DD Stopper
- Utilità
- Michail Manelidis
- Versione: 1.0
🛑 DD Stopper for MT4 | Protect Your Account from Excess Drawdown
DD Stopper is a lightweight and powerful risk management utility for MetaTrader 4 that automatically closes all trades when your account drawdown reaches a defined amount in USD.
Protect your capital. Trade with discipline. Eliminate emotional decisions.
🔧 What This Tool Does
DD Stopper continuously monitors your account and:
- Tracks real-time drawdown (Balance vs Equity or floating loss)
- Closes all open trades instantly when the limit is reached
- Deletes all pending orders (optional)
- Prevents further losses by keeping the account flat (optional)
This tool acts as your last line of defense against unexpected losses.
⚙️ Key Features
✔ Set maximum drawdown in USD
✔ Works with Balance-Equity or Floating Loss calculation
✔ Closes ALL trades across the account
✔ Optional: manage only specific symbol or Magic Number
✔ Deletes pending orders automatically
✔ Retry logic for reliable execution
✔ Alert notification when triggered
✔ Lock mode to prevent new trades after stop
📊 How Drawdown Is Calculated
Choose between two methods:
1. Balance - Equity (Recommended)
Drawdown = Account Balance − Account Equity
2. Floating Loss Only
Calculates total loss from open positions
🧠 Why You Need This
- Protect funded accounts / prop firm rules
- Prevent account wipeouts
- Control maximum daily or total risk
- Avoid emotional overtrading
- Essential for EA users
⚙️ Recommended Settings
For full account protection:
- MaxDD_USD = 100 (example)
- UseBalanceEquityDD = true
- IncludePendingOrders = true
- OnlyCurrentSymbol = false
- MagicNumberFilter = -1
- LockAfterTrigger = true
⚠️ Important Notes
- MT4 does NOT allow disabling the AutoTrading button programmatically
- This EA closes trades but cannot stop other EAs from opening new ones
- Use “LockAfterTrigger” to continuously close new trades if needed
- For best results, remove or pause trading EAs after trigger
