Multi Strategy Drawdown Monitor MT4

Multi-Strategy Drawdown Monitor is a tool for monitoring and controlling multiple trading strategies on a single MT4 account.

It does not trade.
It analyzes your existing EAs using Magic Numbers and gives you full control over drawdown, performance, and reporting.


3 Main Actions

1. Drawdown Alert System (Automatic)

·        Continuously monitors each strategy

·        Calculates real drawdown (peak-to-valley)

·        When a strategy exceeds its Max Drawdown (account currency):

o   An alert is triggered

o   A full email report is automatically sent

o   The triggered strategy is clearly highlighted


2. Manual Report (On-Demand)

·        Generate a full email report anytime using the on-chart button

·        Instant snapshot of all strategies’ performance


3. Monthly & Cumulative Reports (Automatic)

·        Sent automatically at the start of each new month

·        Includes:

o   Monthly Report → previous month performance only

o   Cumulative Report → performance from each strategy start date up to the end of the previous month


Email Reports (Always Included)

All reports, automatic or manual, are sent in both formats:

·        Text (CSV-style) → for Excel or data processing

·        HTML (formatted table) → for easy reading


Metrics Provided (Per Strategy)

·        Drawdown (account currency)

·        Max Drawdown threshold

·        Net Profit

·        Wins / Losses

·        Win Rate (%)

·        Total Trades

·        Consecutive win/loss series


How to Use

1. Set the Check Interval

·        CheckIntervalSeconds → defines how often it checks drawdown and performance

·        Minimum: 60 seconds

·        Recommended: 300–3600 seconds or higher, depending on trading activity and account load

 

2. Configure Your Strategies
For each strategy slot (S01 → S50), set:

·        Name → any label (e.g. “Scalper EURUSD”)

·        Magic Number → must match your EA

·        Start Date (optional) → format: YYYY.MM.DD

o   If empty → all history is used

·        Max Drawdown (account currency)

o   If 0 → monitoring disabled

⚠️ A strategy is active only if Name AND Magic Number are set


3. Attach EA to Chart

·        Works on any chart / timeframe

·        Make sure:

o   AutoTrading is enabled

o   Email settings in MT4 are configured


Reports Overview

It generates three types of reports:

·        Drawdown Alert Report → triggered when DD is exceeded

·        Manual Report → generated via button

·        Monthly & Cumulative Reports → sent automatically each month

At the start of each new month, the EA sends:

·        Monthly Report (Text + HTML)

·        Cumulative Report (Text + HTML)

 

Report Color Legend

·        Green → Profitable strategy

·        Red → Losing strategy

·        Yellow → Strategy that exceeded drawdown threshold

·        White → No trades have been triggered yet


Key Features

Multi-strategy monitoring via Magic Number
Individual start date per strategy
Configurable drawdown limits
Smart alert system (no repeated alerts for same DD level)
Accurate drawdown calculation
Lightweight and efficient (timer-based)
Works with any Expert Advisor
Extremely easy to use

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In the current version this filter will only work with my   night scalpers and the EA Profitection Filter  or with other EAs that utilize the global variables set by this EA.  An MT5 version is availalble   here .  Many scalpers these days have a "normal" news filter, which filters calendar news such as interest rate decisions or CPI releases.  However, this breaking news filter is able to filter non-standard breaking news. It will check every minute for news and if it finds a news event, it w
Trade Manager MT4 DaneTrades
Levi Dane Benjamin
4.09 (11)
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
Coppy Master MT4
Sergey Batudayev
4 (3)
Copy Master MT4       è uno strumento di copia delle transazioni per i terminali MetaTrader 4 e MetaTrader 5. Supporta la copia in entrambe le direzioni: da MT4 a MT5, da MT5 a MT4, nonché tra conti dello stesso tipo MT4 a MT4. Per funzionare correttamente, tutti i terminali devono essere in esecuzione sullo stesso PC o VPS. [ Instruction  and Demo ]  Per la copia su MetaTrader 4, una versione separata —       Copy Master MT5       - è obbligatorio. Caratteristiche principali: Modalità di copia
Exp4 Duplicator
Vladislav Andruschenko
4.5 (22)
Duplicator per MetaTrader 4 — sistema professionale di duplicazione di operazioni e ordini all'interno di un solo terminale Un Expert Advisor potente pensato per i trader che vogliono duplicare automaticamente operazioni già aperte, aumentare il volume, applicare la propria logica sui lotti e gestire i duplicati con regole precise. È uno strumento pratico per il trading manuale, per i sistemi automatici e per la gestione flessibile di posizioni già presenti nel terminale. Duplicator non apre op
CloseIfProfitorLoss with Trailing
Vladislav Andruschenko
4.87 (31)
Close If Profit or Loss with Trailing per MetaTrader 4 — chiusura automatica per profitto totale o perdita totale Un’utilità pratica per MetaTrader 4 che chiude automaticamente le posizioni quando il profitto totale o la perdita totale raggiunge il livello impostato. L’Expert Advisor monitora le operazioni aperte, calcola il risultato flottante, può usare Trailing Profit e aiuta a gestire le posizioni più rapidamente rispetto a una reazione manuale. MetaTrader 4 è ancora molto utilizzato da tra
DrawDown Limiter MT4
Haidar Lionel Haj Ali
5 (8)
Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
Trade Dashboard MT4
Fatemeh Ameri
4.96 (54)
Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
Altri dall’autore
Multi-Strategy Drawdown Monitor is a tool for monitoring and controlling multiple trading strategies on a single MT5 account. It does not trade. It analyzes your existing EAs using Magic Numbers and gives you full control over drawdown, performance, and reporting. 3 Main Actions 1. Drawdown Alert System (Automatic) ·         Continuously monitors each strategy ·         Calculates real drawdown (peak-to-valley) ·         When a strategy exceeds its Max Drawdown (account currency): o    An alert
Offerta speciale di lancio! Ottieni il Risk Control Panel a $30 — offerta a tempo limitato. Per favore, se ti piace questa utility, lascia una recensione, ci aiuta a creare più strumenti come questo. Il Risk Control Panel fornisce una gestione precisa del rischio di trading direttamente dal grafico. Imposta il rischio nella valuta del conto e lo strumento calcola automaticamente la dimensione del lotto appropriata in base alla distanza dello Stop Loss, garantendo una funzionalità coerente di c
Free for a limited time, grab it now! Please, if you like this utility, leave a review, it helps us build more tools like this. Many retail traders fail because they enter trades when a market session is already "exhausted." Session Monitor gives you the context you need by comparing current price movement against historical session averages. The utility calculates the absolute range (the distance between the highest and lowest price reached) during the session.   It is a MT5 utility that trac
FREE
Gold Quant Portfolio EA è un sistema di trading quantitativo diversificato per XAUUSD costruito attorno a 8 strategie indipendenti (5 long e 3 short) combinate in un unico portafoglio. Queste non sono semplici variazioni di parametri dello stesso sistema. Ogni strategia utilizza una logica diversa e differenti comportamenti di mercato, consentendo al portafoglio di adattarsi a molteplici condizioni e cicli di mercato. Combinando vantaggi indipendenti, il sistema mira a ridurre il drawdown, ren
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