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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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
If you need an advisor on any arrow indicator signals - this utility will definitely help you.  You will be able, with the help of this utility to form an unlimited number of EAs on YOUR signals , with your set of settings, with your copyright and complete source code . You will be able to use the resulting EAs unlimitedly , including adding them to the Market and other resources. Free simple version of the generation script to help you understand how it works - here What does the utility do? 
Take a Break
Eric Emmrich
5 (31)
News filter, equity guard & session control for all your EAs — one tool, full protection Take a Break has evolved from a basic news filter into a comprehensive account protection solution . It pauses your other Expert Advisors during news events or based on custom filters. When trading resumes, it automatically restores your entire chart setup , including all EA settings. Why traders choose Take a Break One news filter for all your EAs — no more relying on individual built-in filters that may o
Edge Zone EA
FXsolutions
5 (1)
With this Expert Advisor you will follow the sound trading principle Buy Low and Sell High by default ! And you can do that even with a normal day job . You will be even able to trade on lower timeframes which you could never do without such an Expert Advisor. And the best thing is that you are in control! You can tell the Edge Zone EA where it has to enter and where it has to exit. And you can do that even many hours before the trade will occur . This EA is therefore an excellent assistant for
MultiOrder Assistent V3.0   - Your professional trading assistant for MetaTrader 4 The  MultiOrder Manager  is a powerful trading tool designed to optimize your trading while managing risk efficiently. With intuitive features and a user-friendly interface, this Tool is ideal for traders who want to manage multiple orders simultaneously without losing track.   Symbols: FX pairs, gold and cryptocurrencies Here you get a detailed description of the parameters and functions Manual     Features and
News Filter EA MT4
Rashed Samir
5 (9)
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
Copy Master mt4
Evgenii Aksenov
5 (5)
Questa utility ti permetterà di copiare qualsiasi transazione da un terminale con L'impostazione Master ad altri terminali con L'impostazione Slave Allo stesso tempo, puoi scegliere quali coppie copiare, impostare la dimensione dell'ordine copiato su più parametri. Impostare il limite di perdita di prelievo o copiare solo le operazioni redditizie È possibile copiare le transazioni da MT4 o MT5 a MT4 o MT5 di altri broker Ora non sarà difficile copiare i segnali di qualsiasi esperto che lavor
Altri dall’autore
Special Launch Offer! Get the Risk Control Panel for $30 — limited time offer. Please, if you like this utility, leave a review, it helps us build more tools like this. The Risk Control Panel provides precise trade risk management directly from the chart. Set your risk in account currency, and the tool automatically calculates the appropriate lot size based on Stop Loss distance, ensuring consistent position size calculator functionality without manual calculations. The interactive panel allow
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
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
MT5 MarketPlanner EA + 1-Month FREE OndoSeason Scanner MT5 MarketPlanner EA è una soluzione professionale di trading automatizzato per MetaTrader 5, progettata per eseguire strategie basate su regole con precisione e coerenza. Non è necessario essere esperti di stagionalità. Forniamo sia lo strumento di ricerca sia il sistema di esecuzione. Dalla Ricerca all’Esecuzione — Completamente Automatizzato Con MT5 MarketPlanner EA puoi: Pianificare automaticamente le operazioni → Risparmia tempo e non p
Special Launch Offer! Get the Risk Control Panel for $30 — limited time offer. Overview TwinEdge Hedging Pairs Trading EA is an advanced trading system designed to profit from price imbalances between two correlated instruments. By combining pairs trading, spread trading, and statistical arbitrage techniques, the EA automatically opens hedged positions on two symbols, aiming to capture mean reversion while reducing overall market exposure. This system does not rely on market direction. Instead,
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