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Trading product for DragonXAU2V2Demo cBot Fibonacci Scalping, image 1
DragonXAU2V2Demo
cBot
311 downloads
Version 1.0, Aug 2025
Windows, Mac, Mobile, Web
Trading product for DragonXAU2V2Demo cBot Fibonacci Scalping, image 2
70.84M
Traded volume
590.31K
Pips won
63
Sales
5.45K
Free installs

Description

Real account at https://ctrader.com/products/1728

DragonGridV2 is an automated grid trading cBot that applies a Martingale-style money management system. It builds a series of positions in one direction (buy or sell) and increases lot size according to user-defined rules. The bot closes all positions once the profit target is achieved or risk thresholds are reached.

⚙️ Parameters

  1. Quantity (Lots)
    • Initial trade size for the first order.
    • Example: 0.01 = micro lot.
  2. Trade Side
    • Direction of trading: Buy or Sell.
    • The bot will only open positions in this selected direction.
  3. Step (pips)
    • The minimum pip distance between consecutive grid positions.
    • Example: 1100 means a new position is opened if price moves 1100 pips away from the last entry.
  4. Target Profit
    • The profit threshold (in account currency) where all open positions will be closed.
    • Example: 8 means once combined profit of all trades ≥ 8 units of account currency, the grid closes.
  5. Lot Multiplier
    • Multiplier applied to lot size for each new position (Martingale principle).
    • Example: 2 → if first lot = 0.01, the second = 0.02, the third = 0.04, etc.
  6. Stop Equity
    • Equity level (in account currency) below which all positions will be closed and trading stops.
    • Example: 0 disables this; 1000 means if equity drops below 1000, all positions close.
  7. Max Lots
    • Maximum allowed trade size for any single position.
    • Prevents uncontrolled lot growth under Martingale.
  8. Max Spread
    • Maximum allowed spread (in pips) to open new positions.
    • If current spread exceeds this value, the bot will not trade.
  9. Label
    • Identifier for the bot’s positions.
    • Useful when running multiple cBots simultaneously to distinguish trades.


✅ Key Features

  • Automatic grid trading with Martingale money management.
  • Profit targeting: closes all positions once net profit is reached.
  • Equity protection: stops trading when account equity falls below Stop Equity.
  • Spread filter: avoids trading in poor market conditions.
  • Customizable risk & volume control via Lot Multiplier and Max Lots.

Disclaimer: Grid/martingale strategies carry substantial risk. Use at your own discretion and always validate settings on historical data and in demo before going live.

Summary

AI summary
DragonXAU2V2Demo is an automated grid trading cBot designed for trading the XAUUSD (gold) market. It employs a Martingale-style money management system, opening a series of buy or sell positions based on user-defined parameters. The bot increases the lot size of each subsequent position according to a customizable multiplier and places new trades at specified pip intervals from the last entry.

Key configurable settings include initial trade size, trade direction (buy or sell only), step distance between grid positions, target profit level to close all trades, maximum lot size to limit exposure, and equity stop level to halt trading if the account falls below a set threshold. A spread filter prevents trading during unfavorable market conditions by restricting new entries when spreads exceed a defined maximum.

The bot automatically closes all open positions once the combined profit target is reached or if risk limits are triggered. It supports position labeling to distinguish trades when running multiple bots simultaneously. This tool is intended for use on real accounts and requires careful parameter tuning and risk management due to the inherent risks of grid and Martingale strategies.
Trading profile

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Discussion

FAQ

Fibonacci
Scalping
Commodities
Grid
XAUUSD
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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Price

70.84M
Traded volume
590.31K
Pips won
63
Sales
5.45K
Free installs