TradeGuard is a risk management plugin for the cTrader platform that provides centralized control over manual trading and automated CBots. It is designed to enforce strict risk discipline by implementing daily and total drawdown limits, with warning and critical thresholds that automatically block trading when exceeded. The plugin manages multiple CBots simultaneously, stopping all automated trading if risk rules are violated to prevent uncontrolled activity.
Key features include risk-based order execution with automatic position sizing based on a specified risk percentage, ATR-based stop loss calculation, and automatic risk/reward assessment, making it suitable for scalping, intraday, and swing trading styles. A real-time risk dashboard displays live account balance, daily profit and loss, total loss, and clear trading status indicators to facilitate monitoring and auditing.
TradeGuard is intended for traders focused on capital protection, including funded and prop firm traders, those running multiple CBots, and users seeking rule-based, disciplined trade execution. It does not generate trading signals or guarantee profits but serves as a tool to help maintain consistent trading performance by managing risk effectively across various markets such as Forex, indices, commodities, cryptocurrencies, and stocks.