Risk management discipline forced

MT5 version here: https://www.mql5.com/en/market/product/89113

Hello traders,

I believe you all know that risk and money management along with psychology are the keys to success in trading. No matter how strong one’s strategy is, without these 3 criteria they will always face losses in the long run.
I have created an EA to control our human behaviors. This EA will force us to be discipline exactly the way you will set. For examples,
1. If you set the maximum trades in a day= 3. You won’t be able to take any more trades in that day if you have already taken 3 entries,
2. If you set the maximum lot size for a particular instrument like GBPUSD=0.5 lot, you won’t be able to trade with bigger lot than 0.5, (You can set the maximum lot for every single pair/instrument independently since not all forex pair/indices/equities/shares don’t have same pip value), Different broker has different prefix or suffix for currency pair so you need to insert the name matched to your broker which is shown in the screenshot.

3. Maximum trades in 30 minutes and 240 minutes to make sure that you can't enter twice to increase you lot size. 

4. Maximum loss for a single trade= any amount which you want to set your SL at. If you want to risk 100$ per trade you can set it here and it will close the trade if it's losses goes to 100$. This will help you to hide your SL from broker and in case if you forget to put your SL.

4. You can set the maximum loss in a day based on account percentage and if it hits the maximum loss in that day, it will close all positions and won’t allow you opening anymore trade on that day.

5. You can set a maximum profit target for a single instrument and it will close that trade once that single trade hits the profit target, it won’t interfere any other opened trades.

6. Allow trading in Saturday/Sunday/Monday etc. to control you trading days. If in a particular day it is false then it won't allow any trading on that day.
I believe if one can control these 5 things below, they can be profitable with almost every strategy:
1. Over lot,
2. Over trading,

3. Letting losses run,

4. Not using SL

4. Not taking profit even after enough RR.

My EA will ensure that you won’t be able to do any of the those above and I can guarantee you that you will make money in the long run as money management is the key to success in this world.

  • Because of the nature of the EA, this EA cannot be tested in strategy tester.
  • There is an extra input which has to be maintained as described in the screenshots.
  • You can run the EA in one chart and it will work in all pairs or instrument.
  • It is impossible to disable manual trade. So, the EA will close the trade immediately if it's open against your set rules in the EA.

MT5 version here: https://www.mql5.com/en/market/product/89113

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Segnale in diretta:   https://www.mql5.com/en/users/varkotechnologies/seller Versione MT5:   https://www.mql5.com/en/market/product/164203 Tempistiche:       M1 Coppia di valute:       XAUUSD Gold Safe EA Manual: https://www.mql5.com/ru/blogs/post/770312 Varko Technologies   non è un'azienda, è una filosofia di libertà. Sono interessato a una collaborazione a lungo termine e alla costruzione di una solida reputazione. Il mio obiettivo è migliorare e ottimizzare costantemente il prodotto per ad
WallStreet Recovery PRO
Lachezar Krastev
5 (2)
ULTIMATE SALE! Get WallStreet Recovery PRO with a huge –60% discount ! Special Ultimate Sale Price: $177 (Regular Price: $447 — You Save $270!) Live Results:   https://www.mql5.com/en/signals/2331815 WallStreet Recovery PRO is a powerful FULLY automated trading system built on the legendary WallStreet Forex Robot core — one of the most popular and time-proven expert advisors in the world. It combines the reliable WallStreet trading logic with an enhanced, intelligent trade management system,
EA Game Changer
Vasiliy Strukov
4.33 (12)
Game Change EA è un sistema di trading trend following basato sull'indicatore Game Changer. Vende automaticamente ogni volta che si forma un punto rosso e continua nella direzione di vendita fino alla comparsa di una X gialla, che segnala una potenziale fine del trend. La stessa logica si applica alle operazioni di acquisto. Quando appare un punto blu, l'EA inizia ad acquistare e chiuderà il ciclo di acquisto non appena viene rilevata una X gialla. Questo EA è adatto a qualsiasi coppia di valute
Goldbot One MT4
Profalgo Limited
5 (5)
PROMOZIONE DI LANCIO: Ne sono rimaste solo poche copie al prezzo attuale! Prezzo finale: 990$ NOVITÀ: acquista Goldbot One e scegli 1 EA gratis!! (per 2 account commerciali) UNISCITI AL GRUPPO PUBBLICO:   Clicca qui   Offerta Combo Ultimate     ->     clicca qui LIVE SIGNAL Vi presentiamo     Goldbot One   , un robot di trading altamente sofisticato progettato per il mercato dell'oro. Concentrandosi sul breakout trading, Goldbot One sfrutta sia i livelli di supporto che quelli di resistenza p
Trend Catcher Exp
Ramil Minniakhmetov
5 (2)
Trend Catcher EA analizza i movimenti dei prezzi di mercato utilizzando indicatori di analisi del trend adattivi, proprietari e personalizzati dall'autore. Identifica la vera direzione del mercato filtrando il rumore di breve termine e concentrandosi sulla forza del momentum sottostante, sull'espansione della volatilità e sul comportamento della struttura dei prezzi. Combinando le capacità di smoothing e di filtraggio del trend di indicatori personalizzati come medie mobili, RSI e filtri di vol
Multi Sniper mq
DMITRII GRIDASOV
5 (3)
MULTI SNIPER EA è un sistema di trading automatico preciso con una precisione di circa il 90% per la piattaforma MT4. Questo EA di scalping redditizio è davvero uno dei sistemi più stabili attualmente sul mercato.   No grid! No martingale! È un prodotto originale offerto solo su questo sito web MQL5. Scarica EA Set_files per test e trading:   GBPAUD Set_file   GBPCAD Set_file - Implementato il metodo dell'interesse composto e tecniche di scalping. - Il sistema imposta automaticamente uno SL d
Pattie Breakout ORB EA
Patrick Jeannot
4.75 (4)
Pattie Opening Range Breakout (ORB) is a range of price variation, which for each session, it generates a combination of support and resistance levels, positioning itself in favor of breaking out of the bands, when it is exceeded on the upside is a signal to buy or enter long and when it is exceeded on the downside it is a signal to sell or enter short. Pattie Break Out  EA  is a specialized trading tool designed to automate  time session-based breakouts . The EA operates by drawing a price rang
One Gold MT4
Stanislav Tomilov
4.68 (19)
Presentazione di One Gold EA, un sofisticato robot di trading per l'oro sulla piattaforma Meta Trader, sviluppato per assistere i trader con analisi di mercato avanzate. La nostra tecnologia proprietaria sfrutta reti neurali e algoritmi basati sui dati per analizzare i dati storici e in tempo reale del mercato dell'oro, fornendo informazioni che possono aiutare nel processo decisionale. A differenza delle tradizionali strategie manuali, One Gold EA opera con un intervento minimo, semplificando i
Forex GOLD Investor
Lachezar Krastev
4.39 (51)
PROMOTION - 70% OFF - Today ONLY! Get Forex GOLD Investor with a huge –70% discount ! Special Price: $167 (Regular Price: $547 — You Save $380! ) Don't miss out on getting this amazing gold trading advisor at such a low price. The price will increase tomorrow! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 3 trading systems . The first one is based on scalping trading strategy, the second system ha
Trust EA MT4
Konstantin Kulikov
5 (1)
Trust EA   is a real trader's tool, working on a clear principle, with its advantages and disadvantages, so it will not suit everyone, but for some users it can become the best trading robot. * Limited special offer - 50% off the full price of the product. Only 5 copies at this price. The final price is 997$ * Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Logic I have been working with algorithmic trading systems since 2015, and in my experience, systems with
Altri dall’autore
MT4 Version here: https://www.mql5.com/en/market/product/89114 For Deriv Synthetic indices MT5:  https://www.mql5.com/en/market/product/95814  Hello traders, I believe you all know that risk and money management along with psychology are the keys to success in trading. No matter how strong one’s strategy is, without these 3 criteria they will always face losses in the long run. I have created an EA to control our human behaviors. This EA will force us to be discipline exactly the way you will s
This EA is for only Deriv Synthetic indices.  Forex MT4 Version here:   https://www.mql5.com/en/market/product/89114 Forex MT5 version here:  https://www.mql5.com/en/market/product/89113 Hello traders, I believe you all know that risk and money management along with psychology are the keys to success in trading. No matter how strong one’s strategy is, without these 3 criteria they will always face losses in the long run. I have created an EA to control our human behaviors. This EA will force u
The Fortress: Ultimate Discipline & Risk Manager: "The Holy Grail of trading isn't a strategy—it's Discipline." Every trader knows the feeling: you have a great plan, but then  emotion takes over. You over-leverage, you revenge trade after a loss, you move your Stop Loss, or you "change your mind" about a pair mid-day. The Fortress was created to solve the "Human Element." It is not a signal generator; it is a  Hard-Rule Execution Manager. It acts as a digital supervisor that monitors your accou
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BLKBULL
31
BLKBULL 2023.03.30 03:35 
 

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Md Rubel Islam
614
Risposta dello sviluppatore Md Rubel Islam 2023.03.30 06:44
Thanks, as a human we will always be emotional and this EA may ensure that we don't take decision based on emotions.
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