SmartBar SMA Trader with ATR & Break-Even Protection
cBot
Tested on Deriv
Version 1.0, Oct 2025
Windows, Mac, Mobile, Web
4.5
Reviews: 2
1.76K
Downloads
1.4
Profit factor
14.5%
Max drawdown
Description
SmartBar SMA Trader with ATR & Break-Even Protection
Overview:
SmartBar SMA Trader is a fully automated trading robot designed for forex and CFD traders who want a safe, strategic, and efficient approach to the market. The robot combines technical indicators, risk management, and adaptive trade management to maximize potential profits while controlling risk.
Key Features:
- Trend & Price Action-Based Entry:
- Uses the 50-period SMA to identify market trend direction.
- Checks the last bar formation to determine if the market is ready for a long or short position.
- Only executes trades when price and trend align, minimizing false signals.
- ATR-Based Stop Loss & Take Profit:
- Automatically calculates Stop Loss and Take Profit based on market volatility using the Average True Range (ATR).
- Dynamic SL/TP adjusts to current market conditions, protecting your capital during high volatility.
- Trailing Stop & Break-Even Protection:
- Trades are protected with a trailing stop, which locks profits as the market moves in your favor.
- Break-even feature moves the stop loss to your entry price after a defined profit level is reached, ensuring no loss on winning trades.
- Customizable Risk Management:
- Set your risk per trade as a percentage of your account balance.
- Control allowed trade directions (long/short), maximum spread, and trade timing.
- Optional EMA & RSI Filters:
- Filter trades using EMA or RSI conditions to trade only in strong trend areas or avoid consolidation zones.
- Helps to further reduce poor-quality entries.
- User-Friendly Parameters:
- Fully adjustable lot size, ATR multipliers, SMA periods, and trade labels.
- Easy to optimize for different currency pairs or trading styles.
- Automatic Trade Management:
- Handles entries, exits, stop losses, take profits, trailing stops, and break-even adjustments automatically.
- Reduces manual intervention and emotional trading.
Why SmartBar SMA Trader?
This robot is perfect for traders who want a hands-free, rule-based trading strategy with advanced risk management. By combining SMA trends, price action, ATR volatility, and break-even protection, it offers a balanced approach: aiming for consistent profits while safeguarding your capital.
Risk Disclaimer
Trading involves risk. Past performance does not guarantee future results.
Summary
AI summary
SmartBar SMA Trader with ATR & Break-Even Protection is a fully automated trading robot designed for forex and CFD markets, including BTCUSD, XAUUSD, and stocks. It employs a trend-following strategy based on the 50-period Simple Moving Average (SMA) and recent price action to identify optimal entry points aligned with market direction. The robot dynamically calculates stop loss and take profit levels using the Average True Range (ATR) to adapt to current market volatility.
Key features include trailing stops that lock in profits as the market moves favorably and a break-even protection mechanism that moves stop loss to the entry price after reaching a defined profit threshold. Users can customize risk management parameters such as risk per trade as a percentage of account balance, allowed trade directions, maximum spread, and trade timing. Optional filters using Exponential Moving Average (EMA) and Relative Strength Index (RSI) help avoid trades in consolidation zones and improve entry quality.
The robot automates trade management fully—handling entries, exits, stop losses, take profits, trailing stops, and break-even adjustments—reducing manual intervention and emotional decision-making. It supports medium-frequency scalping on 15-minute charts and allows adjustment of lot sizes, ATR multipliers, SMA periods, and trade labels to suit different trading styles and currency pairs.
Key features include trailing stops that lock in profits as the market moves favorably and a break-even protection mechanism that moves stop loss to the entry price after reaching a defined profit threshold. Users can customize risk management parameters such as risk per trade as a percentage of account balance, allowed trade directions, maximum spread, and trade timing. Optional filters using Exponential Moving Average (EMA) and Relative Strength Index (RSI) help avoid trades in consolidation zones and improve entry quality.
The robot automates trade management fully—handling entries, exits, stop losses, take profits, trailing stops, and break-even adjustments—reducing manual intervention and emotional decision-making. It supports medium-frequency scalping on 15-minute charts and allows adjustment of lot sizes, ATR multipliers, SMA periods, and trade labels to suit different trading styles and currency pairs.
Trading profile
Trading style
Scalping
Strategy type
Trend
Analysis type
Algorithmic
Technical
Trade frequency
Medium
Min recommended balance
$1000
Risk per trade
5%
Chart period
15 minutes
Backtesting leverage
1:1000
Daily drawdown limit
10%
Prop firm rule fit
—
Risk management
Risk model
Fixed lot
Max quantity (lots)
1
Supported risk controls
Stop loss
Take profit
Customer reviews
4.5
Reviews: 2
5 | 50 % | |
4 | 50 % | |
3 | 0 % | |
2 | 0 % | |
1 | 0 % |
Customer reviews
July 26, 2026
Could you add an Upper Wick Filter and an EMA Distance Filter in the next update (v1.1) to prevent buying at peak rejection wicks?"otherwise the bot is doing great work
May 24, 2026
SmartBar SMA Trader delivers a stable trend-following approach with useful ATR risk management and active break-even protection. Default settings were conservative, while optimization improved results noticeably. Desktop users get better visibility into strategy behavior, while mobile users can easily monitor positions and risk management but see less of the internal decision process.
Discussion
FAQ
BTCUSD
Forex
Balanced
Fair Value Gap
Stocks
XAUUSD
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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