
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.
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The demo version of Scalping bot https://ctrader.com/products/257