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
Summary
Key risk management features include dynamic position sizing, daily loss guard to halt trading after a set loss percentage, hard risk lock to stop trading after consecutive losses or drawdown limits, DCA protection to prevent increasing position sizes, and a maximum risk cap.
Position management capabilities offer a multi take-profit system with customizable partial closes, automatic break-even adjustments, trailing stops, and interactive charts allowing direct drag-and-drop of stop loss and take profit lines.
The trading panel supports one-click market and pending order execution (buy/sell, limit, stop), quick actions such as closing specific or all positions, emergency flattening, partial position reduction, break-even moves, and trailing stop activation.
Compatible with all symbols available from the broker, it supports Forex pairs, metals (Gold, Silver), indices (US30, SPX500), commodities (Oil), and cryptocurrencies (Bitcoin, Ethereum). It automatically detects pip/tick sizes, supports fractional pips, and handles variable spreads.
The bot emphasizes disciplined trading with configurable risk parameters, daily loss limits, and circuit breakers to protect capital and prevent overtrading. It is a risk management tool, not a trading strategy generator, and requires user-defined trading decisions.
