Market / MetaTrader 4 / Utilities /

Drawdown Protector for MT4

30 USD

Demo downloaded: 3

Published: 26 August 2025

Current version: 1.0

Drawdown Protector for MT4

Utilities
Maros Petrik
Maros Petrik
Slovakia

1321
Special broker deals for our traders
I have partnered with the best brokers to offer you better trading conditions: tighter spreads, lower commissions and faster trade execution. These improvements allow my expert advisors to perform at their best and increase your profits.
Version: 1.0
Activations: 10

Drawdown Protector EA is a comprehensive risk management and account protection system designed for MetaTrader 4. This advanced Expert Advisor provides automated monitoring and protection of your trading account through multiple safety mechanisms, profit-taking features, and time-based controls. Whether you're a day trader, swing trader, or algorithmic trader, this EA acts as your ultimate safety net and profit guardian

Core Protection Features Drawdown Protection

Max Daily Drawdown %: Automatically closes all trades when your daily losses exceed the specified percentage
Max Total Drawdown %: Protects against overall account drawdown from your highest equity peak
Real-time monitoring: Continuously tracks your account equity and calculates drawdowns
Smart calculation: Daily drawdown resets automatically at the start of each trading day

Profit Protection

Max Daily Profit %: Secures daily profits by closing all trades when target is reached
Max Total Profit %: Locks in overall profits when your total profit target is achieved
Flexible settings: Set to 0 to disable either profit limit if not needed
Profit preservation: Prevents giving back hard-earned gains during volatile market conditions

Time-Based Controls Day End Close Feature

Automatic daily closure: Closes all trades before the trading day ends
Customizable time: Set exact time (default 23:55 - 5 minutes before midnight)
Risk elimination: Removes overnight gap risk and weekend exposure
Perfect for day traders: Ensures no positions are held overnight

Delete Time Feature

Scheduled closure: Closes all trades at a specific time you define
Flexible timing: Set any time during the day (e.g., 17:00 for London close)
Multiple use cases: End trading at market close, before news events, or personal schedule
Daily reset: Automatically reactivates for the next trading day

Manual Controls One-Click Close Button

Instant access: Red button prominently displayed on your chart
Emergency closure: Immediately close all positions and pending orders
No confirmation needed: Fast execution for urgent situations
Always accessible: Button remains visible while EA is active

Alert System Multi-Channel Notifications

Email alerts: Detailed notifications sent to your email when limits are triggered
Push notifications: Instant alerts to your mobile device via MT4 app
On-screen alerts: Pop-up alerts directly in terminal
Comprehensive information: All alerts include account details, trigger reason, and current equity status

Alert Triggers

Drawdown limits exceeded
Profit targets reached
Time-based closures executed
Manual button closure performed

Advanced Features Smart Monitoring

Peak equity tracking: Automatically tracks your highest account equity for drawdown calculations
Daily reset functionality: All daily limits reset automatically at start of new trading day
Real-time calculations: Instant updates of all percentages and status
Visual status display: Comprehensive information displayed directly on your chart

Auto-Trading Controls

Trading disable option: Can automatically disable auto-trading when limits are hit
Protection persistence: Once triggered, protection remains active until new trading day
Manual override: Use the button to close trades even when auto-trading is disabled

Status Display Comprehensive Chart Information

The EA displays real-time information directly on your chart including:

Account Information:

Current equity amount
Daily starting equity
Maximum equity reached

Drawdown Status

Profit Status

Time Settings

Overall Status

Installation & Setup
1. Download and Install
2. Attach to Chart: Drag onto any chart and configure settings
3. Enable Auto-Trading: Ensure auto-trading is enabled in terminal
4. Configure Alerts: Set up email/push notifications in terminal settings
5. Start Trading: The EA immediately begins monitoring your account

more...

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Kalman Trend Filter – Professional Adaptive Trend Smoother The most accurate and mathematically optimal trend estimator for MetaTrader 4. Built on the classic Kalman Filter (optimal state estimator used in aerospace, robotics and quantitative finance), this indicator delivers a clean, adaptive trend line that reacts intelligently to market noise. Why Kalman Filter? Unlike moving averages or standard smoothers, the Kalman filter continuously estimates the “true” trend while automatically adjust

Instant, professional Telegram alerts for every MT4 trade + automatic performance reports What does the EA do? This Expert Advisor sends clean, well-formatted messages directly to your Telegram (private chat, group or channel) the moment any trade is opened or closed on your MT4 account. It also delivers optional daily, weekly and monthly performance reports. Key Features Real-time notifications for every trade OPEN and CLOSE Full trade details: direction, symbol, lot size, open/close prices, SL

40 USD

Spread Monitoring System BRIEF DESCRIPTION A spread monitoring and analysis panel that records spread data per minute, stores it without a time limit, and shows when a symbol is cheap or expensive to trade. OVERVIEW Spread is a real trading cost, and it is not constant. It widens around news releases, at rollover, during low-liquidity hours, and it varies by broker. Most traders only see the current spread number in the Market Watch window, with no record of how it behaved five minutes ago, l

69 USD

Introduction Range breakout trading is one of the most reliable strategies in forex trading, capitalizing on the natural tendency of markets to consolidate before making significant moves.RangeD Breakout takes this classic concept and enhances it with modern risk management techniques and intelligent filtering systems. Unlike many breakout strategies that focus on intraday ranges, this EA specifically targets daily ranges, which tend to be more reliable and less prone to false breakouts. The str

149 USD

Introducing Trend Sniper Pro. Its Range Breakout sýstem developer to catch daily trend of the market No Martingale, No Grid , No Averaging, No AI Live Signals - Link (FusionMarkets) FEATURES RangeFilter,Trading Hours,Take Profit,Trailing Stoploss Option to use Fixed Lots or Risk % Trading on USDJPY Note: Its very important to use RAW, ECN or Zero SPREAD accounts for best results! How to Setup: Download the EA on your MT5 terminal Open the chart M5 timeframe. Load the EA onto th

99 USD

rawdown Protector EA is a comprehensive risk management and account protection system designed for MetaTrader 5. This advanced Expert Advisor provides automated monitoring and protection of your trading account through multiple safety mechanisms, profit-taking features, and time-based controls. Whether you're a day trader, swing trader, or algorithmic trader, this EA acts as your ultimate safety net and profit guardian Core Protection Features Drawdown Protection Max Daily Drawdown %: Automatic

30 USD

Instant, professional Telegram alerts for every MT5 trade + automatic performance reports What does the EA do? This Expert Advisor sends clean, well-formatted messages directly to your Telegram (private chat, group or channel) the moment any trade is opened or closed on your MT5 account. It also delivers optional daily, weekly and monthly performance reports. Key Features Real-time notifications for every trade OPEN and CLOSE Full trade details: direction, symbol, lot size, open/close prices, S

40 USD

Volatility Weighted Cloud (VWC) – Adaptive Trend & Volatility Indicator Volatility Weighted Cloud is a next-generation adaptive indicator that combines a smooth price cloud with dynamically adjusting volatility bands and real-time trend-colored candles — giving you a clear, non-repainting picture of market direction and strength. Unlike traditional fixed-width clouds or Bollinger Bands, VWC automatically adapts its band width according to current volatility conditions using a percentile-rank

75 USD

Spread Monitoring System BRIEF DESCRIPTION A spread monitoring and analysis panel that records tick-exact spread data per minute, stores it without a time limit, and shows when a symbol is cheap or expensive to trade. OVERVIEW Spread is a real trading cost, and it is not constant. It widens around news releases, at rollover, during low-liquidity hours, and it varies by broker. Most traders only see the current spread number in the Market Watch window, with no record of how it behaved five min

69 USD

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Drawdown Protector for MT4

Maros Petrik