Overview 🔍

Forex Super Grid is an advanced trading robot for cTrader that combines the classic Grid strategy with powerful technical indicators—such as Stochastic, SuperTrend, and ATR. Thanks to a broad range of configurable parameters (spread limits, step-based volume scaling, optional volatility filters, etc.), it provides an automated and customizable approach that suits various trading styles and market conditions.

Its key feature is the ability to open and manage positions in a staggered manner, dynamically adjusting both trade volume and take-profit levels based on current volatility. You can enable or disable main technical signals, set stop losses, and limit the number of open positions to keep risk under tight control.

Main Settings and Configuration ⚙️

Below you’ll find the most important parameter categories within the cBot:

1. General (Bot Settings) 🏁

• Enable Buy (default: true) ✅
  Toggles the ability to open Buy positions.
• Enable Sell (default: true) ✅
  Toggles the ability to open Sell positions.
• Maximum Spread (pips) (default: 3.0) ⚖️
  Maximum spread allowed for new trades.
• Average Take Profit (pips) (default: 3) 💰
  The take-profit (in pips) for all trades in the same direction.
  (If you’re not using ATR-based take profit, 1–10 pips is recommended on a 1-hour timeframe.)
• Stop Loss (pips) (default: 0) ❌
  A fixed stop-loss in pips. If set to 0, no fixed stop-loss is used.
• Maximum Buy Positions (default: 3) 📈
  Limits the total number of Buy trades open at the same time.
• Maximum Sell Positions (default: 3) 📉
  Limits the total number of Sell trades open at the same time.
• Maximum Trades Per Bar (default: 1) 🔒
  Restricts how many trades can be opened within a single candlestick.

2. Grid Settings 📐

• Step Size (pips) (default: 10) 📏
  The pip distance between the first trade entry and subsequent grid levels.
  (Recommended range: 2–10 pips on a 1-hour timeframe.)
• Initial Volume (Units) (default: 1000) ⚙️
  The volume of the first trade in the Grid series.
• Volume Exponent (default: 1.0) ➗
  Multiplies the trading volume for each new position in the grid.
  (Values greater than 1.0 progressively increase trade volume.)

3. Primary Stochastic Oscillator ♻️

• Use Stochastic Oscillator (default: true)
  Enables or disables the primary Stochastic as a filter.
• Oscillator Timeframe ⏰
  Timeframe used to calculate the Stochastic.
• K Period (14), D Period (3), Smoothing (3)
  Standard Stochastic parameters for %K, %D, and smoothing.
• Moving Average Smoothing Type (default: WilderSmoothing)
  The type of moving average used to smooth the Stochastic.
• Oversold Level (20), Overbought Level (80)
  Thresholds indicating oversold and overbought levels.
• Cross Over Distance (default: 0)
  The number of bars considered to confirm a valid crossover between %K and %D.
  (Recommended range: 1–10.)

4. Secondary Stochastic Oscillator (Optional) ♻️♻️

(Often used for additional confirmation of the primary Stochastic on longer timeframes like 8–12 hours.)

• Use Second Stochastic Oscillator (default: false)
  Adds a secondary Stochastic for further confirmation.
• Second Oscillator Timeframe ⏰
  Timeframe for the second Stochastic.
• K Period (14), D Period (3), Smoothing (3)
  The %K, %D, and smoothing settings for the second Stochastic.
• Moving Average Smoothing Type (default: WilderSmoothing)
  The smoothing type for the second Stochastic.
• Oversold Level (20), Overbought Level (80)
  Oversold and overbought levels for the second Stochastic.
• Cross Over Distance (default: 0)
  The number of bars to confirm a valid crossover in the second Stochastic.
  (Recommended range: 1–10.)

5. SuperTrend (Optional) 🌐

• Use SuperTrend (default: false)
  Enables the SuperTrend indicator as an additional trend filter.
• ATR Period (14), ATR Multiplier (3.0)
  Parameters for calculating the SuperTrend line.

6. ATR Filter (Optional) 🌪️

• Use ATR Filter (default: false)
  Activates a volatility filter (Normalized ATR).
• ATR Filter Timeframe, ATR Filter Period (14), Threshold Multiplier (0.5), Smoothing Type (Simple)
  Configures how the market’s minimum volatility is calculated and whether trades are filtered out during low-volatility conditions.

7. ATR for Take Profit (Optional) 🎯

• Use ATR for Take Profit (default: false)
  Dynamically calculates the take profit based on market volatility.
• ATR Timeframe ⏰
  The timeframe used for the ATR dedicated to take-profit calculation.
• ATR Period (14)
  The period for measuring volatility via ATR.
• ATR Multiplier for TP (2.0)
  A multiplier applied to the ATR to set the take-profit distance.

Usage Tips and Best Practices 💡

Align the Grid with Your Strategy

Adjust parameters like Step Size and Volume Exponent to match your risk tolerance and overall trading style, whether conservative or aggressive.

Risk Management ⚠️

• Use Stop Loss (pips) to limit potential losses.
• Define a Maximum Spread (pips) to avoid trading when spreads are unusually high.
  (Some traders prefer not using a hard stop-loss but setting up a maximum risk threshold in their strategy.)

Technical Indicators 📊

Enable or disable Stochastic, SuperTrend, and other filters according to your preference. If you don’t need one, simply set it to “false.”
(These indicators are especially helpful in trending markets.)

Volatility Check 🌡️

Turn on Use ATR Filter if you want to trade only in sufficiently volatile markets. Adjust the Threshold Multiplier to tweak sensitivity.

Dynamic Take Profit 🚀

With Use ATR for Take Profit, the bot automatically adjusts your profit targets based on real-time volatility, potentially enhancing returns.

Testing and Optimization 🧪

Perform both backtesting and forward testing before going live. Fine-tune settings to ensure they align with your overall trading plan.

Conclusion 🏆

Forex Super Grid seamlessly integrates a robust Grid strategy with advanced technical analysis and comprehensive customization options. This allows you to automate and scale your trading under various market conditions while maintaining strict risk control. Explore its settings and unlock the full potential of this cBot for your trading approach!