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

 

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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
Comments
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AL
allbertluu · 1 year 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