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DrawDown Limiter

11 acquisti al mese

69 USD

Versione demo scaricata: 187

Pubblicato: 31 dicembre 2022

Versione attuale: 3.9

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Panoramica
Recensioni (19)
Commenti (5)
Novità

DrawDown Limiter

Utilità
Haidar, Lionel Haj Ali
Versione: 3.9
Aggiornato: 4 marzo 2024
Attivazioni: 10

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 EA automated trader, and I developed this utility to help me respect this rule, and I am proposing it here to help you too. This EA is ideal for protecting your balance if you are trading manually, via copy trading, or EA trading with a prop firm or on your own.

DrawDown limiter will help you in:

Tracking the account drawdown
Tracking the daily trader drawdown
Prevent you from overtrading by limiting open position
Alert you when you are taking high-risk trades
Tracking your EA portfolio one by one
And the most important is protecting your account from breaching the drawdown and overtrading threshold.

The expert advisor’s essential nction is to monitor all the activities on the account, if it was a manual or automated trade by another expert advisor. In two clicks you can configure it. And once on your chart, you will first notice a "Traffic Lights" on your screen. It's "Traffic Lights" feature will keep you informed about the KPI in a simple graphical manner. The position and style of the traffic lights can is super customizable to match your chart's style.

"Draw Down Limiter" is designed to respect the major prop firm rules. The EA is compatible with FTMO and My Forex Funds. Please check how on this blog: FTMO rules compatible EA: DrawDown Limiter. If you are trading from the USA and you have FSA regulations to respect, DrawDown Limiter is compatible with the NFA FIFO rule. Please check the following blog for details: DrawDown Limiter compliance with NFA Rule 2-43b FIFO rule.

If you are interested to get a FREE EA that automatically toggle "Algo Trading" ON and OFF based on your drawdown, don't hesitate to contact me once you purchase DrawDown limiter to share it with you for free.

Need help or have questions? Check DrawDown Limiter User Guide

I am Lio, don't hesitate to reach out! We are always available to respond, help, and improve.

altro...

112

royhimself2 2024.03.08 14:01 #

This is the #1 product if you are trading propfirms. Must have!

yitro.forex 2024.01.23 22:56 #

Used for 4 month and its been great. ITS VERY SIMPLE TO USE. The number of customizations is great. Great customer support. A+++++

staylor2233 2023.12.13 23:32 #

This EA has already protected a small account, which otherwise would have tanked. Its running on all accounts now, and I sleep well.

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The product will copy all Discord signal to MT5 ( which you are member ) , also it can work as remote copier. Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT5. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade

199 USD

Il toolkit di azione sui prezzi EA è progettato principalmente per scalper, ma può essere utilizzato in tutti i periodi di tempo per entrare rapidamente nel mercato con il dimensionamento del lotto calcolato correttamente in base al livello di stop. ordini) e quindi regola gli stop e i take profit man mano che il mercato si muove. Per un elenco completo di tutte le funzionalità, le impostazioni e la strategia di best practice da utilizzare, fare clic qui: https://www.mql5.com/en/blogs/post/

99 USD

FREE SIGNAL CHANEL: https://t.me/redfox_daily_forex_signals Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To MT5 performs the trades for you. In other words, Our Telegram MT5 Signal Trader will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT5 account. Reduce The Risk Telegram To Mt5 defines the whole experience of copying signals from Telegram signal copier to MT5 pl

149 USD

FVG EA PRO is a must-have smart money concept EA, highly customizable and using advanced techniques of FVG "Fair Value Gap" and market structure to capture high probability trades. It is highly configurable, you can build various strategies based on market structure and FVG as entry criteria. FVG EA PRO can be used to trade Kill Zones and Silver Bullet Windows. It is fully compatible with swing trade strategies. It contains all the functionalities needed by any successful traders to automa

249 USD

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

69 USD

ICT Silver Bullet If you are searching for a reliable indicator to trade the ICT Silver Bullet concept, or ICT concepts, Smart Money Concepts, or SMC, this indicator will respond to your need! Before version 2.2, this indicator was focused only on ICT Silver Bullet, but moving forward, we will include the different elements for smart money concept trading. This indicator will help you identify the following: FVG - fair value gaps Market structure: BOS and CHOCH. It is based on ZIGZAG as it is

39 USD

"Step Ahead" is the ultimate breakout expert advisor The basic strategy is trading breakouts from a time range. It takes a start time and an end time as inputs. The EA sets breakout trades at the end of the ranges and manages the trades via breakeven and trailing stops mechanisms. The trades will be closed if SL or TP hits, and you can configure to close all open trades and orders at a specific time as part of the range settings. The strategy requires an SL for each trade. It is not a risky stra

179 USD

T Manager Plus, the ultimate trade management solution designed by traders for traders. If you are searching for a simple and efficient trade panel, trade manager, or trade assistant, you are at the right place. T Manager Plus includes advanced charting utilities with a single goal to help traders analyze, plan, execute, and manage their trades on a single platform. The market contains a diverse number of those tools, but this one is designed by traders for traders . I designed this tool, an

35 USD

ICT Silver Bullet If you are searching for a reliable indicator to trade the ICT Silver Bullet concept, or ICT concepts, Smart Money Concepts, or SMC, this indicator will respond to your need! This indicator will help you identify the following: FVG - fair value gaps Market structure: BOS and CHOCH. It is based on ZIGZAG as it is the most subjective way to do it. ICT Silver Bullet windows and related notifications when it starts and when an FVG appears Swing High and low that are potential b

39 USD

T Manager, the ultimate trade management solution designed by traders for traders. If you are searching for a simple and efficient trade panel, trade manager, or trade assistant, you are at the right place. The market contains a diverse number of those tools , but this one is designed by traders for traders . I designed this tool, and I am using it daily. Take my advice and stop buying tools blended with un-useful features that you will never use, T Manager provides you with the essential ye

30 USD

Structure Blocks: a structured way to analyze market structure This indicator is for you if you are a price action or smart money concept trader. It identifies market trends' ultimate highs and lows and intermediaries' swing lows and highs. It adjusts based on candles' body where most of the volume is, disregarding wicks. Need help or have questions? I am Lio , don't hesitate to reach out! I am always available to respond, help, and improve. How it works: Each block consists of a move wit

FREE

30 USD

35 USD

Breakout Momentum is an automated scalper for EURUSD. Its strategy takes advantage of "false breakout", "breakout", and "raids on liquidity" above and below current marketplace prices. It is effective in both raging and trending markets. It shows promising results during backtesting using "every tick based on real tick" mode. it is also proving itself on a real account. Check Live Signal on Live Signal 1 - EURUSD Where does it work the best? The default parameters are optimized to suit th

99 USD

Trendy Tunnels an expert advisor that automats a low-risk high-reward strategy. The default parameters of the EA correspond to the recommendation of the inventor of this strategy. This doesn't mean that those would work on any pair or any timeframe. Please do your backtesting and optimization, as this strategy is not optimized as it is now and we don't have predefined set files. Introducing our new MQL5 Expert Advisor, Trendy Tunnels! This trading system follows the trend by analyzing two moving

30 USD

Trade the BOX It is the must-have utility to help you automate the execution of your trading plan, managing scale-up, partial profit booking, and trade managing. It is very intuitive. You need to load it on a chart, set your trading plan, select your range with the BOX, and double-click to activate the trades. Trade the BOX will take it over, ensuring your trading plan is mechanically executed without deviation. As it is a bot handling your trades, Scalpers, you will adore this utili

30 USD

Filtro:

114

srfinviz 2024.04.17 14:35 #

L'utente non ha lasciato alcun commento sulla valutazione.

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2024.04.17 14:39 #

Thanks a lot for the review :)

112

royhimself2 2024.03.08 14:01 #

This is the #1 product if you are trading propfirms. Must have!

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2024.03.08 14:11 #

Thanks a lot Roy, much appreciated the feedback 🌟

yitro.forex 2024.01.23 22:56 #

Used for 4 month and its been great. ITS VERY SIMPLE TO USE. The number of customizations is great. Great customer support. A+++++

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2024.03.08 13:49 #

late response but better then never, super thanks for your review :)

staylor2233 2023.12.13 23:32 #

This EA has already protected a small account, which otherwise would have tanked. Its running on all accounts now, and I sleep well.

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2023.12.14 02:17 #

Super happy to hear that the EA is performing as it should be, thanks for your review and trust

gorilla-space 2023.12.13 14:09 #

Superb coding quality and support!

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2023.12.13 15:13 #

Thanks a lot 🙏

Hugalv16 2023.10.10 19:31 #

Must have tool if you are EA trading on a prop firm account, also the developer provides excellent customer support plus updates.

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2023.10.10 19:47 #

I want to thank you for your awesome review

765

Igor Isakov 2023.10.10 08:03 #

Hello, I am using this EA for 3+ months and I would recommend it to anyone, interested in keeping account safe. Reasonable price, rent option, plenty of excellent features, informative panel and, moreover, lighting fast support from author! Many thanks to Lionel for this high- quality, user- friendly product

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2023.10.10 08:24 #

Hey Igor, thanks a lot for this detailed review, I appreciate it, and I am very happy to have you as one of my clients. Thanks again

203

Mike Pan 2023.10.08 17:56 #

The best Support team on whole MQL5 marketplace. Have video and text FAQ for every question and responding to DMs in a couple of minutes!

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2023.10.08 17:57 #

Thanks mike for your review, I really appreciated your review.

Gabriel Weinberg 2023.09.08 12:38 #

Haven't used DrawDown Limiter on a live account yet, but it seems to be working great! It seems reliable and trustworthy. Lio has obviously worked on it a lot and thought about all scenarios and different prop firm requirements. The EA is highly customizable to fit any needs. Yet simple to understand and intuitive. Documentation for it is great as well, complete with videos and FAQ. Like it was mentioned, I got the free Algo Trading Disabler for free right away. The communication with Lio was really good and he genuinely seems to care and take suggestions into account. All in all, you can confidently buy this EA if you're considering it.

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2023.09.08 12:50 #

Thanks a lot for the detailed review really appreciate it ⭐⭐⭐⭐⭐

Menewy Jerry 2023.08.19 20:52 #

very good EA and Great support team

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2023.08.19 20:55 #

Thanks a lot, happy to have you part of my clients

502

Milldoku 2023.08.16 00:53 #

nice tool and communicative seller. Recommended.

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2023.08.16 06:33 #

Thanks a lot! Much appreciated 👍

193

Zheng Chen 2023.07.31 20:45 #

For the Drawdown Limiter, I must say it's an excellent product, undoubtedly the best one in its category. The outstanding customer service further adds to its appeal, with responses coming in within proximately half a day, showcasing their promptness. The author behind this product is approachable and communicates effortlessly, making interactions a breeze. Moreover, I suggested the idea of incorporating multiple magic numbers to enhance its flexibility, which the author readily accepted and embraced. In conclusion, I highly recommend the Drawdown Limiter to anyone in need of such a solution. Its unmatched quality, exceptional customer service, and the author's receptive nature make it a standout choice among its peers. Don't hesitate to give it a try; you won't be disappointed.

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2023.07.31 20:49 #

I want really to thank you for this detailed review, thanks a lot, I am really happy to have you in my client circle.

elean_trading 2023.07.24 21:25 #

L'utente non ha lasciato alcun commento sulla valutazione.

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2023.07.24 21:29 #

Thanks a lot for your review, much appreciated ⭐⭐⭐⭐⭐

165

Nithin Paul Elbin Sudakar Paul 2023.07.12 21:28 #

It has saved my funded today from getting f**ked. Excellent little helper tool!

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2023.07.12 21:31 #

Thanks for the review, Super happy for you :) , today was a bad day for me too, luckily I have drawdown limiter running and stopped everything on time.

Ben K 2023.06.30 07:53 #

saved my account 2 times in less than the first 24 hours of using it! not only that Haidar is a cool guy and can tell he really wants to help, telling all my friends to install this first before you do anything! Must have!

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2023.06.30 07:55 #

I am very happy of your review! Thanks Ben and wish you safe trading with drawdown limiter.

362

CosMean 2023.06.29 13:12 #

Great product and very useful. Amazing communication with the developer. He is very receptive to new ideas. He liked my idea to be able to limit DD per magic number - should you have multiple copiers or EAs -> this way good performers won't be "punished" by the DD of a bad performer Hopefully we will see this feature live soon - as per his promise it should be in the next release. Thank you very much :)

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2023.06.29 13:54 #

Thanks a lot for the review and your trust! Much appreciated.

Alex 2023.06.05 19:49 #

Great product and great experience with communication from the seller. Any questions he answered clearly and quickly. 100% recommend this product if you are looking for an equity protector that works well for Prop firms and Daily Drawdown limits. Will keep and eye on this seller for future products.

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2023.06.05 20:01 #

Thanks a lot, Alex, I really appreciate your review.

381

hikari678 2023.05.24 08:29 #

Very good tool for prop firm account protection. Also the author is a very nice person/developer provids very good support.

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2023.05.24 08:56 #

Thanks a lot 😊 Happy to have you in my happy client circle.

694

David Hausberger 2023.05.12 20:48 #

Really good and cheap DD Limiter . Great Work

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Risposta dello sviluppatore Haidar, Lionel Haj Ali 2023.05.12 20:50 #

Thanks for the feedback, much appreciated 👍

Versione 3.9 2024.03.04

In addition to the default option to track the current range profit/loss, a new option to track daily starting equity and high water equity
Add more precision to the way drawdown is triggered
Add code optimization for faster reaction
Add capacity to run checks on tick
Add some log messages for when drawdown is reached

Versione 3.8 2024.01.05

⚠️Correction of a bug related to the auto-close feature
⚠️Correction of labels in the display messages

Versione 3.7 2023.10.11

Set by default the flag to activate the rollover security zone to false
Solve bug of closing trades in rollover security zone when DD is set in money
Solve bug of closing trades in rollover security zone when multiple instances of DD limiter are used
Adding auto-close trades on a specific day and time

Versione 3.6 2023.08.12

Security Zone has it is own percentage, and user can decide to close all trades in the security zone with a lower percentage than the daily DD
One instance of DD limiter can now manage multiple EA
Better labeling of the DD details panel
Adapt the traffic light to 4K screen resolution
Solve race condition between DD limiter and Algo Trading Disabler - Algo trading will only be disabled after all positions are closed by DD limiter

Versione 3.5 2023.07.13

Better handling reset when using a specific range
Optimization of checks to consume less memory and cpu

Versione 3.3 2023.07.05

Adding control by EA number so you can manage drawdown by a given EA (portfolio management)
Adding the capacity to launch multiple DrawDown limiters on the same account (make sure to choose different magic numbers)
Solve a minor issue in commission Calculation for MT5 only
Extra check on inputs before starting the EA
Add close of charts if DD reached
Adjust the decimal display in the details view to take two decimals for DDD and GDD

Versione 3.2 2023.06.24

Add decimals to "Max % or Money Value" in risk per trade section

Versione 3.1 2023.06.07

Adding the feature to alert the user when a trade is set with no stop loss
Adding the feature to alert the user when a trade is not respecting the user's risk per trade, % from balance, % from equity, or money value

Versione 3.0 2023.05.23

The Traffic light position and colors are now customizable to allow it to match your style
All actions taken by the EA can also be sent as push notifications - make sure to have the proper configuration in the tools -> options menu
DrawDown Limiter is now NFA FIFO compatible
Add the checks of floating Profit of open position before end of the day: End of Range Security Zone
Add the option to calculate daily drawdown from which is higher equity or balance on range reset

Versione 2.4 2023.05.15

If you are using the "DrawDown limiter" from another EA, you can also depend on it when MAX consecutive trades or Max range trades are reached
This version gives priority to the drawdown check, then the max position in the range, and then the max open positions
This version solves blinking when comments are active

Versione 2.3 2023.04.15

Partial take profits are no more considered unique trades (some limitations on MT4, please read the blog)
Adding an option to manage global account drawdown and its traffic light
Adding the possibility to monitor open positions and traffic light
Remove the option of a confirmation message before the terminal close when the threshold is reached as not useful in the current state
Adding the possibility to close extra trades on tick

Versione 2.2 2023.04.07

- Adding customization for text
- Adding a feature to hide text and gain space on charts
- Adding Traffic Lights to informed about your drawdown and trades threshold

Versione 2.1 2023.04.04

Adding Drawdown calculation as fixed money value
Adding a max number of trades per range
Adding different options to prevent overtrading (I do recommend you to learn discipline)

Versione 2.0 2023.03.22

Add the option to select drawdown calculation from Balance, Equity, or Initial deposit
Add swap and commission calculation for running positions
Normalize error and info messages
Add security checks on input parameters
Publish an MT4 version

Versione 1.3 2023.03.21

Minor Display modifications

Versione 1.2 2023.03.20

Adding the possibility to calculate drawdown from the current balance on a new period
Adding the possibility to close the terminal when draw down reached

Versione 1.1 2022.12.31

Minor changes in comments format
Prevent two DrawDown Limiter from running on the same account
Adjust default parameters to run once every 5 seconds