Description
Description: the bot is for free
if you really appreciate my hard work please drop any cent if you can in my PayPal: https://www.paypal.me/shapoorpopalzai, otherwise enjoy the bot and have fun ;-)
I have also removed the trail period, it is unlimited!!!
Note: check the bot in optimizer and choose the best as per your requirements. below is the example of the parameter which I use.
The optimizer give you the best time frame and parameters to trade.
You can choose with other Items like BTCUSD, EURUSD..etc
This C# code is for a cAlgo robot designed to execute trades based on a moving average crossover strategy. Here's a breakdown of its key components:
Parameters:
- FastMAPeriod: Specifies the period for the fast moving average.
- SlowMAPeriod: Specifies the period for the slow moving average.
- RiskPercentage: Sets the risk percentage per trade.
- ATRPeriod: Sets the period for calculating the Average True Range (ATR).
- TakeProfitATRMultiplier: Multiplier for calculating the take profit level based on ATR.
- StopLossPips: Sets the initial stop loss in pips.
- AdditionalStopLossPips: Sets an additional stop loss level in pips.
- MaxStopLossThreshold: Sets the maximum stop loss threshold in pips.
- MaxLotSize: Specifies the maximum lot size for a trade.
- MaxEquityDrawdown: Sets the maximum equity drawdown allowed as a percentage.
- AllowMultipleOrders: Determines whether multiple orders are allowed to be opened simultaneously.
Initialization:
- The robot initializes its moving averages (fastMA and slowMA) and sets initial values for variables like maxLotSize, maxEquityDrawdown, and peakEquity.
- It checks for an expiry date and stops trading if the current date exceeds it.
OnTick():
- This method is called on every tick (price update).
- It calculates the drawdown percentage based on peak equity and pauses trading if the drawdown exceeds a predefined threshold.
OnBar():
- This method is called on every new bar (candlestick).
- It checks for open positions or pending orders and exits if any exist.
- Calculates risk amount, ATR, and stop loss distances.
- Executes buy or sell orders based on moving average crossover, with appropriate stop loss and take profit levels.
- Pauses trading if stop loss exceeds the maximum threshold.
Helper Methods:
- IsBullishMarket() and IsBearishMarket(): Determine market sentiment based on open and close prices.
- CalculateATR(): Calculates the Average True Range.
PauseTrading():
- Method to pause trading when maximum drawdown is reached.
This robot aims to automate trading decisions based on a simple moving average crossover strategy while incorporating risk management techniques like stop loss and maximum drawdown control.
using System;
using cAlgo.API;
using cAlgo.API.Indicators;
using cAlgo.API.Internals;
using cAlgo.Indicators;
namespace cAlgo.Robots
{
[Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
public class XAUSD5mctrader10000bot : Robot
{
[Parameter("Fast MA Period", DefaultValue = 10)]
public int FastMAPeriod { get; set; }
[Parameter("Slow MA Period", DefaultValue = 30)]
public int SlowMAPeriod { get; set; }
[Parameter("Risk Percentage", DefaultValue = 0.04, MinValue = 0.01, MaxValue = 0.04)]
public double RiskPercentage { get; set; }
[Parameter("ATR Period", DefaultValue = 14)]
public int ATRPeriod { get; set; }
[Parameter("Take Profit ATR Multiplier", DefaultValue = 1.0, MinValue = 0.5, MaxValue = 10)]
public double TakeProfitATRMultiplier { get; set; }
[Parameter("Stop Loss (pips)", DefaultValue = 75)]
public int StopLossPips { get; set; }
[Parameter("Max Lot Size", DefaultValue = 2.0, MinValue = 0.01)]
public double MaxLotSize { get; set; }
[Parameter("Max Equity Drawdown", DefaultValue = 0.04, MinValue = 0.01, MaxValue = 0.5)]
public double MaxEquityDrawdown { get; set; }
[Parameter("Allow Multiple Trades", DefaultValue = true)]
public bool AllowMultipleTradesEnabled { get; set; }
private MovingAverage fastMA;
private MovingAverage slowMA;
private double peakEquity = 0;
private bool canTrade = true; // Flag to control multiple trades
protected override void OnStart()
{
try
{
fastMA = Indicators.MovingAverage(Bars.ClosePrices, FastMAPeriod, MovingAverageType.Simple);
slowMA = Indicators.MovingAverage(Bars.ClosePrices, SlowMAPeriod, MovingAverageType.Simple);
peakEquity = Account.Equity;
}
catch (Exception ex)
{
Print("Error in OnStart: " + ex.Message);
LogError("OnStart", ex);
}
}
protected override void OnTick()
{
try
{
// Update peak equity
peakEquity = Math.Max(peakEquity, Account.Equity);
// Calculate drawdown as a percentage of peak equity
double equityDrawdown = (peakEquity - Account.Equity) / peakEquity;
// Check if drawdown exceeds the equity threshold
if (equityDrawdown > MaxEquityDrawdown)
{
// Take action to mitigate drawdown (e.g., pause trading)
PauseTrading();
}
}
catch (Exception ex)
{
Print("Error in OnTick: " + ex.Message);
LogError("OnTick", ex);
}
}
protected override void OnBar()
{
try
{
// Check if there are any open positions or pending orders
if (!AllowMultipleTradesEnabled && (!canTrade || Positions.Count > 0 || PendingOrders.Count > 0))
{
Print("There are open positions or pending orders. Cannot open new trades.");
return;
}
double riskAmount = Account.Balance * RiskPercentage;
double atr = CalculateATR(ATRPeriod);
double takeProfitPips = atr * TakeProfitATRMultiplier;
double volumeInUnits = Symbol.QuantityToVolumeInUnits(Math.Min(riskAmount / (StopLossPips * Symbol.PipSize * Symbol.LotSize), MaxLotSize));
// Moving Average Crossover Strategy
if (fastMA.Result.Last(1) > slowMA.Result.Last(1) && fastMA.Result.Last(2) <= slowMA.Result.Last(2))
{
if (IsBullishMarket())
{
double takeProfitPrice = Symbol.Ask + (takeProfitPips * Symbol.PipSize);
ExecuteMarketOrder(TradeType.Buy, SymbolName, volumeInUnits, "Buy Order", null, StopLossPips, takeProfitPrice.ToString());
canTrade = AllowMultipleTradesEnabled; // Allow multiple trades if set to true
}
}
else if (fastMA.Result.Last(1) < slowMA.Result.Last(1) && fastMA.Result.Last(2) >= slowMA.Result.Last(2))
{
if (IsBearishMarket())
{
double takeProfitPrice = Symbol.Bid - (takeProfitPips * Symbol.PipSize);
ExecuteMarketOrder(TradeType.Sell, SymbolName, volumeInUnits, "Sell Order", null, StopLossPips, takeProfitPrice.ToString());
canTrade = AllowMultipleTradesEnabled; // Allow multiple trades if set to true
}
}
}
catch (Exception ex)
{
Print("Error in OnBar: " + ex.Message);
LogError("OnBar", ex);
}
}
private bool IsBullishMarket()
{
return Bars.OpenPrices.Last(1) < Bars.ClosePrices.Last(1);
}
private bool IsBearishMarket()
{
return Bars.OpenPrices.Last(1) > Bars.ClosePrices.Last(1);
}
private double CalculateATR(int period)
{
try
{
double trSum = 0;
for (int i = 1; i <= period; i++)
{
double tr = Math.Max(Bars.HighPrices[i] - Bars.LowPrices[i], Math.Max(Math.Abs(Bars.HighPrices[i] - Bars.ClosePrices[i - 1]), Math.Abs(Bars.LowPrices[i] - Bars.ClosePrices[i - 1])));
trSum += tr;
}
return trSum / period;
}
catch (Exception ex)
{
Print("Error in CalculateATR: " + ex.Message);
LogError("CalculateATR", ex);
return 0;
}
}
private void PauseTrading()
{
// Implement logic to pause trading (e.g., set a flag to stop placing new trades)
// You might also consider closing existing positions or reducing position sizes
Print("Maximum Drawdown is exceeded. Pausing the trading...");
canTrade = false; // Prevent further trades
}
private void LogError(string method, Exception ex)
{
// Implement logging to an external file or service for better monitoring
Print($"{method} error: {ex.Message}");
}
}
}
shapor33
Joined on 08.04.2024 Blocked
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: Arian Bot XAUUSD 5m BTCUSD 5m 1month trail bot.algo
- Rating: 3.33
- Installs: 413
- Modified: 18/05/2024 22:12
Comments
I have put it for free you can download it
Cannot download, its still set as paid algo, maybe set is as free? Thank you
Unable to download
Man I am not a good seller, you can use it for free, I have removed the expiry date
is it trail version??
Hello, the stop loss doesn't work?