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Trading product for King's War Strategy V.1 cBot Prop XAUUSD, image 1
King's War Strategy V.1
cBot
Version 1.0, Sep 2024
Windows, Mac, Mobile, Web
Trading product for King's War Strategy V.1 cBot Prop XAUUSD, image 2
Trading product for King's War Strategy V.1 cBot Prop XAUUSD, image 3
Trading product for King's War Strategy V.1 cBot Prop XAUUSD, image 4
Trading product for King's War Strategy V.1 cBot Prop XAUUSD, image 5
Trading product for King's War Strategy V.1 cBot Prop XAUUSD, image 6
Trading product for King's War Strategy V.1 cBot Prop XAUUSD, image 7
Trading product for King's War Strategy V.1 cBot Prop XAUUSD, image 8
Trading product for King's War Strategy V.1 cBot Prop XAUUSD, image 9
Trading product for King's War Strategy V.1 cBot Prop XAUUSD, image 10
Since 22/09/2024
15
Sales
3.28K
Free installs

Description

King’s War Strategy ( Use Renko Chart )

🎯 Strategy Overview

• Start with an initial lot size (InitialVolume) and limit the maximum lot size (MaxLot).
• Optional Compound mode can increase the initial lot size step by step when the account profit grows by the set percentage (ProfitIncreasePercentage + VolumeIncreaseStep).

Trading on each bar:
• On every new bar, the cBot checks and updates the account balance.
• It closes all open positions and immediately opens a new position.

New position rules:
1. First trade – if there is no open position yet, the cBot randomly opens a Buy or Sell order.
2. After closing a position:
  • If the last trade closed in profit → open the next trade in the SAME direction.
  • If the last trade closed in loss → open the next trade in the OPPOSITE direction.

Martingale Logic:
• Counts consecutive losses (_consecutiveLosses).
• When losses reach StartMartingaleAfterLosses → multiply the trade volume by MartingaleMultiplier.
• If the calculated lot size exceeds MaxLot, it is capped at MaxLot.

Spread Filter:
• Before opening a new trade, the cBot checks the current spread.
• If spread > MaxAllowedSpread → no new trade is opened.

Compound Logic (if enabled):
• When account profit grows by the set percentage (ProfitIncreasePercentage),
  the InitialVolume is increased by VolumeIncreaseStep so the starting lot grows with account profit.

📑 Input Parameters

• Lot Size (InitialVolume) → Starting lot size of the first trade.
• Max Lot Size (From Broker) → Maximum allowed lot size (to limit Martingale growth).
• Martingale → Lot size multiplier after consecutive losses (e.g. 3.0 = triple the lot size).
• Start Martingale After Losses → Number of consecutive losses before Martingale starts.
• Max Spread → Maximum spread (pips) allowed to open a trade.
• Use Compound → Turn on/off automatic increase of the starting lot based on account profit.
• Compound (%) (ProfitIncreasePercentage) → Percentage of profit growth that triggers an increase in starting lot size.
• Compound Volume Step (VolumeIncreaseStep) → Lot size to add every time the profit threshold is reached.

💡 Developer’s Note

This system is not suitable for live trading in regular CFD broker accounts because it uses Martingale (doubling or tripling the lot size after losses). This makes it a high‑risk strategy. It is recommended for Prop Firm trading environments instead.

Summary

Trading profile

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Discussion

FAQ

Prop
XAUUSD
Martingale
NAS100
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 22/09/2024
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Sales
3.28K
Free installs