Drawdown Partial Closure

Drawdown Partial Closure Expert Advisor

Description: The Drawdown Partial Closure Expert Advisor is a tool designed for MetaTrader 4 that assists traders in managing their positions during drawdown periods. It monitors the drawdown of the trading account in real-time and automatically closes a portion of losing positions when the drawdown exceeds a specified threshold. This helps traders to mitigate losses during adverse market conditions while allowing profitable positions to remain open.

Features:

  1. Real-time Drawdown Monitoring: The expert advisor continuously monitors the drawdown of the trading account by comparing the equity with the balance.

  2. Customizable Drawdown Threshold: Traders can set a customizable drawdown threshold, expressed as a percentage of the account balance. When the drawdown exceeds this threshold, the expert advisor initiates the partial closure of losing positions.

  3. Partial Closure of Losing Positions: When the drawdown threshold is reached, the expert advisor automatically closes a portion of losing positions. The percentage of positions closed can be configured by the trader.

  4. Flexible Position Closure: The expert advisor closes losing positions proportionally based on their lot sizes. It ensures that smaller positions are closed first, allowing traders to preserve larger positions.

  5. Optional Push Notifications: Traders can choose to receive push notifications to their MetaQuotes ID when the expert advisor closes positions due to drawdown. This feature can be enabled or disabled through the expert advisor settings.

  6. Customizable Settings: The expert advisor provides customizable settings, including drawdown threshold, partial closure percentage, and notification preferences, allowing traders to tailor the tool to their specific trading strategies and risk preferences.

Usage:

  1. Install the Drawdown Partial Closure Expert Advisor on your MetaTrader 4 platform.
  2. Set your desired drawdown threshold and partial closure percentage in the expert advisor settings.
  3. Enable or disable push notifications according to your preference.
  4. The expert advisor will continuously monitor the drawdown of your trading account and automatically close losing positions when the drawdown threshold is exceeded, helping you manage risk during adverse market conditions.

Note: It is recommended to test the expert advisor on a demo account before using it in live trading to ensure compatibility and effectiveness with your trading strategy.

Telegram: https://t.me/zouz74


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Custom Alerts: Monitora più mercati e non perdere mai un setup importante Panoramica Custom Alerts è una soluzione dinamica per i trader che desiderano monitorare più strumenti da un unico punto centrale. Integrando i dati dei nostri strumenti principali — come FX Power, FX Volume, FX Dynamic, FX Levels e IX Power — Custom Alerts ti avvisa automaticamente degli sviluppi cruciali del mercato, senza dover passare continuamente da un grafico all'altro o rischiare di perdere opportunità importanti
Ultimate Trailing Stop EA
BLAKE STEVEN RODGER
4.33 (15)
Utilità
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overrid
Take a Break
Eric Emmrich
5 (31)
Utilità
The most advanced news filter on MQL market - free demo available Take a Break has transformed from a basic news filter into a comprehensive account protection solution. It seamlessly pauses any other Expert Advisors during news events or based on your custom filters, all while safeguarding your EA settings - restoring them automatically when trading resumes for complete peace of mind. Typical use cases: A single news filter for all your EAs. Stop trading during news/high volatility (+ close all
Hedge Trade
Mothusi Malau
1 (1)
Utilità
️ Hedge Trade — Smart Fixed-Offset Hedging EA Turn adverse moves into controlled recovery cycles. Hedge Trade is a professional-grade MetaTrader 4 Expert Advisor that protects any open trade by automatically placing and managing one intelligent hedge order. It’s built for traders who prefer to open their own base position but want an automated, disciplined hedging system to manage drawdown and capture counter-moves — safely, transparently, and without martingale. Key Features Automatic Hedg
Telegram to MT4 Coppy
Sergey Batudayev
3.75 (8)
Utilità
Da Telegram a MT4: la soluzione definitiva per la copia del segnale Semplifica il tuo trading con   Telegram su MT4   , l'utility all'avanguardia progettata per copiare i segnali di trading direttamente dai canali e dalle chat di Telegram sulla tua piattaforma MetaTrader 4, senza bisogno di DLL. Questa soluzione affidabile garantisce un'esecuzione impeccabile dei segnali con una precisione e opzioni di personalizzazione senza pari, risparmiando tempo e aumentando la tua efficienza. [ Instruction
DFGX Dashboard
Tsvetan Tsvetanov
5 (2)
Utilità
Take your trading to the next level with DFGX - our second generation Dynamic Fibonacci Grid. This new, powerful and easy to use application is specially designed and optimized for contrarian intraday trading, scalping and news trading on the Forex market. This system is the ideal solution for active professional traders and scalpers who are looking for innovative ways to optimize their strategy. The system also provides excellent opportunity for new traders who want to learn to trade in a syste
RedFox Copier Pro
Rui Manh Tien
4.7 (10)
Utilità
Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4 platforms. Users not only can follow all instructions from the signa
Smart Keys Sniper Entry
Stephen Sanjeeve Sahayam
Utilità
Questo gestore commerciale 2 in 1 è l'ideale per il trading di breakout di candele. Può costare in media un'operazione inserendo ulteriori ordini limite sui pullback. Questo ti assicura di ottenere il miglior prezzo su tutte le tue posizioni e un RR più alto sulle tue vincite. Il rischio è calcolato dall'altezza della candela chiusa più di recente. I pulsanti dell'assistente commerciale aiutano a gestire tutti gli ordini inseriti manualmente. Usalo con qualsiasi metodo di inserimento; azione d
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