Risk and reward management cBot for cTrader

I have created an indicator for risk and reward management, but that’s an indicator so can’t open the order, at this post, I will introduce a cBot version and you can open the order base on the stop-loss, take-profit and risk amount setup.
We can take a look the cBot screen capture:

It’s almost the same as the indicator but with a few more features!
In this cBot, you can create a new order, add the comments and set whether want to use the trailing stop. I will describe the following functions and usage in detail:

Base Buttons:
Buy This is the buy order, so the stop-loss should be less than the entry price, and the take-profit greater than the entry price.Sell This is the sell order, so the stop-loss should be greater than the entry price, and the take profit less than the entry price. When you click the “Sell” button, the cBot will auto calculate the SL & TP and change themBuy Stop This is the buy stop order, that’s mean you can set an entry price above current price and wait for the market to reach it. It will auto open the buy order when the market reaches it. It’s useful when you want to open orders when the market breakout.Sell Stop This is the sell stop order, it’s the same as a buy stop order, but just wait for the market to fall down to your setup price and open a sell order.Hide This can hide the panel, when you want to see more chart information and you can hide the panel.Create Order Create the order base the above setting valuesRisk and reward values:
You can change all of these values just edit the input. When you change the values, the edit button(Pencil icon) will be enabled, after you changed you need to click the button to update the values. The cBot will auto calculate other related values base on your update:

The Parameters

In the end, this cBot is not free, I just only charge a small fee so that I can create more better indicator or cBot in the future. So, if you like it, please purchase it, thanks for your support 😄
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