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: 461
Warning! Running cBots downloaded from this section may lead to financial losses. Use them at your own risk.
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