Close 50% / 80% Trade Manager and Profit / loss counter

Overview

This is not an automated trading strategy. It is a manual trade management cBot designed to help active traders scale out of open positions quickly and precisely, directly from the chart. It adds a compact floating panel with two one-click partial close buttons (50% and 80%) and a live running P&L counter.

Strategy Type & Trading Approach

Type: Manual trade management tool — no signals, no automation.

This cBot is built for traders who open positions manually (or via another tool) and want faster, more controlled exits. It supports a scaling-out approach, where instead of closing an entire position at once, the trader reduces exposure in stages — for example, closing 50% at a first target to lock in profit, then letting the remainder run toward a second target.

Entry Logic & Execution Behaviour

This cBot has no entry logic. It does not open trades, analyse price, or generate signals of any kind.

On the execution side:

• The 50% button closes half the current open volume on the symbol
• The 80% button closes 80% of the current open volume
• If the resulting partial volume falls below the broker's minimum lot size, the full position is closed instead
• All closes are market orders, executed instantly at the current price
• A status message confirms success or flags any failures after each click

Risk & Capital Management Principles

The cBot supports a risk-reduction philosophy:

• Closing 50% at a profit target secures gains while keeping skin in the game
• Closing 80% near a target aggressively locks in most of the profit with minimal remaining exposure
• The live P&L counter (updates every tick) gives constant visibility of open risk in real time
• It does not move stop losses, trail stops, or manage risk automatically — that remains the trader's responsibility

Key Parameters

ParameterDescription

Filter by Symbol

If enabled, only affects positions on the current chart's symbol. If disabled, applies to all open positions across all symbols.

Who This Is Best Suited For

Trader profile: Active manual traders, day traders, and scalpers who scale out of positions as the market moves in their favour.

Experience level: Intermediate to advanced. Beginners may not yet be using scaling-out strategies, but there is no technical barrier to using the tool.

Account size: Any size. Partial closes are normalised to the broker's minimum lot size, so it works across micro, standard, and larger accounts.

Trading style: Works well for forex, indices, and commodities traders operating on fast timeframes (M1 to H1) where speed of execution matters.