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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Farzad Saadatinia
5 (3)
Experts
SixtyNine EA – A Gold Expert Advisor for MetaTrader 5, featuring 6 integrated strategy layers, predefined Stop Loss on every trade, and a clean trading structure without Martingale, Recovery systems, or Grid trading. Public Live Signal: $500 Start, Fixed 0.02 Lot, 500%+ Growth, 20 Weeks Live The public live signal is the central proof point of SixtyNine EA . The account started with a $500 balance , used a fixed 0.02 lot size per trade , and has been active for more than 20 weeks of live tradin
Wave Rider EA MT5
Adam Hrncir
4.88 (43)
Experts
Scalper speed with sniper entries. Built for Gold. Wave Rider 5.0 is out (see  Announcement ) $499  until Signal reaches 150% - then 599 USD Check the Live signal  or Manual  or  Broker performance Version 5.0 upgrade notice: Close all Wave Rider positions before updating. Strategy Magic Numbers and several input names changed. Review your settings and save a new preset because older sets or templates may not restore every option. New version runs best on VT Markets, Vantage, Blackbull, Fusion,
Chiroptera
Rob Josephus Maria Janssen
4.57 (46)
Experts
Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
Quantum Bitcoin EA
Bogdan Ion Puscasu
4.77 (128)
Experts
Quantum Bitcoin EA : There is no such thing as impossible, it's only a matter of figuring out how to do it! Step into the future of Bitcoin trading with Quantum Bitcoin EA , the latest masterpiece from one of the top MQL5 sellers. Designed for traders who demand performance, precision, and stability, Quantum Bitcoin redefines what's possible in the volatile world of cryptocurrency. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup i
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Limiter Drawdown App
Alain Bleeksma
Utilities
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
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