Description
Sophisticated EMA crossover cBot. Below is a list of key components:
Moving Averages Setup:
- EMA1: Acts as a signal line.
- EMA2: Used for entry.
Volume Management:
- Volume: Adjust position size.
- Multiplier Type: Specifies whether to use volume multipliers after wins or losses. It can be set only to "win" or “loss”.
- Volume multiplier: “1” to turn off multiplier as you may have guessed.
Position Protection:
- StopLoss
- TakeProfit
- Trailing Stoploss
Trading Logic:
- Checks for EMA crossovers and executes trades accordingly.
- The algorithm includes logic to prevent multiple trades within a short time using the hasTraded flag.
- The SetTrailingStop method is used to implement a trailing stop feature for both long and short positions.
Disclaimer:
- Trading algorithms involve risk, and this script should be thoroughly tested in a simulated environment before using it in a live trading scenario. Users should understand the parameters and logic to adapt them to their risk tolerance and market conditions. I take no responsibility for your losses.
using System;
using cAlgo.API;
using cAlgo.API.Indicators;
using cAlgo.API.Internals;
using cAlgo.Indicators;
// cTrader mirk0
// Github mirbyte
namespace cAlgo
{
[Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
public class EMACrossEntryBot : Robot
{
[Parameter("Public v1.0", DefaultValue = "https://ctrader.com/users/profile/64575", Group = "m0")]
public string M_ { get; set; }
[Parameter("Period for EMA1 (signal)", DefaultValue = 50, Group = "Moving Averages")]
public int EMA1Period { get; set; }
[Parameter("Period for EMA2 (entry)", DefaultValue = 200, Group = "Moving Averages")]
public int EMA2Period { get; set; }
[Parameter("Volume", DefaultValue = 10000, MinValue = 10, Step = 1000, Group = "Volume")]
public int Volume { get; set; }
[Parameter("Multiplier Type (win or loss)", DefaultValue = "win", Group = "Volume")]
public string MultType { get; set; }
[Parameter("Volume Multiplier After Win/Loss (1 = off)", DefaultValue = 1, Group = "Volume")]
public int Vm { get; set; }
[Parameter("Multiplier After Second Win/Loss (1 = off)", DefaultValue = 1, Group = "Volume")]
public int Vm2 { get; set; }
[Parameter("Stop Loss (pips)", DefaultValue = 30, Group = "Position Protection")]
public int StopLoss { get; set; }
[Parameter("Take Profit (pips)", DefaultValue = 20, Group = "Position Protection")]
public int TakeProfit { get; set; }
[Parameter("Trailing Stoploss?", DefaultValue = false, Group = "Position Protection")]
public bool IncludeTrailingStop { get; set; }
[Parameter("Trailing Stop Trigger (pips)", DefaultValue = 2, Group = "Position Protection")]
public double TrailingStopTrigger { get; set; }
[Parameter("Trailing Stop Step (pips)", DefaultValue = 1, Group = "Position Protection")]
public double TrailingStopStep { get; set; }
private MovingAverage EMA1;
private MovingAverage EMA2;
private bool hasTraded = false;
protected override void OnStart()
{
EMA1 = Indicators.MovingAverage(Bars.ClosePrices, EMA1Period, MovingAverageType.Exponential);
EMA2 = Indicators.MovingAverage(Bars.ClosePrices, EMA2Period, MovingAverageType.Exponential);
}
protected override void OnTick()
{
if (IncludeTrailingStop)
{
SetTrailingStop();
}
if ((EMA1.Result.LastValue > EMA2.Result.LastValue && EMA1.Result.Last(1) < EMA2.Result.Last(1)) ||
(EMA1.Result.LastValue < EMA2.Result.LastValue && EMA1.Result.Last(1) > EMA2.Result.Last(1)))
{
hasTraded = false;
}
double distance = Math.Abs(Symbol.Bid - EMA2.Result.LastValue);
if (distance <= 1 * Symbol.PipSize)
{
if (EMA1.Result.LastValue > EMA2.Result.LastValue)
{
if (Positions.Find("EMA cross long", SymbolName) == null && !hasTraded)
{
if (History.Count <= 1)
{
ExecuteMarketOrder(TradeType.Buy, SymbolName, Volume, "EMA cross long", StopLoss, TakeProfit);
hasTraded = true;
}
else if (History.Count > 1)
{
if (Positions.Find("EMA cross long", SymbolName) == null && Positions.Find("EMA cross short", SymbolName) == null && !hasTraded)
{
var lastTrade = History[History.Count - 1];
var last2Trade = History[History.Count - 2];
/// win multiplier
if (lastTrade.Pips <= 0 && MultType=="win")
{
ExecuteMarketOrder(TradeType.Buy, SymbolName, Volume, "EMA cross long", StopLoss, TakeProfit);
hasTraded = true;
}
else if (lastTrade.Pips > 0 && MultType=="win")
{
if (last2Trade.Pips > 0 && MultType=="win")
{
ExecuteMarketOrder(TradeType.Buy, SymbolName, Volume *Vm2, "EMA cross long", StopLoss, TakeProfit);
hasTraded = true;
}
else if (last2Trade.Pips < 0 && MultType=="win")
{
ExecuteMarketOrder(TradeType.Buy, SymbolName, Volume *Vm, "EMA cross long", StopLoss, TakeProfit);
hasTraded = true;
}
}
/// loss multp
if (lastTrade.Pips >= 0 && MultType=="loss")
{
ExecuteMarketOrder(TradeType.Buy, SymbolName, Volume, "EMA cross long", StopLoss, TakeProfit);
hasTraded = true;
}
else if (lastTrade.Pips < 0 && MultType=="loss")
{
if (last2Trade.Pips < 0 && MultType=="loss")
{
ExecuteMarketOrder(TradeType.Buy, SymbolName, Volume *Vm2, "EMA cross long", StopLoss, TakeProfit);
hasTraded = true;
}
else if (last2Trade.Pips > 0 && MultType=="loss")
{
ExecuteMarketOrder(TradeType.Buy, SymbolName, Volume *Vm, "EMA cross long", StopLoss, TakeProfit);
hasTraded = true;
}
}
}
}
}
}
else if (EMA1.Result.LastValue < EMA2.Result.LastValue)
{
if (Positions.Find("EMA cross short", SymbolName) == null && !hasTraded)
{
if (History.Count <= 1) // ==
{
ExecuteMarketOrder(TradeType.Sell, SymbolName, Volume, "EMA cross short", StopLoss, TakeProfit);
hasTraded = true;
}
else if (History.Count > 1)
{
if (Positions.Find("EMA cross long", SymbolName) == null && Positions.Find("EMA cross short", SymbolName) == null && !hasTraded)
{
var lastTrade = History[History.Count - 1];
var last2Trade = History[History.Count - 2];
/// win multip
if (lastTrade.Pips <= 0 && MultType=="win")
{
ExecuteMarketOrder(TradeType.Sell, SymbolName, Volume, "EMA cross short", StopLoss, TakeProfit);
hasTraded = true;
}
else if (lastTrade.Pips > 0 && MultType=="win")
{
if (last2Trade.Pips > 0 && MultType=="win")
{
ExecuteMarketOrder(TradeType.Sell, SymbolName, Volume *Vm2, "EMA cross short", StopLoss, TakeProfit);
hasTraded = true;
}
else if (last2Trade.Pips < 0 && MultType=="win")
{
ExecuteMarketOrder(TradeType.Sell, SymbolName, Volume *Vm, "EMA cross short", StopLoss, TakeProfit);
hasTraded = true;
}
}
/// loss multip
if (lastTrade.Pips >= 0 && MultType=="loss")
{
ExecuteMarketOrder(TradeType.Sell, SymbolName, Volume, "EMA cross short", StopLoss, TakeProfit);
hasTraded = true;
}
else if (lastTrade.Pips < 0 && MultType=="loss")
{
if (last2Trade.Pips < 0 && MultType=="loss")
{
ExecuteMarketOrder(TradeType.Sell, SymbolName, Volume *Vm2, "EMA cross short", StopLoss, TakeProfit);
hasTraded = true;
}
else if (last2Trade.Pips > 0 && MultType=="loss")
{
ExecuteMarketOrder(TradeType.Sell, SymbolName, Volume *Vm, "EMA cross short", StopLoss, TakeProfit);
hasTraded = true;
}
}
}
}
}
}
}
}
private void SetTrailingStop()
{
var sellPositions = Positions.FindAll("EMA cross short", SymbolName, TradeType.Sell);
foreach (Position position in sellPositions)
{
double distance = position.EntryPrice - Symbol.Ask;
if (distance < TrailingStopTrigger * Symbol.PipSize)
continue;
double newStopLossPrice = Symbol.Ask + TrailingStopStep * Symbol.PipSize;
if (position.StopLoss == null || newStopLossPrice < position.StopLoss)
{
ModifyPosition(position, newStopLossPrice, position.TakeProfit);
}
}
var buyPositions = Positions.FindAll("EMA cross long", SymbolName, TradeType.Buy);
foreach (Position position in buyPositions)
{
double distance = Symbol.Bid - position.EntryPrice;
if (distance < TrailingStopTrigger * Symbol.PipSize)
continue;
double newStopLossPrice = Symbol.Bid - TrailingStopStep * Symbol.PipSize;
if (position.StopLoss == null || newStopLossPrice > position.StopLoss)
{
ModifyPosition(position, newStopLossPrice, position.TakeProfit);
}
}
}
}
}
// this is the ground level
mirk0
Joined on 15.06.2022
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: EMA CROSS ENTRY.algo
- Rating: 5
- Installs: 662
- Modified: 03/02/2024 21:03
Warning! Running cBots downloaded from this section may lead to financial losses. Use them at your own risk.
Note that publishing copyrighted material is strictly prohibited. If you believe there is copyrighted material in this section, please use the Copyright Infringement Notification form to submit a claim.
Comments
Log in to add a comment.
No comments found.