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DrawdownCutter Money Management

The DrawdownCutter EA provides you with the option to close all trades in your MT4 account, if the drawdown amount is reached, you set in the EA settings.

This EA works with MT4 accounts in any currency.

Simply attach the DrawdownCutter 2.0 EA to any clean chart. This EA also works while other EAs are running on the account - if attached to a separate chart.

Please note that due to market execution delays and broker executions times, the amount of the trades closed automatically by the DrawdownCutter, can differ slightly from the max. drawdown amount you set in the DrawdownCutter EA settings.


Feature:

- Closing of all trades in account if max. drawdown amount set in Ea is reached

- Closing of a specific pair the EA is attached to if max. drawdown amount set in EA is reached

- Closing of trades with the same Magic Number if max. drawdown amount set in EA is reached


Please do not hesitate to contact me if you have any question!

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This EA is fully automated , it is built based on  the method of catching the pop-up Alert event and forwarding them to Telegram Channel/Group. Parameters of the EA: -------- <EA Settings> -------- Magic Number:   The identifying (magic) number of the currently selected order. Bot name:   Name of the Expert Advisor. -------- <Telegram Settings> -------- Telegram Bot Token: Each bot is given a unique authentication token when it is created. Telegram Chat_ID: Unique identifier for the target cha
Trading History MT4
Siarhei Vashchylka
5 (4)
Trading History - A program for trading and money management on the history of quotes in stratagy tester. It can work with pending and immediate orders, and is equipped with trailing stop, breakeven and take profit functions. Very good for training and testing different strategies. Manual (Be sure to read before purchasing) Advantages 1. Allows you to test any trading strategy in the shortest possible time 2. An excellent simulator for trading training. You can gain months of trading experi
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Version 2.0 2021.08.04
The following feature has been added.

1. Magic number
If "true", only trades with the same Magic Number will be closed if max. set drawdown is reached

2. Current Symbol
Only trades of the Symbol the EA is attached to will be closed if max. set drawdown is reached