Control Subsidence MT5
This is a simple Expert Advisor for controlling drawdown of positions. It is attached to one chart and monitors all open positions. If the drawdown (in percent) of a position exceeds the value specified in the settings, the losing positions are closed.
If position closure fails, an Alert with the error code will be generated.
It has six parameters:
- Percent - percent of allowable drawdown in one position;
- Slippage - slippage during position closure.
- ShowInfo - display information on the chart;
- PositivProfitColor - text color for positive profit;
- NegativProfitColor - text color for negative profit;
- Corner - snap corner for the text