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
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.
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