RiskManager v1
cBot
2 purchases
Version 1.0, Apr 2025
Windows, Mac, Mobile, Web
Trading product for RiskManager v1 cBot, image 2
Since 31/10/2024
56
Sales
1.75K
Free installs

Description

This trading bot is designed to automatically manage open positions based on predefined daily performance thresholds. Its core logic focuses on disciplined risk management by implementing the following rules:

  • Daily Profit Target: Once the bot achieves a specified profit level for the day, it will automatically close all open positions and halt further trading to secure gains and avoid overtrading.
  • Maximum Daily Loss: If the bot reaches the maximum allowed loss for the day, it will immediately exit all trades and suspend trading for the remainder of the day to prevent further drawdown.

These parameters ensure that the bot follows a structured approach to capital preservation and profit locking, aligning with best practices in risk management.

Summary

Trading profile

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Discussion

FAQ

Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

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Price

Since 31/10/2024
56
Sales
1.75K
Free installs