Daily Loss and DD Protector

VERY EASY TO USE.

PERFECT TO HELP YOU TO AVOID REACHING THE DAILY LOSS LIMIT ON YOUR PROP FIRM ACCOUNT OR ON YOUR PERSONAL ACCOUNT IN CASE YOUR EA GETS OUT OF CONTROL AND STARTS OPENING HIGH LOT SIZES OR SIMPLY IF MARKET WILL GO WILD.


Product Description:

  • Name: Daily Loss and DD Protector
  • Use: This EA tracks and display on the monitor your daily loss (considering profits also) and stops trading when the floating drawdown + loss reaches a value determined by the user in its input parameters.
  • Functions:
    • Monitors daily P/L for the pair that is attached to the chart (currently that one pair only - not all pairs)
    • Tracks daily loss (closed loss + floating drawdown)
    • Blocks new trades once the warning threshold determined in the input paremeters is reached
    • Sends alerts via MT4 Alert, Push, or Email
    • Automatically closes trades if max daily loss is hit and prevents new trades from opening
  • Inputs: Clearly list all parameters:
    • MaxDailyLossPercent — daily drawdown % limit
    • WarningPercent — warning threshold
    • CloseTradesAtLimit — whether to close trades automatically
    • SendPushAlert, SendEmailAlert — notification options
    • Slippage — for closing trades reliable

FOR PAREMETRS DISPLAYED ON THE SCREEN, PLEASE REFER TO THE SCREENSHOT HERE.

Plese note: Before using the EA on a live account, please test it on a demo account to ensure proper functioning and user satisfaction.

Please note: This EA (utility) does not guarantee any profits and does not constitute financial advice. Trading financial instruments involves significant risk of loss. Past performance is not indicative of future results. Use this EA at your own risk. The developer is not responsible for any losses incurred while using this EA.


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Hello friends. I wrote this utility specifically for use in my profile with a large number of Expert Advisors and sets ("Joint_profiles_from_grid_sets" https://www.mql5.com/en/blogs/post/747929 ). Now, in order to limit losses on the account, there is no need to change the "Close_positions_at_percentage_of_loss" parameter on each chart. Just open one additional chart, attach this utility and set the desired percentage for closing all trades on the account. The utility has the following function
Drawdown Protector MT4
Konstantinos Kalaitzidis
5 (2)
Le protecteur de tirage est utilisé pour gérer votre tirage quotidien maximum souhaité. C'est un outil très précieux pour les traders, en particulier pour les traders des sociétés d'accessoires, vous devez faire attention aux limites de prélèvement.    Il s'agit d'un EA efficace et simple à utiliser à des fins de gestion des prélèvements de capitaux propres. Il fonctionne en bloquant les nouvelles transactions et en fermant les transactions existantes lorsque les capitaux propres flottants (et
X2 Copy MT4
Liubov' Shkandrii
Rapide. Précis. Innovant. Technologique. Découvrez la copie instantanée de transactions avec le révolutionnaire X2 Copy MT4. Avec seulement 10 secondes d'installation simple, vous obtenez un outil puissant pour synchroniser les transactions entre les terminaux MetaTrader sur un seul ordinateur ou Windows VPS avec une vitesse sans précédent. Que vous gériez plusieurs comptes, suiviez des signaux ou déployiez votre stratégie, X2 Copy MT4 s'adapte à votre flux de travail avec une précision et un co
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Lot Guard v1.00 is a lightweight and easy-to-use Expert Advisor (utility) designed to protect your account from trades that exceed a specified maximum lot size . Ideal for both beginner and professional traders, it helps you manage risk automatically without constant supervision. It's a great product for prop firm accounts if you are afraid that your EA (or the firm :) can open by error a big lot size and you can exceed the maximum daily drawdown allowed. This EA works in real-time to monitor al
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