Equity Protection

 

Hello!

I am looking for a utility that will close losing trades at a set level - for example 'Close all losing trades if DD is % or $ of equity'

Any Ideas please?

Thank you

Tim

 

Start with if ( AccountInfoDouble(ACCOUNT_EQUITY) < 0.5*AccountInfoDouble(ACCOUNT_BALANCE) {...} // if the %-DD is 50%.

and in the brackets put something you can find in the CodeBase: https://www.mql5.com/en/search#!keyword=claose%20all&module=mql5_module_codebase.

Reason: