The cTrader Advanced Risk Manager 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 SMS messages, Telegram Bot broadcasts, voice alerts and pop-up messages together with configurable web feeds.
Traders can create rule-based alarms which trigger any number of actions.
The software can notify the trader about events, carry out trading actions such as closing existing positions.
"We provide a 2nd license for you to use on another PC or your VPS"
HOW TO INSTALL
- Download the application file from the link below and unzip it
- Double-click on the file you unzipped and it will automatically install onto cTrader
- Open cTrader and press F11 to show cBots and drag the cTrader Alarm Manager onto a chart
- Press play and the registration screen will be shown
- Send us the unique key via email and we will give you a trial license.
"The Free Trial is for 15 days"
cTrader Alarm Manager 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 draw down 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?
Alarm Manager Trading Scenarios
We have built the alarm manager to cover all scenarios while trading from staring at the charts for many hours of going shopping for your favourite handbag.
At the Desk Looking at Charts
Pop-up message with voice alert
Option to close positions (all, winners, losers)
At the Desk, Not Looking at Charts
Pop-up message with voice alert
Option to close positions (all, winners, losers)
Not In Office or Away from Home
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.
- SMS message, this will send you an INSTANT SMS message to the number you configured in the settings tab. You get 5 free SMS messages with the trial version.
- 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.
- Close all positions, this will close all open positions when an event occurs
- Close winning positions, this will close only winning positions
- Close losing positions, this will close only losing positions.
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.
Find Out How To Create A Free Account Today
How To Set-Up The Telegram Service
Download Telegram from Google Play
You can download the app for your mobile phone for free at the Google Play store.
INSTANT SMS TEXT MESSAGES
This is the fastest method to get an instant alert using your mobile phone in the form of an SMS message.
"We also cut out the middleman and offer Low-Cost SMS Messages Directly From The Supplier"
SMS MESSAGES AS LOW AS £0.004
Find out the pricing structure for your country
Sign-Up today for your SMS Credits
How To Set-Up The SMS Service
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 a 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 a 17:00 hrs. each day
- When there are 20 losing, trades send an SMS message to your phone
- 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 telling you a pending limit order has just been filled can be very useful.
Read more about voice alerts with cTrader
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.
Some of the default services include the best online source of market information:
- DailyFx Market News
- DailyFx Daily Briefing
- DailyFX Market Alerts
- ForexLive Calendar
- ForexLive Quotes
- DailyFx Sentiment
- ForexLive Price Alerts
- DailyFx Support & Resistance
- FXStreet Twitter Feed
- ForexLive Twitter Feed
- TradersLog Twitter Feed
cTrader Alarm Manager Settings
The settings section allows you to configure the settings of the application, manage the memory usage of cTrader, set-up and use the SMS service, configure your email address, manage web feeds and other useful settings.
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. This will allow you to make personal changes.
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.
PAYG SMS Messages to Your Phone
We provide different SMS packages where you purchase only the SMS credits you need; they do not expire and you can use them as much or as little as you wish. This service is to allow you to receive the alert message to the phone number you specify. You do not get charged to receive them. You will receive 5 FREE SMS credits with the trial version.
Alarm Activity Logs
The alarm activity log tab will ensure that all your alarms are configured correctly as well as an audit trail of all alarms that have occurred.
Alarm Manager About Tab
We strive for perfection, the about tab allows you to access all the information and settings for the application so that you can customise it to suit your trading needs, why not download the trial version today.
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.
You can use the customer forum for tips & help, report bugs and request extra features for the next release to get the most out of the application. The forum is open to all users who have registered with the store.
Visit the Alarm Manager Forum
"want more alerts? just let us know and we will add them"
Available for Download Today
"NO ONE CAN PREDICT THE MARKETS CONSISTENTLY. ITS ALL ABOUT ODDS, STATISTICS, PROBABILITIES AND AVOIDING THE RISK OF RUIN."
Henri Simoes - Trading Legend