ChakaTrendBot is a trading bot designed for the USDCAD currency pair, integrating institutional-grade logic within the cTrader platform. It employs a multi-timeframe trend detection approach, using RSI on higher timeframes (default H4) to establish directional bias. Entry timing is refined through a combination of Heikin Ashi candle patterns and VWAP positioning on the M15 chart, aiming for high-probability trade entries.

Key features include dynamic risk management that calculates lot size based on user-defined risk percentage and ATR-based stop loss distance, with an option for fixed lot sizing. The bot incorporates a smart trailing stop mechanism that activates after a trade gains 35%, using ATR to protect profits while allowing trend continuation. Equity protection is enforced via daily profit and loss limits (default +10% / -2%) to manage capital preservation and prevent overtrading.

A clean visual dashboard displays real-time indicators such as RSI, VWAP delta, ATR, equity performance, and active trades with color-coded cues for quick assessment. All trades are tagged on the chart and logged to a CSV file for performance tracking. The strategy follows a trend-following style with momentum confirmation, customizable risk/reward ratio (default 1:3), and uses RSI, VWAP, Heikin Ashi, and ATR indicators.