Description
Showcase:
EURUSD - m5 - from 01.01.2025 to 12.03.2026
XAUUSD - m5 - from 01.01.2025 to 13.03.2026
SmartHedge cBot is a cutting-edge algorithmic trading robot designed for the cTrader platform. Whether you're a seasoned trader or just starting out, this bot combines advanced technical analysis with intelligent risk management to help you navigate the markets with confidence.
Core Philosophy: Combine precision entry signals with a dynamic hedging system that protects your capital during adverse market moves, creating opportunities to profit even when trades go against you.
Who Is It For?
- Active Traders: Automate strategy execution based on technical signals without monitoring charts 24/7
- Risk-Conscious Investors: Benefit from built-in hedging and safety stops to protect your capital
- Busy Professionals: Let the algorithm handle the markets while you focus on what matters most
- Strategy Enthusiasts: Experiment with customizable settings to craft your perfect trading system
Key Features
Multi-Indicator Strategy Harness the power of multiple technical indicators to identify high-probability trade entries:
- RSI (Relative Strength Index) - Identifies overbought/oversold conditions
- Bollinger Bands - Mean reversion trading at band extremes
- Pivot Points - Mathematical support/resistance levels (R1-R3, S1-S3)
- Welles Wilder Smoothing (WWS) - Trend confirmation for smoother entries
Dynamic Hedging System: Protect your capital with an innovative recovery mechanism. When a position moves against you, the bot automatically opens a calculated counter-position (hedge) instead of accepting a loss. This creates a "profit corridor" where combined positions can be closed at net profit or break-even.
Precision Risk Management
- Safety Stop: Hard equity protection - automatically closes all positions if losses exceed your predefined threshold
- Auto Break-Even: Locks in profits by moving stop-loss to entry price when profit thresholds are met
- Flexible Profit Targets: Set distinct goals for initial positions vs. recovery cycles
Time-Based Trading: Optimize performance with configurable trading hours. Trade only during specific market sessions or avoid high-volatility news events with customizable start/end times.
Flexible Trade Direction: Choose to trade:
- Buy Only - Long positions only
- Sell Only - Short positions only
- Both - Simultaneous Buy AND Sell cycles (each operates independently)
Real-Time Dashboard: Stay informed with live profit tracking and visual feedback displayed directly on your chart, including:
- Trading status (Active/Inactive)
- Current profit for Buy and Sell cycles
- Cycle states (Active/Break-Even/Idle)
- Position counts
Quick Start Guide
Step 1: Installation
- Purchase and download from cTrader Store
- Double-click the
.algofile to install - Open cTrader → Automate tab → Select SmartHedge cBot
- Drag onto your preferred chart (EURUSD, XAUUSD, etc.)
Step 2: Enable At Least One Indicator: Important: The bot will NOT trade unless at least one indicator is activated!
Choose your entry triggers:
- RSI: Buy when oversold, Sell when overbought
- Bollinger Bands: Buy at lower band, Sell at upper band
- Pivot Points: Buy at Support levels, Sell at Resistance levels
- WWS: Trade when price is within tolerance of the smoothing line
Step 3: Configure Basic Parameters
ParameterDescriptionRecommended Start
Stop Loss (Pips)
Distance for hedge trigger
10-20 pips (forex)
200-300 pips (gold)
Starting Volume
Initial lot size
0.01-0.1 lots
Initial Profit Target $
Single position goal
$5-20
Hedge Profit Target $
Multi-position goal
$5-10
Risk $ (Safety Stop)
Maximum allowed loss
1-2% of account
TR (Trade Ratio)
Hedge volume multiplier
1.5 (default)
Step 4: Optional - Time Filter Want to trade only during specific hours?
- Set "Enable" to True in Time On/Off group
- Enter Start Time (e.g., "08:00")
- Enter End Time (e.g., "16:00")
Recommended Settings by Instrument
Gold (XAUUSD) - M5 Timeframe
- Stop Loss: 200-300 pips
- Starting Volume: 0.01 lots per $1000
- Initial Profit: $20-50
- Best Indicators: Pivot Points + RSI
Forex Majors (EURUSD, GBPUSD) - M5
- Stop Loss: 10-15 pips
- Starting Volume: 0.01-0.05 lots
- Initial Profit: $10-20
- Best Indicators: RSI + Bollinger Bands
Indices (US30, NAS100) - M5
- Stop Loss: 20-50 pips
- Starting Volume: 0.1-0.5 lots
- Initial Profit: $20-50
- Best Indicators: Bollinger Bands + WWS
Understanding the Display Panel
When running, SmartHedge shows real-time info in the top-right corner:
Active / Not Active ← Trading statusMonday 14:30 ← Current day/timeBuy: $12.50 ← Buy cycle profitSell: $-3.20 ← Sell cycle profitBuy: Active (2) ← Buy state (positions)Sell: Idle (0) ← Sell state (positions)
Cycle States:
- 🟢 Active - Cycle running with open positions
- 🟡 BreakEvenMode - Profit protection activated, stop-loss at entry
- ⚪ Idle - No positions, waiting for entry signal
Frequently Asked Questions
Q: Bot is running but not opening trades. Why? A: Check these issues:
- Is at least one indicator active? (RSI, BB, Pivots, or WWS)
- Is Time Filter blocking? (Check if current time is within trading window)
- Are entry conditions met? (Price must reach trigger levels)
- Is Direction set correctly? ("Buy" only won't open Sell trades)
Q: What does "Both" direction mean? A: Opens simultaneous Buy AND Sell positions when entry signals occur. Each cycle runs independently with its own profit target.
Q: How does hedging work? A: When a position moves against you by the Stop Loss distance, the bot opens a larger counter-position (multiplied by TR ratio) instead of closing at a loss. This creates opportunities to recover when price reverses.
Q: What is Trade Ratio (TR)? A: Volume multiplier for hedge positions. Example with TR=1.5 and initial 0.1 lots:
Q: Can I run on multiple charts? A: Yes! Each instance uses a unique label. Run SmartHedge on multiple instruments simultaneously.
Risk Warning
- Always test on demo account first (minimum 2 weeks)
- Start with minimal lot sizes
- Set appropriate Safety Stop (1-2% of account)
- Hedging can accumulate multiple positions - ensure sufficient margin
- Past performance does not guarantee future results
Trading CFDs and Forex involves significant risk to your capital. Only invest what you can afford to lose.
Support
Need help? Visit the Discussion tab on the product page:
- Ask configuration questions
- Report issues
- Share your results
- Request features
®cGuru 2026
Summary
The bot features a dynamic hedging system that opens counter-positions when trades move against you, aiming to recover losses by creating a profit corridor. Risk management tools include a safety stop that closes all positions if losses exceed a set threshold, auto break-even to lock in profits, and flexible profit targets for initial and hedge positions.
Users can configure trade direction (Buy only, Sell only, or Both), trading hours with a time filter, and key parameters like stop loss distance, starting volume, and profit targets. A real-time dashboard displays trading status, cycle profits, states, and position counts directly on the chart.
SmartHedge cBot supports multiple simultaneous instances on different charts and is suitable for active traders, risk-conscious investors, and professionals seeking automated strategy execution with customizable settings. It is compatible with prop firms and requires a minimum recommended balance of $500.
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