VegaXLR - Trendline Trading cBot

23/09/2025
2
Desktop, Mobile, Web


This cBot detects manually drawn trendlines on your chart and opens trades when the price interacts with them, providing a fully customizable trading experience with advanced risk management, stop loss, take profit, and alert options.
User guide included.
Key Features & How It Works
- Trade Initiation
- Detects trendline touches or proximity (within user-defined pips).
- Supports bounce (reversal) and continuation trades based on trendline direction.
- Users manually draw and label trendlines with risk settings (e.g., "$50" for money risk, "%2.5" for balance risk).
- Risk Management
- Choose from Fixed Lots, Money Risk, or Balance Percentage for trade sizing.
- Add risk details in trendline comments or use default parameters if no input is provided.
- Stop Loss & Take Profit
- Multiple methods: fixed pips, average bar size, nearest horizontal lines, or detected price extremes.
- Proximity zones prevent trades if targets are too close to horizontal lines.
- Option to recycle trendlines or delete them after trade closure.
- Alerts & Notifications
- Alerts via Telegram, email, pop-ups, and sound.
- Telegram alerts can include screenshots of the chart.
- Works seamlessly with the cTrader Analysis Tools Alerts indicator for enhanced management.
- Extra Controls
- Automatically lock trendlines during trades to prevent accidental changes.
- Option to allow or block trades when the price gaps over the trendline.
- Simple user interface with a help button linking to a guide.
How to Use
- Draw Trendlines on your cTrader chart and add comments to specify trade risk (optional).
- Configure Parameters for risk management, stop loss, take profit, and alerts.
- When the price interacts with the trendline, the cBot will open a trade following your predefined conditions.
- Use proximity zones to prevent small or unsafe trades.
- Monitor and receive alerts through your chosen channels (Telegram, email, or pop-ups).
This tool offers high flexibility and control for traders who rely on technical analysis with trendlines, helping them manage risk and automate trade execution effectively.
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