ATTENTION: This is the OLD VERSION of Risk Shield
๐ NEW VERSION 2.0 AVAILABLE!
๐ https://ctrader.com/products/2361?u=zajcev27092021
RISK SHIELD - Smart Risk Manager for cTrader
๐ฏ CORE PURPOSE
RISK SHIELD is a professional assistant bot for automatic risk management in cTrader. It protects your deposit from excessive losses and locks in profits according to predefined rules, working 24/7 without your involvement.
๐ DETAILED FEATURE DESCRIPTION
1. ๐ก๏ธ BASIC RISK LIMITS
๐น Loss $
- Purpose: Maximum allowed loss per trade or group of trades
- How it works: Bot automatically closes all positions when cumulative loss reaches the set value
- Advantage: Protects from "fatal" losses and emotional decisions
๐น Profit $
- Purpose: Target profit level for automatic position closing
- How it works: When total profit (closed + open) reaches the set value, bot locks in profits
- Advantage: Helps maintain risk management and avoid greed
๐น Auto-close when limits reached
- Purpose: Enable/disable automatic position closing
- How it works: When activated, bot independently closes positions when limits are triggered
- Advantage: Complete automation - no need to constantly monitor charts
2. ๐ฐ EQUITY CLOSE
๐น Equity Target $
- Purpose: Total capital level (balance + floating P/L) for profit locking
- How it works: When equity reaches the set value, bot closes all positions
- Advantage: Protects overall account profitability
๐น Equity Stop $
- Purpose: Critical equity level for emergency closing of all positions
- How it works: When equity falls below this value, bot stops losses
- Advantage: Last line of defense against complete deposit loss
๐น Use Equity Close
- Purpose: Activate capital level protection system
- Advantage: Especially useful when trading multiple instruments simultaneously
3. โฐ TIME CLOSE
๐น Force Time Close
- Purpose: Automatic position closing at specified time
- How it works: Bot monitors server time and closes positions at specified hour
- Advantage: Perfect for scalpers and day traders who don't want to leave positions overnight
๐น Close Time (HH.mm)
- Purpose: Exact time for forced closing
- Feature: Automatic timezone detection (Moscow/CIS, Europe, USA, Asia)
- Advantage: No manual timezone difference calculations needed
4. ๐ STATISTICS & REPORTS
๐น Show Trade History
- Purpose: Visualization of trading statistics directly on chart
- How it works: Bot displays table with trade results, commissions, and swaps
- Advantage: Quick overview of trading performance without opening account history
๐น Max History Lines on Screen
- Purpose: Limit number of displayed trades for readability
- Advantage: Clean and informative interface without clutter
๐น Show Target Lines on Chart
- Purpose: Visual markers for take profit and stop loss levels
- How it works: Bot draws horizontal lines on chart showing targets for current positions
- Advantage: Visual representation of risk parameters
5. ๐ง DEBUGGING
๐น Verbose Logging
- Purpose: Detailed output of bot operation information
- How it works: All bot actions and calculations are recorded in cTrader journal
- Advantage: Simplifies troubleshooting and system analysis
๐ฏ UNIQUE CAPABILITIES
๐ก๏ธ LICENSING SYSTEM
- Automatic license expiration check
- 7-day advance warnings
- Operation blocking with expired license
๐ AUTOMATIC TIMEZONE DETECTION
- Smart region detection (Moscow/CIS, Europe, USA, Asia)
- Correct operation with broker server time
๐ MULTI-POSITION CALCULATION
- Intelligent target calculation for multiple open positions
- Weighted average price and net direction accounting
- Correct operation with hedged positions
๐ RELIABLE CLOSING
- Multi-level position closing system with retry attempts
- Protection against server connection failures
- Detailed closing process logging
๐จ VISUAL INTERFACE
๐ STATUS PANEL
- Color-coded risk status (green/yellow/red)
- License information and time until expiration
- Current profit/loss and progress toward targets
- Status of all protection systems
๐ TRADE HISTORY
- Compact table with trade results
- Separation into net profit, commissions, and swaps
- Visual indicators for profitable/losing trades
โก TRADER BENEFITS
โ FOR BEGINNERS
- Protection from emotional decisions
- Automatic risk management compliance
- Visual learning of money management principles
โ FOR PROFESSIONALS
- Multi-account and multi-instrument operation
- Complex calculations for position portfolios
- Detailed statistics and analytics
- Complete process automation
โ FOR INVESTORS
- Deposit protection as main priority
- Long-term capital preservation
- Transparent reporting system
๐ก๏ธ WHO IS RISK SHIELD FOR?
- Beginner traders - to build discipline
- Active traders - to automate routine
- Investors - for capital protection
- PAMM managers - for risk control
- Algorithmic traders - as addition to trading robots
๐ TECHNICAL FEATURES
๐ SECURITY
- License validation system
- Protection against unauthorized use
- Regular updates and support
โ๏ธ RELIABILITY
- Error handling and recovery
- Connection stability monitoring
- Position closing with multiple retry attempts
๐ฑ COMPATIBILITY
- Works with all cTrader versions
- Supports all trading instruments
- Compatible with other EAs and indicators
๐ก USE CASES
๐ DAILY TRADING
- Set daily profit targets
- Define maximum acceptable losses
- Automatic end-of-day closing
๐ PORTFOLIO MANAGEMENT
- Monitor overall account equity
- Protect against black swan events
- Manage multiple positions simultaneously
๐ก๏ธ RISK PROTECTION
- Emergency stop loss activation
- Drawdown control
- Capital preservation during high volatility
