MovingAverageCrossoverBot with Risk Management

MovingAverageCrossoverBot with Risk Management is a cTrader robot designed to automate trading decisions based on the crossover of two Simple Moving Averages (SMA). This bot intelligently executes buy or sell trades when the fast SMA crosses above or below the slow SMA, respectively. Enhancements include integrated risk management features such as customizable stop loss and take profit distances in pips, allowing users to control potential losses and gains.

Key Features:

• Utilizes Simple Moving Averages for trend identification.
• User-configurable fast and slow moving average periods.
• Automatically executes buy or sell trades on crossover signals.
• Integrated risk management with customizable stop loss and take profit distances.
• Provides a flexible framework for further customization and optimization.

Disclaimer: Trading involves risk, and this cBot is provided for educational purposes. Users are encouraged to thoroughly backtest the bot and use it responsibly in a simulated environment before considering live trading. Always apply risk management strategies and stay informed about market conditions.