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DrawDown Limiter MT4

69 USD

Demo downloaded: 186

Published: 22 March 2023

Current version: 3.9

DrawDown Limiter MT4

Name: DrawDown Limiter MT4
Price: 69.00 USD
Rating: 5 (8 reviews)
Author: Haidar, Lionel Haj Ali

Utilities
Haidar, Lionel Haj Ali
Version: 3.9
Updated: 4 March 2024
Activations: 10

Drawdown Limiter EA

You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account.

Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified. I am an EA automated trader, and I developed this utility to help me respect this rule, and I am proposing it here to help you too. This EA is ideal for protecting your balance if you are trading manually, via copy trading, or EA trading with a prop firm or on your own.

DrawDown limiter will help you in:

Tracking the account drawdown
Tracking the daily trader drawdown
Prevent you from overtrading by limiting open position
Alert you when you are taking high-risk trades
Tracking your EA portfolio one by one
And the most important is protecting your account from breaching the drawdown and overtrading threshold.

The expert advisor’s essential function is to monitor all the activities on the account, if it was a manual or automated trade by another expert advisor. In two clicks you can configure it. And once on your chart, you will first notice a "Traffic Lights" on your screen. It's "Traffic Lights" feature will keep you informed about the KPI in a simple graphical manner. The position and style of the traffic lights can is super customizable to match your chart's style.

"Draw Down Limiter" is designed to respect the major prop firm rules. The EA is compatible with FTMO. Please check how on this blog: FTMO rules compatible EA: DrawDown Limiter. If you are trading from the USA and you have FSA regulations to respect, DrawDown Limiter is compatible with the NFA FIFO rule. Please check the following blog for details: DrawDown Limiter compliance with NFA Rule 2-43b FIFO rule.

If you are interested to get a FREE EA that automatically toggle "Algo Trading" ON and OFF based on your drawdown, don't hesitate to contact me once you purchase DrawDown limiter to share it with you for free.

Need help or have questions? Check DrawDown Limiter User Guide

I am Lio, don't hesitate to reach out! We are always available to respond, help, and improve.

more...

167

studentspower 2024.08.30 10:11 #

everything I need. Fortunatly it didn't need to close yet. But the settings are very good for all kinds of prop firm requirements.

509

Juan Antonio Rojo Pereira 2023.10.10 21:13 #

All right, thanks

717

Enrico De Landerset 2023.10.09 21:40 #

5 stars to the product that is simply perfect and 5.000 stars for the Author and his fantastic support.!

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ICT Silver Bullet If you are searching for a reliable indicator to trade the ICT Silver Bullet concept, or ICT concepts, Smart Money Concepts, or SMC, this indicator will respond to your need! Before version 2.2, this indicator was focused only on ICT Silver Bullet, but moving forward, we will include the different elements for smart money concept trading. This indicator will help you identify the following: FVG - fair value gaps Market structure: BOS and CHOCH. It is based on ZIGZAG as it is

39 USD

Trendy Tunnels an expert advisor that automats a low-risk high-reward strategy. The default parameters of the EA correspond to the recommendation of the inventor of this strategy. This doesn't mean that those would work on any pair or any timeframe. Please do your backtesting and optimization, as this strategy is not optimized as it is now and we don't have predefined set files. Introducing our new MQL5 Expert Advisor, Trendy Tunnels! This trading system follows the trend by analyzing two moving

39 USD

T Manager, the ultimate trade management solution designed by traders for traders. If you are searching for a simple and efficient trade panel, trade manager, or trade assistant, you are at the right place. The market contains a diverse number of those tools , but this one is designed by traders for traders . I designed this tool, and I am using it daily. Take my advice and stop buying tools blended with un-useful features that you will never use, T Manager provides you with the essential y

30 USD

Structure Blocks: a structured way to analyze market structure This indicator is for you if you are a price action or smart money concept trader. It identifies market trends' ultimate highs and lows and intermediaries' swing lows and highs. It adjusts based on candles' body where most of the volume is, disregarding wicks. Need help or have questions? I am Lio , don't hesitate to reach out! I am always available to respond, help, and improve. How it works: Each block consists of a move with

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ICT Silver Bullet If you are searching for a reliable indicator to trade the ICT Silver Bullet concept, or ICT concepts, Smart Money Concepts, or SMC, this indicator will respond to your need! This indicator will help you identify the following: FVG - fair value gaps Market structure: BOS and CHOCH. It is based on ZIGZAG as it is the most subjective way to do it. ICT Silver Bullet windows and related notifications when it starts and when an FVG appears Swing High and low that are potential bu

39 USD

Breakout Momentum is an automated scalper for EURUSD. Its strategy takes advantage of "false breakout", "breakout", and "raids on liquidity" above and below current marketplace prices. It is effective in both raging and trending markets. It shows promising results during backtesting using "every tick based on real tick" mode. it is also proving itself on a real account. Check Live Signal on Live Signal 1 - EURUSD Where does it work the best? The default parameters are optimized to suit the

99 USD

Trade the BOX It is the must-have utility to help you automate the execution of your trading plan, managing scale-up, partial profit booking, and trade managing. It is very intuitive. You need to load it on a chart, set your trading plan, select your range with the BOX, and double-click to activate the trades. Trade the BOX will take it over, ensuring your trading plan is mechanically executed without deviation. As it is a bot handling your trades, Scalpers, you will adore this utilit

30 USD

Filter:

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studentspower 2024.08.30 10:11 #

everything I need. Fortunatly it didn't need to close yet. But the settings are very good for all kinds of prop firm requirements.

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Reply from developer Haidar, Lionel Haj Ali 2024.08.30 12:09 #

I am glad to read your review! Thanks a lot, and just let us know if you need help.

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Luca Madeddu 2023.10.25 15:22 #

User didn't leave any comment to the rating

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Reply from developer Haidar, Lionel Haj Ali 2023.10.25 15:32 #

Thanks a lot, I am very happy to see your review! Anything you need just let me know.

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Juan Antonio Rojo Pereira 2023.10.10 21:13 #

All right, thanks

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Reply from developer Haidar, Lionel Haj Ali 2023.10.10 21:30 #

Thanks a lotb⭐⭐⭐⭐⭐

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Enrico De Landerset 2023.10.09 21:40 #

5 stars to the product that is simply perfect and 5.000 stars for the Author and his fantastic support.!

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Reply from developer Haidar, Lionel Haj Ali 2023.10.09 21:42 #

Hey, you made my day with this review! Thanks a lot. Looking to have more awesome clients like you that will benefit from this EA

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bl4ck0pal55 2023.09.02 13:50 #

Best drawdown limiter on the market! It works perfectly and might help you on your trading journey. Easy to understand and the support is really fast.

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Reply from developer Haidar, Lionel Haj Ali 2023.09.02 13:51 #

Awesome review, thanks a lot 👍

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Viachaslau Kulakou 2023.07.18 17:46 #

Excellent product

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Reply from developer Haidar, Lionel Haj Ali 2023.07.18 17:48 #

Thanks a lot

marpl 2023.07.13 18:53 #

I definitely recommend this product. It is perfect for my challenges as well as for securing my private account. Very good service and help with startup and installation. Great choice. Thank you

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Reply from developer Haidar, Lionel Haj Ali 2023.07.13 23:01 #

Thanks a lot for your review! Much appreciated!

Wes Joe 2023.05.27 18:56 #

Excellent EA - Very happy with it! Haidar is also very responsive and helpful as an author.

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Reply from developer Haidar, Lionel Haj Ali 2023.05.27 19:00 #

Grateful for your review! Thanks a lot.

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RUTTO2 2023.05.16 21:30 #

User didn't leave any comment to the rating

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Reply from developer Haidar, Lionel Haj Ali 2023.05.16 21:34 #

Hey, thanks for your review, I am glad that you liked the EA!

ieik99 2023.05.15 14:49 #

This EA is a real gem. It is a fundamental tool for any trader, being able to have an automatic brake allows you to maintain an excellent risk management by having a maximum daily loss and maximum amount of trades at the same time. In my particular case it was an incredible help when I had to get out of a drawdown, since then I always keep it active. ABSOLUTELY recommended !!!

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Reply from developer Haidar, Lionel Haj Ali 2023.05.15 14:51 #

Thanks a lot for your review and recommendation.