Explore the cTrader Algo Strategy Builder, your key to a formidable trading instrument. This dynamic cBot empowers traders to craft, test, and apply customized algorithmic trading strategies rooted in technical analysis and indicator-driven intelligence. With its intuitive interface and integrated risk management, this tool enables traders to devise and meticulously backtest strategies using historical market data effortlessly.
Option to create and export source code into cTrader for additional features to be added.
Read the User Guide
We recommend that you start by reading the user guide to help you understand the full potential of this tool and to help you start building your first automated trading system from scratch with no coding experience.
Watch Video Demo's
Watch a video demonstration of a multi-timeframe Relative Strength Index Strategy complete with source code, with no coding experience.
Choosing Indicators
You can add up to 9 different types of moving average indicators to be used in your strategy, each with different periods and timeframes, this allows you to use multi-timeframe indicators on your chart. We will add 5 new indicators in the next update.
Trade Rules
The trade rules allow you to define the actions that will provide a bullish or bearish signal for opening trades or sending trade signals. Two types of rules can be applied to any combination of indicators.
- Bullish/Bearish Signal: where an indicator is showing a bullish signal to trade based on its parameters.
- Crossed Above/Below: where indicator #1 crosses above or below indicator #2, use mostly for moving averages.
You can have independent trade rules for bullish or bearish signals.
Risk Management
We provide some basic risk management with the strategy builder for the free beta version, these include stop loss and take profit protection, a max spread feature and for profit targets a trailing stop loss and break even feature.
Trade Actions
You can set various events using the trade actions window when there is a bullish or bearing signal, from automatically opening trades to sending email or Telegram trade alerts. Trades can close on opposite signals and pop-up windows will inform you of trade opportunities.
Review & Run Your Strategy
When you have completed building your automated trading system based on your strategy, you can review all the trade rules before you backtest or start the cBot to start trading or send trade signals.
Generate Source Code
A unique feature of this tool is the ability to generate Microsoft C# source code and export it into cTrader Desktop to build cBots, this allows you to backtest, optimise and run your automated trading system.
How to Backtest Your Strategy
The ability to backtest an automated trading system is important as this will show you how your strategy would have performed with historical data, although backtesting is no indication of how the system will perform with new data, it helps increase the probability of how it will perform.
How to Optimise Your Strategy
Opt for the premium version and unlock the ability to generate and export the complete source code for your developed strategy. This feature empowers you to construct a cBot using cTrader Automate (Algo) and leverage the optimization tool to identify the most effective settings within a specified timeframe. Known as Optimization or Recalibration, this process significantly enhances the likelihood of securing successful trades.
How To Install & Remove
First, make sure you have the cTrader trading platform installed and then unzip the file and double-click on it to automatically install it onto the platform.
Any Questions?
If you have any questions, please first search our product help forum for the answer, and if you cannot find it, post a new question.
Need a Broker
If you are still looking for a broker you can trust, take a look at our best cTrader broker site.
Need Coding Help?
If you need help creating your very own customised automated trading system, contact our development team for a quote.
