EquityCutter

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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