We've just published a free risk management cBot that helps traders protect their capital automatically. The Smart Break-Even Manager moves your stop loss to breakeven once a trade reaches a user-defined number of pips in profit. You can also add extra pips beyond breakeven to lock in gains while removing downside risk.
This cBot is ideal for anyone who doesn't want to sit in front of the screen constantly adjusting stops. It runs quietly in the background, securing trades without effort.
Key Features
Automatic stop loss adjustment to breakeven.
Extra pips option to secure additional profit.
Trade filtering by label.
Cooldown timer to prevent repeated adjustments.
Works on any cTrader symbol and account type.
How it works
Attach the cBot to your chart and set the number of pips for the trigger. Once your trade is in profit by that amount, the stop is moved to breakeven or breakeven plus an additional number of pips. This removes the risk of a winning trade turning into a loss.
👉 Download cTrader Smart Break-Even Manager
