Drawdown Limiter Advanced

5

Whether you are a trader that uses Expert Advisors (EA) or you trade manually, if you decided to obtain a funded account and you are going to start an evaluation phase with a Prop Firm (like FTMO, MyForexFunds, FundedNext and all the other ones available), you will surely need to pay close attention to put a daily drawdown limit.

That seems easy, at least in words, but dealing with the rigid rules of a Proprietary Firm leave no space for mistakes, distractions, emotional blindness or execution delays.

Right for this, the best way to manage your drawdown limit is using a program that is going to monitor your drawdown level automatically at all times and take the right actions to ensure you don't break any rules throughout the whole process of getting funded and then managing a funded account reducing the risk of losing it.

For you, the Drawdown Limiter - Advanced will:

  • Monitor the Daily Drawdown
  • Monitor the Overall Drawdown
  • Close all the positions once your drawdown limit is reached 
  • Delete all the pending orders once your drawdown limit is reached 
  • Advise you by e-mail (if you want to)
  • Prevent the breach of max daily drawdown rule when closing the day with realized profit but floating losses that would overcome the max daily drawdown of the next day.
  • Monitor the Balance / Equity a the start of a new range and the current level of it
  • Monitor the Realized and Unrealized Profits and Losses for the day measured in percentage and account currency
  • NEW: High Impact News Release Filter

The graphic interface is very easy to understand and it show more than the essential information.

You can decide what to see by clicking the button to show more or show less.

PLEASE, consult the User Guide before relying on the Expert Advisor.


Recensioni 3
Michel
177
Michel 2024.11.22 16:23 
 

Happy so far this exists. Lost 2 phase 1 accounts this week just because of some stupid dip below daily limit so its important piece of Prop trading. Intuitive to use and hope it safes me next time.

Alexandre Henrique Vassoler
996
Alexandre Henrique Vassoler 2024.07.04 22:40 
 

Excellent product for proper asset management in prop firms. Riccardo offered great support and even implemented improvements I suggested.

Ehsan
310
Ehsan 2024.05.03 23:07 
 

Very nice and prop firm conform product. Riccardo is extremely supportive and friendly. Can recommend this Tool !!

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MT5 to Telegram Signal Provider è un'utilità facile da usare e completamente personalizzabile che consente l'invio di segnali specificati a una chat, canale o gruppo Telegram, rendendo il tuo account un fornitore di segnali. A differenza della maggior parte dei prodotti concorrenti, non utilizza importazioni DLL. [ Dimostrativo ] [ Manuale ] [ Versione MT4 ] [ Versione Discord ] [ Canale Telegram ]  New: [ Telegram To MT5 ] Configurazione Una guida utente passo-passo è disponibile. Nessuna cono
Prop Firm Os
Gayathiri Gopalakrishnan
5 (1)
PROP FIRM OS Structured Trading Assistant for MetaTrader 5 PROP FIRM OS is a structured trading assistant designed for MetaTrader 5 users who prefer rule-based market analysis and organized trading workflows. The Expert Advisor combines market analysis tools, scanner functions, dashboard monitoring, alerts, risk-control settings, and trade management features inside one system. PROP FIRM OS is designed to help traders follow selected rules, filters, and monitoring conditions during trading activ
News Filter EA
Rashed Samir
5 (2)
News Filter EA: Advanced Algo Trading Assistant News Filter EA is an advanced algo trading assistant designed to enhance your trading experience. By using the News Filter EA , you can integrate a Forex economic news filter into your existing expert advisor, even if you do not have access to its source code. In addition to the news filter, you can also specify trading days and hours for your expert. The News Filter EA also includes risk management  and equity protection features. MT4 Version Ma
EA Auditor
Stephen J Martret
5 (5)
EA Auditor is an independent analysis tool for traders evaluating Expert Advisors and trading signals on MetaTrader 5. It audits backtest reports, reviews posted developer signals, and cross-verifies the two against each other to help traders assess strategies before committing capital. The MQL5 market offers a wide range of Expert Advisors from many developers, with varying approaches, quality, and transparency. EA Auditor provides a consistent, data-driven framework for reviewing them, answer
X2 Copy MT5
Liubov' Shkandrii
Veloce. Preciso. Innovativo. Tecnologico. Scopri la copia istantanea delle operazioni con il rivoluzionario X2 Copy MT5. Con solo 10 secondi di semplice installazione, otterrai un potente strumento per sincronizzare le operazioni tra i terminali MetaTrader su un singolo computer o Windows VPS con una velocità senza precedenti. Che tu gestisca più account, segua segnali o espanda la tua strategia, X2 Copy MT5 si adatta al tuo flusso di lavoro con una precisione e un controllo senza pari. Lavora p
Quant AI Agents
Ho Tuan Thang
5 (1)
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
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Michel
177
Michel 2024.11.22 16:23 
 

Happy so far this exists. Lost 2 phase 1 accounts this week just because of some stupid dip below daily limit so its important piece of Prop trading. Intuitive to use and hope it safes me next time.

Alexandre Henrique Vassoler
996
Alexandre Henrique Vassoler 2024.07.04 22:40 
 

Excellent product for proper asset management in prop firms. Riccardo offered great support and even implemented improvements I suggested.

Ehsan
310
Ehsan 2024.05.03 23:07 
 

Very nice and prop firm conform product. Riccardo is extremely supportive and friendly. Can recommend this Tool !!

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