Get started with BPAButler

BPAButler is a price action chatbot. Use it to record trades, receive price action alerts, view charts, and see your performance stats.

Quick start

Get started with a few simple commands for recording your entries and exits. We don't specify the market or the number of shares/contracts. Only the entry price and the amount of profit/loss.

  1. Record a buy entry assuming you bought at a price of 4300.25:

    /b 4300.25

  2. Record an exit by stating only the profit/loss on the trade, in points, cents, or pips as if trading only 1 contract, 1 share, etc. This hides wallet size.

    /pl +3.5

    For example, whether you bought with 1 contract or 10 contracts and took profit 2 points higher, you would still record the result as /pl +2

To record a breakeven simply use /be without anything else. Similarly, use the /s command to record sell or short entries.

If you made a mistake recording an exit, you can replace your last saved PL:

/pl replace -3.5

Risk

Record your initial risk/stoploss price after entry. With this information bot will be able to calculate your risk/reward ratio after a trade is done. It will also keep a running average of your RR over time for charts and stats.

/risk 4297.50

To record actual risk or just update your previous risk price simply use the same command again.

Who's In a Trade

Use /trades open command to see which traders still haven't closed their positions. Does it seem like they're not taking a loss? Then, in the spirit of social accountability, you could ask them if everything is OK?

On this page

Risk Disclosures

CFTC Rule 4.41: Hypothetical or Simulated performance results have certain limitations, unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.

Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described herein. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

Trade Results Disclosure: Any trades presented may not have been traded in a live account and should be considered hypothetical.

Trade/Chatroom Disclosure: Presentations are for educational purposes only and the opinions expressed are those of the presenters only. All trades presented should be considered hypothetical and should not be expected to be replicated in a live trading account.

Testimonial Disclosure: Testimonials appearing on this website may not be representative of other clients or customers. Testimonials are not a guarantee of future performance or success.

See further disclaimers that may help your understanding.