Percentage Stop

5

A simple risk management tool that closes all open orders if equity drops by a specified percentage. This tool is useful if you are running multiple EAs and multiple charts and pairs in order to control your risk.

All orders will close accordingly. Once it hits specified percentage drawdown the closing of all orders cannot be stopped. The EA will reset once all orders are closed, until account equity drops again relative to account balance.

Use at your own risk.

  • This is only for MT4.
  • There is only one parameter.
  • The only parameter is StopPercent.
  • The default percentage is set at 40. As in 40 percent.
  • Option to switch control panel information on/off added.
  • Option to disable percentage stop mechanism while displaying control information added.

Reviews 2
kokines
64
kokines 2024.01.31 10:53 

Very good job!

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Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
Shepherd Safety EA
AW Trading Software Limited
4.92 (13)
Utilities
AW Shepherd Safety EA is an Expert Advisor for managing open positions. The trader opens the first order from the panel, and from there the EA runs the basket on its own: it adds recovery orders with a trend filter, closes a side on TakeProfit, trailing or stop, and shows the close levels on the chart. Buys and sells are managed separately, and both sides can be open at the same time. A recovery order opens not just on a price step but once Parabolic SAR, two MAs or candle color show a reversal
Smart Copy Local MT4
Kyra Nickaline Watson-gordon
5 (7)
Utilities
Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) Free version is available on Smart Copy Local Free MT4 Specifications :     Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying     Copy from netting to hedge and hedge to netting is supported.     Fast and instant copy     All settings are input visually.     Easy modifying symbol names, prefix, suffix     Enable/Disable copying s
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Risk Manager Basic
Vincent Ocasla
Utilities
A fundamental component to have within your trading arsenal is the ability to properly control and manage risk effectively. This tool offers a basic but comprehensive means to manage each and every trade position appropriately. It can be used across different markets that require percentage-based calculations as opposed to simply measuring the difference in pip or point size i.e. the method for calculating take profit and stop loss in FX currency markets is usually a fixed point/pip size vs. p
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BORIS GOLICIN
550
BORIS GOLICIN 2025.03.17 10:59 

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kokines
64
kokines 2024.01.31 10:53 

Very good job!

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