Cover For Hand is a semi-automatic trading bot designed to manage open positions by dynamically adjusting stop loss (SL) and take profit (TP) levels and applying martingale strategies to cover losses. The bot activates only when there is at least one open order and supports one open order per direction at a time; it can operate simultaneously on buy and sell orders.

Key functionalities include:

- Automatic trailing stop loss: When a position’s profit exceeds the defined Take Profit Pip, the bot moves the stop loss according to a user-selected ratio, gradually locking in profits until the stop loss is triggered.

- Martingale loss recovery: If a position’s loss surpasses the Stop Loss Pip, the bot places an additional martingale order using one of three selectable methods—Double (doubling lot size), Fibonacci (increasing lot size following the Fibonacci sequence), or PlusOne (incrementing lot size by one unit). It recalculates the take profit level to close all positions once the profit target is reached.

- Recommended to run on the M1 timeframe for faster response, as the bot operates after each bar closes.

Example use cases and capital recommendations are provided for trading XAUUSD with varying starting lot sizes and martingale styles based on account size. The bot supports multiple markets and symbols including Forex, commodities, cryptocurrencies, and indices.