How to Stop Deriv Bot after Certain Number of Trades?

Bot Development

Deriv’s bot trading platform provides a powerful tool for traders to optimize and automate their trading strategies, enabling them to maximize their trading potential. With the ability to execute trades automatically, traders can take advantage of market opportunities 24/7 without being tied to their screens. Here are some key features and benefits of Deriv’s bot trading platform:

  1. Automation for Efficiency:
    • Traders can automate their trading strategies, allowing the system to execute trades on their behalf.
    • This automation reduces the need for constant manual monitoring, saving time and effort.
  2. 24/7 Market Presence:
    • The bot trading platform operates around the clock, ensuring that traders can capitalize on market movements even when they are not actively monitoring the markets.
  3. Diverse Trading Strategies:
    • Deriv’s platform accommodates a wide range of trading strategies, including trend following, mean reversion, and momentum strategies.
    • Traders can customize their bots to implement specific indicators and parameters based on their preferred strategy.
  4. Risk Management Tools:
    • The platform includes robust risk management tools to help traders control their exposure and protect their capital.
    • Traders can set stop-loss orders, take-profit levels, and other risk parameters to manage their trades effectively.
  5. Backtesting and Optimization:
    • Traders can backtest their strategies using historical data to evaluate their performance under various market conditions.
    • Optimization tools allow traders to fine-tune their strategies for better results.
  6. User-Friendly Interface:
    • Deriv’s bot trading platform features an intuitive and user-friendly interface, making it accessible for both novice and experienced traders.
    • The platform provides ample resources and support to assist traders in setting up and managing their automated strategies.
  7. Security and Reliability:
    • Deriv prioritizes the security of its platform, ensuring that traders can execute their strategies with confidence.
    • The platform’s reliability ensures minimal downtime, allowing traders to depend on the system for consistent performance.
  8. Community and Support:
    • Traders using Deriv’s bot trading platform can connect with a community of like-minded individuals, sharing insights and strategies.
    • The platform offers comprehensive support, including documentation, tutorials, and customer service to assist traders at every step.

Go to Deriv Platform: https://deriv.website

Go to Deriv Bot Platform: https://deriv.website/bot

This article is based on the comment on youtube channel: http://www.youtube.com/channel/UCGj1NgCTpbq2enP19st832Q

“Please create a bot that stops trading after a certain number or runs. For example, after 10 runs, it stops trading”

Here I’m explaining 3 ways to stop the bot after reaching given number of trades.

Stop the bot,

  1. After given Number Of Trades
  2. After Given Number of Losses
  3. After Given Number of Wins

First you need to create 2 variables. “Stop After” and “Trade Count”. We use Stop After variable to input the maximum number of trades which we need to stop the bot. Trade count variable is to count the number of trades.

Below is the code block to stop the bot after given number of Trades.

Below is the code block to stop the bot after given number of Win Trades.

Below is the code block to stop the bot after given number of Loss Trades.

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