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SuperWAE

Knowledge base / User Guide 

Sample cBot Sets.

Licensing is only required for live trading. For purposes such as backtesting and optimization this software stays free and fully featured, without restrictions.

This trading system is a highly efficient robot based on the Waddah Attar Explosion indicator for accurate entry signals, working in conjunction with a variety of trend indicators, advanced risk management systems, and an automated NEWS Management system.

Features

  • Enhanced implementation of 3 famous, powerful indicators – Waddah Attar Explosion, SuperTrend and HullMovingAverage trading algorithms
  • Advanced entry confirmations
  • Advanced exit triggers including exiting trades on trend reversal detections
  • Dynamic trading volume based on % of equity/balance
  • Customizable Trailing StopLoss (with Break-Even)
  • 5-level Advanced Take Profit
  • High-performance/accuracy backtesting and optimization
  • On-chart indicator drawing
  • NEWS Manager with full support for backtesting and optimization [BETA]
  • Telegram and Email with customizable templates
  • Accompanying WAE indicator to chart WAE from the cBot NEW!
  • Please join us at our Telegram Group for any question/query, and meet a bunch of friendly traders. 🙂 https://t.me/ALGOreDefine

Changelog

1.18.1 (Dec 11, 2020)
- Fixed a bug with Adv TP.
- Switched Adv TP stage calcs to relative values.

1.17.1 (Dec 5, 2020)
- Added a Risk Management feature under Quantity Mode (FixedMoney) to support fixed riskable currency value with dynamic lot sizing.

1.16.3 (Dec 3, 2020)
- Fixed a bug with licensing library.
- Realtime dashboard and data display on chart.
- Optional Feature pack added including Williams R% Pct, Ichimoku Cloud, Kijun Sen Line.
- Enhanced Break-Even.
- Fixed Super Profit dots on Bot startup.

1.13.3 (Nov 23, 2020)
- Fixed a bug where in some limited cases SuperTrend and HMA max dots limit not enforced.

1.13.2 (Nov 18, 2020)
- Fixed a bug with the setting of Initial StopLoss.

1.13.1 (Nov 16, 2020)
- Fixed a bug where exit on reversal for histogram may not engage if TSL is not enabled.
- Change default values of HMA and SuperTrend periods.
- Added Surge mode for WAE entry (backwards compatible with older optimisations which utilise only Rising thresholds)

1.11.3 (Nov 12, 2020)
- WAE DeadLine is now allowed to be disabled.
- Pending TSL and AdvTP trigger prices can now been seen on the chart for live/visual BT.
- Bug fix: Fixed SL value setting is sometimes not honoured when trading commodities.

1.11.1 (Nov 6, 2020)
- Updated News Manager database and refresh mechanism.
New database now has 30% more events covering 2010 to 2022. Adjusted parameter description to offer more clarity. Added Break-Even as trigger condition. Misc. minor bug fixes.

1.10.3 (Nov 2, 2020)
- Expanded possible value ranges for some parameters to better support scalping. Fixed a bug related to News Manager.

1.10.1 (Oct 23, 2020)
- Minor bug fixes and optimisations.

1.9.0 (Oct 21, 2020)
- Added Fixed Break-Even mode for TSL. Minor bug fixes. Consolidated Hard SL into Initial SL functions to improve user experience.

1.8.0 (Oct 15, 2020)
- Added support for limiting new trades to specific Trading Sessions and/or Overlap periods.

1.7.0 (Oct 9, 2020)
- Algorithm boost: WAE rising trend and rising bars above explosion line implemented.
- Bug Fixes: fixed a non-impacting issue where position closing reasons might not display properly in the logs.
- Improvements: Improved dashboard layout, updated WAE indicator (downloadable separately)
- New Features: Filter by keyword in New Manager, put it specific news event that impacts 
- Features: Added Dashboard for live trading. And Telegram notification when the bot is started/stopped (useful for VPS where Windows restarts can be a problem).

1.6.0 (Oct 6, 2020)
- Enhanced telegram/email msg templates on both trade entry and exit events, so you can all be informed of account/trade status.
Some of the supported template values include: 
Account Type, User ID, Currency, Balance, Equity, Live/Demo, Account Number, Gross/Net Profit, Open Positions, etc.
Additionally, telegram msg on position close will include detailed performance report.

1.0 (Sept 28, 2020)
- Initial Release
ALGO reDefine
Author Since: Jun 2021
Author Page →
  • Published

  • Trading Platform

    cTrader

  • Product Type

    Strategy

  • Current Version

    1.18.1

  • €30.00 / month

    Item subject to monthly license for support and updates. You may cancel your subscription at any time.View Terms

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