cTrader Switchback Trading System suggestuion

zalis

Hello

I have one maybee more ,but this onresholuld bee easy done 😃 Then u can trade some price action with swtchback..

first should be easy
You scroll thrue the chart and you see a i big long breakout and want to wait for the bull back,, can be hours /day u need to wait.. The software have price border for stop the buy and sell orders in the bot.

Maybee can have does price to start the cbot at thoes price??

Start the bot att sell price stop ,used for buy order in the exampel above..

The price or indicator need to hit some value for cbot to start

conny

zalis

So the short explaine cbots price stopp in swtchback cbot in we cal Buy stop and Sell stop

so with that we get 4 senarious,, We cal software price in software Buystop and Sellstopp
Reverse
Price hit Buy stop price -- Sell Algo start
Price hit Sell stop price -- Buy Algo start

Pullback
Price hit Buy stop Prrice -- Then sell stop price hit -- Buy algo start
Price hit Sell stop Price--- Then Buy stop price hit -- Sell Algo start

zalis

And one more 😃 .. Start Switchback Algo when price hit "freesh" untouched price area
price in cbot or a line /"box" on chart???

Not toucded since > X min/days
Not touched less < X min/days

zalis

If you want to go qick in qick out .. Trading stop after one serie of sucess. or only One day cbot is allowed

Mike

Hi, zalis, thank you for your feedback.

zalis

Start switshback cbot pair when get telegram alert from provider can be a god idea..
conny