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Verto News Trader

The Verto News Trader is a new way of Trading news events with highly customisable options. Because this cBot does not use any kind of Mathematical equations to find and entry and exit point, this makes the cBot work solely on the Markets reaction and Volitility of a News Event.

PLEASE NOTE: This cBot requires the latest version of cTrader

cBot Parameters:

Display News Only: cBot will become a news display system only. Will not place any trades. Good for Trasders who want a simple on-screen display of news events.

Trade Low Event: Will trade on Low News Events.
Trade Medium Event: Will Trade on Medium News Events.
Trade High Event: Will Trade on High News Events (ONLY Reccommended).

Placed Before Event (s): Will Place the trade orders X seconds before a News Event takes place.
Expires (M): Will set the expiry time x minutes after the News Event has taken place.

Trading Strategy: Trade using one of the following Strategies:

  • Standard Trading:
    • Will Place a Take Profit and Stop Loss.
  • Ratchet Trading:
    • Will only place a stop loss and no Take Profit.
  • Combination Trading:
    • Both Standard and Ratchet Trading Combined.
  • Multitrade Trading:
    • Will place a Stop Loss and will close out a user set percentage (%) of the trade when the trigger is hit.

Pips Away: Setting for placing the order a certain pip distance away from the Current Price:
Take Profit: Take Profit in Pips.
Stop Loss: Stop Loss in Pips.
Lot Size: The Orders trade Lot Size.

Break-Even w/ T.S.: Actives the Break Even with Trailing-Stop Trade Protection for the Trades.
Trigger (pips): Activates the Break-Even w/ Trailing-Stop at the x pip value.
Above Entry (Pips): Will bring the Stop Loss x pips above the Entry Price of the Trade.
Trade Protection Active: Activates the Trade Protection for the Trades.

Break-Even w/ T.S.: Actives the Break Even with Trailing-Stop Trade Protection for the Trades.
Trigger (pips): Activates the Break-Even w/ Trailing-Stop at the x pip value.
Above Entry (Pips): Will bring the Stop Loss x pips above the Entry Price of the Trade.
Trade Protection Active: Activates the Trade Protection for the Trades.

1st Break-Even w/ T.S.: Actives the Break Even with Trailing-Stop Trade Protection for the Trades.
1st Trigger (pips): Activates the Break-Even w/ Trailing-Stop at the x pip value.
1st Above Entry (Pips): Will bring the Stop Loss x pips above the Entry Price of the Trade.
2nd Break-Even w/ T.S.: Actives the Break Even with Trailing-Stop Trade Protection for the Trades.
2nd Trigger (pips): Activates the Break-Even w/ Trailing-Stop at the x pip value.
2nd Above Entry (Pips): Will bring the Stop Loss x pips above the Entry Price of the Trade.
Trade Protection Active: Activates the Trade Protection for the Trades.

1st Trade Close (%): Uses this percentage to Partial Close the Trade.
Break-Even w/ T.S.: Actives the Break Even with Trailing-Stop Trade Protection for the Trades.
Trigger (pips): Activates the Break-Even w/ Trailing-Stop at the x pip value.
Above Entry (Pips): Will bring the Stop Loss x pips above the Entry Price of the Trade.
Trade Protection Active: Activates the Trade Protection for the Trades.

Enabled: Enables/Disables the Auto-Money Management system.
Risk, %: Sets a certain risk percentage of your balance. Recommended to use at maximum of 2%.
Risk, $: Sets a certain $ Value of risk instead of using your entire balance.
Fix Balance: Sets a certain $ Value of your balance to use as trade values.
Use $ Instead of %: Self explanitary.
Use Eq instead of Bal. Uses the current equity proce instead of the Default Account Balance. Useful if running multiple cBot instances on multiple FX Pairs.
Lot Digits: The Decimal point of the lot size (Recommended to keep at 2).

Active: Activates the Trend Trading system.
Source: where to get the values for the Exponential Moving average values.
Periods: 4 Different Values to maximise or mininise the trend values.

Active: Activated the Dynamic Order Placement.
Bars Index Lookback: Will look at the highest and lowest values of the past x candles and place orders above and below those value to the x value of Pips away. Useful for Trend Trading or Trading with Medium and/or Low News Events to safeguard your trades.

Break-Even w/ T.S.: Actives the Break Even with Trailing-Stop Trade Protection for the Standard Trades.
Trigger (pips): Activates the Break-Even w/ Trailing-Stop at the x pip value.
Above Entry (Pips): Will bring the Stop Loss x pips above the Entry Price of the Trade.

Active: Activates the Reversal Trade Protection of the System. Will show the Reversal Stats of the Trades. Please consult your broker to find out the maximum lots you can Trade and adjust either the Auto Money Management or Standard Lot Size Trades as needed.
Trigger (Pips): sets the Trade Reversal Position x pips behind the Trade. Visible on screen by a solid line.
Position Multiplier: Will Multiply the Initial Lot Size by x value.For Example, Initial Trade at 1 lot with a 5x Position Multiplier will Set the second Reversal at 5 Lots. All information will be Displayed on Screen.
Subsequent Position Multiplier. As Above. All Information will be displayed on Screen.
Take Profit Multiplier: Will Multiply the Take Profit value by this number.
Subsequent Multiplier. Will multiply the Initial and First Reversal Take Profits by this value.
Trigger Multiplier: Will multiply the Stop Loss update Trigger by this value.
Subsequent Multiplier: Will multiply the subsequent Stop Loss triggers by this value.

Example Videos

Performance video of cBot Running from April 1st 2019 to June 10th 2019

cBot Backtest | 1 Year EURUSD

Version History

  • Changed Reversal Stats Recalculations
  • Fixed Daylight Savings Corrections
  • MultiTrade Trading Now available
  • Daylight Savings Hot-fix applied
  • News Download Check now reset after successful download of data
  • News Downloader check extended to 10 attempts
  • Fixed Daylight Savings Bug
  • Added Multiple Trading Strategies
  • Added Stop Loss Trade Protection
  • Optimised News Downloader
  • Added Weekly License Check
  • Built-in Product Version Verification
  • Bypass License Check for Backtesting

• Full Version Release

• License Key Validation Added
• Blocked input from Keyboard and Mouse while News Updater is running.

• Parameters changed to make it easier to understand
• Grouping added for Parameters
• Added Visual Line For Trade Reversals
• Label will now always be the Current Currency Pair

  • Added Trade Execution Protection for Trade Reversals
  • Added Data for Reversal Stats on the Main Screen
  • Removed Printing of Position Lot Size in the Log to reduce memory allocation
  • Optimised Money Management System
  • Moved News Download Check into the Backtesting Checking portion
  • Updated obsolete code for the new cTrader Automate 3.5
  • Updated Trade Protection for Standard Trading to include Trailing Stop
  • Fixed log of Trade Protection not displaying either BUY or SELL
  • Added Money Management System
  • Removed information for News Display Only
  • Streamlined logging of cBot Startup Sequence for Clearer Information
  • Added Conservative Parameters for EURUSD High Volatility
  • Added a Backtest Check to stop the auto-update of news events while Backtesting
  • Overhauled Trade Protection
  • Added Dynamic Trading to Trend Trading
  • cBot will now show what type of trading is in operation
  • Updated code for Daylight Saving Check
  • Fixed Reversal
  • Fixed bug with Position Reversal failing after 3rd Reversal
  • Added Ability for Reversal Trading to work more than once
  • Blocked keyboard and Mouse input while news Refresh is Downloading
  • Initial Beta Release
  • Added 3 Trading Strategies:
    • Standard (Take Profit & Stop Loss)
    • Ratchet (Stop Loss with Stop Loss Trigger)
    • Combination (Both Standard & Ratchet)
  • Added Custom Label Parameter. Good for Trading multiple Currency Pairs with Multiple Strategies.

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