Maximum DrawDown ?

[Johnny]

Hi,

i am working on an ea, example i would like to set the Drawdown to cercent persent, then all trade close and take loss ?

can any one please give me some hint or sample code..

Thanlks

[Pilot65]

Sum up profits of all orders, compare to balance, and close all if...

You might use part of this code:

//----------- TakeProfit ------------------------------
void TakeProfit()
{//If the sum profit of all orders in one direction meets the profit target: Close all orders in that direction
   double Profit, SumBuyProfit, SumSellProfit;
   double ProfitTarget;//=(AutoLot()*(100+(Ask-Bid)/Point));   
   if(AutomaticProfitTarget)ProfitTarget=(AutoLot()*(100+(Ask-Bid)/Point));
   double LowestBuy = 999, HighestBuy = 0.0001;
   for (int Order = OrdersTotal() - 1; Order >= 0; Order--)//Run trough all open orders and sum up their profits
      {
      OrderSelect(Order, SELECT_BY_POS, MODE_TRADES);
      if (OrderSymbol() == Symbol() && OrderMagicNumber() == MagicNumber)
         {
         Profit = OrderProfit() + OrderSwap() + OrderCommission();//Sum of the order's profit and expences
         if (OrderType() == OP_BUY) SumBuyProfit  = SumBuyProfit  + Profit;//Sum up long profits
         if (OrderType() == OP_SELL) SumSellProfit = SumSellProfit + Profit;//Sum up short profits
         }
      }
   if(SumBuyProfit  >= ProfitTarget) CloseAllBuyProfit();//Close ALL long orders
   if(SumSellProfit >= ProfitTarget) CloseAllSellProfit();//Close ALL short orders
return (0);
}
//-----------------------------------------------------