FSG Ultimate
cBot
4 purchases
Version 1.0, Jan 2025
Windows, Mac, Mobile, Web
5.0
Reviews: 2
Description
OVERVIEW
Grid trading robot for cTrader with SuperTrend and Stochastic filters. Uses one shared take-profit per side, fixed or based on ATR. Includes risk controls by side, bar, spread, and day.
FLOW
- Checks spread and allowed trading days.
- Confirms signals with chosen filters.
- Opens first position if side is allowed.
- Expands grid when price moves away from previous entries by a set distance.
- Increases volume progressively per new entry.
- Closes all positions on a side with a shared take-profit, fixed or ATR-based.
- Applies caps on positions per side, per bar, by losses, and by bidirectionality.
SIGNALS AND FILTERS
- SuperTrend: buy if price is above support line, sell if below resistance line.
- Primary Stochastic: buy when %K crosses above %D in oversold area, sell when %K crosses below %D in overbought area.
- Secondary Stochastic: confirms signals if recent crosses occurred within a defined range and thresholds.
- Disabled filters do not block entries.
GRID LOGIC
- New orders only when price exceeds last grid level by a minimum distance.
- Position size can increase step by step, capped by platform maximum.
TAKE PROFIT
- Fixed target in pips from average entry price.
- Or ATR-based, adapting to market volatility.
LIMITS AND PROTECTIONS
- Blocks entries if spread is too wide.
- Restricts trading on specific days (e.g., Friday, Sunday).
- Limits number of positions per bar, avoids duplicates in same candle if set.
- Stops adding to a side if too many losing trades.
- Can block opening opposite sides simultaneously.
- Caps maximum active positions per direction.
Summary
AI summary
FSG Ultimate is an automated trading robot (cBot) designed for the cTrader platform, implementing a grid trading strategy enhanced with technical indicators including Stochastic Oscillator, SuperTrend, and Average True Range (ATR). It operates by opening and managing staggered positions with dynamic volume scaling and take-profit levels that can be fixed or volatility-based using ATR.
Key features include configurable filters for buy and sell signals, risk controls such as maximum spread limits, stop-loss settings, and caps on the number of open positions per direction and per candlestick. The bot supports optional secondary Stochastic and SuperTrend indicators for additional trade confirmation, as well as an ATR-based volatility filter to restrict trading during low-volatility periods.
The grid logic ensures new orders are placed only when price moves beyond a set distance from previous entries, with progressive volume increases per new position. Take-profit targets are shared per side and can adapt dynamically to market conditions. The bot also enforces trading day restrictions and limits simultaneous opposite-side positions to maintain risk discipline.
FSG Ultimate supports multiple markets including Forex pairs (EURUSD, GBPUSD, USDJPY, NZDUSD), cryptocurrencies (BTCUSD), indices (NAS100), and commodities (XAUUSD). It offers extensive parameter customization to align with various trading styles and risk tolerances, suitable for backtesting and forward testing before live deployment.
Key features include configurable filters for buy and sell signals, risk controls such as maximum spread limits, stop-loss settings, and caps on the number of open positions per direction and per candlestick. The bot supports optional secondary Stochastic and SuperTrend indicators for additional trade confirmation, as well as an ATR-based volatility filter to restrict trading during low-volatility periods.
The grid logic ensures new orders are placed only when price moves beyond a set distance from previous entries, with progressive volume increases per new position. Take-profit targets are shared per side and can adapt dynamically to market conditions. The bot also enforces trading day restrictions and limits simultaneous opposite-side positions to maintain risk discipline.
FSG Ultimate supports multiple markets including Forex pairs (EURUSD, GBPUSD, USDJPY, NZDUSD), cryptocurrencies (BTCUSD), indices (NAS100), and commodities (XAUUSD). It offers extensive parameter customization to align with various trading styles and risk tolerances, suitable for backtesting and forward testing before live deployment.
Trading profile
Customer reviews
5.0
Reviews: 2
5 | 100 % | |
4 | 0 % | |
3 | 0 % | |
2 | 0 % | |
1 | 0 % |
Discussion
FAQ
BTCUSD
Forex
Signal
EURUSD
GBPUSD
NZDUSD
Supertrend
Crypto
Grid
XAUUSD
NAS100
ATR
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.
Price
Since 24/09/2024
4
Sales