Candle Color Algo is a precision-engineered cTrader robot designed to capture high-probability trend reversals using Heikin Ashi candle logic combined with a powerful EMA trend filter. Built with strict risk controls and broker-safe execution, this system is ideal for traders who want controlled stacking with intelligent protection.

🔍 Strategy Overview

This robot identifies momentum shifts using candle color transitions:

• Detects Heikin Ashi color change (Red → Green / Green → Red)
• Confirms direction using a 60 EMA trend filter
• Executes stacked entries in the direction of the trend
• Automatically closes opposite positions on reversal signals

The result: clean entries, controlled exposure, and disciplined exits

⚙️ Default Parameters & Explanation

🔹 Strategy Settings

• Use Symbol Min Volume = true
  Automatically uses broker’s minimum allowed lot size for safer execution.
• Quantity per Trade = 0.01 lots
  Used only if min volume is disabled.
• EMA Periods = 60
  Defines the trend direction filter. Trades only align with this EMA.
• Max Position Stack = 2
  Limits the number of simultaneous positions to control exposure.

🔹 Filters

• Max Allowed Spread = 500 pips
  Prevents trading in high-spread conditions (useful for synthetic/volatile markets).

🔹 Stack Protection (Basket Control)

• Use Global SL = true
  Enables total floating loss protection.
• Stop Loss Total = $10
  Closes all positions if total loss reaches -$10.
• Use Global TP = false
  Disabled by default.
• Take Profit Total = $50
  If enabled, closes all positions at +$50 profit.

🔹 Session Control

• Use Session Filter = true
  Trades only during defined hours.
• Session Open = 01:00
• Session Close = 23:00
  Avoids low-liquidity or unstable periods.

🔹 Risk Management (Account Protection)

• Stop Robot: Net Profit = $5000
  Stops trading completely after reaching profit target.
• Stop Robot: Net Loss = $1000
  Hard stop to protect account from excessive drawdown.
• Pause Day: Daily Profit = $2000
  Stops trading for the day after hitting profit.
• Pause Day: Daily Loss = $50
  Stops trading for the day to prevent overtrading losses.

🧠 Key Features

✔️ Heikin Ashi Reversal Logic
✔️ EMA Trend Confirmation
✔️ Smart Position Stacking
✔️ Global Basket SL/TP Protection
✔️ Daily Profit & Loss Control
✔️ Session-Based Trading Filter
✔️ Broker-Safe Minimum Volume Execution
✔️ Real-Time Dashboard (PnL, Status, Spread, Stack)
✔️ Visual Trade History on Chart (lines + results)

🖥️ Recommended Broker Setup

For optimal performance, use:

• Broker: Deriv
• Account Type: Synthetic / Volatility Indices/Hedge
• Minimum Balance: $1000 USD
• Leverage: 1:10000

⚠️ Important Notes

• Designed for high-volatility instruments
• Works best on stable spreads and fast execution brokers
• Not suitable for very low-balance accounts due to stacking logic

📊 Who Is This For?

• Traders who want automated reversal entries
• Users looking for controlled grid/stack strategy
• Anyone needing strict risk protection + automation

⚠️ Risk Disclaimer

Trading involves risk. Past performance does not guarantee future results.