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Smart Drawdown Cutter

FREE

Published: 17 September 2026

Current version: 2.0

Smart Drawdown Cutter

Name: Smart Drawdown Cutter
SKU: 196489

🎁 GET PAID EA FREE! - 🏆 Pivot Point Strategy and Scalping Robot Ultra Exepert Advisors.

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Smart Drawdown Cutter is an automated risk management utility for MetaTrader 5 designed to assist traders with equity protection and drawdown control. It continuously monitors account equity in real time to execute predefined exit rules or profit targets.

Key Features

- Automated Equity Monitoring: Monitors account equity and acts automatically when configured thresholds are reached.

- Flexible Input Options: Define target profit levels or maximum allowed drawdown in either account currency or percentage terms.

- Universal Instrument Support: Compatible across trading symbols available on MT5, including Forex, Indices, Commodities, and Cryptocurrencies.

- Account Type Compatibility: Supports both Netting and Hedging MetaTrader 5 account types.

- Alert System: Receive terminal alerts or push notifications whenever equity actions or parameter limits are triggered.

Input Parameters

- Max Drawdown Limit (% or Currency): Set the maximum equity decrease allowed before the utility manages open positions.

- Target Profit (% or Currency): Set the overall target equity level to secure profits automatically.

- Enable Push Notifications: Send push notifications to your mobile MT5 terminal when limits are reached.

- Enable Terminal Alerts: Display on-screen popup alerts in MetaTrader 5 upon threshold events.

Setup Instructions

1. Attach Smart Drawdown Cutter to any single chart in MetaTrader 5 (it will monitor all active account positions globally).

2. Configure your desired drawdown limits and notification settings in the Inputs tab.

3. Ensure Allow Algo Trading is toggled ON in the main MetaTrader 5 toolbar and EA options.

Risk Warning

Trading Forex, CFDs, and financial instruments carries risk, and past performance is not indicative of future results. This software is an automated account management tool and does not guarantee complete protection against slippage or rapid market volatility.

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Smart Drawdown Cutter

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