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Haidar, Lionel Haj Ali  

Hello,

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Happy trading!

Haidar, Lionel Haj Ali  
krzys1973 #:
Why didn't it work? It was set to -720 It didn't work.

Hello,

I can see that you had a sudden move in price that could be a result of slippage, but the screen shot doesn't help me answer correctly.

Can you send me the expert logs? I will contact you in private. 

Regards 

Lio

jmeldrum  

Can you help me understand how this number is calculated?  I watched your video but this number is not adding up. See screenshot.  This is saying I have a 7.50% Daily DrawDown, but clearly by doing the math I am less that 1% for the drawdown.  Why is this showing 7.5%?


 

Haidar, Lionel Haj Ali  
jmeldrum #:

Can you help me understand how this number is calculated?  I watched your video but this number is not adding up. See screenshot.  This is saying I have a 7.50% Daily DrawDown, but clearly by doing the math I am less that 1% for the drawdown.  Why is this showing 7.5%?


 

Hi

Thanks for your comment. 

I'll go ahead and explain it to you with the examples you have shared. Let us take the first picture as an example:
Starting Balance is 100000, Max Daily DrawDown is 4%, Max Daily DrawDown amount is -4000.

Your current P/L is -297.41. The calculation afterward is done as follows: (-297.41/-4000) * 100 = 7.5%
The 8 is shown in the traffic light is a rounded to value and the percentage. 

So the idea in the shown number is how much you have consumed from your current acceptable drawdown.

Hope I answered your question, and don't hesitate if you need any other clarifications or suggestions, I am more than happy to help. 

Lio
ccyt  
Why it don't work now now? I purchased and installed earlier on 14 March this year. Please help and email me: ccyt@ymail.com
Haidar, Lionel Haj Ali  
ccyt #:
Why it don't work now now? I purchased and installed earlier on 14 March this year. Please help and email me: ccyt@ymail.com
Hi

Will reach out in private message on mql5 to understand more the situation.

Regards 
Wayfarer3x  
I purchased this app 2 months ago and I am still unable to install it. MQL5 Helpdesk is absolutely useless in helping to resolve this issue. I will now ask my bank to reverse the payment.
Haidar, Lionel Haj Ali  
Wayfarer3x #:
I purchased this app 2 months ago and I am still unable to install it. MQL5 Helpdesk is absolutely useless in helping to resolve this issue. I will now ask my bank to reverse the payment.
Hi

I think I said enough in the reply on your review, I sent you a message privately to understand better.

Lio
Halisson Henrique De La Rosa Born  
Hello friend, I would like help with configuration, for example reaching the daily DD of 4% CLOSE open orders immediately, in the settings I did not find this option, but in minutes.
Haidar, Lionel Haj Ali  
Halisson Henrique De La Rosa Born #:
Hello friend, I would like help with configuration, for example reaching the daily DD of 4% CLOSE open orders immediately, in the settings I did not find this option, but in minutes.

Hi, 

Thanks for reaching out, 

What you are asking for is the basic feature this EA is created for :), you have two type of drawdown that you can track. 

In red, related to the overall account drawdown. 

In blue, related to daily drawdown. 

So, in your case, for example, if you have an account of 10K and on 4% DD, you want to close everything; just copy the configuration highlighted in bleu.

I also highly recommend that you review the user guide, as it has all the necessary information for you to get started.  DrawDown Limiter User Guide

Any question you have, just let me know i am here to help.



Michael Hofer  
Hello, bought the expert and testing it, the total drawdown went red today (as it should based on the settings) and nothing happened, the trade is still open? How can i set it up to close out the trades once the drawdown is reached?
Haidar, Lionel Haj Ali  
H M #:
Hello, bought the expert and testing it, the total drawdown went red today (as it should based on the settings) and nothing happened, the trade is still open? How can i set it up to close out the trades once the drawdown is reached?
Hi,

Do you have the algo trading enabled?
And do you have errors in the expert and journal tab?

Reach me out on the mql5 messenger with more details so I can help you with the configuration.

Lio
gul110  

I installed the EA but it doesn't work, not showing the traffic lights on the side and also not putting any trades even i rented a vps as well.


Haidar, Lionel Haj Ali  
gul110 #:

I installed the EA but it doesn't work, not showing the traffic lights on the side and also not putting any trades even i rented a vps as well.


Hello, 

Thanks for reaching us, 

As I can see in the screenshot you shared, the traffic light is there.

I guess you didn't read the description of the tool, but this utility will never take a trade! It is a drawdown limiter, as per the description and the user guide that you can find here it helps controlling the drawdown.

Drawdown limiter will monitor your trades and equity and when you are reaching a certain threshold, the EA help you preserve your challenge or your account by automatically closing the trades. 

I hope my answers clarified the question you are asking for. 


 

gul110  

 So you mean it doesn't not trade on my behalf like the other EA Bots, i just trade myself and it just control to prevent my account for blowing. 

Then it means that it doesn't need vps as well?

So you mean it doesn't not trade on my behalf like the other EA Bots, i just trade myself and it just control to prevent my account for blowing. 

Then it means that it doesn't need vps as well?


Haidar, Lionel Haj Ali  
gul110 #:

So you mean it doesn't not trade on my behalf like the other EA Bots, i just trade myself and it just control to prevent my account for blowing. 

Then it means that it doesn't need vps as well?


Hi, 

Yes Drawdown limiter is an utility and not an expert advisor so it does not take trades.

If you trade manually then you may noy need a VPS. But Drawdown limiter is more efficient to let it run on your account when you are not around your PC, and a VpS allow the later.

Lio
Chou Hei Leong  

I noticed that when running DrawDown Limiter EA on MetaQuote VPS, sometimes it disappears from the chart where I originally attached it in my local terminal (DESKTOP NOT  MetaQuote VPS ).

I'd like to know if this EA can be used on different trading accounts ( I have 2 prop firm accounts) simultaneously?

What could be causing the EA to disappear from my charts in my local terminal?

Haidar, Lionel Haj Ali  
Chou Hei Leong #:

I noticed that when running DrawDown Limiter EA on MetaQuote VPS, sometimes it disappears from the chart where I originally attached it in my local terminal (DESKTOP NOT  MetaQuote VPS ).

I'd like to know if this EA can be used on different trading accounts ( I have 2 prop firm accounts) simultaneously?

What could be causing the EA to disappear from my charts in my local terminal?

Hi,

Thanks for reaching out. 

Concerning using the EA on different accounts simultaneously, yes, this is feasible. Each account needs to run in a terminal and attach the EA to it. 

As for the EA disappearing, I have little knowledge how MetaQuote VPS works, but you should have in the experts tab or journal tab some errors that would explain the issue, can you check and revert in private message to help you out on this?

Lio

Jing2017  
Good afternoon, I just bought your EA, and send to a PM, 
Nur Nutzer, die das Produkt gekauft oder gemietet haben, können Kommentare hinterlassen
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