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Equity Drawdown Monitor mt4

1

This is a simple mt4 advisor that monitors the drawdown levels

Features:

  • Easy to use
  • Useful for money managers

How to Use 

  • Load the EA once a single chart
  • Type the maximum drawdown desired in inputs
  • Leave the EA alone and never close that chart
The EA monitors all trades and magic numbers in your account.


Input Parameter

  • Drawdown Percent: Maximum drawdown in percentage terms allowable in the account. When the drawdown level is surpassed, the EA will close all trades and delete all pending orders, close all charts to prevent EAs from further trading.

Author

Julius Mwangi Maina, private investor and speculator, software engineer and founder of Legendary Performance Products.




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TakePropips TradePad Pro enthält einen leistungsstarken Handelsmanager, Währungsstärkemesser, Kontoberichtstools, Risikomanagementtools und mehr! Es ist einer der fortschrittlichsten Forex-Handelsmanager und Handelsassistenten, denen Sie jemals begegnen werden! Es ist die perfekte Lösung für Händler, die Handelstransaktionen effizienter verwalten möchten. Sie können das Benutzerhandbuch in unserem Blogbeitrag herunterladen:   https://www.mql5.com/en/blogs/post/751180 Sie können dieses Handelss
StarseedFX Smart Trading Tool
Mohamed Elsayed
4.91 (22)
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
[跟单系统] T he most friendly Copier interactive interface, the most abundant easy-to-use functions, and the best Copy solution.    EASY   : Easy to use, load and select the Master or SLAVE to use easily  FAST:   Quickly copy orders, algorithmic optimal follow-up mechanism, priority calculation of new signals, priority queue processing received special signals Multiple:   1. Support multiple signals to be sent at the same time, multiple accounts can select multiple accounts to copy at the same time
Weitere Produkte dieses Autors
EQUITY DRAWDOWN MONITOR   This is a simple mt5 advisor that monitors the drawdon levels Features: Easy to use Useful for money managers How to Use  Load the EA once a single chart Type the maximum drawdown desired in inputs Leave the EA alone and never close that chart The EA monitors all trades and magic numbers in your account. Input Parameter Drawdown Percent:   Maximum drawdown in percentage terms allowable in the account. When the drawdown level is surpassed, the EA will close all tra
Auswahl:
Sameer Haque
488
Sameer Haque 2022.08.15 05:43 
 

Doesn't work as expected instead it closed all trades and charts.

Julius Mwangi Maina
398
Antwort vom Entwickler Julius Mwangi Maina 2022.09.06 22:00
Hello Sameer. Yes it is true that the EA is coded to close all trades and charts once a certain drawdown in the account balance is met. Its good you rented it for a month to learn how it works first before using it.
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