Description
Trading Strategy:
The CBOT uses the grid strategy, which involves opening new positions after a specified number of losing pips, with an increase in trading volume. This strategy is combined with time and spread filters to improve overall trading performance.
Technical Indicators:
The main indicators used are the Hull Moving Average and the ADX (Average Directional Index), which provide signals for buying and selling trades.
Entry Criteria for Transactions:
Entry Buy:
The price must be above the Hull Moving Average (H4 and M1).
The ADX must be above a specific value.
The value of the ADX DI Plus must be greater than that of the ADX DI Minus.
Entry Sell:
The price must be below the Hull Moving Average (H4 and M1).
The ADX must be above a specific value.
The value of the ADX DI Minus must be greater than that of the ADX DI Plus.
Parameterization:
All parameters, including time and spread filters and indicator periods, are fully customizable and can be tailored to the user's specific preferences and trading conditions.
If you want to buy the .algo and .abx of this cBot CLICK HERE
If you would like to try AlgoBuilderX: CLICK HERE
Please note that this is only an example and the cBot has not been optimised, I recommend you test it first in Demo
The author decided to hide the source code.
Drag.Drop.Build
Joined on 26.01.2024
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: GRID.algo
- Rating: 1.67
- Installs: 348
- Modified: 02/04/2024 10:00