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    cTrader Forex expiry position timer

    cTrader Position Expiry Timer


    cTrader Desktop Software

    No Technical Support or Source Code (Why?)

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    This little buddy will close an open losing or winning position that has been running for a specified period of time in minutes, hours or days. Now you can set expiry times on losing or winning open positions.

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    How Does It Work?

    Most trading platforms have expiry times for pending orders, with this tool you can have expiry time for an open position that is losing or winning. you simply set the parameters in the cBot and press the start button, you can trade manual or automated and when any position is open for the set time the robot will automatically close it. the timeframe value is not used.

     

    Symbol to Manage

    Whatever symbol you set in the cBot will be the symbol that gets managed by this robot, so if you select EURUSD than the robot will only close this currency pair after the set expiry time.

     

    ctrader risk

     

    The default value is 1 hr. you can set this for minutes by using decimal places, so 30 minutes would be 0.5. You can turn on/off managing winning or losing positions

     

    How Does It Work?

    Most trading platforms have expiry times for pending orders, with this tool you can have expiry time for an open position that is losing or winning. you simply set the parameters in the cBot and press the start button, you can trade manual or automated and when any position is open for the set time the robot will automatically close it. the timeframe value is not used.

     

    Symbol to Manage

    Whatever symbol you set in the cBot will be the symbol that gets managed by this robot, so if you select EURUSD than the robot will only close this currency pair after the set expiry time.

     

    ctrader risk

     

    The default value is 1 hr. you can set this for minutes by using decimal places, so 30 minutes would be 0.5. You can turn on/off managing winning or losing positions

     

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    Risk Disclosure: Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. Moreover, the leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses.

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