cBot Overview

This cBot runs in the background, either locally or in the cTrader cloud, and monitors your account equity and open positions at a fixed interval. You define thresholds by percentage or currency, including a hard equity floor and an optional profit lock for stop-after-profit days. When a rule is breached, the bot can close positions, cancel pending orders, and disable further trading until the next daily reset. Clear chart messages confirm status and the reason for any action.

Background & History

Account-level risk guards emerged as traders automated more of their workflow. Indicators and cBots excel at entries and exits, yet many lack a global kill-switch to stop a bad day from becoming a terrible week. Equity protection frameworks became common in professional risk dashboards, and this bot adapts that concept for cTrader with flexible scopes, daily resets, and action controls suited to multi-symbol or label-filtered trading.

How the cBot Works

The bot samples account equity every second by default, compares it to the day's start equity, and checks your selected limit mode. It evaluates three primary loss modes, a hard equity floor, and an optional profit lock. If any condition is met, it enforces your chosen actions once, then optionally disables trading until the reset time. A heads-up display on the chart shows start equity, current equity, delta, and whether trading is active or disabled.

• It tracks the start of the day equity, then measures live change in currency and percentage.

• It can operate on all positions, only positions on the current symbol, or only positions with a matching label.

• It can apply the rules to open positions and to pending orders when requested.

• It performs a daily reset on a new UTC day or at a specific UTC hour that you set.

Key Features

This cBot provides guardrails for any discretionary or automated strategy. It is not a signal generator; it is a risk supervisor.

• Daily loss by per cent of start equity, or fixed account currency, or per trade currency loss.

• Equity floor as a hard stop for total account equity.

• Profit lock to stop trading after a positive day reaches a target.

• Close positions and cancel pending orders on breach, then pause trading.

• Scope by all positions, by current symbol only, or by position label.

• Clear on-chart status and timed alert messages.

• Lightweight timer with adjustable check frequency.

How to Use it In Practice

This cBot is not a trading strategy; it is a guard that enforces your rules when emotions or algorithms fail to do so. Think of it as a circuit breaker for your trading account. Once you set sensible limits, it will act automatically to stop further losses or secure profits, leaving you free to trade with confidence.

Set your risk budget.

• Decide how much you are willing to lose in a single day.

• Use the Daily Loss % if you want a flexible limit that adjusts to account size.

• Use the Daily Loss Amount for a fixed currency cap.

• Use the Per Trade Loss Limit to ensure no single position can run too far.

Define the scope

• Choose “All” to protect the entire account.

• Select “Current” to restrict to the chart symbol.

• Use “Label filtered” to guard only trades from one strategy.

Schedule resets

• Pick “New Day UTC” to reset limits automatically each new day.

• Choose “Specific Hour UTC” if you want resets to be aligned with a specific UTC.

Choose enforcement actions

• Enable closing of positions and cancelling of pending orders to stop exposure immediately.

• Activate “Disable trading until reset” to block new trades after a breach.

Add extra safeguards

• Set an Equity Floor as the absolute minimum balance you will tolerate.

• Use Profit Lock to stop trading once you hit a target gain for the day.

Run and monitor

• Attach the cBot once per account.

• Watch the on-chart HUD for start equity, live equity, daily change, and status.

• Demo test first to trigger each condition and confirm the behaviour matches your expectations.

Inputs & Parameters

The inputs below mirror the cBot parameters. Shaded rows help scanning. Use sensible defaults, then refine after demo testing.

Formula

The logic employs simple comparisons between live equity, start-of-day equity, and per-position profit or loss. The rules below describe each breach condition.

Advantages

The Account Equity Protector cBot gives traders a powerful safeguard against runaway losses. By enforcing account-level rules rather than relying on manual discipline, it helps reduce emotional decision-making and keeps risk consistent from day to day. It is flexible enough to operate across all symbols, on a single chart, or restricted by trade labels, which makes it suitable for both discretionary traders and those running multiple automated systems at once. The inclusion of an equity floor and profit lock allows traders to secure gains or protect their account from catastrophic drawdowns, while clear on-chart status updates ensure that users always know the state of their protection. Its lightweight design means it runs smoothly in the background without adding noticeable overhead.

Disadvantages

his tool can be too strict if the settings are not carefully tuned. For example, setting limits too tight may result in profitable strategies being interrupted during normal drawdown phases, causing traders to miss out on recovery trades. Traders who rely on mean-reversion or grid systems may find that frequent breaches reduce profitability if equity swings are common. Label filtering also requires consistency in naming trades, so users who do not manage trade labels properly might experience unintended results. Finally, using a profit lock at a low percentage can reduce upside potential on strong trending days, as trading will stop prematurely once the gain threshold is reached.

How To Install & Remove

First, ensure that you have the cTrader trading platform installed. Then, unzip the file and double-click it to install the platform automatically.

• How to install
• How to open
• How to remove
• How to edit settings

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