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Trading product for Algo Forex cBot Forex EURUSD, image 1
Algo Forex
cBot
3 purchases
Version 1.0, Dec 2025
Windows, Mac, Mobile, Web
4.0
Reviews: 1
Trading product for Algo Forex cBot Forex EURUSD, image 2
Trading product for Algo Forex cBot Forex EURUSD, image 3
Trading product for Algo Forex cBot Forex EURUSD, image 4
Trading product for Algo Forex cBot Forex EURUSD, image 5
Trading product for Algo Forex cBot Forex EURUSD, image 6
Trading product for Algo Forex cBot Forex EURUSD, image 7
Trading product for Algo Forex cBot Forex EURUSD, image 8
Since 22/09/2024
15
Sales
3.68K
Free installs

Description

Supported Markets: Forex Only (No CFDs, Indices, Metals, or Crypto)

🎯 How HFT Algo Forex Works

Two independent strategies:
• Strategy 1 (Buy) – trades only in the buy direction
• Strategy 2 (Sell) – trades only in the sell direction
• You can run BuyOnly, SellOnly, or Both sides at the same time.

When a new trading cycle starts:
• The cBot checks how far the price has moved from the current bar open.
  • Buy side → if price drops from the bar open by the distance set in Smooth input
  • Sell side → if price rises from the bar open by the distance set in Smooth input
• When that distance is reached it opens the first market order.

Building the grid:
• After the first order, the cBot places more Limit Orders in the same direction.
• Each order is spaced by the value set in Grid Step (USD).

Closing a profit cycle:
• If the total net profit of all positions on that side becomes greater than 0,
  → it closes all open positions and cancels any pending orders.


💡 Developer’s Warning
This strategy uses a Martingale + Grid structure, which can significantly increase risk during periods of high market volatility.
Although risk-control mechanisms are included, it is not suitable for live trading in regular CFD broker accounts.

It is recommended to use this system in Prop Firm trading environments, which are designed to accommodate this type of strategy.
Users should carefully evaluate the risks and always test the system on a Demo account before using it on a live account.


Summary

AI summary
Algo Forex is a trading bot designed exclusively for the Forex market, supporting major currency pairs such as EURUSD, GBPUSD, NZDUSD, and USDJPY. It operates using two independent strategies: one that executes buy-only trades and another that executes sell-only trades. Users can run either strategy individually or both simultaneously.

The bot initiates trades based on price movements relative to the current bar open, opening a market order when the price moves a specified distance set by the user. It then builds a grid by placing additional limit orders spaced according to a configurable grid step value. The bot closes all open positions and cancels pending orders on a side once the total net profit for that side becomes positive.

Algo Forex employs a combined Martingale and Grid trading structure, which includes risk-control mechanisms but is primarily intended for use in proprietary trading firm environments rather than standard CFD broker accounts. It is recommended to test the strategy thoroughly on a demo account before live deployment.
Trading profile

Customer reviews

4.0
Reviews: 1
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4
100 %
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Customer reviews
April 24, 2026
Algo Forex is a real grid/martingale system that does exactly what the author says. That honesty is rare. It can recover baskets efficiently in ranging markets, but exposure grows fast in trends. Best suited for experienced users who understand drawdown, margin pressure, and strict risk caps.

Discussion

FAQ

Forex
EURUSD
GBPUSD
NZDUSD
Grid
Martingale
USDJPY
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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Since 22/09/2024
15
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3.68K
Free installs