Market / MetaTrader 4 / Utilities /

Drawdown Close

FREE

Published: 15 March 2023

Current version: 21.6

Drawdown Close

Utilities
MARC ALBRECHT SCHMID
MARC ALBRECHT SCHMID
Professional Trader & Quantum Algorithm Engineer at Marc Albrecht Trading

Switzerland

43671
4.5 (300)
Marc Albrecht – Empowering Traders with Free, World-Class EAs 📈

10 products 1 signal 1 topic 6 comments
Version: 21.6

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.

more...

Zaenal Arifin 2025.05.13 03:37 #

Robot ini bekerja dengan baik, terimakasih sang pembuat

160

FunChiii 2023.12.15 17:16 #

Simple but an awesome tool to have.

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MAT FX Strategist – Advanced Multi-Pair Trading, Completely Free Live results: https://www.mql5.com/en/signals/2284481 MAT FX Strategist is a dedicated multi-pair Expert Advisor by Marc Albrecht Trading, built for adaptive grid trading across correlated forex pairs. It combines MAT Algorithms with Bollinger Bands and RSI filtering to deliver precision entries with smart risk management. Optimized for: AUDNZD, AUDCAD, NZDCAD on M15 (default) Recommended Account: RoboForex Cent Account with 0.0

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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

10 999 USD

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. Why Echelon Gold X1? The Accumulator That Never Sleeps Echelon Gold X1 is not just another grid EA. It is a purpose-built gold accumulation engine des

10 999 USD

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[Deleted] 2025.07.03 06:20 #

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Zaenal Arifin 2025.05.13 03:37 #

Robot ini bekerja dengan baik, terimakasih sang pembuat

112

91909553 2025.03.23 04:43 #

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matef88 2024.11.20 18:24 #

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160

FunChiii 2023.12.15 17:16 #

Simple but an awesome tool to have.

600

Natali Vandros 2023.07.10 10:34 #

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