February has been an incredible month for AlgoBuilderX. Our community keeps expanding, and we are thrilled to announce that we have surpassed the milestone of 2,500 verified users and generated over 32,000 bots!
This is an outstanding achievement that proves how AlgoBuilderX has become a reference point for traders looking to automate their strategies. A huge thank you to all of you for your support and trust in our platform. Now, let’s dive into this month’s exciting updates!
Changelog – February 2025
New Event: On Position
We have introduced the new On Position event, which allows the bot to activate only in specific situations. To complement this, we have also added two new dedicated blocks for this event: Trade Event and Order Event. This innovation provides even greater control over strategy management and execution.
Trade Event
The Trade Event enables actions to be executed in response to specific trade-related events. Available options include:
- Trade Created: triggers the event when a new trade is opened.
- Trade Modified: triggers the event when a trade is modified (stop loss, take profit, volume, etc.).
- Trade Closed: triggers the event when a trade is closed, with the ability to specify the reason for closure.
Note: This block must be the first in the sequence to ensure correct strategy execution.
Order Event
The Order Event allows strategies to dynamically react to pending orders. Available options include:
- Order Created: triggers the event when a new pending order is placed.
- Order Cancelled: triggers the event when a pending order is canceled, with the ability to specify the reason for cancellation.
Note: This block must also be the first in the sequence to ensure proper strategy execution.
New Feature: Add/Set Options in the Formula Block
A major upgrade to the Formula Block: you can now choose between two value assignment modes!
- Add: adds the calculated value to the selected variable, preserving previous data.
- Set: completely replaces the variable’s value with the new result, eliminating the need to reset it to 0 manually using the Modify Variable block. This prevents redundant operations and ensures a more efficient and streamlined strategy execution.
This upgrade provides even greater precision in managing variables!
New cTrader Indicators
The latest cTrader update brought numerous enhancements, including the addition of several new indicators (19), now fully supported on AlgoBuilderX:
— TREND —
- Double Exponential Moving Average
- Envelopes
- Fractal Adaptive Moving Average
- Kaufman Adaptive Moving Average
- Triple Exponential Moving Average
- Variable Index Dynamic Average
— OSCILLATORS—
- Bears Power
- Bulls Power
- Chande Momentum Oscillator
- DeMarker
- Elder Force Index
- Elder Ray Index
- Gator Oscillator
- Macd Oscillator Moving Average
- Oscillator Moving Average
- Relative Vigor Index
— VOLUME —
- Accumulation Distribution
- Chaikin Oscillator
— OTHER —
- Market Facilitation Index
And that’s not all:
- New Moving Average (MA) Types: Double Exponential, Triple Exponential, Kaufman Adaptive.
- New Source Options for Indicators: tick volumes, average, median, typical, weighted.
Indicator Updates and Fixes
Several existing indicators have been improved, making them even more versatile:
- Alligator – Added Source & MA Type.
- Average Directional Movement Index Rating – Added MA Type.
- Commodity Channel Index – Added Source.
- Directional Movement System – Added MA Type.
- Stochastic Oscillator – Added Stochastic Calculation Type.
Note: The VIDYA Indicator will be removed as it is now obsolete. We recommend using Variable Index Dynamic Average instead.
Fixes and Optimizations
- Improved the placement of Stop and Take Profit in pending orders, following recent changes in the latest cTrader update.
- Fixed the Get History Trade bug, which was not correctly selecting the desired trade.
- General bug fixes to enhance platform stability and performance.
Work in Progress: AlgoBuilderX V2
Along with all these improvements, the AlgoBuilderX team is working hard on Version 2 of the platform! Our goal is to revolutionize the user experience, making strategy creation even more intuitive, powerful, and accessible to everyone.
Many exciting new features are on the way, and we can’t wait to share them with you. Stay tuned!
Conclusion
February has been an outstanding month for AlgoBuilderX! With new features, updated indicators, and continuous improvements, the platform is becoming more comprehensive and powerful than ever.
And this is just the beginning! We are committed to constant enhancement, providing traders with increasingly advanced and efficient tools.
Stay tuned for upcoming updates and join our Discord community to exchange ideas and suggestions.
Visit AlgoBuilderX: https://algobuilderx.com