Araware.RiskManagement
"Araware.RiskManagement" logo
23/07/2025
33
Desktop, Mobile, Web
Since 15/03/2025
Free installs
46

The new version has been updated (1.0.3). In this version, new capabilities and performance improvements have occurred.


This is a customized bot designed for risk control and management.

How the bot works:

  1. Activation: The bot will only be activated if the Drawdown Control parameter is enabled.
  2. Weekly Drawdown Control:
    • If the Weekly Drawdown input parameter is greater than zero, the bot calculates the weekly drawdown.
    • If the calculated drawdown exceeds the set limit, all open positions will be automatically closed.
  3. Daily Drawdown Control:
    • If the Daily Drawdown input parameter is greater than zero, the bot calculates the current day's drawdown.
    • If the calculated drawdown exceeds the set limit, all open positions will be automatically closed.
  4. Individual Trade Drawdown Control:
    • If the Deal Drawdown input parameter is greater than zero, the bot calculates the drawdown for each position.
    • If the calculated drawdown exceeds the set limit, only that specific position will be automatically closed.

🔹 Note:
To ensure the bot's accuracy and prevent potential losses in Live accounts, this bot will only be active in Demo accounts.
If you are confident in its performance and need to use it in a Live account, please submit your request as a comment.

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