing Strategy with Fixed Risk (Made with AlgoBuilderX)" uploaded image"Engulfing Strategy with Fixed Risk (Made with AlgoBuilderX)" uploaded image"Engulfing Strategy with Fixed Risk (Made with AlgoBuilderX)" uploaded image"Engulfing Strategy with Fixed Risk (Made with AlgoBuilderX)" uploaded image"Engulfing Strategy with Fixed Risk (Made with AlgoBuilderX)" uploaded image
30.36K
Free installs

// 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 strategy is very simple but powerful. It takes advantage of the candle pattern block in AlgoBuilderX to automatically detect the Engulfing pattern. When a bullish Engulfing occurs a long position is opened. When a Bearish Engulfing occurs a short position is opened.

The strategy uses a fixed take profit and stoploss.

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.
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
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.
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.
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.

You may also like

cBot
NAS100
Indices
XAUUSD
+6
Matrix Rubber
🎯Professional mean reversion bot with 7 intelligent exit mechanisms. Eliminates catastrophic drawdowns.🎯
cBot
XAUUSD
Breakout
Prop
+5
PropFirm Forex Sniper
PropFirm Forex trader
cBot
RSI
Indices
Stocks
+2
WCAP
Wealthcraft Auto Profit is a smart trading robot with Auto Stop-Loss, Trailing Stop, and maximum profit management
cBot
Breakout
Forex
ASRB - Adaptive Session Range Breakout
Adaptive Session Breakout Strategy using validated Asian ranges, trend bias and volatility filters.
cBot
XAUUSD
Forex
NeuroSmartSafeGuard_v7_Fractal
XAUUSD Trend Bot. Fractal logic. EMA/RSI filter. Auto risk & Drawdown safety.
cBot
NAS100
NZDUSD
XAUUSD
+10
CandlePatternBot
CandlePatternBot — Trade classic candlestick signals with bull/bear bias and SL/TP or next-pattern exits.
cBot
Indices
Breakout
Commodities
+2
GapTrader_DEMO
GapTrader is a horizontal line-based trading bot designed for range-bound markets
SNR Engulfing Pattern Bot
The SNR Engulfing Bot trades SNR levels and engulfing patterns, automating price action strategies for cTrader users.
cBot
XAUUSD
Forex
AI
Starship
Every trade is entered at the most powerful starting point, all with trailing stop loss. It’s like riding a rocket to ta
cBot
Martingale
Forex
EURUSD
+2
FibonacciScalperNet6Demo
This Version only supports Demo accounts or Backtest Please Download the pro version at https://ctrader.com/products/312
Top-rated
Free
cBot
NAS100
XAUUSD
Martingale
+3
Stop Order
Scalping V.1 (Stop Order TP + SL)
cBot
Grid
NAS100
NZDUSD
+17
Moving Average Cbot
Review and Parameter Guide for the "Moving Average" cBot
30.36K
Free installs