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EA Drawdown Limiter MT4

30 USD

Demo indirildi: 4

Yayınlandı: 1 Kasım 2023

Mevcut sürüm: 1.1

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EA Drawdown Limiter MT4

Yardımcı programlar
Mr James Daniel Coe
Sürüm: 1.1
Etkinleştirmeler: 5

Click here to see my best trading robot: Prosperity MT5!
Prosperity MT4 version

Some EAs we use are great, but sometimes they don't have built-in drawdown limiters internally that just affect the EA. Other DD limiters operate on the whole account, this one is designed specifically so one EA (designated by the magic numbers it uses) can be monitored and closed off if it reaches a certain DD limit.

1. Find the magic numbers the EA uses. Normally (including for martingale / grid EAs) they start with a base number and go up. Right-click 'Columns' in your terminal and select 'Magic Number' to see which number(s) your EA uses.

2. Open a blank EURUSD or other popular chart select the 1min timeframe (recommended), then add EA Drawdown Limiter to that chart. Input the Base Magic Number your EA uses in the 'EA Tracking ID / Base Magic Number' box, and enter the account balance drawdown you want to limit the EA to.

3. When EA Drawdown Limiter finds trades from the EA's Magic Number are exceeding the balance drawdown you've entered, EA Drawdown Limiter will close all of the EA's trades.

And that's it! I hope this Utility serves you well, enjoy :)

FAQ

Does EA Drawdown limiter need to be attached to a chart of the same pair the EA uses?

No, it can be attached to any pair chart, I recommend EURUSD M1. It DOES have to be attached to a chart within the same terminal and account that the EA you want to control is using.

Some details were changed either by me or every tick, why haven't the numbers in EA DD Limiter changed yet?

EA DD Limiter only updates at the frequency of once per bar of the chart it's attached to. If it's attached to an M30 chart, it will only update every 30 minutes, for M1, it will update every minute (this is to save processing power). Please note, it will also only check to see if it needs to close your EA trades at the frequency of the chart bars too. Because we're dealing with drawdown limits, this is why I recommend the most frequent chart, M1.

Should I test EA Drawdown Limiter works with my account before relying on it in my live account?

YES! It's important to make sure it closes your EAs trades / everything works as expected. I recommend you input the EA's Base Magic Number and select '0.01' as the DD limit percentage. Then when your EA opens a trade and it goes into drawdown, the EA should close the trade quickly, and you should find the trade making a small loss in your trade history tab. This is a successful test.

What does the 1-+20 mean for Magic Numbers?

For most EAs, they will trade using the EA ID or Magic Number as a base number, then subsequent trades will be made with numbers going up from there, e.g. Basic Magic Number = 10001. Trade 1 = 10001, trade 2 = 10002, 3 = 10003, etc. EA Drawdown limiter covers / monitors all of these trades up to the 20th one, e.g. 10021.

MY PRODUCT LINKS

PROSPERITY MT5
PROSPERITY MT4

CAD SNIPER X MT5

CAD SNIPER MT5

EA DRAWDOWN LIMITER MT5

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-25% discount ($149 -> $111) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert - Risk reward indicator Video tutorials, manuals, DEMO download here . Find contacts on my profile . 1. Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extender or

111 USD

The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow adding more strategies every time. You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA in this market place. You can use as trad

49 USD

Fiyat eylemi araç seti EA, öncelikle scalpers için tasarlanmıştır, ancak durdurma seviyenize göre doğru hesaplanmış lot büyüklüğü ile pazara hızlı bir şekilde girmek için tüm zaman dilimlerinde kullanılabilir. emirler) ve ardından durakları ayarlayın ve piyasa hareket ettikçe kar elde edin. Kullanılacak tüm özelliklerin, ayarların ve en iyi uygulama stratejisinin tam listesi için burayı tıklayın: https://www.mql5.com/en/blogs/post/748072 Riske Dayalı Giriş Hızlı sipariş düğmeleri, hesabınız

99 USD

Forex portföyünüzün kontrolünü elinize alın. Nerede durduğunuzu, neyin işe yaradığını ve size neyin acı verdiğini anında görün! MT5 VERSİYONU BURADA MEVCUTTUR: https://www.mql5.com/en/market/product/58658 Trade Manager Dashboard, forex piyasasında sahip olduğunuz her pozisyonun şu anda nerede olduğunu bir bakışta size göstermek ve risk yönetimini ve para birimlerine maruz kalmayı daha kolay anlamak için tasarlanmıştır. Birden fazla pozisyon veya ticaret ızgarası ve sepet stratejileri ile kade

49 USD

Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo

100 USD

Expert Advisor, öz sermayeyi sürekli izleyerek ve parametrelerde girilen kurallara göre hesabınızı beklenmeyen kayıplardan koruyacaktır. Kurallar ihlal edildiğinde EA tüm işlemleri kapatacaktır. EA'yı tüm işlemleri belirli bir yüzde veya para kaybıyla kapatacak veya belirli bir yüzde veya para kârıyla kapatacak şekilde ayarlayabilirsiniz. Bu yardımcı program, çekilişi düşük tutmak ve öz sermayenizi korumak için Prop Trading Challenges için çok kullanışlıdır! Sinyallerim ve diğer ürünlerim bur

45 USD

New version with Panel updated..! (Thank you users for all your great feedback!) - Enter the Risked Amount or Lot size or % of Balance (New!) Drag the RED line on the chart to fix the Stop-Loss. Drag Blue line (New!) for Limit/Stop orders automatically ! Adjust TP1, TP2 and TP3 lines You are ready to Buy/Sell > Adjust the lines even after the trade - New! Check the user video - https://tinyurl.com/etmmt4ea Automatic Breakeven TP1/2 | Book Part/Partial Profit TP1-TP2 | Automatic Magic Trail

40 USD

Pro Arbitrage EA trades based on Arbitrage Strategy. The strategy is like a scalping technology but on three cross currency pairs at the same time. Each trade basket involves three pairs (all open at the same time) and they will close at once when any desired profit reaches. The strategy has no SL technically because all opened currencies are hedged. SL can happen if high slippages on order execution on the broker side. So the strategy is one of the safest ones in the world. MT4 Limitation :

725 USD

Hi, all. News trapper EA It is an expert for trading news very safe expert put Settings interest rate only or high impact news for Automated Trading on the news of the economic calendar. It shows stable trading during last 10 years. EA doesn't use dangerous technologies like martingale, grid. The Expert is very simple to use. The program contains flexible settings In the terminal settings, you need to add the news site to the list of allowed URLs. Click Tools >Options > Expert Advisors. Che

49 USD

What Exactly Is A Smart Trading Tool? Smart Trading Tool was developed for fast and comfortable trading of the financial markets especially for ORDER BLOCKS TRADERS . It provides traders functionalities, such as: A Drawing Tool One-Click Trading Panel Automated Lot Sizes Calculation based on your risk appetite & Money Management ( Watch this video , how this tool can help manage your risk per trade better!) Built in PRICE LEVELS (Fibonacci, Round Numbers, Daily hi-low, etc) Shows Trading Informa

150 USD

This is a multi-pair and multi scanner dashboard to find the key signal of BBMA Oma Ally Strategy BBMA consists of the use of 2 indicators: Moving Averages Bollinger Bands BBMA consists of many types of entries: Reentry Extreme Rejection EMA50 GAP (EMA50 to Upper/Lower BB) MHV Full Setup (CSE>TPW>MHV>Direction>Reentry) There are many multi timeframe signals based on this strategy. RRE (Reentry - Reentry - Extreme) REE (Reentry - Extreme - Extreme) REM (Reentry - Extreme - MHV) RRM (Reentry - R

125 USD

Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT4 accounts only. For MT5 accounts, you must use Auto Trade Copier for MT5 . Reference: - For MT4 receiver, please download Trade Receiver Fre

79 USD

CAD SNIPER'IN YEPYENİ, GÜNCELLENMİŞ VERSİYONU ' CAD SNIPER X ' YENİ ÇIKTI! Binlerce işlem daha | Broker sınırlaması yok | Daha iyi istatistikler | Çoklu stratejiler Buradan kontrol edin: https://www.mql5.com/en/market/product/111918 CAD Sniper yalnızca en popüler brokerler için tasarlanmıştır (resimlere bakın). Hepsiyle test edilebilir, ancak sonuçlar değişecektir. Kullanımı ücretsiz bir ürün ;) olarak CAD Sniper'ın keyfini çıkarın Kılavuzu ve kişisel bir bonus almak için indirdikten heme

FREE

BUILDING ON THE SUCCESS OF MY POPULAR FREE EA 'CAD SNIPER'... I PRESENT CAD SNIPER X! THOUSANDS MORE TRADES | NO BROKER LIMITATIONS | BETTER STATISTICS | MULTIPLE STRATEGIES Send me a PRIVATE MESSAGE after purchase for the manual and a free bonus TWO STRATEGIES IN ONE FOR AUDCAD, NZDCAD, GBPCAD and CADCHF Strategy 1 can be used with any broker, trades much more frequently and is the default strategy for CAD Sniper X. It's shown robust backtest success for many years and is adapted

79 USD

High growth, low draw-down bot. Great for beginners AND pros. 5 COPIES LEFT - NEXT PRICE $999 Contact me after purchase for group info, manual and a personal bonus! Prosperity live fund, real money (>$2,000) signal: CLICK HERE ABOUT A rare diamond in a sea of EAs - 4x improvements in most backtest stats. We read descriptions saying 'no martingale, grid, or 'AI'' - I offer alternate parameters... Original EA No history reading No .set files changing constantly, all built-in as default Not an 'e

599 USD

Click here to see my best trading robot: Prosperity MT5 ! Prosperity MT4 version Some EAs we use are great, but sometimes they don't have built-in drawdown limiters internally that just affect the EA. Other DD limiters operate on the whole account, this one is designed specifically so one EA (designated by the magic numbers it uses) can be monitored and closed off if it reaches a certain DD limit. 1. Find the magic numbers the EA uses . Normally (including for martingale / grid EAs) the

30 USD

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