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Hello there expert Ctrader developer, I would to create a cbot. Below is my requirements:
Cbot brief background:
Sell example:
A bearish candle (confirmation candle) open from > fractal chaos band low and closed < fractal chaos band low.
From the HIGH to the LOW of the confirmation candle, the pip size will be my risk. Stop loss will be at the high of the confirmation candle with additional 10% pip size as buffer. Criteria
1. STOP LOSS. Example sell: stop loss will be set at the high of the bullish candle with additional 10% pip value as buffer.
2. BREAKEVEN. Once price moves 1:0.5 in favour, modify stop loss to move to break even with commission covered. Meaning the netprofit will be at 0 dollars.
3. TAKE PROFIT: with parameters that I can get 1:2 or so forth.
4. TRADE ENTRY: For the trade to be triggered, the moving candle has to break the high by 0.5 pips for a buy example.
5. TRADE VALIDITY: The moving candle opening has to either open same level or higher for a sell signal. Example my confirmation candle (arrow candle) closed at 1865.50. The moving candle has to open either at 1865.50 or higher. (From what I know, the move candle use this API (lastvalue).
6. The Cbot will be able to use for all symbol and timeframes. (Maybe you can code a few and the rest I can add in myself). Meaning it will auto scan the pairs and timeframes that I set.
7. Minimum pip size for the confirmation candle. Example 10.
8. Parameter for maximum spread size for trade to be triggered.
9. Parameters for trading hours.
10. The confirmation candle volume is higher than previous candle. 11. The pip value of the confirmation candle is larger than previous candle.
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