Category Range Published on 18/12/2013

Range Robot

Description

This code is a cAlgo API sample.

The "Sample Breakout Robot" will check the difference in pips between the Upper Bollinger Band and the Lower Bollinger Band and compare it against the "Band Height" parameter specified by the user. If the height is lower than the number of pips specified, the market is considered to be consolidating, and the first candlestick to cross the upper or lower band will generate a buy or sell signal. The user can specify the number of periods that the market should be consolidating in the "Consolidation Periods" parameter. The position is closed by a Stop Loss or Take Profit.

Source Code

alexk

Joined on 30.09.2011

Distribution: Free
Language: C#
Trading platform: cTrader Automate
File name: Range Robot.algo
Rating: 0
Installs: 5186
Modified: 13/10/2021 09:54

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Comments

jamesanderhaul · 1 year ago

Very helpful thanks a lot. SoftLumia.com

dacazyte · 2 years ago

I am Polish and Know German language because it is no hard, but struggling to learn English but can understand the context of this post and it is really helpful related to trading.

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