DrawDownControl

This Expert Advisor is designed to control drawdown by the symbol it is set to.

The Expert Advisor does not carry out trading operations on opening positions, only closing open positions on the symbol on which it is set under certain conditions!

There are three drawdown levels implemented in the Expert Advisor.

The drawdown size for each level is set in the input parameters and the profit size is assigned (it can be either positive or negative), upon reaching which the ADVISER will close all positions on this symbol.

There is no binding by magic number, the drawdown is controlled for all positions of this symbol, regardless of how the positions are opened (manually or by an outside expert).

The ADVISER has an information board in which the drawdown level is currently active is highlighted in color.

Important! if the second drawdown level has been activated (highlighted in color in the information board) and then the drawdown has decreased below the value specified in the second level (to the first level), then the closing of all positions according to the symbol on which the Expert Advisor is installed will occur at a profit that corresponds to the second drawdown level.

If the third drawdown level has been activated (highlighted in color in the information board) and then the drawdown has decreased to the second or first level, the profit will be closed at the profit corresponding to the third drawdown level.

WHEN THE DRAWDOWN DECREASES FROM THE HIGHEST LEVEL TO THE LOWEST, POSITIONS ARE CLOSED AT THE MAXIMUM ACTIVATED DRAWDOWN LEVEL!
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Forex EA Trading Channel on MQL5:  Join my MQL5 channel to update the latest news from me.  My community of over 14,000 members on MQL5 . ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. EA will be sold in limited quantities to ensure the rights of all customers who have purchased. - REAL SIGNAL  Default Setting:  https://www.mql5.com/en/signals/2329380 AI Gold Sniper applies the latest GPT-4o model (GPT-4o by OpenAI) in XAU/USD trading designed based on a
Range Breakout EA MT4
BM Trading GmbH
5 (2)
Unlike many other programs in the mql5 market this is a REAL day trading strategy. It does not use any martingale or grid functionalities and follows a logical concept. The Range Breakout Expert Advisor can be used to trade time ranges. The market often finds its direction in the morning hours and then follows this trend for the day. This expert advisor is designed to trade these trends after the morning breakout. Still you can trade all sorts of time breakouts with this program.  I use the stra
Bitcoin Robot MT4
MQL TOOLS SL
4.69 (64)
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
EA Black Dragon
Ramil Minniakhmetov
4.76 (556)
EA Black Dragon funziona con l'indicatore Black Dragon. L'EA apre uno scambio in base al colore dell'indicatore, quindi è possibile aumentare la rete di ordini o lavorare con uno stop loss. IMPORTANTE! Contattami subito dopo l'acquisto per ricevere istruzioni e un bonus! Il monitoraggio del lavoro reale, così come i miei altri sviluppi, possono essere visualizzati qui: https://www.mql5.com/en/users/mechanic/seller Tutte le impostazioni possono essere trovate qui! Parametri in entrata: ·
Dark Gold
Marco Solito
4.73 (90)
Dark Gold  is a fully automatic Expert Advisor for  Scalping   Trading on Gold , Bitcoin , Eurusd and Gbpusd. This Expert Advisor needs attention, in fact presents highly customizable. Dark Gold is based on   Dark Support Resistance indicator   (owning it is not necessary) , these Trades can be manage with some strategies. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get Dark Support Resistance indicator for Free , for More info contact me The basic strategy st
LAUNCH PROMO Limited stock at the current price! Final price: $1999 --> PROMO: From $299 --> Tomorrow’s price: $399 Stratos Mistral is a robust forex trading robot designed for traders who value reliability, simplicity, and professional-grade performance. Powered by a proven combination of ADX, Moving Average, and High/Low Level indicators, Stratos Mistral delivers high-quality signals and fully automated trading on the M15 timeframe. It features a robust, pre-optimized configuration, ensuri
BB Scalping
Vasiliy Strukov
5 (1)
BB Scalping Expert è il mio ultimo, potente capolavoro di breakout/scalping e non-martingala per fare trading sull'oro con precisione! Questo sistema sfrutta i breakout utilizzando la combinazione delle bande di Bollinger e dell'indicatore a zig-zag. Vengono piazzati più ordini pendenti al massimo e al minimo delle bande di Bollinger; quando si attiva, viene attivato un trailing stop che segue il prezzo di breakout fino a quando gli ordini non vengono fermati. L'EA utilizza l'indicatore a zig-za
Altri dall’autore
The statistical indicator for the metatrader 5 TradingStatisticPro collects statistical data on your trade, which makes it easier to assess the effectiveness of trading, the profit received and the risks. The indicator is compactly placed in the corner of the main chart of the terminal and displays the following information: 1. The profit earned. 2. Maximum drawdown. 3. The recovery factor. 4. Profit factor. 5. The ratio of profitable and unprofitable transactions (winrate). 6. Average profit a
FREE
The statistical indicator for the metatrader 5 TradingStatisticPro collects statistical data on your trade, which makes it easier to assess the effectiveness of trading, the profit received and the risks. The indicator is compactly placed in the corner of the main chart of the terminal and displays the following information: 1. The profit earned. 2. Maximum drawdown. 3. The recovery factor. 4. Profit factor. 5. The ratio of profitable and unprofitable transactions (winrate). 6. Average profit a
FREE
LotControl
Andrey Shvecov
Данный советник предназначен для контроля просадки по символу, на который он установлен. В работу советник вступает когда открыта позиция тем объемом (лотом), который указан в настройках советника. Советник не осуществляет торговых операций по открытию позиций, только закрытие открытых позиций по символу, на который он установлен при соблюдении определенных условий! В советнике реализовано три уровня работы. Каждый уровень привязан к конкретному магическому номеру.  В настройках советника необхо
FREE
An expert of the indicator type. To determine the entry point into the market, the expert can use the indicators of four indicators. Two indicators are standard, they are available in any MT4 terminal and two custom indicators that can be downloaded from the link . These indicators just need to be placed in the \MQL4\Indicators folder. All four indicators can be used to determine the entry point, as well as each indicator individually. The settings of all indicators are included in the Expert'
PackTrading
Andrey Shvecov
Fully automatic indicator - type trading expert . Entry into the market is based on the signals of two indicators . A distinctive feature of this expert Advisor is that it is possible to enter the market both as single positions and as a Pack of positions at the entry point . Entering with a bundle of positions makes it possible to " spread out " the entry point a little and allow several positions and bundles to enter the market at a more favorable price if the price goes against the direction
A simple indicator showing the size of the spread at the current time, the maximum for the day and the maximum for the entire duration of the indicator. Daily statistics of the maximum spread are also displayed, indicating the time when this spread was fixed. The location of the display of the received information can be changed depending on your preferences and positioned anywhere on the screen. It is possible to output alerts about exceeding the size of the spread specified in the input pa
FREE
A simple indicator showing the size of the spread at the current time, the maximum for the day and the maximum for the entire duration of the indicator. Daily statistics of the maximum spread are also displayed, indicating the time when this spread was fixed. The location of the display of the received information can be changed depending on your preferences and positioned anywhere on the screen. It is possible to output alerts about exceeding the size of the spread specified in the input pa
FREE
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