Questions regarding cTrader Advanced Trade Protection

Trader_J

Hi, I was wondering if cTrader Advanced Trade Protection places the SL and TP and Breakeven automatically or not. Also, does it have support for cryptocurrencies? When I test it on crypto the sl and tp does not place.

Sebastian

It is easier if you download a trial version and test it yourself to make sure it works for you, as far as I know, it does what it states on the web page, you need to place a trade with or without a stop loss and it will automatically place and adjust it.

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

4 x profit targets
Trailing stop loss placed automatically
Break even placed automatically
stealth stop loss placed automatically

One you submit an order the features above will b e applied if set-up.

Regarding Cryptos, your problem is probably spread, your TSL and BE must have triggers much higher then the symbols spread.

Trader_J

So the SL and TP that I set must include the spread as well? What if my spreads on my broker are floating and a changing every second?

Sebastian

No, what I mean is that if the symbols spread is 100 and you set a trailing stop loss trigger of 10, it will never work.