Description
PropGuard Risk Panel is an on-chart execution and risk-management panel for manual traders. You define your risk once — the panel calculates the exact position size from your stop-loss distance on every tick, so every trade risks exactly what you intended. No math, no spreadsheet, no oversized positions.
Why traders use it
- Fixed-risk sizing, live - set risk as a cash amount or a % of balance; position size recalculates in real time as price moves
- One-click entries at 25 / 50 / 75 / 100 % of your risk - scale into A+ setups and stay small on B setups with a single double-click
- Pivot-based stop-loss - snap your SL to the nearest swing high/low with one click, then fine-tune it by dragging the SL line directly on the chart; size and take-profit update instantly
- RRR-driven take-profit - set your reward:risk ratio (default 1.5) with +/− stepper buttons; the TP zone draws automatically
- Daily loss guard (prop-firm ready) - define a daily loss limit; when equity drawdown hits it, the panel blocks new entries, and can optionally flatten the symbol or the entire account. Designed with prop-challenge daily-drawdown rules in mind
- Break-even in one click - move SL to entry with a configurable offset, including negative offsets (e.g. −1 pip) for traders who give price room to breathe
- Structured closing - partial closes (25/50/75/100 %) always target your most recently opened position; CLOSE flattens the symbol; CLOSE ALL is your emergency exit for the whole account
- Visual risk/reward zones - translucent red/green zones drawn from live entry price, with a draggable SL line
- Double-click confirmation on every action button - no accidental fat-finger orders
- 13 interface languages - English, German, French, Spanish, Portuguese, Italian, Czech, Russian, Chinese, Japanese, Arabic, Turkish, Hindi
- Automatic light/dark theme - the panel restyles itself instantly when you switch cTrader themes
- Personal message slot - write your own trading mantra into the panel ("Never give up", "Stick to the plan"…)
Product details
- Strategy type: Manual execution / trade management tool (this cBot does not trade automatically - it executes only when you click)
- Target symbols & periods: any symbol, any timeframe (forex, metals, indices, crypto CFDs)
- Trading use case: manual intraday and swing trading; prop-firm challenges and funded accounts where daily-drawdown discipline is critical
- Suggested account size: any - position sizing scales with your risk setting
- Suggested leverage: any; the panel sizes positions from risk, not from margin
- Access rights: None - the panel touches nothing outside the cTrader API
Fair notes (please read before buying)
- This panel is built to assist with order execution and is deliberately designed to slow down FOMO-driven reactions (double-click confirmations, fixed-risk sizing, daily loss guard). It supports discipline - it does not replace it. Ultimately, every trader must manage their own behavior.
- When dragging the SL line, grab it roughly in the middle. Grabbing it near either end can tilt the line - a limitation of cTrader's charting API. The panel automatically re-levels the line at the new price once you release it; a small trade-off for a fully draggable stop-loss.
- The daily loss guard works only while the cBot is running on a chart. If you stop the cBot or close cTrader, nothing is enforced.
- The daily PnL counter starts from the equity at the moment the cBot starts. If you restart the cBot mid-day, the counter resets (persistent day-tracking is planned for v1.1).
- Even in hard-stop mode, the final loss can slightly exceed your limit due to slippage between the breach tick and market execution. Prop traders should set the limit with a safety margin below their firm's rule.
- The guard blocks and/or closes positions opened by any source on the account, but it is a discipline tool - not a guaranteed compliance mechanism.
Made to help.
Trading involves risk. Past performance does not guarantee future results.