Traders can create rule-based alarms which trigger any number of actions. The software can notify the trader about events & carry out trading actions.
The cTrader Guardian Angel is a personal trading assistant for your PC or VPS that will carry out any number of automated actions such as managing positions, sending email’s, instant Telegram broadcasts, voice alerts and pop-up messages together with configurable web feeds.
Trading Assistant Dashboard
The dashboard should be able to provide you with all the information at a glance to assist your trading, you do not need to start the alarm monitor to view the information. It includes an account overview as well as trade activity status and the most important piece of information you will need the Drawdown gauge.
Win/Loss ratio is used in calculating the risk/reward ratio. It is not very useful on its own because it does not take into account the monetary value won or lost in each trade. For example, a win/loss ratio of 2:1 means the trader has twice as many winning trades than losing. Sounds good, but if the losing trades have dollar losses three-times as large as the dollar gains of the winning trades, the trader has a losing strategy. The application uses Net Profit/Net Loss in currency to give you an accurate view of what is really happening.
This useful gauge will show the current drawdown of your account, it has a direct relation to how much of your capital you are risking, the higher the drawdown the more you enter the realm of gambling. If your outlook to trading is low risk, then you would be looking at a drawdown of 5% or less.
The maximum value for the gauge can be changed in the settings up-to any value up to 100.
This is shown as a % or monetary value by checking the box on the right.
Complete Protection Running it on your Virtual Private Server (VPS)
Why not leave it running 24/7 365 days a year on your Virtual Private Server (VPS) so you are always protected? VPS keep-alive option.
The account alarms tab allows you to configure alerts and notifications when certain account events occur. Some of the alerts are listed below and are all self-explanatory. Each event can be turned on or off, you can configure the parameters for the event and what action to take.
- (Do Nothing)
- A pop-up message, this displays a pop-up box to the screen with the alert, you will need to close the message when you have read it.
- Email message, this will send you an email that you configured in the settings tab with details of the account event.
- Telegram Bot, this will send you a FREE Instant message to your telegram bot.
- Voice alert, a voice in English will be heard telling you of the account event that has just occurred.
- Close Position, Closes a single position when for example it is 20 pips in profit and send an email.
- Close all positions, this will close all open positions when an event occurs and send an email.
- Close winning positions, this will close only winning positions and send an email.
- Close losing positions, this will close only losing positions and send an email.
Instant Telegram Messages on Your Mobile Phone
Pure instant FREE messaging - simple, fast, secure, and synced across all your devices. Over 100 million active users in two and a half years. FAST: Telegram is the fastest messaging app on the market, connecting people via a unique, distributed network of data centres around the globe.
Download Telegram from Google Play
You can download the app for your mobile phone for free at the Google Play store.
BROKER DATA FEED OR INTERNET CONNECTION LOST
This useful event will occur after the set time in minutes and send you any one of the notifications above. How this works is for the application to check every minute if there is data coming into the platform and if after so many minutes there is no data notification is sent to you. This will still happen during periods of low volatility, so when you get the notification you will need to re-arm the manager.
CONFIGURABLE MESSAGE AND VOICE ALERTS
The application will allow you to change any of the Alert Messages to your own custom format and language. All Voice Alerts are easily located through the application and are all in English, you can replace these files with your own custom sound files.
"By changing the message and voices you can personalise the application to suit your country of origin."
Trade Activity Alarms
There are 8 events for the trade activity alarms, you can turn each one on or off and they all share the same Alarm Events.
- Close all open positions at 17:00 hrs. each day
- When there are 10 winning trades close all winning positions
- When a position opens a voice, a message will say ‘A position has just opened” in English.
- When a position closes display a pop-up message
- When there is no stop loss send an email
- When any position is 20 pips down display a pop-up message
- When any position is 20 pips up close the position.
Account and Trade activity voice alerts can be very useful when you are multitasking, sometimes having a friendly voice can be very useful.
The web feeds section allows you to get instant access to market information from various websites that have the best and most up-to-date data and news. We provide a list of default sites that we feel are very useful, you will also have the option to modify and add your own personal custom web site feeds.
cTrader Alarm Manager Settings
The settings section allows you to configure the settings of the application.
Configure Settings in the File System
The file system section provides two buttons which open areas on your computer where the application settings and sounds files are located.
cTrader Physical Memory Auto Boost
Sometimes the memory that cTrader uses starts to increase to a point where it affects the actual performance of your computer, this option will allow you to clear the cache of memory when it hits a predefined maximum amount. The caching of data is used so that the platform can execute faster, but sometimes it caches so much that it affects performance.
The auto boost will clear the memory down to the minimum automatically each time it reaches the threshold you set to give to a balanced performance.
Watch a Video Demonstration
The video has been uploaded to 1080p High Quality, so do not forget to set your U-Tube video quality to 1080p HD.
More Video Explainers
We have recorded more videos to help you use this trading tool.
How To Install
First, make sure you have the cTrader trading platform installed and then simply unzip the file and double-click on it to automatically install onto the platform.
If you need help with installation and how to use this product, visit the support page.
If you cannot find the help you need on the product support page then submit a support ticket.