Account Equity Stop Code Needed

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Hi,

I want my E.A to stop if my equty drops a fixed percent comparing the starting balance.

How can I do that? If you provide me such a code that would be better...

 
ataba:

Hi,

I want my E.A to stop if my equty drops a fixed percent comparing the starting balance.

How can I do that? If you provide me such a code that would be better...

When the EA is initialized, at the "init" func, initialize a variable to your starting equity :


int init()

{

startingEquity=AccountEquity();

....

}


Then, in the "start" func you should always check the current equity like so:


currentEquity = AccountEquity();

if (currentEquity <= ((100-maxDD%)/100)*startingEquity)

don't trade


or actually use the opposite :


if (currentEquity > ((100-maxDD%)/100)*startingEquity)

allowed to trade


This will of course only work provided that you have no disconnections, or power failures.

As we all know, there's no such thing, so this actual code won't really work.

If you want something more robust, you'll need to use the "file functions" and read your "starting equity"

from there. You'll need to do it in the "start" function as well.

This is more complicated, but you get the idea.

 
TuTBaluT:

When the EA is initialized, at the "init" func, initialize a variable to your starting equity :


int init()

{

startingEquity=AccountEquity();

....

}


Then, in the "start" func you should always check the current equity like so:


currentEquity = AccountEquity();

if (currentEquity <= ((100-maxDD%)/100)*startingEquity)

don't trade


or actually use the opposite :


if (currentEquity > ((100-maxDD%)/100)*startingEquity)

allowed to trade


This will of course only work provided that you have no disconnections, or power failures.

As we all know, there's no such thing, so this actual code won't really work.

If you want something more robust, you'll need to use the "file functions" and read your "starting equity"

from there. You'll need to do it in the "start" function as well.

This is more complicated, but you get the idea.


Thanks!

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