MNFM Equity Protection MT5

MNFM Equity Protection MT5

An account-wide equity monitoring and liquidation utility. It does not open trading positions and does not generate trading signals.

Choose two percentage thresholds from the dashboard: when protection becomes armed, and when liquidation is requested. The default is to arm after 30% equity growth above cumulative deposits and request liquidation if equity returns to the deposit baseline. Immediate activation and negative thresholds are available. The action threshold must be below the activation threshold; immediate activation permits an action threshold of zero or below.

Capital is the sum of positive balance operations in the accessible account history, excluding broker credit and trading profit. Positive balance adjustments may therefore count as deposits. Withdrawals do not reduce this baseline and can trigger protection. Complete history is required. Missing or inconsistent deposit history blocks activation and displays a warning; zero values while history is incomplete must not be interpreted as confirmed account statistics.

When triggered, the utility closes other charts in this terminal to stop their attached Expert Advisors, deletes pending orders and requests closure of all account positions across all symbols and magic numbers. It keeps its own chart open and retries outstanding liquidation requests. This also closes analysis charts. It cannot stop trading from another terminal, device, mobile app or external copying service.

The dashboard shows deposit capital, balance, equity, growth, trading cash flows, floating results, exposure and protection state. Broker credit is excluded from protection equity. On MT4, trading statistics include profit, commission and swap. On MT5, booked trading statistics include deal profit, commission, swap and fees, including entry charges; floating results are position profit and swap.

Activation and trigger state persist across restarts. Settings lock after activation. Manual reset requires no open positions or pending orders and two confirmation clicks; it restores the default thresholds.

Attach one instance to a chart, allow automated trading, load complete account history and keep the terminal running and connected. The SlippagePoints input defaults to 30 broker points, not pips. Test on a demo account before live use.

Limitations: this is a software-controlled liquidation request, not a guaranteed stop or capital guarantee. Disconnection, disabled trading, a closed market, gaps, slippage, broker rejection or insufficient liquidity can delay execution or cause a larger loss. No DLL is required. MT5 supports hedging and netting positions.

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