"Moving Average" cBot (Trial Version)

The paid version is available here

Note on the Trial Version This version of the bot is a limited trial and will only work on Demo accounts for a period of 15 days from its first launch. All parameters described below are active and fully testable.

Review of the 'Moving Average' cBot (Trial Version) 🤖

After an extensive development journey, we have crafted a cBot that transcends simple automation. This trial version allows you to test the power and flexibility of a meticulously customized systematic trading tool.

A 3-Tier Entry Logic: Approach, Touch, and Break 🎯

The bot's core is based on a sophisticated 3-tier system that analyzes the interaction between the price and the moving average:

1. Approach: Reacts when the price enters a "hot zone" around the moving average.
2. Touch: Captures potential bounces when the price "tests" the moving average without breaking it.
3. Break: Executes the classic trend-following signal when the price closes decisively across the MA.

The true genius lies in its flexibility: for each of these 6 scenarios, you can assign a different action: Long, Short, or None.

Risk Management: The True Highlight 🛡️ ★★★★★

This trial version includes the complete risk management suite, allowing you to fully test:

• Asymmetrical Stop Loss and Take Profit: For different risk/reward profiles between long and short trades.
• Automatic Break Even: To eliminate risk on a profitable trade.
• Trailing Stop with a Trigger: To maximize gains during a trend.

Key Evolutions & Next Steps 🚀

This version includes the powerful ADX Filter to measure trend strength and avoid sideways markets. The next logical step for the full version will be the implementation of a Time Filter to restrict operations to specific market sessions.

Trial Version & Full License 🛒

This is a fully functional trial version, designed to demonstrate all the bot's capabilities in a safe environment. It has two simple limitations:

1. It works only on Demo accounts.
2. It expires 15 days after the first use.

The full, unlimited version, usable on Live accounts and including future updates, is available for a one-time price of €49.

Final Verdict 🏆

Part 2: Detailed Parameter Guide

Note on the Trial Version This version of the bot is a limited trial and will only work on Demo accounts for a period of 15 days from its first launch. All parameters described below are active and fully testable.

Group: Entry Logic

• Approach Distance (Pips) 📏
• • Description: Defines a "proximity zone" in pips around the moving average.
  • Default Value: 10
• a) Approach from Above / Below 🚶
• • Description: Choose the action (Long, Short, None) for when the price enters the proximity zone from above or below, without touching the MA.
  • Default Value: None
• b) Touch from Above / Below 👆
• • Description: Choose the action for when the candle's wick touches the MA but the body closes without breaking it. Ideal for bounce strategies.
  • Default Value: Long for a touch from above, Short for a touch from below.
• c) Break from Above / Below 💥
• • Description: Choose the action for the classic crossover, when the price closes decisively beyond the MA. Ideal for trend-following strategies.
  • Default Value: Short for a break from above, Long for a break from below.

Group: Indicators

• MA Period ⏳
• • Description: The number of candles used to calculate the moving average.
  • Default Value: 50
• MA Type 🎨
• • Description: The calculation type of the moving average (e.g., Exponential or Simple).
  • Default Value: Exponential

Group: Filters

• Enable ADX Filter 🚦
• • Description: If true, the bot will only trade if the trend strength is above the defined threshold.
  • Default Value: true
• ADX Period ⏳
• • Description: The calculation period for the ADX indicator.
  • Default Value: 14
• ADX Threshold 📊
• • Description: The minimum trend strength level. The bot will ignore signals if the ADX is below this value.
  • Default Value: 25

Group: Trading

• Volume (Lots) ⚖️
• • Description: The size of each trade, expressed in lots.
  • Default Value: 0.01
• Max Long/Short Positions #️⃣
• • Description: The maximum number of positions the bot can hold open simultaneously in each direction.
  • Default Value: 1
• Instance Label 🏷️
• • Description: A unique name to identify this bot's trades.
  • Default Value: AdvMACross_Trial

Group: Risk Management

Take Profit Long/Short (Pips) 🏆 & Stop Loss Long/Short (Pips) 🛡️

Description: Sets the initial Stop Loss and Take Profit in pips, separately for Long and Short trades. Set to 0 to disable.

Enable Break Even ⛑️

Description: If true, enables the feature that moves the stop loss to break even.

Default Value: true

Trigger (Pips) [for Break Even] ⚡

Description: The profit in pips required to trigger the Break Even function.

Default Value: 20

Extra (Pips) [for Break Even] ✨

Description: The number of pips in profit to "lock in" (the SL will be moved to entry price + Extra pips).

Default Value: 2

Enable Trailing Stop 🛰️

Description: If true, enables the dynamic stop loss.

Default Value: true

Trigger (Pips) [for Trailing Stop] ⚡

Description: The profit in pips required to activate the Trailing Stop.

Default Value: 15

Distance (Pips) [for Trailing Stop] 📏

Description: The distance in pips that the SL will maintain from the highest/lowest price reached.

Default Value: 25

For the backtesting and live proving of these cBots, I am utilizing IC Markets And ICTrading: Visit IC Markets Visit IC Trading