Foxnex Multi Symbol Equity Protection System
- Utilities
- Version: 1.0
- Activations: 10
Advanced Multi-Symbol Equity Protection & Hybrid Stops System
Overview
Professional-grade equity protection system designed for traders managing multiple currency pairs simultaneously. Features both individual symbol controls and master account-wide protection mechanisms.
Key Features
🎯 Hybrid Take Profit System
- **Fixed TP:** Set specific profit targets per symbol
- **Trailing TP:** Dynamic profit protection that follows price
- **Hybrid Mode:** Combines both methods for optimal results
🛡️ Multi-Layer Protection
- **Individual Symbol Controls:** Manage risk per currency pair
- **Master Account Protection:** Overall portfolio safeguards
- **Percentage & Dollar-Based Stops:** Flexible risk management options
🔍 Smart Symbol Detection
- **Auto-Detection Mode:** Automatically monitors symbols with open positions
- **Manual Configuration:** Specify exact symbols to monitor
- **Real-Time Adaptation:** Adjusts to your trading activity
📊 Comprehensive Dashboard
- Live profit/loss tracking per symbol
- Cumulative P&L history
- Distance to take profit/stop loss levels
- Master account status overview
Trading Strategy
This EA implements a sophisticated trailing stop mechanism that:
1. Monitors multiple symbols simultaneously
2. Activates individual trailing stops when profit thresholds are reached
3. Maintains master-level controls for overall account protection
4. Preserves profits while allowing for continued upside potential
Risk Management Features
- **Individual Symbol SL:** Percentage or fixed dollar stop losses per pair
- **Master Hard Stop:** Account-wide emergency stops
- **Profit Trailing:** Locks in gains while positions remain profitable
- **Cumulative Tracking:** Maintains P&L history across EA restarts
Usage Instructions
1. **Setup:** Install on any chart (works from single chart for all symbols)
2. **Configuration:** Set individual and master parameters according to your risk tolerance
3. **Symbol Selection:** Leave SymbolList empty for auto-detection or specify symbols manually
4. **Monitoring:** Use the detailed dashboard to track all activities
Recommended Settings
- **Conservative:** Individual TP: $100, Trailing: $50, Master Hard Stop: 15%
- **Moderate:** Individual TP: $200, Trailing: $75, Master Hard Stop: 20%
- **Aggressive:** Individual TP: $300, Trailing: $100, Master Hard Stop: 25%
Requirements
- MT5 platform
- Stable internet connection for real-time monitoring
Important Notes
- This EA focuses on PROTECTION, not signal generation
- Works with any trading strategy or manual trading
- Works in conjunction with other EA’s
- Does not open new positions - only track and monitor after positions are opened either manually or by other trading EAs including managing existing ones
- Suitable for all types of trading styles including and not limited to scalping, swing trading, and position trading
