Drawdown Close

5

This is a trade management EA that will close all your Open Orders (or both Open and Pending Orders) when your drawdown against balance exceeds a set percentage limit.

E.g. Balance = $10,000 and “DrawdownPercent” is set at 2.0, if floating P&L is greater than -$200.00, all Orders will be closed.

It will send a notification to you MT4 app on your phone (”Drawdown Percent Close triggered!”)

A text display is included for some visual feedback.

Basic notes: It only needs to be attached to one chart to function. Ideally attach to the same currency pair as the one you trade on. If trading on multiple pairs, attach it to the one with the most frequent ticks.




Reviews 6
Zaenal Arifin
66
Zaenal Arifin 2025.05.13 03:37 

Robot ini bekerja dengan baik, terimakasih sang pembuat

FunChiii
160
FunChiii 2023.12.15 17:16 

Simple but an awesome tool to have.

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MATrader AI - Advanced AI Gold Trading for XAUUSD MATrader AI is our flagship XAUUSD Expert Advisor, developed by Marc Albrecht Trading after more than a decade of experience building and trading automated systems. Before releasing MATrader AI publicly on MQL5, we spent over 10 years testing, developing and refining the strategy. Today MATrader combines our AI-calibrated MAT Trend and Momentum engines, proprietary MAT algorithms, higher-timeframe trend analysis, dynamic cycle trading, advanced r
FREE
MATrader AI
MARC ALBRECHT SCHMID
4.54 (144)
MATrader AI - Advanced AI Gold Trading for XAUUSD MATrader AI is our flagship XAUUSD Expert Advisor, developed by Marc Albrecht Trading after more than a decade of experience building and trading automated systems. Before releasing MATrader AI publicly on MQL5, we spent over 10 years testing, developing and refining the strategy. Today MATrader combines our AI-calibrated MAT Trend and Momentum engines, proprietary MAT algorithms, higher-timeframe trend analysis, dynamic cycle trading, advanced r
FREE
Aurix Neural Edge AI
MARC ALBRECHT SCHMID
4.3 (20)
AURIX Neural Edge - Adaptive Neural Grid Engine for XAUUSD AURIX Neural Edge is an automated XAUUSD Expert Advisor from Marc Albrecht Trading. It combines higher-timeframe trend analysis, short-term momentum confirmation, a fixed-lot recovery grid with ATR-adaptive spacing, layered equity protection and detailed on-chart analytics. Optimized symbol: XAUUSD Default timeframe: M1 Recommended reference environment: RoboForex ProCent with KXTL Live MAT Trading Account You can follow one of our live
FREE
MATrader QuickScalper
MARC ALBRECHT SCHMID
2 (1)
MATrader QuickScalper – Precision Scalping Powered by the MATrader Core MATrader QuickScalper is a dedicated scalping Expert Advisor by Marc Albrecht Trading, built as a separate strategy next to the well-known MATrader AI. While MATrader AI focuses on adaptive cycle logic and larger market movements, MATrader QuickScalper is engineered for fast execution, short trade durations, and clean scalping entries . This EA carries the MATrader name because it is built on the same core philosophy: tes
MATrader AI Legacy
MARC ALBRECHT SCHMID
4.52 (21)
MATrader AI v4 - Legacy XAUUSD Trading Version MATrader AI v4 is the original version 4 of our well-known MATrader system. It is provided for traders who still want to use this exact legacy version instead of the newer MATrader builds. MATrader AI v4 was tested for approximately four years before its original public release. The earlier product listing was later removed and re-uploaded, which reset its previous reviews and ranking history. Optimized symbol: XAUUSD Default timeframe: M1 Recommen
FREE
MATrader EURUSD
MARC ALBRECHT SCHMID
3.75 (12)
MATrader AI EURUSD - Advanced AI Trading for EURUSD MATrader AI EURUSD is our dedicated Expert Advisor for EURUSD, developed by Marc Albrecht Trading from the same MATrader ecosystem we have built and refined over many years of automated trading. This is not simply the XAUUSD version placed on another symbol. MATrader AI EURUSD was specifically adapted and optimized around EURUSD market behavior, spreads, movement, cycle structure and execution conditions. MATrader AI EURUSD combines AI-driven
FREE
SilvMAT
MARC ALBRECHT SCHMID
4.55 (11)
SilvMAT EA - Automated XAGUSD Trading for Silver SilvMAT EA is a dedicated Expert Advisor from Marc Albrecht Trading, developed specifically for XAGUSD and designed around automated cycle trading, neural entry logic, configurable grid management, profit protection and account-level risk controls. Optimized symbol: XAGUSD Default timeframe: M15 Recommended reference environment: RoboForex ProCent with KXTL Live MAT Trading Account You can follow one of our live MAT trading accounts through our M
FREE
MAT FX Strategist
MARC ALBRECHT SCHMID
4.2 (5)
MAT FX Strategist - Advanced Multi-Pair Expert Advisor MAT FX Strategist is a multi-pair Expert Advisor developed by Marc Albrecht Trading for adaptive grid-based trading across correlated forex pairs. The strategy combines proprietary MAT trading logic with Bollinger Bands and RSI filtering. It includes configurable position sizing, adaptive grid spacing, trading hours, spread controls, drawdown protection and basket management. Default symbols: AUDNZD, AUDCAD and NZDCAD Default timeframe: M15
FREE
EchelonGold X1
MARC ALBRECHT SCHMID
Echelon Gold X1 – Institutional-Grade Gold Accumulation (Echelon Gold X1 is the result of 4+ years of live testing and iteration on gold-specific accumulation strategies) Optimized for: XAUUSD M1 standard settings Recommended Setup: Use a 0.0001 lots Cent Account with €200+ or a Standard Account with €20,000+ (leverage 1:2000) for safe trading. https://www.mql5.com/en/signals/2389532 Why Echelon Gold X1? The Accumulator That Never Sleeps Echelon Gold X1 is not just another grid EA. It is a pu
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[Deleted] 2025.07.03 06:20 

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Zaenal Arifin
66
Zaenal Arifin 2025.05.13 03:37 

Robot ini bekerja dengan baik, terimakasih sang pembuat

91909553
112
91909553 2025.03.23 04:43 

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matef88
24
matef88 2024.11.20 18:24 

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FunChiii
160
FunChiii 2023.12.15 17:16 

Simple but an awesome tool to have.

Natali Vandros
600
Natali Vandros 2023.07.10 10:34 

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