Drawdown Protector for MT4

he Drawdown Protector EA is a comprehensive risk management and account protection system designed for MetaTrader 5. This advanced Expert Advisor provides automated monitoring and protection of your trading account through multiple safety mechanisms, profit-taking features, and time-based controls. Whether you're a day trader, swing trader, or algorithmic trader, this EA acts as your ultimate safety net and profit guardian

Core Protection Features

Drawdown Protection

  • Max Daily Drawdown %: Automatically closes all trades when your daily losses exceed the specified percentage
  • Max Total Drawdown %: Protects against overall account drawdown from your highest equity peak
  • Real-time monitoring: Continuously tracks your account equity and calculates drawdowns
  • Smart calculation: Daily drawdown resets automatically at the start of each trading day

Profit Protection

  • Max Daily Profit %: Secures daily profits by closing all trades when target is reached
  • Max Total Profit %: Locks in overall profits when your total profit target is achieved
  • Flexible settings: Set to 0 to disable either profit limit if not needed
  • Profit preservation: Prevents giving back hard-earned gains during volatile market conditions

 Time-Based Controls

Day End Close Feature

  • Automatic daily closure: Closes all trades before the trading day ends
  • Customizable time: Set exact time (default 23:55 - 5 minutes before midnight)
  • Risk elimination: Removes overnight gap risk and weekend exposure
  • Perfect for day traders: Ensures no positions are held overnight

Delete Time Feature

  • Scheduled closure: Closes all trades at a specific time you define
  • Flexible timing: Set any time during the day (e.g., 17:00 for London close)
  • Multiple use cases: End trading at market close, before news events, or personal schedule
  • Daily reset: Automatically reactivates for the next trading day

 Manual Controls

One-Click Close Button

  • Instant access: Red button prominently displayed on your chart
  • Emergency closure: Immediately close all positions and pending orders
  • No confirmation needed: Fast execution for urgent situations
  • Always accessible: Button remains visible while EA is active

 Alert System

Multi-Channel Notifications

  • Email alerts: Detailed notifications sent to your email when limits are triggered
  • Push notifications: Instant alerts to your mobile device via MT5 app
  • On-screen alerts: Pop-up alerts directly in MT5 terminal
  • Comprehensive information: All alerts include account details, trigger reason, and current equity status

Alert Triggers

  • Drawdown limits exceeded
  • Profit targets reached
  • Time-based closures executed
  • Manual button closure performed

 Advanced Features

Intelligent Trade Management

  • Complete closure: Closes both open positions AND pending orders
  • Error handling: Robust error checking and retry mechanisms
  • Multi-symbol support: Works across all instruments and timeframes
  • Performance optimized: Minimal CPU usage and fast execution

Smart Monitoring

  • Peak equity tracking: Automatically tracks your highest account equity for drawdown calculations
  • Daily reset functionality: All daily limits reset automatically at start of new trading day
  • Real-time calculations: Instant updates of all percentages and status
  • Visual status display: Comprehensive information displayed directly on your chart

Auto-Trading Controls

  • Trading disable option: Can automatically disable auto-trading when limits are hit
  • Protection persistence: Once triggered, protection remains active until new trading day
  • Manual override: Use the button to close trades even when auto-trading is disabled

 Status Display

Comprehensive Chart Information

The EA displays real-time information directly on your chart including:

Account Information:

  • Current equity amount
  • Daily starting equity
  • Maximum equity reached

Drawdown Status:

  • Current daily drawdown vs. limit
  • Current total drawdown vs. limit
  • Color-coded warnings at 80% of limits

Profit Status:

  • Current daily profit vs. target
  • Current total profit vs. target
  • Progress indicators

Time Settings:

  • Day end close time and status
  • Delete time and status
  • Execution confirmations

Overall Status:

  • Protection trigger status
  • Current monitoring state
  • Warning messages and alerts

    Installation & Setup

    1. Download and Install
    2. Attach to Chart: Drag onto any chart and configure settings
    3. Enable Auto-Trading: Ensure auto-trading is enabled in MT5
    4. Configure Alerts: Set up email/push notifications in MT5 settings
    5. Start Trading: The EA immediately begins monitoring your account

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Trade Manager per aiutarti a entrare e uscire rapidamente dalle operazioni calcolando automaticamente il tuo rischio. Incluse funzionalità che ti aiutano a prevenire l'eccessivo trading, il vendetta trading e il trading emotivo. Le operazioni possono essere gestite automaticamente e i parametri di performance del conto possono essere visualizzati in un grafico. Queste caratteristiche rendono questo pannello ideale per tutti i trader manuali e aiuta a migliorare la piattaforma MetaTrader 4. Suppo
Unlimited Trade Copier Pro
Vu Trung Kien
3.86 (7)
Utilità
Unlimited Trade Copier Pro is a tool to copy trade remotely to multiple MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not b
Trend Line Optimizer
Evgenii Aksenov
4.11 (19)
Utilità
Questo è un ottimizzatore automatico dei parametri per l'indicatore Trend Line PRO Facilmente e rapidamente si selezionerà i parametri ottimali per il vostro indicatore preferito Trend Line PRO.  L'ottimizzazione richiede solo pochi secondi. L'ottimizzatore consente di trovare i migliori parametri per ogni coppia e periodo: Ampiezza, TP1-TP3, StopLoss, nonché i valori per Filtro tempo e filtro HTF nella sezione cronologia selezionata (Giorni)  Per ottimizzare tempi diversi, è necessario un div
Copier4Fee Advanced
Vladimir Tkach
4.75 (16)
Utilità
The utility copies trades from the signal provider accounts (master accounts, one or multiple providers) to unlimited number of receiver accounts (slave accounts).  Attention! Y ou need to use identifiers (Provider number) of the same length if you use several master copiers. For example. 1, 2, 3 or 11, 13, 22. The copying can be set in the opposite direction. The comments with all the recently performed actions are displayed on the screen to monitor the utility actions in slave mode. To avoid p
Auto Stop Loss All Trades MT4
Prafull Manohar Nikam
Utilità
This is a simple utility which will put Automatic Stop Loss and Take Profit. It also has Trailing Stop Loss and Break Even features. The input value of the Stop Loss and Take Profit is in Pips. Whenever you open a trade it will put stop loss and take profit in pips automatically. *If you need a more practical stop loss and take profit for your trades then you may like this ATR based stop loss utility,  Here! Inputs: 1. SL and Trailing SL - This is the Stop Loss value in Pips. Also used as Traili
Fast Copy For Multi Plattform Multi Account MT4
Kaijun Wang
5 (11)
Utilità
Copiatrice->Interazione dell'interfaccia comoda e veloce, gli utenti possono utilizzarla subito       ->>>> Si consiglia di utilizzarlo su computer Windows o VPS Windows Caratteristiche: Impostazioni di copy trading diversificate e personalizzate: 1. È possibile impostare diverse modalità di lotto per diverse fonti di segnale 2. È possibile impostare diverse fonti di segnale per il copy trading forward e reverse 3. I segnali possono essere impostati con commenti 4. Se calibrare il lotto in base
EchoTrade Telegram to MT4 Copier
Perpetual Chinemerem Vincent
5 (2)
Utilità
EchoTrade Telegram to MT5 Copier Seamless, Instant, and Reliable Signal Copying - Direct from Telegram to MetaTrader 4! The product does not run in the strategy tester but you can get free trial version   here  for testing before purchase. Tired of manually executing trades from Telegram signals? EchoTrade automates the process, instantly copying trades from any Telegram channel or group directly into your MT5 account—accurately, efficiently, and without delay. Key Features: Universal Compatib
VirtualTradePad mt4 Extra
Vladislav Andruschenko
4.86 (59)
Utilità
Pannello di trading per il trading in 1 clic.   Lavorare con posizioni e ordini!   Trading dal grafico o dalla tastiera. Utilizzando il nostro pannello di trading, puoi fare trading con un clic dal grafico ed eseguire operazioni di trading 30 volte più velocemente rispetto al controllo MetaTrader standard. Calcoli automatici di parametri e funzioni che semplificano la vita di un trader e lo aiutano a condurre le proprie attività di trading in modo molto più rapido e conveniente. Suggerimenti gra
The News Filter
Leolouiski Gan
5 (25)
Utilità
Questo prodotto filtra tutti gli esperti consulenti e i grafici manuali durante il periodo delle notizie, così non dovrai preoccuparti di improvvisi picchi di prezzo che potrebbero distruggere le tue impostazioni di trading manuali o le negoziazioni effettuate da altri esperti consulenti. Questo prodotto viene fornito anche con un sistema completo di gestione degli ordini che può gestire le tue posizioni aperte e gli ordini in sospeso prima della pubblicazione di qualsiasi notizia. Una volta che
Riskless Pyramid
Snapdragon Systems Ltd
5 (1)
Utilità
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
Shepherd Safety EA
AW Trading Software Limited
4.92 (13)
Utilità
The work of the utility is directed at opening new market orders, maintaining them, transferring the unprofitable orders into profit using an internal loss handling algorithm, trend filtering and various types of trailing stop and take profit. Suitable for any instruments and timeframes. The algorithm works separately for buys and sells, which allows simultaneously working in both directions as well. For the event when the additional orders opened by the utility do not become profitable, a StopO
Strategy Builder plus Optimizer by RunwiseFX MT4
Runwise Limited
5 (4)
Utilità
Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-up
PZ Trade Pad Pro MT4
PZ TRADING SLU
5 (2)
Utilità
Effortlessly calculate lot sizes and manage trades to save time and avoid costly errors The Trade Pad Pro EA is a tool for the Metatrader Platform that aims to help traders manage their trades more efficiently and effectively. It has a user-friendly visual interface that allows users to easily place and manage an unlimited number of trades, helping to avoid human errors and enhance their trading activity. One of the key features of the Trade Pad Pro EA is its focus on risk and position manageme
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Drawdown Protector MT5
Maros Petrik
Utilità
The Drawdown Protector EA is a comprehensive risk management and account protection system designed for MetaTrader 5. This advanced Expert Advisor provides automated monitoring and protection of your trading account through multiple safety mechanisms, profit-taking features, and time-based controls. Whether you're a day trader, swing trader, or algorithmic trader, this EA acts as your ultimate safety net and profit guardian Core Protection Features Drawdown Protection Max Daily Drawdown % : Aut
RangedBrakeout
Maros Petrik
Experts
Introduction Range breakout trading is one of the most reliable strategies in forex trading, capitalizing on the natural tendency of markets to consolidate before making significant moves.RangeD Breakout takes this classic concept and enhances it with modern risk management techniques and intelligent filtering systems. Unlike many breakout strategies that focus on intraday ranges, this EA specifically targets daily ranges, which tend to be more reliable and less prone to false breakouts. The str
Trend Sniper Pro
Maros Petrik
Experts
Introducing  Trend Sniper Pro. Its Range Breakout sýstem developer to catch daily trend of the market No  Martingale,  No  Grid , No Averaging, No AI Current Price: $99--> (Next price $149) Live Signals - Link  (FusionMarkets) Live Signals - Link  (ICMarkets)       FEATURES RangeFilter,Trading Hours,Take Profit,Trailing Stoploss Option to use Fixed Lots or Risk % Trading on USDJPY Note:  Its very important to use  RAW, ECN or Zero SPREAD  accounts for best results! ICTrading  or ICMarkets the
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