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Daily Drawdown Limit EA Prop Firm trading MT4

Demo heruntergeladen: 13

Veröffentlicht: 26 November 2022

Aktuelle Version: 1.0

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Daily Drawdown Limit EA Prop Firm trading MT4

Item: Daily Drawdown Limit EA Prop Firm trading MT4
Author: Alexandre Henrique Vassoler

Utilitys
Mathieu, Frede Alfaro
Version: 1.0
Aktivierungen: 5

If you found this EA, it's probably because you want to get a funded account with a prop firm, but you see a rule that most of traders fear : Maximum Daily Drawdown.

I've been through this problem myself as I'm a prop firm trader and I've made a bot to solve this rule, and you can get it to solve this problem too.

How does it work ?

When you first setup this EA, you need to input the initial deposit which corresponds to the size of your funded account. For exemple if you get a 10k$ funded account, you input 10k.
Then, you input the maximum daily drawdown. In most prop firms, the daily drawdown is 5%, but to have a little margin you can input 4,8%. This means that the bot will stop any trades if you lose 480$ in a day. This value never changes as the calculation is not made with your balance, it is made with the initial deposit because most prop firms work that way.
When a trade opens, it will automatically display your daily profit/loss.
It will automatically close every position if your daily drawdown EQUITY reaches the amount you've set up before.
If a position opens it will directly close it and this will be the case until 11PM CEST.
When we go past this time, the daily profit/loss comes back to 0 and it can start trading again by accepting new positions.

This EA is perfect for those who do copy trading or EA trading with a prop firm because it will follow the rules the prop firm wants you to follow.

If you have any questions about it you can contact me. I answer in the day !

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Daily Drawdown Limit EA Prop Firm trading MT4

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Drawdown Limit EA Prop Firm trading MT5 If you found this EA, it's probably because you want to get a funded account with a prop firm, but you see a rule that most of traders fear : Maximum Daily Drawdown. I've been through this problem myself as I'm a prop firm trader and I've made a bot to solve this rule, and you can get it to solve this problem too. How does it work ? When you first setup this EA, you need to input the initial deposit which corresponds to the size of your funded accoun

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Proportional Trade Correction Prop Firm trading MT5 If you found this EA, it's probably because you're in a really specific situation. Here are the conditions if you want to use this EA correctly : - You want to be a prop firm trader. - You want to use signals from MLQ5 market. - You want your trades to be proportional to the signal provider. If you're smart and you want to leverage your money thanks to prop firm trading without knowing how to trade, here's what you may think : "I will get

50 USD

Do you know what is The Blue Ocean Strategy ? It is when an entrepreneur goes on a brand new market with no concurrence because nobody knows about it. This way, the entrepreneur is in a situation of monopoly and can enjoy this situation as long as nobody comes into the market. And you know what ? This situation is reproducible in bot trading thanks to the Blue Ocean Strategy EA MT5. I’m a prop firm trader and I use it myself to make all my trades. After many years of use, a friend told m

60 USD

Auswahl:

772

Alexandre Henrique Vassoler 2022.12.02 02:09 #

Der Benutzer hat keinen Kommentar hinterlassen

478

Antwort vom Entwickler Mathieu, Frede Alfaro 2022.12.02 09:32 #

Hello Alexandre ! 1- If the data still appears on your screen and you don't have the EA attached anymore, can you try deleting the chart and opening it back ? It should delete the data from the screen. 2- If it's not resetting when the new balance is entered, can you try detaching the EA and attaching it back to the chart ? Don't worry, the balance Is updated automatically while you trade !
Hope I answered you question well ! Don't hesitate to come back to me.