Description
OrglobalFX Pure Renko cBOT
Trades based on bricks formed.
For example,
If two green bricks appear, take a long position. And otherwise.
Automatic breakeven and trailing stop added.
Contact:
Telegram- @orglobalng
using System;
using System.Linq;
using cAlgo.API;
using cAlgo.API.Indicators;
using cAlgo.API.Internals;
using cAlgo.Indicators;
namespace cAlgo.Robots
{
[Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
public class _OFX_CBOT_123121032022_PURERENKO : Robot
{
[Parameter("Volume", DefaultValue = 2000)]
public double _volume { get; set; }
[Parameter("Instance Name", DefaultValue = "OrglobalFxPureRenko")]
public string InstanceName { get; set; }
// Breakeven parameters
[Parameter("Include Break-Even", DefaultValue = true, Group = "Protection")]
public bool IncludeBreakEven { get; set; }
[Parameter("Break-Even Extra (pips)", DefaultValue = 1, MinValue = 0, Group = "Protection")]
public double BreakEvenExtraPips { get; set; }
[Parameter("Trail after Break-Even", DefaultValue = true, Group = "Protection")]
public bool Includetrail { get; set; }
public AverageTrueRange _atr;
public double StopLossInPips, BreakEvenPips, trailingstoppips, TakeProfitInPips;
protected override void OnStart()
{
_atr = Indicators.AverageTrueRange(26, MovingAverageType.Simple);
//Label
InstanceName = InstanceName + "_" + SymbolName;
}
protected override void OnBar()
{
if (Bars.ClosePrices.Last(1) > Bars.ClosePrices.Last(2))
{
Open(TradeType.Buy, InstanceName);
}
if (Bars.ClosePrices.Last(1) < Bars.ClosePrices.Last(2))
{
Open(TradeType.Sell, InstanceName);
}
}
protected override void OnTick()
{
StopLossInPips = Math.Abs(Bars.OpenPrices.Last(1) - Symbol.Bid);
StopLossInPips = Math.Round(((StopLossInPips) / Symbol.PipSize), 0);
TakeProfitInPips = Math.Round((_atr.Result.LastValue / Symbol.PipSize), 0);
if (IncludeBreakEven)
{
BreakEvenAdjustment();
}
}
private void Open(TradeType tradeType, string InstanceName)
{
//Check there's no existing position before entering a trade
var position = Positions.Find(InstanceName, SymbolName);
if (position == null)
{
var _volumedv2 = Math.Round(_volume / 2, 0);
ExecuteMarketOrder(tradeType, SymbolName, _volumedv2, InstanceName, StopLossInPips, TakeProfitInPips);
ExecuteMarketOrder(tradeType, SymbolName, _volumedv2, InstanceName, StopLossInPips, null);
}
}
#region close trades
//Function for closing trades
private void Close(TradeType tradeType, string InstanceName)
{
foreach (var position in Positions.FindAll(InstanceName, SymbolName, tradeType))
ClosePosition(position);
}
#endregion
#region Break Even
// code from clickalgo.com
private void BreakEvenAdjustment()
{
var positn = Positions.Find(InstanceName, SymbolName);
var allPositions = Positions.FindAll(InstanceName, SymbolName);
foreach (Position position in allPositions)
{
var entryPrice = position.EntryPrice;
var distance = position.TradeType == TradeType.Buy ? Symbol.Bid - entryPrice : entryPrice - Symbol.Ask;
//Breakeven @ takeprofit
BreakEvenPips = TakeProfitInPips / 2;
//Trailing stop is triggered when winning pips equals the 3 times the takeprofit pips
trailingstoppips = TakeProfitInPips * 2;
Print("trailingstoppips: ", trailingstoppips);
Print("BreakEvenPips: ", BreakEvenPips);
Print("TakeProfitInPips: ", TakeProfitInPips);
Print("StopLossInPips: ", StopLossInPips);
// move stop loss to break even plus and additional (x) pips
if (distance >= BreakEvenPips * Symbol.PipSize)
{
if (position.TradeType == TradeType.Buy)
{
if (position.StopLoss <= position.EntryPrice + (Symbol.PipSize * BreakEvenExtraPips) || position.StopLoss == null)
{
// && position.Pips >= trailingstoppips)
if (Includetrail)
{
//ModifyPosition(position, position.EntryPrice);
position.ModifyStopLossPrice(position.EntryPrice + (Symbol.PipSize * BreakEvenExtraPips));
Print("Stop Loss to Break Even set for BUY position {0}", position.Id);
if (position.Pips >= trailingstoppips)
position.ModifyTrailingStop(true);
}
else if (!Includetrail)
{
//ModifyPosition(position, position.EntryPrice + (Symbol.PipSize * BreakEvenExtraPips), position.TakeProfit);
position.ModifyStopLossPrice(position.EntryPrice + (Symbol.PipSize * BreakEvenExtraPips));
Print("Stop Loss to Break Even set for BUY position {0}", position.Id);
}
}
}
else
{
if (position.StopLoss >= position.EntryPrice - (Symbol.PipSize * BreakEvenExtraPips) || position.StopLoss == null)
{
// && position.Pips >= trailingstoppips)
if (Includetrail)
{
ModifyPosition(position, entryPrice - (Symbol.PipSize * BreakEvenExtraPips), position.TakeProfit);
Print("Stop Loss to Break Even set for SELL position {0}", position.Id);
if (position.Pips >= trailingstoppips)
position.ModifyTrailingStop(true);
}
else if (!Includetrail)
{
ModifyPosition(position, entryPrice - (Symbol.PipSize * BreakEvenExtraPips), position.TakeProfit);
Print("Stop Loss to Break Even set for SELL position {0}", position.Id);
}
}
}
}
}
}
#endregion
}
}
Orglobalfx01
Joined on 03.03.2021
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: _OFX_CBOT_123121032022_PURERENKO.algo
- Rating: 0
- Installs: 1729
- Modified: 29/03/2022 12:59
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Comments
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HA
Thanks so much for sharing these. I have read a lot of articles with similar topics but none of them are as detailed. I will learn more and practice. 5 letter words
Hi, would it be possible to modify it to open a trade only after 3 bricks appear after an opposite color?