Araware.RiskManagement
cBot
154 downloads
Version 1.0, Mar 2025
Windows, Mac, Mobile, Web
239
Free installs

Description

The new version has been updated (1.0.3). In this version, new capabilities and performance improvements have occurred.


This is a customized bot designed for risk control and management.

How the bot works:

  1. Activation: The bot will only be activated if the Drawdown Control parameter is enabled.
  2. Weekly Drawdown Control:
    • If the Weekly Drawdown input parameter is greater than zero, the bot calculates the weekly drawdown.
    • If the calculated drawdown exceeds the set limit, all open positions will be automatically closed.
  3. Daily Drawdown Control:
    • If the Daily Drawdown input parameter is greater than zero, the bot calculates the current day's drawdown.
    • If the calculated drawdown exceeds the set limit, all open positions will be automatically closed.
  4. Individual Trade Drawdown Control:
    • If the Deal Drawdown input parameter is greater than zero, the bot calculates the drawdown for each position.
    • If the calculated drawdown exceeds the set limit, only that specific position will be automatically closed.

🔹 Note:
To ensure the bot's accuracy and prevent potential losses in Live accounts, this bot will only be active in Demo accounts.
If you are confident in its performance and need to use it in a Live account, please submit your request as a comment.

Summary

Trading profile

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Discussion

FAQ

Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

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