Advanced Protection add-on

ibacajaca

I stack may trades during the day on AUDUSD forex market (different entries and different levels during the day) Is it possible to have Advanced Protection plugin to have and execute rules for each of the positions separately?

Do I need to run another instance of cTrader profile or such?

Thank you,
Jack

Mike

Can you explain the rules you need to apply to each trade?

We currently offer the generic tool below for advanced protection.

https://clickalgo.com/forex-risk-management

If you need something more customised for your trading, you can contact our development team for a quote.

ibacajaca

Hi Mike,

Thanks for quick reply.

Rules are as follow:

If 10 pips is reached then move break even to do -5 pips (or 0 if negative is not workable)
If 15 pips is reached then move break even to do 5 pip
If 18 pips is reached then move break even to do 18 pips

I may have position open i.e 8am - these 3 rules would need to apply only to this position and not globally
And I may have another position open in the same market i.e 9am (again, these 3 rules would need to apply only to this position and not globally - theses two would differ by entry levels)

Advanced Protection plugin does the trick if I run three instances of it but it seems to work globally for all trades active in the given market (ie AUDUSD)

Warm regards,
Jack

ibacajaca

P.S: Maybe if I run few instances of cTrader and place trades each of different subaccounts of my broker (ICMarkets) ? :

Mike

that could work or request help to build a bespoke system for you.

roul-charts

I have a question for the advanced protection Add-on

Is there any possibility, to add the TP or at least the SL not in stealth mode?

I really like, that I can open positions on my phone and the add-on immediately take over. But then I can't see or change the add-on TP or SL on my phone. Would love to have the TP and SL not only in stealth mode.

It's this possible? Or where to request this feature?

Sophia

It is not possible to manage custom cBots (add-ons) from your mobile phone, you need to use cTrader Desktop on Windows. it is not in stealth mode.