DD Stopper

🛑 DD Stopper for MT4 | Protect Your Account from Excess Drawdown

DD Stopper is a lightweight and powerful risk management utility for MetaTrader 4 that automatically closes all trades when your account drawdown reaches a defined amount in USD.

Protect your capital. Trade with discipline. Eliminate emotional decisions.

🔧 What This Tool Does

DD Stopper continuously monitors your account and:

  • Tracks real-time drawdown (Balance vs Equity or floating loss)
  • Closes all open trades instantly when the limit is reached
  • Deletes all pending orders (optional)
  • Prevents further losses by keeping the account flat (optional)

This tool acts as your last line of defense against unexpected losses.

⚙️ Key Features

✔ Set maximum drawdown in USD
✔ Works with Balance-Equity or Floating Loss calculation
✔ Closes ALL trades across the account
✔ Optional: manage only specific symbol or Magic Number
✔ Deletes pending orders automatically
✔ Retry logic for reliable execution
✔ Alert notification when triggered
✔ Lock mode to prevent new trades after stop

📊 How Drawdown Is Calculated

Choose between two methods:

1. Balance - Equity (Recommended)
Drawdown = Account Balance − Account Equity

2. Floating Loss Only
Calculates total loss from open positions

🧠 Why You Need This

  • Protect funded accounts / prop firm rules
  • Prevent account wipeouts
  • Control maximum daily or total risk
  • Avoid emotional overtrading
  • Essential for EA users

    ⚙️ Recommended Settings

    For full account protection:

    • MaxDD_USD = 100 (example)
    • UseBalanceEquityDD = true
    • IncludePendingOrders = true
    • OnlyCurrentSymbol = false
    • MagicNumberFilter = -1
    • LockAfterTrigger = true

    ⚠️ Important Notes

    • MT4 does NOT allow disabling the AutoTrading button programmatically
    • This EA closes trades but cannot stop other EAs from opening new ones
    • Use “LockAfterTrigger” to continuously close new trades if needed
    • For best results, remove or pause trading EAs after trigger
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