Welcome to the cTrader Grid-Hedge trading robot product support page, if you are unfamiliar with this product please visit the main product page.
Release Notes
You can read all the historical changes that have been made to this product as well as the latest features added to the most recent version.
Algorithmic Trading Hard-Facts
If you are new to algorithmic trading we recommend that you read the following article to get the facts about mechanical trading systems.
What Is Included In The Download?
You will notice that there are two versions of the trading system, version 1 and version 2, we will only support the current version 2 as this is an upgrade and the product that you have purchased, we will no longer support version 1.
Limitations
This product does not currently support Indices with micro lots as supported by some brokers.
What Account Size Should You Use?
A common question is what account sized a trader should start to use, the following article below may help you decide.
We back-tested the robot using EURGBP with a starting capital of 1K over 1 year and the return was 88% with a 4.22% drawdown, you could also use a lower starting capital, but to keep your drawdown low you will need to also reduce your net profit by changing the following parameters.
Volume exponent =1, First volume = 1, Max trades in red = 1
The lowest starting capital we can backtest with cTrader is £1K, so we could not test for example £100.00
We recommend using £1K, but you can use less, just make sure you reduce the drawdown to the lowest value.
Also, run the robot on a demo account for a while to get a feel of it before you use a live account.
Important Information - Compounded Drawdown Risk
It may be worth noting that if you achieve a 5% drawdown (capital at risk) with a back-test run for a single symbol and you wish to run 10 cBot instances or 10 symbols at the same time and they all show around a 5% drawdown than you could potentially have a compounded drawdown of 50%. If you plan to run multiple currency symbols or cBot instances at the same time be aware that the total draw-down can be much higher. If you wish to have a maximum drawdown at any time of only 10% and you want to run 10 cBot instances or symbols than it is wise to adjust the settings so that each symbol shows only a 1% drawdown for your backtest.
Need Help? Watch a Video Tutorial
Please note that the video is for version 1.0, a newer version 2.0 has been released.
The video has been uploaded to 1080p High Quality, so do not forget to set your U-Tube video quality to 1080p HD.
Duration: 18 minutes
VERSION 2.0 VIDEO TUTORIAL