Category Trend  Published on 07/01/2022

Trend Magic Trading System for cTrader

Description

This trading strategy created by DarkMatter uses the Trend Magic Indicator which is based on a combination of the Commodity Channel Index (CCI) and the Average True Range (ATR) indicators. The strategy creates signals when the Trend Magic indicator changes from bullish to bearish and vice versa. Also, after a trade is entered there are several exit options offered like stop loss, take profit, trailing stop loss, break-even and close on reversal. 

 

trend magic forex trading

 

ClickAlgo Forex

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using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;
using System.Windows.Forms;
using System.Threading;


namespace cAlgo
{
    [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.FullAccess)]
    public class ClickAlgoSoftware : Robot
    {
        [Parameter(DefaultValue = 0.0)]
        public double Parameter { get; set; }

        private static Mutex dialogMutex = new Mutex();
        private static bool dialogIsShownOnce = false;

        protected override void OnStart()
        {
            ShowDialogBox();
        }

        protected override void OnTick()
        {
            // Put your core logic here
        }

        protected override void OnStop()
        {
            // Put your deinitialization logic here
        }

        public static void ShowDialogBox()
        {
            dialogMutex.WaitOne();

            if (dialogIsShownOnce)
                return;

            var ret = MessageBox.Show("It is not possible to download the software from the cTDN website. Would you like to visit us at ClickAlgo.com where you can download it?", "Downloading...", MessageBoxButtons.YesNo, MessageBoxIcon.Information);

            if (ret == DialogResult.Yes)
            {
                System.Diagnostics.Process.Start("https://clickalgo.com/trend-magic-trading-system");
            }

            dialogIsShownOnce = true;

            dialogMutex.ReleaseMutex();
        }
    }
}


ClickAlgo's avatar
ClickAlgo

Joined on 05.02.2015

  • Distribution: Paid
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: ClickAlgo Software.algo
  • Rating: 5
  • Installs: 869
Comments
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snehaitsolutions123 · 1 year ago

Hello, I work at an HP Service Center in Chandigarh and am considering joining the trading platform. However, as a beginner in forex, would it be more beneficial for me to learn the Ctrader platform because it is more up-to-date and MT4 is becoming obsolete?

I am currently uninterested in trading with bots. I'd rather fully understand the market so I can fine-tune my own strategy than have a bot trade for me and have no idea where my profit/loss came from.

Also, which platform is best for a Forex simulator, so that I can backtest my strategies?

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ronharrison0291 · 2 years ago

This trading strategy is really helpful. It creates signals when the Trend Magic indicator changes from bullish to bearish.

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