Global Moneymanagement

[Joko]

Hi,

Is there any tool/EA for MQL5 which controls Equity and Drawdown for all EAs in use?

For example if I want to close all open trades and stop algo trading (for all EAs) once Drawdown is above certain level (in amount or %).

Thanks

[Fernando Carreiro]

Joko: Is there any tool/EA for MQL5 which controls Equity and Drawdown for all EAs in use? For example if I want to close all open trades and stop algo trading (for all EAs) once Drawdown is above certain level (in amount or %).

There are some tools for closing all trades when a certain condition is met.

As for disabling the auto-trading, they exist but will probably not be found in the CodeBase or Market because they need to use DLL calls which are not allowed in those sections.