Position Guard
- Utilities
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Kevin Johannes Witt
MQL5 / MetaTrader 5 developer specialising in Expert Advisors and custom indicators. I build to clear specifications: order management, pending-order / breakout logic, risk control (ATR- and %-based sizing, trailing stops, daily-loss and max-drawdown limits), session and spread filters, and - Version: 1.0
Position Guard automatically manages your open positions on MetaTrader 5. It does not open trades and makes no market prediction - it is a money- and risk-management layer on top of manual trades or trades opened by another EA. Features: - Breakeven: move the stop to entry (with a spread-safe offset) after a set profit in pips. - Staged partial close: take partial profit at up to three configurable profit levels. - Trailing stop: starts after a set distance, then trails with a configurable step. - Equity protection: close all managed positions when the floating loss reaches your limit (percent of balance or a money amount). - Magic-number filter: manage all positions, one specific EA's trades, or only manual trades. All parameters are external inputs. Works on any symbol and timeframe. Compiled with 0 errors and 0 warnings. No DLL calls, no time or account limitations.
