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Drawdown Limiter Advanced

5

Whether you are a trader that use Expert Advisors (EA) or you trade manually, if you decided to obtain a funded account and you are going to start an evaluation phase with a Prop Firm (like FTMO, MyForexFunds, FundedNext and all the other ones available), you will surely need to pay close attention to put a daily drawdown limit.

That seems easy, at least in words, but dealing with the rigid rules of a Proprietary Firm leave no space for mistakes, distractions, emotional blindness or execution delays.

Right for this, the best way to manage your drawdown limit is using a program that is going to monitor your drawdown level automatically at all times and take the right actions to ensure you don't break any rules throughout the whole process of getting funded and then managing a funded account reducing the risk of losing it.

For you, the Drawdown Limiter - Advanced will:

  • Monitor the Daily Drawdown
  • Monitor the Overall Drawdown
  • Close all the positions once your drawdown limit is reached 
  • Delete all the pending orders once your drawdown limit is reached 
  • Advise you by e-mail (if you want to)
  • Prevent the breach of max daily drawdown rule when closing the day with realized profit but floating losses that would overcome the max daily drawdown of the next day.
  • Monitor the Balance / Equity a the start of a new range and the current level of it
  • Monitor the Realized and Unrealized Profits and Losses for the day measured in percentage and account currency

The graphic interface is very easy to understand and it show more than the essential information.

You can decide what to see by clicking the button to show more or show less.

PLEASE, consult the User Guide before relying on the Expert Advisor.


Comentarios 1
Ehsan
193
Ehsan 2024.05.03 23:07 
 

Very nice and prop firm conform product. Riccardo is extremely supportive and friendly. Can recommend this Tool !!

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El kit de herramientas de acción del precio EA está diseñado principalmente para revendedores, pero se puede usar en todos los marcos de tiempo para ingresar rápidamente al mercado con un tamaño de lote calculado correctamente en función de su nivel de parada. Le permite ingresar operaciones rápidamente (al instante o en velas altas y bajas con pendientes). órdenes) y luego ajustar las paradas y tomar ganancias a medida que se mueve el mercado. Para obtener una lista completa de todas las fun
Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-u
Risk Manager for MT5
Sergey Batudayev
4.42 (12)
Expert Advisor Risk Manager para MT5 es un programa muy importante y, en mi opinión, necesario para todos los comerciantes. Con este Asesor Experto podrá controlar el riesgo en su cuenta de operaciones. El control de riesgos y beneficios puede realizarse tanto en términos monetarios como porcentuales. Para que el Asesor Experto funcione, simplemente adjúntelo al gráfico de pares de divisas y establezca los valores de riesgo aceptables en la divisa de depósito o en % del saldo actual. PROMO
UR Basket MT5
Krzysztof Jan Debski
你的籃子   您能做的最好的事情就是保護您的訂單免於虧損。 您現在可以放心,讓 UR Basket 來處理它。 使用 UR 籃子的優勢: 所有參數都可以在圖表的圖形面板中動態更改 - 您無需重新啟動 EA 即可更改參數或調用您使用的設置! 您可以通過以下方式跟踪您的訂單:   - 幻數   - EA評論   - 以上兩者   -一次完成所有交易 UR Basket 可以通過您的貨幣價值、PIPS 或您的餘額或淨值的百分比來跟踪您的利潤。 圖形面板始終顯示您在這三種方法中的利潤,並刷新您告訴他的頻率。 最大優勢:鎖定利潤,不虧本! 下面詳細介紹它。 有一個特殊的電報聊天,您可以在其中了解最新的工具更新,如果您覺得缺少什麼,也可以發送請求! 為什麼選擇 UR 籃子? 有很多 EA 可以自行交易,或者需要您盡可能多地關注獲利的優秀手動策略,但這些都不是防彈的突然變化或經常發生的“鯨魚攻擊”。 因此,這個籃子讓您可以跟踪所有交易,鎖定您的利潤,這樣您就不會失去您已經建立的東西,並儘快關閉交易並確保您不會陷入負值。 圖表上的設置也由用戶動態更改,因此您無需在每次要更改值
Smart Copy Local MT5
Kyra Nickaline Watson-gordon
5 (3)
Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) Free version is available on Smart Copy Local Free MT5 Specifications :     Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying     Copy from netting to hedge and hedge to netting is supported.     Fast and instant copy     All settings are input visually.     Easy modifying symbol names, prefix, suffix     Enable/Disable
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Ehsan
193
Ehsan 2024.05.03 23:07 
 

Very nice and prop firm conform product. Riccardo is extremely supportive and friendly. Can recommend this Tool !!

Respuesta al comentario
Versión 1.5 2023.10.06
Customizable Sizes Upgrade
Versión 1.4 2023.09.22
Daily Drawdown Reset Function Update
Versión 1.3 2023.09.04
Fully Customizable Colors
Versión 1.2 2023.08.30
Update on drawdown reset at specific time
Versión 1.1 2023.08.30
Fixed drawdown reset on daily bar start