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EquityCutter

59.99 USD

Published: 3 June 2026

Current version: 1.0

EquityCutter

Name: EquityCutter
Price: 59.99 USD
Author: Alexandre Jean Besnard

Utilities
Alexandre Jean Besnard
Alexandre Jean Besnard
Brazil

575
1 topic 2 comments
Version: 1.0
Activations: 7

EquityCutter v3.10 — Technical Specification

Overview

EquityCutter is an automated account protection Expert Advisor for MetaTrader 5 (MQL5). It provides a real-time graphical control panel with multi-layered equity protection, a global kill engine

Protection Engine ( OnTimer — 1-second cycle)

Four independent triggers, each armed/disarmed via toggle buttons:

Table

Trigger	Condition	Action
Equity SL	Equity ≤ threshold	Kill all
Equity TP	Equity ≥ threshold	Kill all
% SL	(Equity-Balance)/Balance ≤ -threshold%	Kill all
% TP	(Equity-Balance)/Balance ≥ +threshold%	Kill all

All thresholds are user-editable in real-time via OBJ_EDIT fields.

Kill Engine ( StartKillSequence )

Multi-pass closure with configurable delay ( inp_KillDelay , default 5s) and max attempts ( inp_MaxKillPasses , default 10)
Closes all positions across all magic numbers and all symbols
Deletes all pending orders across the entire account
Uses CTrade::PositionClose() and CTrade::OrderDelete() with per-symbol filling mode detection ( GetFillingModeForSymbol )
Idempotent: repeats until account is flat or max passes reached
Post-kill: auto-disarms all protections to prevent re-trigger loops

Key Design Decisions

No magic number filtering — global scope by intention
No external dependencies — single-file, self-contained (only #include <Trade\Trade.mqh> )
No OnTick logic — prevents CPU load during high-frequency ticks
State journaling — all triggers and failures logged via Print() with ★EquityCutter★ prefix for grep/filtering

Input Parameters

Table

Parameter	Type	Default	Description
inp_EquitySL_Default	double	0	Default equity stop-loss ($)
inp_EquityTP_Default	double	0	Default equity take-profit ($)
inp_PctSL_Default	double	0	Default % stop-loss
inp_PctTP_Default	double	0	Default % take-profit
inp_KillDelay	int	5	Seconds between kill passes
inp_MaxKillPasses	int	10	Safety cap on closure attempts
inp_PanelX / inp_PanelY	int	10 / 25	Panel screen position
inp_MaxSystems	int	8	Max rows in positions table

Copyright: ★BotManager© Alex JPJ B★
Version: 1.10
Platform: MetaTrader 5 (MQL5, #property strict )

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