Good Equity guardian.
It's a must for a seriuos trader.
I like the possibility to set a Daily DD or Profit to close orders and platform.
RiskManager
The Expert Advisor is a risk manager helping users to control their trading. In the settings, it is possible to specify the parameters at which the risk manager force closes the opened trades and closes the terminal as well, if it is needed to prevent opening trades on emotions, which do not correspond to the trading strategy.
Risk Manager settings
- Check limit to close - check the equity limit
- Limit to close - equity limit that is taken into account
- Check day limit to close - check the maximum daily loss limit
- Type of limit:
- SimpleLimit - simple limit that is calculated as the maximum drawdown per day
- TrailingLimit - trailing limit that is calculated from the maximum profit per day
- Day limit to lose - the maximum daily loss limit
- Check week limit to close - check the maximum weekly loss limit
- Week limit to lose - the maximum weekly loss limit
- Check max profit per day limit - use daily profit limit
- Profit day limit to close - daily profit tot close all trades
- Check max amount of day trades - check the maximum number of trades per day
- Max amount of day trades - the maximum number of trades per day
- Check max losses per day - check the maximum number of losing trades per day
- Max amount of losses per day - the maximum number of losing trades per day
- Check max drawdown percentage per day - check the maximum daily drawdown percentage
- Max drawdown percentage per day - the maximum daily drawdown percentage
- Check max losses in a row - check the maximum number of losing trades in a row
- Max amount of losses in a row - the maximum number of losing trades in a row
- Check only orders without Magic - check only the orders that are opened without a magic number (that is often used in other EAs)
- Check max opened orders amount - check the maximum allowed number of open orders
- Max opened orders amount - the maximum allowed number of open orders
- Anti Grid - enable the protection against adding to losing positions
- Max orders in one direction of grid - the maximum allowed number of trades allowed to be added to losing trades
- Count broker's commission - take broker's commission into account
- Count Swaps - consider swaps in calculations
- Close terminal after limit overrun - close the terminal if one of the above limits is reached
- Turn on info - show the information about the risk manager settings
- Close terminal immediately - either immediate closure of the terminal after checking all the rules or closure with a minute delay
- Seconds before close - the number of seconds before the terminal closes in case of the rules violation
Reviews 1
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The free demo version is: https://www.mql5.com/en/market/product/54337 ......................................................................................................
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List of Indicator has into EA -
Avera
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⚡ MT5 Version: https://www.mql5.com/en/market/product/59765
You can use it for:
Copying your own deals through Telegram channel (via the Internet);
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EA send order’s information in MT4 to Telegram channels MT4 Telegram Signal Provider EA is The Best MT4 to Telegram Utility on the Market for anyone who wants to become a Professional Telegram Signal Provider SIMPLE, but POWERFUL and PROFESSIONAL It will send the Signals and Reports to your Telegram channels , base on your orders in Metatrader 4 program Want to send your signals to many platforms like Facebook, Twitter, Blogger, Wordpress...? No problem , let use IFTTT to connect your Tel
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Dax Scalping Bracket is a new generation Expert Advisor Panel. This a very professional tool for SCALPING. The usability makes this tool an excellent ally for FAST operations of SCALPING on Index instruments and Forex market. The main feature of this EA is the ability to open multiple operations with a single click. Each position is autonomous and you can set different take profit and stop loss for each position. Special functionalities: STOP MOVE to manage your stop chasing the price BREAK EVEN
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Ultimate No Nonsense FX Backtester - You can Run Forward Test Simulation with this tool! Do Not Download the Demo Here, Please Read Below!
Join the discord for this backtester, you can have my direct support on there.
Step by Step Manual Guide PDF for this backtester PDF List of Commands(Shortcuts) for this backtester
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Cluster analysis of volumes is now available in MetaTrader 4! The YuСlusters indicator is a professional tool for analyzing the trading volumes. The cluster graph is plotted based on tick data. There are 6 criteria of cluster generation: Time interval , the criterion is set in seconds. Price range , the criterion is set in points. The current cluster is closed when the deal price goes beyond the specified price range. In that case, the current deal is included in the current cluster, while the n
125 USD
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How the program works
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55 USD
The Expert Advisor will send notifications via Discord when orders are opened/modified/closed on your MetaTrader 4 account. Send message and screenshot to Discord group/channel . Easy to customize message. Support for all languages.
Support full Emoji. Parameters Discord url Webhook - create webhook on your Discord channel. Magic number filter - default all, or input magic number to notify with comma, like: 111,222,333.
Symbol filter - default all, or input symbol to notify with comma
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Determination of transaction risk by calculating possible profits and losses. Precise designation of TP and SL levels for each transaction. These are the basic activities that every trader of financial markets must face with. The purpose of these calculations is very simple, achieving satisfying profits from FX transactions, with a minimum of risk. This is certainly the dream of each trader. This makes it difficult for new investors to take their first steps in this market. EA Forex Trade Mana
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Trade copier for MetaTrader 4. It copies forex trades, positions, orders from any accounts. It is one of the best trade copiers MT4→MT4, MT5→MT4 for the COPYLOT MT4 version (or MT4→MT5 MT5→MT5 for the COPYLOT MT5 version). Copier version for MetaTrader 5 terminal ( МТ5→МТ5, МТ4→МТ5 )- Copylot Client MT5 The unique copying algorithm exactly copies all trades from the master account to your client account. The product is also noted for its high operation speed Tough error handling. A powerfu
60 USD
Trade Assistant is a trading panel designed for manual trading. The panel allows you to calculate risk, manage positions using the functions Trailing Stop, Trailing limit orders, closing a position in parts. And other useful features.
Key features of the panel Works with any trading instrument. Calculates the risk per trade depending on the size of the Stop loss. The panel supports market and pending Buy, Sell, Sell Stop, Buy Stop, Sell Limit, Buy Limit orders. The Lines function displays the
60 USD
Version 2021 with new Panel updated..! (Thank you users for all your great feedback!) - More Hidden killer features soon!
Enter the Risked Amount or Lot size or % of Balance (New!) Drag the RED line on the chart to fix the Stop-Loss. Drag Blue line (New!) for Limit/Stop orders automatically ! Adjust TP1, TP2 and TP3 lines You are ready to Buy/Sell > Adjust the lines even after the trade - New!
Check the user video - https://tinyurl.com/etmmt4ea
Automatic Breakeven TP1/2 | Book Part/Partial
50 USD
ISO Trend Line Pending Expert is a unique professional tool which can turn any selected Trend Line, Support Line and Resistance Line on your chart into a pending order line or Alert line with different trigger methods. With various order types including Price Touch , Price Break Out and Candle Close Break Out . The Order History feature will let you to have a quick access to all other charts which an order has been executed. It’s truly designed to help traders easily trade and manage many charts
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This is our newer and improved tool to assist you in the Elliott Wave counting, which represents an improved version of the ElliottWaveTool7pasos idea. How to Use It Start counting a new wave Start by clicking the "<>" button to indicate you want to deselect any previous wave (if applied). Set the pattern's type that you want to count (if you do not have our free Elliott Wave Font, you will see the letters instead of the pattern's icons in the Type's Section buttons: I=Impulse, D=Diagonal, Z=Zig
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This is a multi timeframe version of the Supply and Demand indicator . It allows you to analyze a chart using the law of supply and demand on three different timeframes at a time. You will see zones of sales and purchases and determine the most profitable points to open positions. The indicator is based on the principle of market fractality. Supply and demand zones show places where a strong buyer or seller has made the price reverse and change its direction. The indicator has several types of
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This indicator allows to analyze a chart using the rule of supple and demand. You will see zones of sales and purchases and determine the most profitable points to open positions. The indicator is based on the principle of market fractality. Chart zones show places where a strong buyer or seller has made the price reverse and change its direction. The indicator has several types of zones calculation. Color and type of zones displaying are set as desired. The zone width can be displayed in pips.
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Current indicator shows the trading sessions for the major financial centers: London New York Tokyo Sydney There are available two types of displaying zones: in sub window below the chart and on the chart. When the subwindow is selected, the sessions are shown in the form of bars. If the sessions are shown on the main chart, they are displayed in the form of lines at the open price of the session that may also act as a support and resistance for further price action during the trading day. The
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Multi Timeframe Indicator includes a lot of functions and can be considered as a universal helper for a trader. It's main objective is to display up to 10 indicators at a time using just one small brick per each of them. These indicators involve Awesome Oscillator, CCI, DeMarker, MACD, RSI, RVI, Stochastic, Larry Williams' Percent Range, Bulls Power and Bears Power. An important function of the indicator is an ability to monitor signals from different timeframes. You can choose different combina
30 USD
The Supply and Demand with Swap zones MTF indicator is a modified and enhanced version of the Supply and Demand Multi Timeframe Indicator indicator, which helps you to analyze a chart using the rule of supple and demand on three timeframes at a time. This version has so-called swap zones - areas which have been broken through by the price but still have power. The most significant areas of the chart are "overlaps" where new supply/demand and swap zones are formed. The indicator supports several
69 USD
Supertrend is an indicator showing the current trend direction on the selected instrument. There are two built-in indicators used to define the current trend and the user can define which one of them to use in the settings: Average True Range Standard Deviation Period of the above indicators can be adjusted and should be lined up according to the traded instrument. It is possible to choose to which price (Close, High, Low, Open, Weighted) it is required to apply the price. By default the Typica
30 USD
The Swaps Indicator allows to monitor the swap rates of desired instruments in one place. There are several ways to choose the instruments list for the indicator: Select instruments from Market Watch Select all instruments Select instruments from the manually adjusted list All the setings color settings are adjustable in the indicator: you can set color for headers, for symbol names, for positive and negative swaps. There is also an ability to adjust the distance between the rows, columns and st
30 USD
Currency strength indicator is an outstanding tool that is offering users multiple features to easily and professionally define the weak and strong currency pairs. Among the main benefits there is an ability to select up to 10 currencies for monitoring. The currencies are not limited so it is possible to watch after not only fiat currencies like EUR, USD, JPY or others but crypto like BTC, ETH and more. So-called exotic currencies like NOK, SGD, TRY are also available. By default the indicator t
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Version 1.61
2020.07.25
Fixed issue with displaying of invalid max tagged equity
Version 1.60
2020.01.04
Minor bug improvements
Version 1.59
2019.06.28
1. Fixed bug with calculation of daily losses in a row
Version 1.58
2018.02.13
1. Added the maximum profit per day for the Risk Manager to close positions
2. Added protections against "additions" against the trend (Anti-grid)
3. Added control of the maximum drawdown per week
2. Added protections against "additions" against the trend (Anti-grid)
3. Added control of the maximum drawdown per week
Version 1.57
2017.02.27
Fixed issue with TrailingLimit.
When RiskManager is attached on a chart, the information in the upper left corner is displayed immediately and not only after the first tick is received.
When RiskManager is attached on a chart, the information in the upper left corner is displayed immediately and not only after the first tick is received.
Version 1.55
2016.08.17
Added time in seconds that could be adjusted by user and is counted before the terminal close in case of rules violation
Added option of swaps calculation for positions
Added the display of current drawdown in percentage in Comment section
Added option of swaps calculation for positions
Added the display of current drawdown in percentage in Comment section
Version 1.50
2016.08.01
Prices are now normalized in the functions of closing trades
An option of 1 minute delay before terminal close was added
An option of 1 minute delay before terminal close was added
Version 1.45
2016.05.17
Added check for exceeding the drawdown percentage
Added check for exceeding the number of simultaneously opened orders
Added check for exceeding the number of simultaneously opened orders
Version 1.35
2015.10.05
Implemented commission calculations into each limit check
Added additional info about the current state of limit
Fixed few bugs
Added additional info about the current state of limit
Fixed few bugs
Good Equity guardian.
It's a must for a seriuos trader.
I like the possibility to set a Daily DD or Profit to close orders and platform.