Description
Martingale Strategy with EMA-ADX-Spread Filter -
This innovative CBOT implements a Martingale strategy, doubling the lot each time a losing position is closed to maximize recovery.
This strategy is integrated with a Spread Filter to manage risk, while also offering an optional Advanced Spread Filter that closes positions when the default value is reached. In addition, CBOT includes a Time Filter to trade within a specific time range, allowing users to customize all parameters including indicators, time filters, and risk management directly in cTrader.
For buy entries, CBOT requires the EMA Fast to exceed the EMA Slow on the upside and the ADX to be greater than a predefined value. Similarly, for sell entries, the EMA Fast must break downward over the EMA Slow and the ADX must be greater than a specified value.
This dynamic strategy gives users the ability to adapt to changing market conditions as they seek to maximize their profits.
If you want to buy the .algo and .abx of this cBot CLICK HERE
If you would like to try AlgoBuilderX: CLICK HERE
To create the cBot I invite you to watch this video I made on youtube:
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: MARTINGALA.algo
- Rating: 0
- Installs: 384
- Modified: 02/04/2024 10:20