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Trading product for FOREX ALPHA_noSourceCode cBot, image 1
FOREX ALPHA_noSourceCode
cBot
Version 1.0, Feb 2025
Windows, Mac, Mobile, Web
Trading product for FOREX ALPHA_noSourceCode cBot, image 2
Trading product for FOREX ALPHA_noSourceCode cBot, image 3
Trading product for FOREX ALPHA_noSourceCode cBot, image 4
Trading product for FOREX ALPHA_noSourceCode cBot, image 5
Trading product for FOREX ALPHA_noSourceCode cBot, image 6
Trading product for FOREX ALPHA_noSourceCode cBot, image 7
Trading product for FOREX ALPHA_noSourceCode cBot, image 8
130
Sales
13.44K
Free installs

Description

Summary

AI summary
FOREX ALPHA_noSourceCode is a trading bot designed for the USDCHF forex pair, operating primarily on H4 and H1 timeframes. It employs a breakout strategy combined with trend confirmation to identify decision points in key price regions while filtering out consolidation phases. The algorithm emphasizes strict risk management, calculating trade volumes based on risk parameters and maintaining a risk per trade of 1%. It targets a risk/reward ratio of 1:2, ensuring that average profits are at least twice the average losses. The bot opens up to eight positions monthly, with a low-risk profile characterized by take profit levels consistently exceeding stop losses. Over a five-year test period, it demonstrated a maximum annual drawdown of 7% and aims for a monthly return of approximately 5%. This approach balances cautious exposure with trend-following techniques to manage trades efficiently within the specified forex market segment.
Trading profile

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Discussion

FAQ

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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