cBot
martingale
xauusd
"Cover For Hand" logo
Cover For Hand
0.0
03/09/2025
1
Desktop, Mobile, Web

This is a semi-automatic bot that helps you manage your capital.

When you a position and do not want to have a fixed SL and TP, this bot will help you do this automatically.

When your position has a profit exceeding the Take Profit Pip, the bot will move the stoploss according to the ratio you choose and gradually move it until it hits the stoploss

When your order has a loss exceeding the Stop Loss Pip, the bot will automatically place a martingale order to cover for the loss according to 1 of the 3 martingale methods you choose, and at the same time calculate the new profit point based on the Take Profit Pip you have chosen, when the profit point is exceeded, the all positions will automatically close.

When there are no open orders, the bot will not work, each time the bot only supports 1 open order in 1 direction.

In case you place 2 orders in 2 directions, buy and sell, the bot will still work.

You should choose m1 time frame for the bot to work fastest because the bot will work after the bar closes.

For example:

If you place a buy order of 0.01 lot XAUUSD, SL = 400, TP = 200, SL move rate = 0.5, Martingale Style = PlusOne.

Case 1: if your order has a profit of 200 pips, a new SL will be created with a profit of 100 pips, if the price continues to increase, the new SL will continue to increase until the price reverses and touches the SL

Case 2: if your order loses 400 pips, the bot will automatically place a Martingale order with a new lot equal to the current lot plus one unit of lot = 0.01 * 2 = 0.02, and at the same time draw a new Take Profit line to ensure that this new Take Profit is the same as the Take Profit you intend to have.

Case 3: if your order loses 800 pips, the bot will automatically place an order similar to case 2 with a new lot of 0.01 * 3 = 0.03 and move the new Take Profit line.

If you choose Double, your order will have a gradually doubled lot, then it requires a large capital to cover but in return, the order will be closed quickly

If you choose Fibonacci, your order will increase the lot according to the Fibonacci series, the advantage is that the initial lot is small, the later the lot is large, helping to quickly recover the capital, requiring less capital than the double type

If you choose PlusOne, your order will increase the lot according to the plus one type, requiring less capital to cover but also taking more time to recover the capital.

If the capital is 1000$, you should use the starting lot of 0.01 for XAUUSD, and the Martingale type: PlusOne

If the capital is 2000$, you should use the starting lot of 0.01 for XAUUSD, and the Martingale type: Fibonacci

If the capital is 5000$, you should use the starting lot of 0.01 for XAUUSD, and the Martingale type: Double

More from this author
cBot
bollinger
eurusd
martingale
+3
AIO4 Cloud
Combine multiple indicators in multiple timeframes with martingale capital management and automatic capital increase
You may also like
cBot
forex
ai
indices
+3
needThaiBot Fibonacci AI Masterpiece Edition
The Best Fibonacci AI Trading Bot You Have Ever Seen!! Fibonacci Strategy with Risk Management Control Please ENJOY!!!
ORB Bot
ORB cBot: Comprehensive Opening Range Breakout Strategy for XAU/USD
Trailing Stop and Filter
After the position achieves a certain profit, I move the stop loss to the set distance to protect the profit.
cBot
scalping
DragonScalpingProV2Demo
The demo version of Scalping bot https://ctrader.com/products/257
ElliottWaveBot
N.B.: Results with an initial invested capital of 100 euros.
11 YEARS PROFITABLE - EURUSD RENKO CHART - FREE TEST
EURUSD RE5 PROFITABLE SINCE 2014
cBot
forex
indices
atr
+2
FREE Heikin Aishi Trailing Stop
Trade fearlessly: auto-adjusts stops, manages risk, and locks profits with precision. Free for early users🚀 now -80%
US500 MACD 4H 3
US500 4H TREND trading bot
cBot
forex
martingale
grid
DMG Financial Strategy bot
Il DMG Financial Strategy Bot è progettato per automatizzare strategie di trading grid/martingale solo DEMO
cBot
prop
NoWeekendHoldingV2
'No Weekend Holding' makes sure that your trades are closed before the weekend and opens them again after the weekend.
Trade Panel 1.0
RSI Scalping cBot: flawless, automated scalping in any storm.
cBot
grid
Keltner & Parabolic SAR Grid (Made with AlgoBuilderX)
This strategy uses Keltner Channels, Parabolic SAR, Grid strategy and session filters
cBot
forex
breakout
eurusd
+4
EasyPass PropFirm Wizard
EasyPass ProFirm Wizard
cBot
indices
atr
US500 LONG&SHORT TF 5M ALL SEASON!
🚀N.B.: Results with an initial invested capital of 100 euros.
cBot
forex
ai
crypto
needThaiBot for Crypto Trading
Suitable For Crypto Currency Trading, adjust your own strategy and risk management
SarahMM2
Un robot de trading intelligent basé sur le croisement de moyennes mobiles, avec un drawdown maîtrisé et une rentabilité
cBot
commodities
xauusd
rsi
+2
Matrix Gold Resurrection
## **Matrix Gold Resurrection - Professional XAUUSD Trading Algorithm** **🏆 Advanced Gold Trading Bot
DASHBOT
DASHBOT muestra en tiempo real el Spread, Lote, Comisión, Trailing Stop sugerido y Ruido de mercado en pips.