Discover the cTrader Algo Strategy Builder, your gateway to a robust trading tool, this powerful cBot allows traders to create, backtest, and implement personalized algorithmic trading strategies based on technical analysis and indicator-driven insights. Its user-friendly interface, coupled with risk management, ensures that traders can effortlessly construct and rigorously backtest their strategies using historical market data.
We understand that there are not enough indicators for a robust strategy, this is why we are open to suggestions to add more.
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 a Video Demo
You can watch a video demonstration showing how to create a basic 5, 8, and 13-period Exponential Moving Average strategy.
Types of Strategies
The beta free version will allow any combination of moving average trading strategies, there are hundreds to choose from on the internet with a quick Google search, and one of the most common is the 5-8-13 Exponential Moving Averages. Once you have a strategy in mind that you wish to test and see if it is any good for the symbol you wish to use, the next step is to start the algo builder in cTrader and build it.
You can add up to 8 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 have also recently added a new oscillator indicator to use, the Relative Strength Index.
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.
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.
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.
How to Backtest Your Strategy
The ability to backtest an automated trading system is very 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 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.
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.