Category Trend  Published on 24/07/2022

New release "BBands Trend Follower 01.22

Description

New release "BBands Trend Follower 01.22"

In the new release we have added and implemented the following parameters:

- MaxHigh/MaxLow Months Limit (up to 2 years): Stop open & Close trades. TimeFrame Monthly applied.

- Consecutive Losses Filter: for a preventive protection this filter is always active. Parameters from 2 to 10, default 5.

- Gap/Spike Protection: Always active. It protects against opening "Gaps" and sudden "Spikes" that can generate continuous opening and closing of positions.

- Strategy Auto Select: with the cBot running, change automatically the strategy (Reverse or Breakout) after a certain number of losses specifying from the parameters after how many losing trades will be applied.

Added 3 more exit strategies:

- StopLoss Follow Up

- StopLoss Follow On Media

- Follow Short

- Solo SL/TP exit: if selected, it uses StopLoss or TakeProfit as the only exit strategy.

- SL/TP & BreakEven: if selected, it helps the main exit strategy or the "Solo SL / TP exit" in bringing the StopLoss above EntryPrice as soon as you are in profit.

- Money Management (Position Sizing) on winning and loosing trade. If the previous position was closed with a profit, increase the volume of the next position. If, on the other hand, the previous position was closed at a loss, it decreases the volume of the next position. From the parameters you can set the amount of volume to increase or decrease by specifying after how many losing trades will be applied.

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The Trading System uses Bollinger Bands for volatility, but is used in a different way than usual, with long periods and Standard Deviation from 0.1 to 1 with a weighted moving average (it looks like a river). The Bollinger Bands serve mainly as a filter in entering the market avoiding periods of laterality.

cBot can be set as Reverse or Breakout strategy, the optimization will indicate the best strategy for each particular Currencies Cross, indices, Metals, Crypto Currencies.

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- Demo Version with 6 optimized parameters.

- 1 Year License ready to trade Live with 27 optimized parameters (Forex,Indices,Metal,Crypto,Commodities Oil & Natural Gas)

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Additional products:

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DOWNLOAD DEMO VERSION

Active.cTrader.Bot HomePage

Contacts write to: active.ctrader.bot@gmail.com

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Open an account with Gumroad and become an affiliate and start earning by selling our products: Become an affiliate for Active cTrader Bot

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using System;
using System.Linq;
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 BBands_Trend_Follower : Robot
    {
        [Parameter(DefaultValue = 0.0)]
        public double Parameter { get; set; }

        protected override void OnStart()
        {
            if (RunningMode != RunningMode.Optimization)
            {
                Chart.DrawStaticText("d", "https://gumroad.com/l/VbfSY  |||  https://gumroad.com/activebot" + "\n\nContacts please write to: active.ctrader.bot@gmail.com", VerticalAlignment.Top, HorizontalAlignment.Center, Color.Yellow);
            }
        }

        protected override void OnTick()
        {
            // IS NOT POSSIBLE TO DOWLOAD THE DEMO VERSION HERE PLEASE VISIT: 
            // https://gumroad.com/l/VbfSY
            // https://gumroad.com/activebot

            // FOR CONTACTS: active.ctrader.bot@gmail.com
        }

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


mparama's avatar
mparama

Joined on 11.10.2016

  • Distribution: Paid
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: ADD_Bot_BBands_Trend_Follower.algo
  • Rating: 0
  • Installs: 702
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