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Drawdown Protector

Drawdown protector is used to manage your desired Max Daily Drawdown. You set the Hours you want the EA to not allow new trades after X% drawdown is hit. Or you just select "Yes" on the "Block trades until next day?" and the EA enables trading at midnight after the X% daily drawdown is reached.

Make sure you Enable "Algo trading" from both "Common" tab on the EA settings, AND from the top side of the MT5 terminal. (The EA on the top right of the chart should have a blue hat, not grey)

It's an effective EA that is simple to use for Equity Drawdown Management and prevention of revenge trading. Feel free to message me for any special enquiry or question.

The "Demo Version" can't work on MT5 backtesting simulation, only in live markets. That's true for most Utility EAs out there.

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5 (1)
Revenge Trading Protector is a simple but effective tool for traders who can fall victim to revenge trading. Being a day-trader myself, I understand the psychological aspect of revenge trading and the desire to cover the losses. So, I developed this tool (that I use myself too) to be 100% sure I’m able to remain patient after a loss and not make irrational trading decisions. When you take a loss, the Revenge Trading Protector EA prevents you from opening another order (either limit order, s
The "Candlestick Patterns Trade Panel" is the ultimate tool for traders who trade with Candlestick Patterns and want the process of identifying a pattern and executing a trade, to be quick and effortless . With various but key input options, this tool suits to people who want to automate their candlestick patterns manual trading, or assist them to take trades manually but faster than before, or simply inform them with the patterns they want to see. Let's go through the Trade Panel that appears
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Williams Southwood
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Williams Southwood 2023.08.07 22:24 
 

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Konstantinos Kalaitzidis
695
Reply from developer Konstantinos Kalaitzidis 2023.08.09 01:20
I'm happy you're satisfied with the EA! Thank you!
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