ms_RiskManeger_English_V is a risk and money management bot designed for the cTrader platform. It automates position sizing by calculating lot size based on a user-defined dollar risk and stop-loss distance. Traders set their risk amount and draw a stop-loss line on the chart; the bot then determines the appropriate lot size and target levels according to the specified risk-reward ratio.
Key features include support for both market and pending (limit) orders, display of pip distance to stop-loss, and quick control buttons for Buy, Sell, Close Half, Close All, and Risk-Free actions. The bot offers adjustable risk-reward ratios for automatic take-profit calculation and operates on all timeframes and symbols with a clean, user-friendly chart panel.
Trade execution methods include:
1. Market Execution: Open positions at current market price with automatic lot sizing based on account size and risk percentage.
2. Pending Orders: Place limit or stop orders by setting risk parameters, drawing stop-loss and order lines, and submitting orders automatically.
This tool helps traders maintain disciplined risk control and consistent position sizing to manage capital effectively in Forex and other markets supported by cTrader.