The cTrader platform does not have an automated advanced protection feature for trades that open in the future like automated or pending orders, this tool will protect your exposed positions while you are away from your desk. There are 5-take profit targets, a break-even stops, trailing stop loss and stealth stops. This tool also allows single or multiple symbol management or to attach to specific trading systems using the position label.
The cTrader Guardian Angel is a personal trading assistant for your PC that will carry out any number of automated actions such as account and trade activity alarms, it will inform you when your account is at risk and even close positions automatically to protect you against financial loss.
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.
The cTrader Trading Software Widget Collection allows you to trade like a professional, the one-click risk management panel allows you to predefine your risk so that you can execute trades with a single click using a simple interface; knowing that each trade entered is fully protected.
The cTrader Profit & Loss Dashboard Widget is part of the professional trading components collection that gives you a unique view of your account information including daily profit targets, spread and buyers and sellers breakdown for each symbol. The user interface is clean and simple so you can make decisions at a glance.
Traders who just want a simple method to lock in their profits or reduce their losses can use this cTrader cBot (robot) that will make sure that your profit and loss targets are managed correctly. This tool can close all open orders as well as pending orders.
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.