Market / MetaTrader 5 / Utilities /

EmoGuardian

63 USD

Demo downloaded: 9

Published: 16 August 2023

Current version: 1.3

EmoGuardian

Item: EmoGuardian
Rating: 5
Author: srfinviz

Utilities
Samuel Bandi Roccatello
Version: 1.3
Updated: 26 September 2023
Activations: 20

EmoGuardian helps you manage your emotions and avoid impulsive trading. It can also be used to impose limits on the trading operations taken by EAs.

Attention: since this EA is a utility, it won't work on the strategy tester.

Complete, detailed manual at this link: https://www.mql5.com/en/blogs/post/753194

DAILY LIMITS:

Set a minimum equity level in the account currency
Set a maximum equity level in the account currency
Set a max loss per day in currency
Set a max gain per day in currency
Set a max loss per day in percentage
Set a max gain per day in percentage
Customize when the day starts

POSITIONS LIMITS

Define a max open volume per position
define a max daily volume
Limi the number of open lots opened at the same time
Define the max. number of trades per day
Impose a maximum number of consecutive losers
Impose a max. open risk per trade
Impose a max. open risk per symbol

TIME RANGE

Define up to 3 different time ranges. For each time range you can impose:

a max loss in the account currency
a max number of trades
a break after a limit is hit, during the break trade won't be allowed

Finally the Emo-Guardian allows also to create signature trades that will be interpreted as emergency signals. This will allow you to close all positions and kill all EA from your mobile, even if you run the EA on a VPS server.

Emo-Guardian is an ongoing project that will grow over time and provide more and more options to manage risk according to your needs. Customers requests and feedbacks will be highly considered and will result in implementations of more features to the EA.

more...

srfinviz 2023.09.25 17:30 #

Good EA, it helps take emotions out of trading. Good seller, always open to feedbacks and respond promptly.

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Filter:

srfinviz 2023.09.25 17:30 #

Good EA, it helps take emotions out of trading. Good seller, always open to feedbacks and respond promptly.

Version 1.3 2023.09.26

The new version prevent installing multiple instances of EmoGuardian on the same mt5 platform. This would result in conflicts.
If you need to use multiple Emoguardians on the same account, you can do so by using multiple installations of the MT5 platform and install one EmoGuardian for each platform.

Version 1.2 2023.09.25

Minor bug fixed: in the "Time Ranges" tab the max n. of trades could not be set to zero. Now this is possible, if max n. of trades in a given time range is zero, after one trade all position will be flattened.

Description quality and completeness		4
Reliability and usability		5
User support		4