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Multi Strategy Drawdown Monitor MT4

30 USD

Demo downloaded: 1

Published: 28 March 2026

Current version: 2.0

Multi Strategy Drawdown Monitor MT4

Utilities
Omar Abo Hatab
Omar Abo Hatab
Italy

514
- https://ondotrade.com
1 comment
Version: 2.0
Activations: 5

Multi-Strategy Drawdown Monitor is a tool for monitoring and controlling multiple trading strategies on a single MT4 account.

It does not trade.
It analyzes your existing EAs using Magic Numbers and gives you full control over drawdown, performance, and reporting.

3 Main Actions

1. Drawdown Alert System (Automatic)

· Continuously monitors each strategy

· Calculates real drawdown (peak-to-valley)

· When a strategy exceeds its Max Drawdown (account currency):

o An alert is triggered

o A full email report is automatically sent

o The triggered strategy is clearly highlighted

2. Manual Report (On-Demand)

· Generate a full email report anytime using the on-chart button

· Instant snapshot of all strategies’ performance

3. Monthly & Cumulative Reports (Automatic)

· Sent automatically at the start of each new month

· Includes:

o Monthly Report → previous month performance only

o Cumulative Report → performance from each strategy start date up to the end of the previous month

Email Reports (Always Included)

All reports, automatic or manual, are sent in both formats:

· Text (CSV-style) → for Excel or data processing

· HTML (formatted table) → for easy reading

Metrics Provided (Per Strategy)

· Drawdown (account currency)

· Max Drawdown threshold

· Net Profit

· Wins / Losses

· Win Rate (%)

· Total Trades

· Consecutive win/loss series

How to Use

1. Set the Check Interval

· CheckIntervalSeconds → defines how often it checks drawdown and performance

· Minimum: 60 seconds

· Recommended: 300–3600 seconds or higher, depending on trading activity and account load

2. Configure Your Strategies
For each strategy slot (S01 → S50), set:

· Name → any label (e.g. “Scalper EURUSD”)

· Magic Number → must match your EA

· Start Date (optional) → format: YYYY.MM.DD

o If empty → all history is used

· Max Drawdown (account currency)

o If 0 → monitoring disabled

⚠️ A strategy is active only if Name AND Magic Number are set

3. Attach EA to Chart

· Works on any chart / timeframe

· Make sure:

o AutoTrading is enabled

o Email settings in MT4 are configured

Reports Overview

It generates three types of reports:

· Drawdown Alert Report → triggered when DD is exceeded

· Manual Report → generated via button

· Monthly & Cumulative Reports → sent automatically each month

At the start of each new month, the EA sends:

· Monthly Report (Text + HTML)

· Cumulative Report (Text + HTML)

Report Color Legend

· Green → Profitable strategy

· Red → Losing strategy

· Yellow → Strategy that exceeded drawdown threshold

· White → No trades have been triggered yet

Key Features

✔ Multi-strategy monitoring via Magic Number
✔ Individual start date per strategy
✔ Configurable drawdown limits
✔ Smart alert system (no repeated alerts for same DD level)
✔ Accurate drawdown calculation
✔ Lightweight and efficient (timer-based)
✔ Works with any Expert Advisor
✔ Extremely easy to use

more...

Screenshot #1 Multi Strategy Drawdown Monitor MT4

Screenshot #2 Multi Strategy Drawdown Monitor MT4

Screenshot #3 Multi Strategy Drawdown Monitor MT4

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Multi Strategy Drawdown Monitor MT4

Omar Abo Hatab