Position Watcher is a trade management plugin integrated into the cTrader Trade Watch panel, designed to help traders organize and manage multiple open positions efficiently. It allows assigning each open trade to customizable groups such as Close Soon, Intraday, Hold, Long Term, or user-defined categories. This grouping enables traders to manage positions according to their individual objectives rather than by symbol alone.

Key features include one-click closing of all positions within a group, individual position closing, and a performance summary showing the number of positions, combined volume, and net profit/loss per group. Position details such as symbol, direction, volume, entry price, pips, label, and opening time are displayed for easy monitoring. Group assignments persist locally, maintaining organization across sessions, and new positions automatically appear as unassigned for quick categorization.

Position Watcher is particularly useful for traders who scale into positions with multiple entries, manage partial profits, handle short- and long-term trades simultaneously, or run multiple strategies on the same account. It streamlines trade management by providing a clear structure and quick group-based actions directly within the cTrader interface.