Beschreibung
This cBot is designed to provide precise, fast, and professional risk management directly within cTrader.
Its main function is to automatically calculate the correct position size based on the user-defined risk percentage and the Stop Loss distance, helping maintain consistent risk across every trade.
Key Features
- Auto Lot Sizing: Calculates the lot size automatically based on the selected risk percentage.
- Pip Value Sync: Automatically reads the pip value directly from cTrader.
- Monetary Risk Calculation: Computes the cash risk before executing the trade.
- Automated Stop Loss: Places the Stop Loss automatically upon entry.
- Automated Take Profit: Places the Take Profit automatically upon entry.
- Broker-Side Protection: SL and TP are sent directly to the broker, providing real position protection even if the cBot, cTrader, or your computer goes offline.
- One-Click Execution: Fast opening of Buy and Sell trades directly from a graphical user interface (GUI) panel.
- Equity-Based Risk Management: Manages risk based on the account's capital.
- Consistent Exposure: Maintains consistent market exposure regardless of the Stop Loss distance.
- Error Reduction: Reduces common mistakes stemming from manual lot size calculations.
- Prop Firm Ready: Especially useful for traders working with strict risk limits, funded accounts, or fixed-risk per trade strategies.
Risk Control Approach
The user defines how much they are willing to risk, and the cBot automatically calculates the volume required to respect that limit.
For example, if a 0.5% risk is selected, the system automatically adjusts the lot size based on the Stop Loss distance to strictly maintain that risk level. This allows for a consistent money management strategy without having to manually calculate the volume for every single entry.
Server-Side Protection (SL & TP)
A core feature of this cBot is that the Stop Loss and Take Profit are set directly on the broker's server. This means that trade protection does not rely on the cBot remaining active or running locally on your machine.
Important Disclaimer
This cBot is an order execution and risk management tool. It does not guarantee profits or provide an automated trading strategy. The outcome of each trade depends on your strategy, market conditions, execution, and user settings.
It is highly recommended to thoroughly test the cBot on a demo account and verify the risk parameters before using it in a live environment.
Zusammenfassung
Key features include automatic lot sizing synced with pip value, monetary risk calculation before trade execution, one-click trade execution via a graphical interface, and equity-based risk management. It maintains consistent market exposure regardless of Stop Loss distance and reduces errors from manual calculations. The tool is suitable for traders using fixed-risk strategies, including those working with funded accounts or prop firms.
RiskLotCalculator supports market orders and operates primarily on a 15-minute chart timeframe. It is intended as a risk control and order execution tool and does not provide an automated trading strategy or profit guarantees. Users should test it thoroughly in a demo environment before live use.
