MyCbots is a swing trading bot optimized for the H1 timeframe, primarily designed for trading XAUUSD (Gold) but adaptable to other instruments. It employs a proprietary "Box Break Structure" methodology that identifies market consolidation zones ("boxes") based on candle body behavior and targets directional breakouts during expansion phases. The bot begins with an internal calibration phase to map historical price structure and define the current market range, during which trading is disabled to ensure accuracy.
Entries occur only when price decisively breaks out of the defined box with confirmation from volatility expansion and structural signals, focusing on swing continuation rather than scalping. Risk management includes fixed stop loss and take profit levels, break-even protection after reaching profit thresholds, and trailing stops to capture extended moves. Monthly performance tracking helps maintain disciplined exposure and prevent overtrading.
Key configurable parameters include lot size, target profit, stop loss, break-even trigger, and trailing stop settings. The bot is suited for intermediate to advanced swing traders using H1–H4 structures, with mid to large account sizes. It is designed for low-frequency, high-quality entries and requires stable execution conditions, especially on XAUUSD. The strategy performs best in clear market cycles of consolidation and expansion.