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Prop Firm DrawDown Guard MT5

49 USD

Démo téléchargée: 4

Publié: 7 avril 2025

Version actuelle: 1.0

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Prop Firm DrawDown Guard MT5

Utilitaires
Branko Balog
Branko Balog
Croatie

256
1 sujet
Version: 1.0
Activations: 5

Prop Firm Drawdown Guard EA – Documentation (MT5 Version)

Version: 1.00

Platform: MetaTrader 5 (MT5)

Author: Branko Balog

Website: https://www.mql5.com

🛡️ Purpose

This Expert Advisor (EA) helps prop firm traders adhere to drawdown rules by monitoring daily and total account equity loss and enforcing restrictions when thresholds are breached.

It performs the following actions:

- Monitors account equity in real-time

- Closes all open positions when drawdown limits are hit

- Blocks opening of new trades for the day if required

- Sends alerts and/or notifications upon drawdown breaches

⚙️ Inputs

Parameter | Type | Description

------------------------------|---------|---------------------------------------------------------------

MaxDailyDrawdownPercent | double | Maximum allowed daily drawdown in percentage of daily start equity.

MaxTotalDrawdownPercent | double | Maximum allowed total drawdown in percentage of initial balance.

BlockTradingAfterDrawdown | bool | Blocks new trades for the day if drawdown limits are breached.

EnableAlerts | bool | Enables terminal alerts when drawdown is exceeded.

EnableEmail | bool | Sends email notification (requires setup in terminal options).

EnablePush | bool | Sends mobile push notification (requires setup in terminal options).

EnableLog | bool | Logs drawdown events to the Experts tab.

⏱️ How It Works

- At EA initialization, it records the current equity and balance.

- Each new day, it resets the "day start equity" to monitor daily drawdown.

- Continuously compares the current equity to:

- Daily start equity → for daily drawdown check

- Initial balance → for total drawdown check

- If either threshold is breached:

- All positions are closed immediately

- New trade entries are blocked (if enabled)

- Optional alerts are triggered (alert/email/push/log)

🧠 Special Logic

- Uses `TimeDay(TimeCurrent())` to detect start of new day.

- Uses `CTrade` class for order operations (MT5 standard library).

- Trades are blocked after a drawdown breach for the rest of the day if the option is enabled.

- All types of open positions are force-closed; new positions are not allowed until the next day.

✅ Compatible With

- MetaTrader 5 platforms (builds supporting standard MQL5 trade library)

- All prop firm challenge accounts (e.g., FTMO, MyForexFunds, etc.)

- All symbols and timeframes

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Quant AI Agents are independent trading Expert Advisors. Instead of trading using a fixed strategy like other conventional EAs, Quant AI Agents is a multi-agent AI trading framework that turns natural-language strategy prompts into live. WANT THE SAME RESULTS AS MY LIVE SIGNAL? Use the exact same brokers I do: IC MARKETS , IC TRADING . Unlike the centralized stock market, Forex has no single, unified price feed. Every broker sources liquidity from different providers, creating un

299 USD

Trade Copier Ultimate - Telegram to MT5 Signal Copier Trade Copier Ultimate automatically copies Telegram trading signals into MetaTrader 5. The EA can read signal messages, detect the symbol, order type, entry price, Stop Loss, Take Profit levels and selected update commands, then execute or manage the trade in MT5 using your lot and risk settings. It is more than a basic Telegram to MT5 copier. TCU also supports Bot API and user-account Bridge workflows, Discord signal routing, local MT5 to MT

66 USD

Prop Firm Drawdown Guard EA – Documentation Version: 1.00 Platform: MetaTrader 4 (MT4) Author: Branko Balog Website: https://www.mql5.com ️ Purpose This Expert Advisor (EA) is designed to enforce drawdown limits required by prop trading firms. It helps traders stay compliant with daily and total equity loss rules by automatically: - Monitoring account equity in real time - Closing all open trades when limits are exceeded - Blocking all further trading activity for the rest of the day - Opt

49 USD

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