Description
Position Watcher is a practical trade management plugin for cTrader designed for traders who manage multiple open positions with different objectives.
Instead of treating every open trade the same, Position Watcher allows you to assign each individual position to a management group such as Close Soon, Intraday, Hold, Long Term, or your own custom groups.
This makes it easier to separate positions you intend to close soon from trades you want to leave running for longer-term targets.
Key Features
- Integrated directly into cTrader Trade Watch
Access Position Watcher from the bottom Trade Watch panel without opening a separate window. - Organize Individual Positions
Each position can be assigned independently to a group, even when multiple positions are on the same symbol and direction. - Built-in Management Groups
Start with: - Unassigned
- Close Soon
- Intraday
- Hold
- Long Term
- Create Custom Groups
Create additional groups to match your own trading style and position-management strategy. - One-Click Group Closing
Close all open positions assigned to a specific group with a single action. - Individual Position Closing
Positions can still be closed individually directly from Position Watcher. - Group Performance Summary
Monitor the number of positions, combined volume and current net P/L for each group. - Open Position Details
View important information including symbol, direction, volume, entry price, pips, net P/L, label and opening time. - Persistent Group Assignments
Position assignments and custom groups are stored locally so your organization is retained when the plugin is restarted. - Automatic Position Detection
Newly opened positions automatically appear as UNASSIGNED, ready for you to categorize.
Example
You may have several XAUUSD positions open at the same time but intend to manage each differently:
XAUUSD Buy #1 β CLOSE SOON
XAUUSD Buy #2 β INTRADAY
XAUUSD Buy #3 β HOLDXAUUSD Buy #4 β LONG TERM
Position Watcher keeps these trades separated according to your management plan, rather than simply grouping them by symbol.
When you are ready to exit your short-term positions, simply use Close Group for CLOSE SOON while your HOLD and LONG TERM positions remain untouched.
Designed For
Position Watcher is especially useful for traders who:
- Scale into positions with multiple entries.
- Keep runners after taking partial profits.
- Manage short-term and longer-term positions simultaneously.
- Trade multiple strategies on the same account.
- Want a cleaner way to organize a large number of open trades.
- Need quick group-based trade management without manually closing positions one by one.
