Description
This cBot is a systematic trend-following and breakout system designed to capture high-probability momentum shifts. The core logic relies on the synergy between the Supertrend and the Relative Strength Index (RSI). Breakout Confirmation: The bot identifies key structural breakouts confirmed by the Supertrend indicator to establish the immediate market bias. Momentum Filtering: The RSI is utilized to ensure the bot enters during active momentum, avoiding "exhaustion" entries at the end of a trend. Top-Down Confluence: To increase the win rate, the bot incorporates a Daily Timeframe Filter. It will only execute trades on the lower timeframe (H1) if they align with the dominant trend on the Daily chart. Operational Specifications Optimized Timeframes: Primarily engineered for the 1-Hour (H1) timeframe or higher. Trade Duration: Most positions are "Swing-Intraday," typically lasting between 2 hours and 3 days. Tested Assets: Rigorously backtested and optimized specifically for XAUUSD (Gold) and NAS100 (Nasdaq). Risk Management Framework The bot features a built-in risk calculator to protect capital and ensure long-term sustainability. Standard Risk-to-Reward (RR): 1:2. Adjustable Parameters: Users can customize the Risk Percentage per trade. Recommendation: For accounts with significant equity, a conservative risk of 2% to 5% per trade is recommended. Protection: The bot utilizes hard Stop Losses and Take Profits based on the ATR or indicator levels to mitigate volatility spikes.
Summary
The bot primarily targets swing to intraday trades lasting from 2 hours up to 3 days. It has been rigorously backtested and optimized for trading XAUUSD (Gold) and NAS100 (Nasdaq). Risk management includes a fixed risk percentage per trade, adjustable by the user, with a recommended range of 2% to 5%. It uses hard stop losses and take profits based on Average True Range (ATR) or indicator levels, aiming for a risk-to-reward ratio of 1:2.
Key features include built-in risk calculation, medium trade frequency, support for market order types, and a maximum of five simultaneous positions with lot sizes up to 10. The bot operates with a fixed risk percentage model and incorporates session filtering and break-even management tools. It is designed for technical analysis and day trading styles on the FxPro broker platform.
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