Powerful Price Action cBot for cTrader

Powerful Price Action cBot with the Algozone Money Management System

Unlock the full potential of your trading strategies with our powerful Price Action EA, now in its advanced iteration. Backed by the NomadTrader© Money Management system, this EA offers a comprehensive suite of features that will elevate your trading experience to new heights.

Stop Loss & Take Profit Calculation

Stop Loss pips (SLPips) allows traders to define the maximum amount of loss they are willing to incur on a trade. By setting this parameter, traders can mitigate risk and protect their investment capital. This feature empowers traders to establish clear boundaries, ensuring that losses are controlled within predefined limits.

Additionally, the Take Profit based on Stop Loss percentage (TPPct) parameter offers traders a strategic approach to profit-taking. This feature allows traders to set a percentage of their Stop Loss as the Take Profit level. By doing so, traders can capitalize on favorable market movements while safeguarding profits.

Together, these parameters form a robust money management strategy that promotes discipline, risk management, and profitability. Whether you’re a seasoned trader or new to the market, our platform’s money management method provides a valuable tool to optimize your trading performance.

Features

Currency Pairs

The system uses a trailing stop loss with is configurable in the cBot settings, this will trigger after (x) pips and follow (x) pips behind the price locking in the profit until it closes.

GBPUSD H1, H4, D1, EURUSD H1, H4, D1, NZDUSD H1, H4, D1, USDCAD H1, H4, D1, USDJPY H1, H4, D1

Check out the backtest here.

Analyze results before the decision.

Learn cAlgo Trading

This guide section is designed to help you to learn everything related to robot trading in cAlgo through detailed videos.

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