ClickAlgo Profit Loss Target cbot

Sam

Greetings. I am trying to set up the cbot I purchased today [https://clickalgo.com/profit-loss-targets]. However, the bot does not seem to close trades once the [Loss Value] OR [Profit Target] is achieved. Is there anyone who can assist/ provide guidance on how to set it up?/ Does the cbot have a bug?

Mike

Hi, Sam,

Can you share your settings, account balance and exact steps you are following?

Provide a single example only.

Sam

@Mike#2108 Hi Mike. Below are the screenshots to the settings and the prompts we are receiving. We only want to set the maximum loss which should include equity.

Mike

Hi, Sam, can you try and explain what you are trying to do and which setting you are having problems with?

I have removed the images that are not required.

are you attempting to close all trades when your unrealized net profit reaches $100?

Your Unrealized Net P/L must be a positive number, remove the minus sign.

also, your equity profit never got activated as you did not achieve $9000 in profit.

This may help

An unrealized Net profit target is when the sum of all open positions reaches the target you set.
The equity target profit is when your account equity reaches the target you set.

Sam

Hi Mike

We are trying to set two targets:
1)Maximum equity loss target for the trading symbol used e.g. XAUUSD. Once this is achieved [say $100 USD LOSS], the bot should close all trades
2)Maximum equity profit target for the trading symbol used e.g. XAUUSD. Once this is achieved [say $100 USD GAIN], the bot should close all trades

Mike

@Sam#2112

Looks like you have the equity loss target feature turned off, you need to set this to yes and set the equity loss value to 100.

You have the equity profit target turned on, but the value is $9100, it will not close trades until your equity reaches $9100

Sam

Hi Mike,

I will make the changes and revert

Sam

Hi Mike,

Just a follow up question, in which instance should one use a negative sign on the unrealized net p/l?

Sam

Hi Mike,

We have also tested the cbot and it is still allowing the Unrealized P&L Equity Loss to more than $100 USD even after making changes to the settings. See screenshots attached.

Kindly advise.

Mike

Hi, Sam,

Your equity loss target should be your balance minus $100, so if your balance is $1000, then set your equity loss value to £900 and not $100.

You would not use a negative value with this product.

Sam

Hi Mike,

Well Noted. Will make the changes and revert.

danesebastion

Hi,

I'm interested in this bot, question, if I'm running a 4 currencies all with different dollar value profit targets can I set this robot to each of the charts and set it up for each different currencies separately?

Mike

@"danesebastion"#p3178

I think you misunderstood the features of the cBot, it stops the cBot on account of equity and profit targets.