Description
RiskCheck_Echo — Check the Risk Before You Take the Trade
RiskCheck_Echo is a pre-trade risk and discipline assistant designed for manual cTrader users.
The product includes the Echo Trade Check dashboard, which is the main interface used to review your trade setup before execution.
Enter your BUY/SELL direction, Entry, Stop Loss and Take Profit, then click CHECK TRADE. RiskCheck_Echo analyses the setup against your configured risk rules and gives you a clear verdict:
READY — Rules respected
CAUTION — Daily risk is approaching its limit
STOP — One or more rules are not respected
WAIT — Inputs must be checked or rechecked
WHAT IT CHECKS
• Maximum risk per trade
• Maximum daily loss
• Minimum Risk/Reward ratio
• Maximum trades per day
• Maximum consecutive losses
• Maximum open positions
• BUY/SELL price consistency
• Broker Stop Loss / Take Profit distance limits
• Broker volume limits
WHAT YOU SEE
• Account balance
• Risk % and monetary risk
• Risk/Reward ratio
• Suggested volume
• Daily realised P&L
• Trades today
• Loss streak
• Open positions
• Projected daily loss after Stop Loss
• Remaining daily risk
MOVABLE DASHBOARD
The Echo Trade Check dashboard can be moved anywhere on your chart. Simply drag the grey grip area on the left side of the panel and position it wherever you prefer.
FRESH CHECK FOR EVERY CHANGE
Changing Direction, Entry, Stop Loss or Take Profit automatically invalidates the previous verdict and returns RiskCheck_Echo to WAIT. Click CHECK TRADE again to analyse the updated setup.
MULTI-SYMBOL USE
RiskCheck_Echo analyses the symbol of the chart on which it is running. To analyse another instrument, simply run RiskCheck_Echo on that instrument's chart.
DAILY RISK CONTROL
Daily P&L, Trades Today and Loss Streak use the UTC trading day and reset at 00:00 UTC.
Daily P&L includes realised closed trades only. Unrealised profit or loss from open positions is not included.
Trades Today and Open Positions are evaluated across the entire trading account and all symbols. A winning or break-even trade resets the current day's Loss Streak.
Suggested Volume is normalized according to the broker's allowed volume increments and may result in slightly less risk than the configured maximum.
BUILT FOR DISCIPLINE — NOT PREDICTIONS
RiskCheck_Echo does not open trades and does not generate trading signals.
Its purpose is simple: help manual traders apply consistent risk rules before entering a trade.
RiskCheck_Echo is a pre-trade decision and risk-control assistant. It does not replace your broker's or prop firm's own risk calculations, execution requirements or trading rules.
SUPPORT & QUESTIONS
We are happy to answer any questions about RiskCheck_Echo, whether before or after your purchase.
If you need clarification about the product, its features, setup or usage, feel free to contact us through the cTrader Store.
We want you to understand exactly how RiskCheck_Echo works and what to expect from it.
Summary
Key risk checks include maximum risk per trade, daily loss limits, minimum risk/reward ratio, maximum trades per day, consecutive loss limits, open position limits, price consistency, and broker-specific constraints on stop loss, take profit distances, and volume. The dashboard displays relevant metrics such as account balance, risk percentage and monetary risk, risk/reward ratio, suggested trade volume, daily realized profit and loss, number of trades today, loss streak, open positions, projected daily loss after stop loss, and remaining daily risk.
RiskCheck_Echo operates on the chart symbol it is attached to and supports multi-symbol use by running on different charts. It uses the UTC trading day for daily risk calculations, resetting at 00:00 UTC. The tool does not execute trades or generate signals; its purpose is to help traders maintain consistent risk discipline before trade entry.
