DrawDownControl

This Expert Advisor is designed to control drawdown by the symbol it is set to.

The Expert Advisor does not carry out trading operations on opening positions, only closing open positions on the symbol on which it is set under certain conditions!

There are three drawdown levels implemented in the Expert Advisor.

The drawdown size for each level is set in the input parameters and the profit size is assigned (it can be either positive or negative), upon reaching which the ADVISER will close all positions on this symbol.

There is no binding by magic number, the drawdown is controlled for all positions of this symbol, regardless of how the positions are opened (manually or by an outside expert).

The ADVISER has an information board in which the drawdown level is currently active is highlighted in color.

Important! if the second drawdown level has been activated (highlighted in color in the information board) and then the drawdown has decreased below the value specified in the second level (to the first level), then the closing of all positions according to the symbol on which the Expert Advisor is installed will occur at a profit that corresponds to the second drawdown level.

If the third drawdown level has been activated (highlighted in color in the information board) and then the drawdown has decreased to the second or first level, the profit will be closed at the profit corresponding to the third drawdown level.

WHEN THE DRAWDOWN DECREASES FROM THE HIGHEST LEVEL TO THE LOWEST, POSITIONS ARE CLOSED AT THE MAXIMUM ACTIVATED DRAWDOWN LEVEL!
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Nguyen Hang Hai Ha
3.13 (8)
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MQL TOOLS SL
4.3 (37)
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Lachezar Krastev
5 (5)
WINTER SALE — FINAL DAYS! Get Forex Diamond EA with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Sale Price: $217 (Regular Price: $547 — You Save $330!) FREE BONUS: News Scope EA PRO  A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Forex Diamond EA – Relia
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MQL TOOLS SL
4.64 (66)
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
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