MagicTradeBot can broadcast a wide range of messages to keep you informed about trading activity, risk events, and system status.
The exact messages depend on the notification channels enabled and their configuration.
๐น 1๏ธโฃ Trade Execution Messages
- Trade Opened โ Notifies when a new position is entered
- Trade Closed โ Alerts when a position is exited, either manually or automatically
- DCA Orders Triggered โ Shows when additional layers of DCA are executed
- Average Entry Updates โ Broadcasts updated position averages for multi-order trades
These messages ensure you always know which trades are active and how they are performing.
๐น 2๏ธโฃ Stop-Loss and Take-Profit Alerts
- Stop-Loss Hit โ Alerts when a position reaches its safety exit
- Take-Profit Triggered โ Shows when a profit target is achieved
- Smart Stop-Loss / Smart Take-Profit Events โ Broadcasts advanced protective actions
This provides real-time visibility into risk management and profit-taking.
๐น 3๏ธโฃ Emergency and Risk Notifications
- Emergency Forced Closures โ Positions closed due to extreme conditions or bot override
- Risk Limit Warnings โ Alerts if predefined limits like Max Loss Per Trade or Max Exposure are approached
These notifications allow quick intervention to prevent significant losses.
๐น 4๏ธโฃ System and Exchange Messages
- Exchange or API Errors โ Alerts on connection failures, rejected orders, or insufficient funds
- Configuration Issues โ Warnings if invalid parameters are detected
- Synchronization Events โ Updates on symbol sync or data refresh
These messages ensure that technical issues are caught early, reducing downtime or unexpected behavior.
๐น 5๏ธโฃ Customization Notes
- Only enabled channels receive messages
- You can configure which types of events to broadcast to specific channels
- Multiple channels can receive the same messages for redundancy
๐น Key Takeaway
Broadcasted messages keep you fully informed about:
- Trade openings and closings
- Stop-loss / take-profit events
- DCA executions and averages
- Emergency closures and risk warnings
- Exchange/API or system errors
In short, broadcasts provide a complete, real-time view of both trading activity and system health, allowing you to act quickly and monitor your strategy effectively.