Description
Position Manager Trading Panel is an advanced, institutional-grade risk and position management solution designed for cTrader. This comprehensive trading assistant combines precise position sizing, multi-layered risk protection, and an intuitive control panel to help traders execute trades with discipline and protect their capital.
🎯 Key Features
Risk Management
- ✅ Dynamic Position Sizing
- ✅ Daily Loss Guard
- ✅ Hard Risk Lock
- ✅ DCA Protection
- ✅ Max Risk Cap
Position Management
- ✅ Multi Take-Profit System
- ✅ Auto Break-Even
- ✅ Trailing Stops
- ✅ Partial Close
- ✅ Interactive Charts - Drag SL/TP lines directly on chart
Trading Tools
- ✅ One-Click Trading
- ✅ Visual Panel - Clean, professional UI
- ✅ Emergency Flatten
Account Types
- ✅ Forex (all pairs)
- ✅ Metals (Gold, Silver)
- ✅ Indices (US30, SPX500, etc.)
- ✅ Commodities (Oil, etc.)
- ✅ Crypto (Bitcoin, Ethereum, etc.)
Symbol Compatibility
- Works with any symbol available on your broker
- Automatic pip/tick size detection
- Supports fractional pips (5-digit brokers)
- Handles variable spreads
Version: 1.0
Last Updated: 2026
Category: Risk Management & Position Sizing
📖 How to Use
1. Initial Setup
1. Attach bot to chart
2. Choose Theme (Dark/Light) and Panel Position (Top Left/Right)
3. Set your default Risk % (recommended: 0.5-2% per trade)
4. Configure Stop Loss and Take Profit in pips
2. Risk Configuration
- Default Risk %: Percentage of account equity to risk per trade
- Max Risk %: Maximum total risk across all open positions
- Minimum Stop Distance: Prevents stops that are too tight
- Pending Distance: Distance in pips for Limit/Stop orders
3. Daily Loss Protection
✓ Enable Daily Loss Guard
✓ Set Daily Loss Limit % (e.g., 2% = stop trading after 2% daily loss)
→ Bot will block ALL new trades once limit is hit
→ Protection persists even if bot is restarted
4. Hard Risk Lock (Circuit Breaker)
✓ Max Consecutive Losses: Stop after X losing trades in a row
✓ Max Drawdown %: Stop if equity drops X% from session start
✓ Max Drawdown $: Stop if equity drops $X from session start
→ Trading locked until next trading session (midnight server time)
5. Multi Take-Profit Setup
TP1: Price + Close % (e.g., 50% of position) → Optional: Move BE at TP1
TP2: Price + Close % (e.g., 25% of position) → Optional: Move Entry +1/+2 pips
TP3: Price + Close % (e.g., 25% of position) → Final close
→ Total must equal 100%
6. DCA Guard (Anti-Martingale)
✓ Enable "Restrict DCA Lot Increase"
→ Blocks any trade that increases position size vs existing positions
→ Prevents dangerous averaging down strategies
→ Ensures consistent risk per trade
7. Trading Execution PANEL
MARKET ORDERS:
- BUY/SELL buttons → Instant market execution with auto SL/TP
PENDING ORDERS:
- Buy Limit/Sell Limit → Below/above current price
- Buy Stop/Sell Stop → Above/below current price
QUICK ACTIONS:
- Close Buy/Sell → Close all positions of specific type
- Close All → Close all managed positions
- Flatten → Emergency close all + cancel pending orders
- Partial 25%/50% → Reduce position size
- BE +1 → Move all stops to entry + 1 pip
- Trail 10/20 → Activate trailing stop (pips)
⚠️ Important Notes
Risk Disclaimer
- This bot is a risk management tool, not a trading strategy generator
- You are responsible for all trading decisions
- Past performance does not guarantee future results
- Always test on demo account before live trading
- Never risk more than you can afford to lose
Best Practices
- Start Small: Begin with 0.25-0.5% risk per trade
- Use Daily Limits: Always enable Daily Loss Guard (2-3% max)
- Enable Hard Lock: Protect against emotional revenge trading
- Monitor Regularly: Check panel stats and floating P/L
- Back Test: Test your strategy before going live
Troubleshooting
- Orders not executing? → Check if Daily Loss Guard or Hard Risk Lock is active
- Wrong lot sizes? → Verify Risk % and Minimum Stop Distance settings
- DCA blocking trades? → Disable DCA Guard if scaling in is intentional
