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This Drawdown Monitor allows you to sleep ‘peacefully’ and avoid burning your account. Make sure you don't lose more money than you had planned. It will constantly monitor every single open position and close it if the set limit is exceeded. Make sure you don't lose more money than you had planned. It is essential for all traders who use EAs downloaded from the internet that may not have been thoroughly tested, or who use martingale or grid strategies that could suddenly increase your drawdown
This Drawdown Monitor allows you to sleep ‘peacefully’ and avoid burning your account. Make sure you don't lose more money than you had planned. It will constantly monitor every single open position and close it if the set limit is exceeded. Make sure you don't lose more money than you had planned. It is essential for all traders who use EAs downloaded from the internet that may not have been thoroughly tested, or who use martingale or grid strategies that could suddenly increase your drawdown
This indicator is extremely useful for traders who want to keep an eye on the market structure without wasting time drawing it manually. It also adds an important optional feature, which is MTF (Multi-Timeframe) analysis . Multi-Timeframe (MTF) analysis is a trading technique that consists of analysing the same financial instrument on different time intervals (charts) simultaneously, in order to gain a more complete view of the market. Starting with the analysis of higher timeframe charts