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simpliest job just to monitor drowdown each day and close position when trigger

Created at 12 Oct 2025
cTrader Discord
K.

k.ralje98

Joined 08.09.2025

Status

Open


Budget

30.00 USD


Payment Method

Direct Payment

Job Description

What I need:

A simple protective bot that monitors the entire trading account and automatically closes all positions at preset profit/loss limits.

Required features:

  • Monitor all open positions, regardless of who/what opened them
  • Automatically close ALL positions when:
    • Total profit reaches a set value (e.g., +€30)
    • Total loss reaches a set value (e.g., -€20)
  • Block new trades after closing positions — to prevent other EAs from immediately reopening positions

IMPORTANT – Daily Drawdown Reset:

  • Each day at midnight (or custom time), the bot saves the current account balance
  • From this new reference point, a drawdown limit is applied (e.g., -$500)
  • Example: if balance at 00:00 is $10,000, bot closes all trades if it drops to $9,500
  • If balance increases to $10,200 the next day, the new stop is $9,700
  • Always protects the latest daily high minus the set drawdown

Settings required:

  • Take Profit value (in EUR/USD)
  • Daily Stop Loss / Drawdown (in EUR/USD)
Comments
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JosephTradingbot's avatar
JosephTradingbot · 1 month ago

Hi, I can help you with your project. With several years of experience in programming, forex analysis and trading. Please contact me for details. Email: joseph.tradingbot@gmail.com Telegram: @iamjosepe

PR
procopiumarinela · 3 months ago

Hello! Do you still need this bot?

MO
moseswaritimi1 · 3 months ago

I will assist you to build this I am a Algo trading developer contact me via +2348147534869 telegram