Extra file that I can use to close positions automatically if it meets percentage pull back of the initial drawdown.
MQL4
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Integration
OpenCL
Statistics and mathematics
ALGLIB
Panels and dialog boxes
Custom graphics
Trading robot/indicator debugging
Strategy optimization
Strategy modules
Collection of data on the internet
Uploading data to a website
Java
JavaScript
PHP
PostgreSQL
Python
Forex
Futures
Options
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Execution time 1 day
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Specification
Extra file that can control my ea drawdown what I need is let the file monitor the drawdown in the mt4 once the drawdown is upto -$200 above then the ea will monitor when the market pull back and the -$200 drops by 45% that’s 45% of $200 is $90 once it pull back from the -$200 to -$90 let the Maneger ea automatically close all positions in the mt4 and switch off the mt4 live trade till next day before it can activate mt4 live trade for the ea to start its trade again and option of if the trend didn’t pull back to certain percentage and moved-$600 let the file close all trade the ea opened in that mt4 and off live trade till next day before live trade will come up again.
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