Welcome to the cTrader Grid-Hedge trading robot product support page, if you are unfamiliar with this product please visit the main product page.
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 Account Size Should You Use?
A common question is what account size 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 then it is wise to adjust the settings so that each symbol shows only a 1% drawdown for your backtest.