Account Peak Control
- Experts
- Version: 1.1
Account Profit Guard is a practical utility for MetaTrader 4 that monitors the total profit of a trading account and automatically closes all open positions and deletes all pending orders when a user-defined profit target is reached.
The Key Advantage
What matters is not the profit of an individual trade, but the combined result of all trades running simultaneously.
Traders who use multiple currency pairs, different trading strategies, or several Expert Advisors at the same time are familiar with this situation: Some positions are profitable, while others are running at a loss. What often matters most, however, is the overall result.
This is exactly where Account Profit Guard comes in.
Instead of having to set an individual profit target for each position, the trader defines a single profit target for the entire account.
A Practical Example:
A trading account has ten open positions across different currency pairs. Six are profitable, while four are running at a loss.
As soon as the combined account profit reaches, for example, €50, Account Profit Guard automatically initiates the closing of all positions and the deletion of all pending orders.
This allows the trader to realize an overall profit without having to monitor and manage every individual position manually.
Key Features
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Account-Wide Profit Target: Automatically closes all open positions when the predefined total profit target is reached.
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Cross-Strategy Monitoring: Monitors trades running simultaneously across different Expert Advisors, currency pairs, and manual trading strategies.
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Automatic Monitoring Every Second: Regularly checks the current account profit.
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Profit and Loss Peaks: Displays the highest and lowest recorded account results since the EA was started.
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Real-Time Chart Overview: Displays the current account result directly on the chart in the account's currency.
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Notification-Only Mode: The EA can optionally notify the trader when the profit target is reached without closing any positions.
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Alerts and Push Notifications: Provides notifications when the predefined profit target is reached.
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No Trading Strategy Required: The EA does not open positions itself and can be used alongside existing trading strategies.
Who Can Benefit Most from Account Profit Guard?
Traders who run multiple trading strategies simultaneously and do not want to manage every position individually.
Users of automated trading systems who want to define a common profit target for all running Expert Advisors.
And traders who want to realize an achieved overall profit as quickly as possible before market conditions change again.
Important Notes
Account Profit Guard calculates the current account result based on the difference between equity and balance. Profits already realized during the trading day are not tracked separately.
The automatic closing function applies to all open positions and pending orders in the trading account, regardless of currency pair, Magic Number, or trading strategy.
Reaching the predefined profit target does not guarantee that the exact same amount will be realized. Price movements, spreads, slippage, and potential execution errors may affect the final result.
Account Profit Guard – One profit target for your entire trading account, no matter how many strategies are running simultaneously.
