The cTrader Equity Curve Protector cBot helps traders manage risk by automatically monitoring account equity and enforcing a maximum drawdown limit.
It tracks equity in real time, using either the starting balance or the trailing peak as a reference. When the drawdown threshold is reached, the bot can:
It tracks equity in real time, using either the starting balance or the trailing peak as a reference. When the drawdown threshold is reached, the bot can:
- Close all open positions.
- Cancel pending orders.
- Stop trading activity.
- Display chart and pop-up alerts.
This cBot focuses on long-term equity preservation rather than daily limits, making it a great companion to the Account Equity Protector.
https://clickalgo.com/equity-curve-protector