Category Trend  Published on 08/05/2024

Fazle_Smart V1 Forex Trading Robot

An update for this algorithm is currently pending moderation. Please revisit this page shortly to access the algorithm's latest version.
Description

The Fazle_Smart V1 Forex Trading Robot is a meticulously engineered automated trading solution designed to elevate your Forex trading experience. Utilizing an advanced trading strategy, this cBot intelligently manages buy and sell positions based on market conditions and price movements. With customizable parameters such as safe mode, maximum buy and sell positions, pip step, stop loss, and target profit, traders can tailor the bot to suit their unique trading preferences.

Benefit from advanced features including triple entry thresholds, equity protection, and real-time Telegram alerts for seamless monitoring of trading activities. Tested with a starting capital of $1000, the Fazle_Smart V1 yielded an impressive 35% profit with low drawdown in one month, providing traders with confidence in its performance. The bot's compatibility with various currency pairs ensures versatility, while its proven track record, particularly tested on EURUSD on 15m, underscores its efficiency, accuracy, and profitability.

 

IsSafeTrade: This parameter determines whether the cBot operates in safe mode. When enabled, it adjusts trading parameters based volatility and timings to mitigate risks.

MaxOpenBuy: Sets the maximum number of buy positions that the cBot can open simultaneously.

MaxOpenSell: Similar to MaxOpenBuy, but for sell positions.

PipStep: Defines the pip step used for entry and exit conditions in the trading strategy.

StopLossPips: Specifies the stop loss distance in pips for each trade.

FirstVolume: Sets the initial volume or lot size for the first trade.

MaxSpread: Determines the maximum allowed spread, beyond which trading is paused.

AverageTakeProfit: Sets the target profit in pips for each trade.

VolumeExponent: This parameter adjusts the volume calculation based on the number of open positions.

FirstTradeSize: Sets the initial trade size.

TripleEntryThreshold: Determines the threshold for triggering additional trades after the initial entry.

EquityLevel: Specifies the equity protection level, beyond which all positions are closed to prevent further losses.

TelegramToken: Token for accessing the Telegram Bot API for sending messages.

TelegramChatId: The unique identifier for the Telegram chat where messages will be sent.

 

Note: The bot is designed to function exclusively in backtest mode. For inquiries regarding live trading capabilities, please contact me via Telegram https://t.me/Fsubhan .




fazle.subhan1994's avatar
fazle.subhan1994

Joined on 31.05.2023

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: Fazle_Smart_V1.algo
  • Rating: 5
  • Installs: 257
Comments
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AB
abdul169208 · 3 weeks ago

Fazal_Smart_V1.algo… I found such a valuable and profitable bot . I personally think that this is the great invention in the field of technology.. After backtest and retest provide such a great results… And also Check on Live Market on DEMO Acct.. and the results is very nice and smooth.. Picking up trades and closing in profit with Low Drawdown. Best for Constant Trading. , TRY IT.💯

fazle.subhan1994's avatar
fazle.subhan1994 · 1 month ago

@jim.tollan please do the backtest for robot and choose which has the good result :)

JI
jim.tollan · 1 month ago

this has got many similarities to one found here: https://ctrader.com/algos/cbots/show/4178

uncanny ;)