Description
FILLS THE GAP: BREAKOUT-TRIGGERED LIMIT ORDERS
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This bot fills a gap in cTrader by providing breakout-triggered limit order functionality - a feature many traders have been requesting!
What's the Difference?
cTrader's native stop-limit order:
- Sets a stop price and a limit price range
- When price hits the stop, a limit order is queued within the specified range
- Use case: Ensure fill at specific price after trigger
This bot's breakout-limit logic:
- You define a breakout level (BRK) and an entry level (ENT)
- When price breaks through BRK, the bot instantly places a limit order at ENT
- Use case: Enter on pullback after confirmed breakout
- Perfect for catching pullbacks after breakout confirmation
KEY FEATURES
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[Powerful Visual Planning]
- Drag-and-drop lines directly on chart: BRK (breakout), ENT (entry), SL (stop loss), TP (take profit)
- Real-time preview showing pips, dollars, and lot size for each level
- Smart constraints prevent illogical line positions (e.g., SL above entry for Buy)
- Auto-adapting colors for light/dark chart backgrounds
- State preservation when switching timeframes
[Complete Position & Risk Management]
Three professional position sizing modes:
- Fixed Lots: Trade a constant lot size you specify
- Equity %: Size based on percentage of account equity
- Risk %: Calculate lots based on stop loss distance and your risk tolerance
Combined with customizable Stop Loss and Take Profit, you get complete control over position sizing and risk protection.
[Flexible Direction]
- Buy: Wait for upward breakout
- Sell: Wait for downward breakout
- Both: Auto-detect direction based on price position
WHY CHOOSE THIS BOT?
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Unlike basic limit order tools, this bot offers:
- Visual drag-and-drop planning (not just input boxes)
- Breakout-triggered logic (different from native cTrader stop-limit)
- 3 position sizing modes in ONE tool
- Real-time P&L preview before trade triggers
- Integrated SL/TP with smart constraints
All-in-one solution. No need for multiple separate tools.
HOW IT WORKS
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1. Set your trade direction and risk parameters
2. Drag the BRK line to your breakout level
3. Adjust ENT (entry), SL, and TP lines as needed
4. Bot monitors price and places limit order when breakout occurs
5. Delete BRK or ENT line anytime to cancel
FREE VERSION
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This is the FREE single-group edition - perfect for traders who need one breakout setup at a time.
Need more power? Upgrade to "stop-limit-multi" for:
- Multiple simultaneous order groups
- Independent settings per group
- Visual group connectors and labels
- Scale-in and bracket order strategies
REQUIREMENTS
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- Works on all symbols and timeframes
- No external dependencies
- AccessRights: None (safe, no external access)
VERSION INFO
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Version: 1.0.0
Author: efem2000
License: Freeware
Summary
It supports three position sizing modes: fixed lots, equity percentage, and risk percentage based on stop loss distance, allowing comprehensive risk and position management. The bot accommodates buy, sell, or auto-detected trade directions and enforces smart constraints to prevent illogical order placements. It preserves state across timeframe changes and adapts its visual elements to light or dark chart backgrounds.
Designed for use on all symbols and timeframes without external dependencies, this free edition handles one breakout setup at a time. It integrates stop loss and take profit settings within a single tool, streamlining breakout-limit order strategies for markets including Forex, indices, commodities, stocks, and cryptocurrencies.
