This cBot utilizes a dual moving average strategy to trade BTCUSD, ensuring profitability and risk management. It opens buy or sell trades based on the crossover of fast and slow Exponential Moving Averages (EMAs).
Key features include:
Dual Moving Averages: Fast EMA-Slow EMA:
Time Frame: Runs on 1H timeframe to achieve target profit.
Target Profit: Stops trading once target profit is reached.
Initial balance: $250
Demo accounts Running Times: Only start running on Saturdays and keep running until Sandays if profit target not reached.
Back Testing Period: one-two days starting Saturdays.
ROI: 199%
Margin Level Management:
Above 115%: Trading continues.
80-115%: Trading is paused.
40-80%: Partial position closures.
Below 30%: All positions closed to prevent further losses.
Account Type: Hedging, leverage:1:500 recommended.
Account Currency: USD
Customizable Volume Control: Position size is adjustable (default: 0.02 lots), giving traders flexibility to align the bot with their individual risk tolerance and capital allocation strategies.
Position Management: Automatically opens new trades when crossover signals occur and manages existing positions through partial or full closures based on margin thresholds.
Demo and Back testing Only: This cBot is restricted to non-live accounts for safe testing and learning purposes.
This Cbot offers a comprehensive framework for managing trading risk while introducing moving averages, profit targets, and dynamic margin handling in the BTCUSD market.
Disclaimer
Trading involves risk. Past performance does not guarantee future results.
