Category Other  Published on 01/11/2021

Risk & Reward Manager for cTrader

Description

This tool was created by one of our vendors (Winson) to help traders plan their market and pending orders with a mixture of risk vs reward and take profit targets.

  • You can drag the TP/SL line to auto calculate the risk/reward values
  • Setting the volume will auto calculate the risk amount
  • Set the Stop Loss to auto calculate the TP/ RR rate and amount
  • Set the Take Profit to auto calculate the SL/RR rate and amount
  • Risk/Reward Rate: set the RR rate will auto calculate the TP
  • Risk Amount (with/without percentage): you can set the actual amount value or with the percentage
  • Set a trailing stop
  • Add the comments into the order
  • Support Buy, Sell, Buy Stop, Sell Stop order

 

Download by following the links below.

 

cTrader Forex Risk Manager

 

Join our Vendor Program

Do you have some unique indicators or trading tools?

Why not sell them on our marketplace and make a passive income? - How to apply

Contactinstant chat group
Websitehttps://clickalgo.com

ClickAlgo

Twitter | Facebook | YouTube | Pinterest | LinkedIn


using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;
using System.Windows.Forms;
using System.Threading;


namespace cAlgo
{
    [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.FullAccess)]
    public class ClickAlgoSoftware : Robot
    {
        [Parameter(DefaultValue = 0.0)]
        public double Parameter { get; set; }

        private static Mutex dialogMutex = new Mutex();
        private static bool dialogIsShownOnce = false;

        protected override void OnStart()
        {
            ShowDialogBox();
        }

        protected override void OnTick()
        {
            // Put your core logic here
        }

        protected override void OnStop()
        {
            // Put your deinitialization logic here
        }

        public static void ShowDialogBox()
        {
            dialogMutex.WaitOne();

            if (dialogIsShownOnce)
                return;

            var ret = MessageBox.Show("It is not possible to download the software from the cTDN website. Would you like to visit us at ClickAlgo.com where you can download it?", "Downloading...", MessageBoxButtons.YesNo, MessageBoxIcon.Information);

            if (ret == DialogResult.Yes)
            {
                System.Diagnostics.Process.Start("https://clickalgo.com/risk-manager");
            }

            dialogIsShownOnce = true;

            dialogMutex.ReleaseMutex();
        }
    }
}


ClickAlgo's avatar
ClickAlgo

Joined on 05.02.2015

  • Distribution: Paid
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: ClickAlgo Software.algo
  • Rating: 5
  • Installs: 1315
  • Modified: 01/11/2021 19:34
Comments
Log in to add a comment.
AL
allbertluu · 2 years ago

Risk and Reward are two of the most important concepts in trading Cinenerdle . There is no point in trading if you don't understand how risk and reward work together.  stumble guys