🎯 NecklineSniperPro: Advanced Pattern Breakout cBot

Automate classic chart patterns with surgical precision. NecklineSniperPro is a powerful, fully automated cTrader algorithmic trading robot designed to hunt down high-probability Double Top (M-Pattern) and Double Bottom (W-Pattern) formations. By calculating real-time swing highs and lows, the bot patiently waits for the perfect setup and strategically places pending orders right at the neckline breakout.

Whether you are a set-and-forget trader or a technical analyst looking to automate your strategy, NecklineSniperPro offers unparalleled execution, dynamic recovery, and institutional-grade risk management.

✨ Core Features

📐 Precision Pattern Detection The bot utilizes a highly customizable swing-point algorithm to identify true Double Tops and Bottoms. Set your own Swing Lookback and Price Tolerance (Pips) to filter out market noise and only trade textbook setups.

⚡ Smart Order Execution & Stacking Instead of jumping in early, NecklineSniperPro places pending Stop Orders directly at the calculated neckline. It also features an optional Position Stacking module, allowing you to scale into winning breakout setups up to your defined maximum limit.

🔄 Intelligent Recovery System Losing trades happen, but NecklineSniperPro fights back. If enabled, the bot's dynamic recovery engine immediately queues a recovery trade upon a stop-out. It calculates a smart, dynamic Stop Loss based on the most recent swing levels and uses a customizable Take Profit multiplier to safely recover drawdowns.

🛡️ Ironclad Daily Risk Protector Protect your funded accounts and personal equity with built-in daily limits. Set a Max Daily Loss or Max Daily Profit in USD. Once your threshold is reached (combining both realized and floating PnL), the bot automatically closes all positions, cancels pending orders, and safely suspends trading until midnight server time.

🛑 Weekend Gap Protection Never get caught in massive weekend market gaps again. The built-in Friday Close feature will automatically liquidate all active trades and wipe pending orders at your specified Friday hour (UTC).

🎨 Real-Time Visual Charting Watch the bot work its magic. NecklineSniperPro automatically draws pattern trendlines and plots the breakout necklines directly on your cTrader charts in real-time (Red for Bearish, Green for Bullish), giving you total transparency into its decision-making.

⚙️ Fully Customizable Parameters

Tailor the bot to match your exact trading style and risk appetite:

• Trade Settings: Base volume (Lots), toggle Symbol Min Volume, Enable/Disable Position Stacking, Max Stacked Positions, and Order Expiry.
• Pattern Detection: Swing Lookback period and Pattern Price Tolerance (Pips).
• Recovery Settings: Toggle Recovery Trades on/off, and set your Recovery Take-Profit Multiplier.
• Risk Management: Enable/Disable Max Daily Profit & Loss, set strict USD equity limits, and configure the Friday Auto-Close hour.

🚀 Why Choose NecklineSniperPro?

• Removes Emotion: Trades pure price action and structural breakouts without hesitation.
• Funded Account Friendly: The hard daily equity stops make it an excellent companion for passing and managing prop firm evaluations.
• Highly Optimized: Built with queue-based execution to prevent standard cTrader "collection modified" errors during rapid market movements and bulk order closures.
  
  👤 Who is this cBot Suited For?

This robot is highly versatile and is perfectly suited for several specific types of traders:

• 🏦 Prop Firm & Funded Traders Prop firms have strict daily drawdown rules. With the Enable Max Daily Loss and Enable Max Daily Profit features, this bot automatically locks your account from trading once your exact USD limits are hit, keeping your funded accounts safe from violation.
• 📈 Breakout & Price Action Traders If you love trading classic structural patterns but hate staring at the charts waiting for the setup, this bot does the heavy lifting. It mathematically identifies swing highs/lows and places pending stop orders exactly at the breakout neckline.
• 🛡️ Risk-Conscious & "Set-and-Forget" Traders With the built-in Close All on Friday parameter, you never have to worry about leaving trades open over the weekend or getting wrecked by Monday market gaps. You can let the bot run entirely hands-free during the week.
• 🔄 Drawdown Recovery Traders False breakouts happen. The built-in Enable Recovery Trade system is perfect for traders who want an automated backup plan. If a breakout fails and hits stop-loss, the bot instantly calculates a dynamic stop based on recent swings and executes a recovery trade with a multiplied Take Profit to recoup the loss.
• ⚡ Aggressive Scalpers (Stacking) Traders who want to maximize a winning breakout can use the Enable Position Stacking feature to load up to a specified maximum number of orders at the neckline, capturing explosive momentum when key levels break.
  
  📊 Verified Backtest Performance & Results

Real-data backtesting highlights from the cTrader strategy tester showing the power of the NecklineSniperPro pattern breakout and recovery engine:

Metric

Result

🏦 Broker

Deriv

🪙 Asset / Pair

XAUUSD (Gold)

⏱️ Timeframe

M5 (5-Minute)

⚙️ Leverage

1:10000 (or standard broker leverage)

Backtest Source Data

Tick Data from Server (Accurate)

💰 Starting Capital

$1,000.00

Here is a beautifully formatted Default Parameters & Settings section that you can add directly to your cTrader Store listing. Breaking them down by group makes it incredibly easy for potential buyers to understand how customizable the bot is.

🎛️ Default Parameters & Settings Breakdown

NecklineSniperPro is built to be highly customizable. Out of the box, it comes pre-configured with our optimized baseline settings, but you have full control to tweak every variable to match your specific asset, timeframe, and risk appetite.

🛒 Trade Settings

Parameter

Default Value

Description

Use Symbol Min Volume

False

If True, overrides manual lot size and automatically uses the broker's minimum allowed lot size for the traded asset.

Volume (Lots) per Order

0.04

The base fixed lot size for initial breakout trades.

Enable Position Stacking

True

Allows the bot to place multiple pending orders at the neckline to scale into winning breakouts.

Max Stacked Positions

4

The maximum number of total active/pending orders allowed for a single pattern.

Order Expiry (Months)

1

Automatically cancels unfilled pending breakout orders after this duration to prevent stale setups.

📐 Pattern Detection

Parameter

Default Value

Description

Swing Lookback

2

The number of bars checked to the left and right to confirm a valid market swing high/low structure.

Price Tolerance (Pips)

5

The maximum pip difference allowed between the two peaks/troughs to be considered a valid Double Top/Bottom.

🔄 Recovery Settings

Parameter

Default Value

Description

Enable Recovery Trade

True

Activates the smart recovery engine. If a breakout fails, it places a reverse trade based on recent swing structure.

Recovery TP Multiplier

3.0

Multiplies the dynamically calculated Stop Loss distance to set an aggressive Take Profit for the recovery trade.

🛡️ Risk Management

Parameter

Default Value

Description

Enable Max Daily Profit

False

Toggles the daily profit target protector on or off.

Max Daily Profit (USD)

100

Once combined realized/floating profit hits this number, the bot closes all trades and sleeps until tomorrow.

Enable Max Daily Loss

False

Toggles the strict daily drawdown equity protector on or off.

Max Daily Loss (USD)

100

If total daily PnL drops to this negative amount, trading is immediately halted for the rest of the day.

Close All on Friday

True

Toggles the weekend gap protector on or off.

Friday Close Hour (UTC)

21

The exact hour on Friday (in UTC) when the bot will automatically close all open positions and cancel pending orders.

⚠️ Risk Warning & Legal Disclaimer

Please read this disclaimer carefully before downloading, purchasing, or using NecklineSniperPro.

📉 High-Risk Investment Warning: Trading foreign exchange (Forex), CFDs, indices, commodities, and cryptocurrencies on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage available in the markets can work against you as well as for you. Before deciding to trade or use automated trading software (cBots), you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you could sustain a loss of some or all of your initial investment; therefore, never trade or risk capital you cannot afford to lose.

📊 Past Performance & Backtesting: Any backtest results, forward-testing simulations, or historical performance metrics presented are hypothetical and provided for informational and illustrative purposes only. Past performance is no guarantee of future results. Financial market conditions are constantly changing, and no trading robot or algorithm can guarantee profits or prevent losses in volatile, illiquid, or unpredictable market environments.

🎓 Not Financial or Investment Advice: NecklineSniperPro is an automated trading tool and technical analysis software package. Neither the developer nor this store listing provides financial, legal, tax, or investment advice. The user assumes full, sole responsibility for all parameter configurations, lot sizing, risk rules, and trading decisions executed on their live or demo accounts.

⚙️ Execution, Technology & Broker Risk: Automated trading involves technical risks outside the control of this software, including but not limited to internet connection failures, VPS downtime, broker server disconnects, latency, execution slippage, wide spreads, and order rejection during high-impact news events. The developer accepts no liability or responsibility for financial losses incurred as a result of using this cBot.

🧪 Recommended Best Practice - Test on Demo First: It is strongly recommended that all users thoroughly test NecklineSniperPro on a cTrader Demo Account for a minimum of 4–8 weeks to understand its pattern detection behavior, position stacking mechanics, and recovery system under live market conditions before deploying it on a live funded or personal trading account.