EA for no more trades if risk of open trades is above a threshold
ckm Forex: Is there an existing EA that will not allow opening new trades if the risk of existing and new trades goes above a threshold level. If there is a already a robot for this, then good.
No! It is not possible for an EA to prevent a trader from placing trades.
It is also very difficult for an EA to prevent other EAs from placing trades, except by disabling the "Algo Trading" via a DLL call which will disable all EAs.
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Hi,
Is there an existing EA that will not allow opening new trades if the risk of existing and new trades goes above a threshold level.
If there is a already a robot for this, then good.
Thanks
ckm