LT_RiskGuardian
cBot
5 purchases
Version 1.0, Jun 2025
Windows, Mac, Mobile, Web
4.3
Reviews: 3
Trading product for LT_RiskGuardian cBot ATR, image 2
Since 25/09/2024
34
Sales

Description

LT_RiskGuardian is a fully automated, discipline-enforcing assistant for cTrader β€” not a trading bot, but a trader's personal risk manager. It ensures that every manual trade you place follows your risk rules with surgical precision.


😰 The Problem

Many traders know they should:

  • Always use a Stop Loss
  • Stick to a Risk % per trade
  • Set logical TP levels

But in the heat of the moment, emotions take over. You enter impulsively. Forget SL. Overleverage. And just like that β€” discipline collapses and losses mount.


βœ… The Solution

LT_RiskGuardian detects your new positions in real time and auto-adjusts:

  • βœ… SL distance using a defined SLFactor Γ— ATR
  • βœ… TP distance using a defined TPFactor Γ— ATR
  • βœ… Position Size based on your account equity and RiskPercent

It acts instantly β€” whether on local PC or cTrader Cloud β€” ensuring every trade you place respects your plan.


βš™οΈ Parameters

  • SLFactor: Distance of SL in ATR (default: 2.0)
  • TPFactor: Distance of TP in ATR (default: 3.0)
  • RiskPercent: Percent of equity to risk per trade (default: 1.0%)


🎯 Who Is It For?

  • Manual traders who want consistency
  • Traders who struggle with overtrading or fear-based exits
  • Anyone serious about risk-first trading

Update as of 20 Aug 2025

  • Risk1, Risk2 and Risk3onward:
    • Able to select different Risk percent for 1st trade, 2nd trade and subsequence trades (same symbol).
    • Default to 0.3, 0.5 and 0.25 (percent of Equity).
  • Limit ATR in consolidation period: During consolidation, ATR might become so narrow, which lead to the SL is so tight. This version limit the ATR to be >= Median of Last 200 ATR.
  • Added "SecureWin": If a position win and the price is "SecureWinFactor" (2.0) of ATR from entry price, the SL is moved to break event (controlled by "SecureWinTo", default 0.4 ATR).
  • ATR period is now settable, default 14.

(I uploaded the updated version to same file in the cloud, as there is no way to edit the file in the store. If you do not get what you get as mentioned here, please notify me. Thank you!)


Summary

AI summary
LT_RiskGuardian is an automated risk management assistant designed for manual traders using the cTrader platform. It is not a trading bot but functions as a personal risk manager that enforces discipline by ensuring every manual trade complies with predefined risk parameters. Upon detecting a new position, LT_RiskGuardian instantly adjusts the trade’s stop loss (SL), take profit (TP), and position size based on user-defined settings and market volatility measured by the Average True Range (ATR).
Key features include:
- Automatic SL placement calculated as SLFactor multiplied by ATR.
- Automatic TP placement calculated as TPFactor multiplied by ATR.
- Position sizing based on account equity and a specified RiskPercent per trade.
- Real-time operation on local PC or cTrader Cloud.
- Adjustable parameters: SLFactor (default 2.0), TPFactor (default 3.0), RiskPercent (default 1.0%).
- Advanced options such as differentiated risk percentages for sequential trades, ATR limits during consolidation, and dynamic SL adjustments to break-even after securing profits.
LT_RiskGuardian is intended for manual traders seeking consistent risk control, those who struggle with overtrading or emotional exits, and anyone committed to a risk-first trading approach.
Trading profile

Customer reviews

4.3
Reviews: 3
5
67 %
4
0 %
3
33 %
2
0 %
1
0 %
Customer reviews
June 25, 2025
Solid little helper for algo trading. it can reduce manual execution pressure, especially when used for running a defined strategy with more consistency. I would start with 0.5 percent risk, 30 demo trades and DD below 3 percent. The bot feels safer when one trade cannot damage more than 1 percent of the account.
June 24, 2025
June 24, 2025
Measured workflow check for a more controlled workflow. It helps with running a defined strategy with more consistency, but risk settings still need close attention. I would start with 0.5 percent risk, 30 demo trades and DD below 3 percent. I would still keep manual review in the process.

Discussion

FAQ

ATR
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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Price

Since 25/09/2024
34
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