cTrader Welles Wilder Smoothing (WWS) Trading cBot

Mike

This basic starter kit for the cTrader platform uses the cTrader Welles Wilder Smoothing (WWS) indicator to automatically open and close trades based on predefined trade rules. The trading robot continuously monitors fast and slow welles wilder smoothing indicators and when the fast WWS crosses above the slow WWS, it generates a buy signal, indicating a potential uptrend. When the fast WWS crosses below the slow WWS, it generates a sell signal, indicating a potential downtrend.

Download the WWS Trading Robot

Open source to add new features.
Written in Microsoft C#.
Built for the cTrader platform.
Get started with algorithmic trading.
Free support.

jeffg954trade

Hello,

I downloaded this cbot today and started to backtest and play around with it. I cannot get it to open and close trades as your product description says it will. Instead of it just opening and closing as the fast crosses above and below, it requires a stop loss and take profit to be put in. Am I doing something wrong?

Mike

If you want it to close trades based on the fast MA crossing the slow MA, you must set the stop loss and take profit to zero.

jeffg954trade

Thank you. I figured I was missing something.