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C# Reversal Strategy for cTrader

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Joseph Ezekiel
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0% found this document useful (0 votes)
5 views1 page

C# Reversal Strategy for cTrader

Uploaded by

Joseph Ezekiel
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Write a code using C# Customizable for the latest version of ctrader

algo, note the broker is deriv hence, their requirement should also
be met in the [Link] parameters should have dynamic inputs,Add
label to the history to the strategy that execute the trade

Name of Strategy: Reversal Strategy

Strategy time frame:4hrs

Bullish Setup Condition:

[Link] makes an initial move above the 50ema

[Link] creates an initial major resistance level

[Link] breaks that major resistance level

[Link] pulls back to that major resistance level

[Link] resistance level must be had been tested multiple times.

Entry Condition:

Look for buying pressure from candle stick pattern such as engulfing,
hammer and close above [Link] a buy trade if condition are met

Stop loss:

Below the swing low of the pullback before the buying pressure candle

Target:

3times SL

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