Limiter Drawdown

Limiter Drawdown EA – Automatic Account Protection for MetaTrader 5

Description
Limiter Drawdown EA is a lightweight risk management tool for MetaTrader 5.
It monitors your account drawdown in real time and will automatically close all open trades once the threshold you define is reached. This provides a reliable safeguard for any trading strategy.

Main Functions

  • Monitors equity versus balance continuously

  • Closes all positions when your chosen drawdown percentage is reached

  • Optionally removes pending orders to avoid re-entries

  • Optional cooldown period before allowing new trades

  • Displays the current drawdown and your threshold on the chart

Key Features

  • User-defined drawdown limit (for example 10%)

  • Immediate closure of all trades when the limit is hit

  • Pending order removal (optional)

  • Multiple close attempts for reliability in volatile markets

  • Configurable cooldown after all trades are closed

  • Clear on-chart information

  • Stable, lightweight, compatible with any strategy or other Expert Advisors

How to Use

  1. Attach the EA to any chart in MetaTrader 5 (symbol and timeframe do not matter).

  2. Set the parameter Drawdown Threshold (%) to your desired level.

  3. (Optional) Enable Delete Pending Orders.

  4. (Optional) Define a Cooldown Period after closure.

  5. Leave the EA running in the background – it will monitor and protect your account automatically.

Why Use It
Unexpected market moves or a series of losses can quickly lead to large drawdowns.
Limiter Drawdown EA enforces your maximum loss limit automatically, helping you to protect your capital and maintain trading discipline.

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TICK STACK LTD
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XAU Momentum — Trend-Aligned Gold Breakout EA Live Performance All Tick Stack Signals can be found on our website or by following the link below. See images below for more information.  https://www.mql5.com/en/blogs/post/773500 Launch Offer:   Grab XAU Momentum now at the lowest price it'll ever be. Bundle it with   Gold Neural Core   and get 2 free EAs of your choice from my entire MQL5 store. DM me for details. Two copies left at current price - next price = 298$ How to use: Load on XAUUSD
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XT Bitcoin Robot is an advanced  automated trading system  designed specifically for  BTCUSD traders  who want to take advantage of Bitcoin's market volatility without the need for constant market monitoring. The robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic, helping traders stay active in the market 24 hours a day without manual intervention. The system is designed to identify trading opportunities and manage positions accor
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