Trading product for FSG Ultimate cBot BTCUSD Forex, image 1
cBot
4 purchases
Version 1.0, Jan 2025
Windows, Mac, Mobile, Web
5.0
Reviews: 2
Trading product for FSG Ultimate cBot BTCUSD Forex, image 2
Trading product for FSG Ultimate cBot BTCUSD Forex, image 3
Trading product for FSG Ultimate cBot BTCUSD Forex, image 4
Trading product for FSG Ultimate cBot BTCUSD Forex, image 5
Trading product for FSG Ultimate cBot BTCUSD Forex, image 6
Trading product for FSG Ultimate cBot BTCUSD Forex, image 7
Trading product for FSG Ultimate cBot BTCUSD Forex, image 8
Since 24/09/2024
4
Sales

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.


Trading profile
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.

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Since 24/09/2024
4
Sales