Risk monitoring dashboards in day trading provide a centralized interface for tracking real-time exposure. They ensure traders maintain control over capital allocation and risk parameters, helping them make decisions and mitigate potential losses efficiently.
The cTrader Advanced Risk Management tool 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.
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.
This cTrader Spread Widening Alert Indicator will send an instant Pop-up message, Email or Telegram message to your mobile phone when the spread of your tradable asset increases. It is important to be informed as soon as possible if the spread of a symbol starts to widen like on Friday afternoons as this could take out your stop loss.
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.
This is the Free limited version of the cTrader Free Advanced Forex Risk Manager can 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 including an account drawdown gauge.