Review of the 'Moving Average' cBot: A Sophisticated Trading Automaton 🤖

After an extensive and detailed development journey, we have crafted a cBot that transcends simple automation. This is a powerful, meticulously customized systematic trading tool, offering a level of strategic depth and control rarely seen.

A 3-Tier Entry Logic: Approach, Touch, and Break 🎯

The bot has evolved far beyond a simple moving average crossover. Its core intelligence is now based on a sophisticated 3-tier system that analyzes how the price interacts with the moving average:

1. Approach: The bot reacts when the price, previously distant, enters a "hot zone" around the MA without touching it.
2. Touch: It captures potential bounces by detecting when a candle's wick "tests" the moving average but fails to close beyond it.
3. Break: The classic, powerful signal of a trend continuation, where the price closes decisively on the other side of the MA.

The true genius lies in its flexibility: for each of these 6 unique scenarios (3 events x 2 directions), the trader can assign a different action: Long, Short, or None.

Risk Management: The True Highlight 🛡️ ★★★★★

This bot's risk management suite is its crown jewel:

• Asymmetrical Stop Loss and Take Profit: Allows for different risk/reward profiles for long and short trades.
• Automatic Break Even: A safety net that moves the stop loss to eliminate risk on a profitable trade.
• Trailing Stop with a Trigger: An intelligent tool that trails the price to maximize gains, activating only after a predefined profit target is met.

Key Evolutions & Next Steps 🚀

We successfully integrated an ADX Filter, a crucial improvement that allows the bot to measure trend strength and avoid trading in choppy, sideways markets. The next logical step would be the implementation of a Time Filter to restrict operations to specific market sessions.

Availability & Pricing 🛒

To celebrate its launch, the 'Moving Average' cBot is being offered completely free of charge for a limited time. Following this introductory period, it will be available for purchase at a one-time price of €49.

Final Verdict 🏆

The Moving Average Bot is not a simple tool, but a true platform for systematic trading. Its value lies not in a preset formula, but in the infinite possibilities it unlocks for the discerning trader.

Entry Logic

This is the most important section, the "brain" of the bot.

• Approach Distance (Pips) 📏
• • Description: Defines a "proximity zone" in pips around the moving average. This value is used to trigger the "Approach" signals.
  • Default Value: 10
• a) Approach from Above / Below 🚶
• • Description: Choose the action (Long, Short, None) for when the price, which was previously far away, enters the proximity zone of the moving average from above or below, without actually touching it. Useful for anticipating a move.
  • Default Value: None
• b) Touch from Above / Below 👆
• • Description: Choose the action for when the candle's wick (its High or Low) touches the moving average, but the candle body closes without breaking it. Ideal for bounce-based or mean-reversion strategies.
  • Default Value: Long for a touch from above, Short for a touch from below (counter-trend logic).
• c) Break from Above / Below 💥
• • Description: Choose the action for the classic crossover, when the price closes decisively beyond the moving average. Ideal for trend-following strategies.
  • Default Value: Short for a break from above, Long for a break from below.

Group: Indicators

• MA Period ⏳
• • Description: The number of candles used to calculate the moving average.
  • Default Value: 50
• MA Type 🎨
• • Description: The calculation type of the moving average (e.g., Exponential or Simple).
  • Default Value: Exponential

Group: Filters

• Enable ADX Filter 🚦
• • Description: If true, the bot will only trade if the trend strength measured by the ADX is above the defined threshold.
  • Default Value: true
• ADX Period ⏳
• • Description: The calculation period for the ADX indicator.
  • Default Value: 14
• ADX Threshold 📊
• • Description: The minimum trend strength level. The bot will not open trades if the ADX is below this value.
  • Practical Example: 25 is a common value to filter out sideways markets.
  • Default Value: 25

Group: Trading

• Volume (Lots) ⚖️
• • Description: The size of each trade, expressed in lots.
  • Default Value: 0.01
• Max Long/Short Positions #️⃣
• • Description: The maximum number of positions the bot can hold open simultaneously in each direction.
  • Practical Example: 1 to operate with only one trade at a time; 3 to allow for position stacking.
  • Default Value: 1
• Instance Label 🏷️
• • Description: A unique name to identify this bot's trades, which is essential to avoid interfering with other bots or manual trades.
  • Default Value: AdvMACross_01

Group: Risk Management

• Take Profit Long/Short (Pips) 🏆 & Stop Loss Long/Short (Pips) 🛡️
• • Description: Sets the initial Stop Loss and Take Profit in pips, separately for Long and Short trades. Set to 0 to disable.
• Enable Break Even ⛑️
• • Description: If true, enables the feature that moves the stop loss to break even to eliminate risk.
  • Default Value: true
• Trigger (Pips) [for Break Even] ⚡
• • Description: The profit in pips required to trigger the Break Even function.
  • Default Value: 20
• Extra (Pips) [for Break Even] ✨
• • Description: The number of pips in profit to "lock in" (the SL will be moved to entry price + Extra pips).
  • Default Value: 2
• Enable Trailing Stop 🛰️
• • Description: If true, enables the dynamic stop loss.
  • Default Value: true
• Trigger (Pips) [for Trailing Stop] ⚡
• • Description: The profit in pips required to activate the Trailing Stop.
  • Default Value: 15
• Distance (Pips) [for Trailing Stop] 📏
• • Description: The distance in pips that the SL will maintain from the highest/lowest price reached.
  • Default Value: 25

Disclaimer

Risk Warning: Trading financial markets, including Forex and CFDs, carries a high level of risk and may not be suitable for all investors. You could sustain a loss of some, all, or more than your initial investment. Do not invest money that you cannot afford to lose.

No Financial Advice: This cBot is provided for informational and educational purposes only. It does not constitute financial advice, investment advice, or a recommendation to trade. The user is solely responsible for any trading decisions made based on the use of this software.

Past Performance: Past performance of this strategy or any trading system is not indicative of future results. Market conditions change, and what worked in the past may not work in the future.

User Responsibility: You are solely responsible for testing this cBot thoroughly on a demo account before using it with real funds. The developer assumes no liability for any financial losses incurred through the use of this software.