Yes. MagicTradeBot continuously monitors your account balances and sends alerts whenever thresholds are crossed, helping you manage capital and reduce risk.
๐น Types of Balance Alerts
Balance Below Minimum Threshold
- Triggered when available funds drop below a pre-defined minimum
Broadcast includes:
- Current balance
- Minimum threshold value
- Recommended action (e.g., pause new trades, reduce exposure)
- Helps prevent over-leveraging or insufficient funds for new orders
Balance Exceeds Maximum Threshold
- Triggered when balance surpasses a pre-set maximum
Broadcast includes:
- Current balance
- Maximum threshold value
- Suggested action (e.g., consider scaling out or adjusting trading allocation)
- Confirms target capital has been reached or alerts you for potential scaling opportunities
๐น Why These Alerts Are Important
- Protects Capital โ Prevents trades that could overextend your account
- Reduces Liquidation Risk โ Keeps exposure within safe limits
- Supports Risk Management โ Ensures you can act on both low and high balance conditions
- Keeps You Informed in Real Time โ No need to constantly monitor your account manually
๐น Key Takeaway
MagicTradeBot broadcasts alerts for:
- Balance below minimum threshold โ triggers warnings to avoid over-leveraging โ
- Balance exceeds maximum threshold โ confirms target capital or scaling alerts โ
These notifications provide real-time capital management, helping you maintain safe trading exposure and prevent unexpected losses.