Max Loss Guard

input double MaxDailyLoss      = 500.0; // Maximum floating loss in account currency
input double SafetyBufferMoney = 10.0;  // Trigger at MaxDailyLoss - SafetyBufferMoney
input int    CheckEverySeconds = 2;
input bool   is_debugged       = false; // Print additional messages in the Terminal

input bool   is_Closing_All_Positions = false; // if false for each open position, each new reversed position with the same symbol & lot size will be opened.


This EA will then remove itself from the Chart


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input long   MagicNumber    = 1000;  // Magic number for this EA input double StartLots = 0.01 // Lots amount to start input long MaxOrders = 3 // Maximum number of positions this EA can open input bool   PrintDebugLogs = false;    // Print detailed logs  -- Grid Setting --  input bool EqualVolumeGrid = false // True: all grid positions use StartLots   input long MinDistance = 1000 // Distance to open the next order (points)  input double MinDistanceMultiplier = 2.0 // Distance multiplier
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input group "General Settings" input long   MagicNumber    = 1000;   // Magic number for this EA input bool   PrintDebugLogs = false;  // Print detailed logs true/false input group "Risk Settings" input double IndexMaxDrawdownInPercentage = 0.45; // 0.45 means 45 percent input group "Grid Settings" input long   MinDistance          = 3500;  // Distance to open the next order (points) input double MinDistanceMultiplier = 2.5;  // Distance multiplier for each additional order input group "Targe
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Only for Broker The5er: input long   MagicNumber    = 1000;   // Magic number for this EA input double StartLots      = 0.01;   // Lots amount to start input long   MaxOrders      = 3;      // Maximum number of positions this EA can open input bool   PrintDebugLogs = false;  // Print detailed logs true/false input group "Grid Settings" input bool   EqualVolumeGrid      = false; // true: all grid positions use StartLots input long   MinDistance          = 3500;  // Distance to open the next orde
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input group "General Settings" input long   MagicNumber    = 5000;   // Magic number for this EA input bool   PrintDebugLogs = false;  // Print detailed logs true/false input group "Risk Settings" input double IndexMaxDrawdownInPercentage = 0.45; // 0.45 means 45 percent input double MaxLossLevel = 95000.00; // Maximum loss level in account currency input group "Grid Settings" input long   MinDistance          = 3500;  // Distance to open the next order (points) input double MinDistanceMultip
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input double MaxLossLevel      = 500.0; // Max Loss Level in account currency input double SafetyBufferMoney = 10.0;  // Safe Buffer. In this case Threshold be 500+10 = 510 input int    CheckEverySeconds = 2; input bool   is_debugged       = false; // Print additional messages in the Terminal It will checks every CheckEverySeconds. If the total Loss of the account Go below Threshold of  MaxLossLevel + SafeBufferMoney, then start Heding: for each open Position, open a new reversed Position with
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FTMO Max Daily Loss Guard is a simple MetaTrader 5 Expert Advisor designed to monitor the net profit and loss of all open positions. It checks the account every few seconds and automatically closes all open positions when the current net loss exceeds the defined daily loss limit minus the safety buffer. The EA is built to help traders protect their capital, reduce risk and stay within strict risk-management rules such as the FTMO Max Daily Loss limit.
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Strategy: This is a Guard for your account in case the Margin Call of the Account is called. The most brokers have Margin Call at Margin Level of 100%. If account Margin Level is below TriggerMarginLevelPercent (100%), the EA checks all open account positions. For every non-hedge position it opens one reverse position with the same symbol and same volume. After that it will remove itself from the Chart IMPORTANT: CHECK this manually on the Account before using this EA. Only some Broker offer t
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