Script/EA to disable automatic trading and close all open trades, with equity drawdown trigger.

MQL4 Indicators Experts

Job finished

Execution time 5 hours
Feedback from employee
Thanks for the job, it is nice to work with you!
Feedback from customer
Great job, and great communication. Exacting work and attention to detail. Highly recommended.

Specification

I'm wondering if it's possible to make a tool which, when equity drops below either a certain value, or beyond a certain % drawdown, then automatic trading could be disabled and all open trades closed as quickly as possible?

I'm using EA's, and they are making the trades, so it would be good to have a tool which would essentially override these robots, by turning off automatic trading in MT4, and then closing all the open trades.

 

(To re-enable the system after such an event, it should only be necessary to re-enable automatic trading manually, in MT4).

 

Thank you for letting me know if you could make it.

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Project information

Budget
10 - 15 USD
Deadline
from 1 to 5 day(s)