https://github.com/mirbyte/ema-cross-entry
cTrader cBot. Download .algo file here⬇️
https://github.com/mirbyte/ema-cross-entry
cbot ctrader trading-bot
Last synced: 4 months ago
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cTrader cBot. Download .algo file here⬇️
- Host: GitHub
- URL: https://github.com/mirbyte/ema-cross-entry
- Owner: mirbyte
- License: mit
- Created: 2024-02-03T21:07:11.000Z (over 2 years ago)
- Default Branch: main
- Last Pushed: 2024-03-30T22:02:19.000Z (about 2 years ago)
- Last Synced: 2024-12-30T03:47:40.421Z (over 1 year ago)
- Topics: cbot, ctrader, trading-bot
- Language: C#
- Homepage: https://ctrader.com/algos/cbots/show/3917
- Size: 14.6 KB
- Stars: 1
- Watchers: 1
- Forks: 0
- Open Issues: 0
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Metadata Files:
- Readme: README.md
- License: LICENSE
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README
# EMA-Cross-Entry cBot
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.**


_I prioritize updates on the cTrader website._