DrawDown Limiter MT4

5

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:

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

The expert advisor’s essential function 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. 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.


Recensioni 10
studentspower
171
studentspower 2024.08.30 10:11 
 

everything I need. Fortunatly it didn't need to close yet. But the settings are very good for all kinds of prop firm requirements.

Juan Antonio Rojo Pereira
510
Juan Antonio Rojo Pereira 2023.10.10 21:13 
 

All right, thanks

Inakis Srl
1116
Enrico De Landerset 2023.10.09 21:40 
 

5 stars to the product that is simply perfect and 5.000 stars for the Author and his fantastic support.!

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THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please TEST this product before   BUYING  and watch my video about it. Contact me for user support or bug reports, or if you want the MT5 version! MT5 Version I do not guarantee any profits or financial success using this EA. With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easil
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Laszlo Tormasi
5 (15)
Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports pending and market orders. Supports partial order close (with limitations, see below) Can send messages and notifications to the Slaves from the Master Several
Trader Evolution MT4
Siarhei Vashchylka
5 (2)
" Trader Evolution " - A utility designed for traders who use wave and technical analysis in their work. One tab of the utility is capable of money management and opening orders, and the other can help in making Elliott wave and technical analysis. Manual (Be sure to read before purchasing) | Version for MT5 Advantages 1. Trading in a few clicks. Immediate and pending orders are available in the panel 2. Money management. The program automatically selects the appropriate lot size 3. Simplifies
Auto Trade Copier
Vu Trung Kien
4.76 (85)
Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT4 accounts only. For MT5 accounts, you must use Auto Trade Copier for MT5 . Reference: - For MT4 receiver, please download Trade Receiver Fre
The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
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Alain Verleyen
4 (2)
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Il Risk to Reward Ratio Manager è uno strumento visivo di gestione degli ordini e di calcolo delle dimensioni delle posizioni, progettato per supportare un trading disciplinato e una gestione professionale del rischio. Consente ai trader di impostare visivamente i livelli di ingresso, stop-loss e take-profit direttamente sul grafico, calcolando automaticamente la dimensione del lotto e il rapporto rischio/rendimento prima di inviare un ordine. Lo strumento aiuta a standardizzare la preparazione
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Haidar Lionel Haj Ali
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Haidar Lionel Haj Ali
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Haidar Lionel Haj Ali
5 (21)
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Haidar Lionel Haj Ali
5 (14)
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4.5 (10)
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Haidar Lionel Haj Ali
4.71 (7)
Ultimate SMC is a sophisticated MetaTrader 5 Expert Advisor designed to act as a framework for traders using advanced Smart Money Concepts (SMC). If you are a smart money concept trader and want to enhance and automate your trading strategies, this EA is for you. It is designed to cater to advanced traders seeking a robust and versatile tool to implement precise and strategic trading maneuvers based on the smart money concept. The EA combines multiple sophisticated trading techniques and risk ma
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Haidar Lionel Haj Ali
4.63 (35)
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Haidar Lionel Haj Ali
5 (7)
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Haidar Lionel Haj Ali
5 (21)
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Haidar Lionel Haj Ali
5 (4)
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 with
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Haidar Lionel Haj Ali
5 (2)
N ewStorm  è progettato  principalmente per fare trading dopo eventi di notizie e per aprire operazioni in base ai risultati delle news.  L’EA può essere utilizzato per swing trading, aprendo posizioni basate sull’analisi fondamentale con il proprio SL e TP, oppure come scalper per trarre profitto dai rapidi movimenti del mercato durante le notizie e incassare un guadagno. È incluso un sistema avanzato di recupero a griglia che incorpora diverse funzionalità evolute, come spaziatura della grigli
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Haidar Lionel Haj Ali
4.87 (15)
"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
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studentspower
171
studentspower 2024.08.30 10:11 
 

everything I need. Fortunatly it didn't need to close yet. But the settings are very good for all kinds of prop firm requirements.

Haidar Lionel Haj Ali
21632
Risposta dello sviluppatore Haidar Lionel Haj Ali 2024.08.30 12:09
I am glad to read your review! Thanks a lot, and just let us know if you need help.
Luca Madeddu
159
Luca Madeddu 2023.10.25 15:22 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Haidar Lionel Haj Ali
21632
Risposta dello sviluppatore Haidar Lionel Haj Ali 2023.10.25 15:32
Thanks a lot, I am very happy to see your review! Anything you need just let me know.
Juan Antonio Rojo Pereira
510
Juan Antonio Rojo Pereira 2023.10.10 21:13 
 

All right, thanks

Haidar Lionel Haj Ali
21632
Risposta dello sviluppatore Haidar Lionel Haj Ali 2023.10.10 21:30
Thanks a lotb⭐⭐⭐⭐⭐
Inakis Srl
1116
Enrico De Landerset 2023.10.09 21:40 
 

5 stars to the product that is simply perfect and 5.000 stars for the Author and his fantastic support.!

Haidar Lionel Haj Ali
21632
Risposta dello sviluppatore Haidar Lionel Haj Ali 2023.10.09 21:42
Hey, you made my day with this review! Thanks a lot. Looking to have more awesome clients like you that will benefit from this EA
bl4ck0pal55
154
bl4ck0pal55 2023.09.02 13:50 
 

Best drawdown limiter on the market! It works perfectly and might help you on your trading journey. Easy to understand and the support is really fast.

Haidar Lionel Haj Ali
21632
Risposta dello sviluppatore Haidar Lionel Haj Ali 2023.09.02 13:51
Awesome review, thanks a lot 👍
Viachaslau Kulakou
402
Viachaslau Kulakou 2023.07.18 17:46 
 

Excellent product

Haidar Lionel Haj Ali
21632
Risposta dello sviluppatore Haidar Lionel Haj Ali 2023.07.18 17:48
Thanks a lot
marpl
76
marpl 2023.07.13 18:53 
 

I definitely recommend this product. It is perfect for my challenges as well as for securing my private account. Very good service and help with startup and installation. Great choice. Thank you

Haidar Lionel Haj Ali
21632
Risposta dello sviluppatore Haidar Lionel Haj Ali 2023.07.13 23:01
Thanks a lot for your review! Much appreciated!
Wes Joe
23
Wes Joe 2023.05.27 18:56 
 

Excellent EA - Very happy with it! Haidar is also very responsive and helpful as an author.

Haidar Lionel Haj Ali
21632
Risposta dello sviluppatore Haidar Lionel Haj Ali 2023.05.27 19:00
Grateful for your review! Thanks a lot.
RUTTO2
436
RUTTO2 2023.05.16 21:30 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Haidar Lionel Haj Ali
21632
Risposta dello sviluppatore Haidar Lionel Haj Ali 2023.05.16 21:34
Hey, thanks for your review, I am glad that you liked the EA!
ieik99
30
ieik99 2023.05.15 14:49 
 

This EA is a real gem. It is a fundamental tool for any trader, being able to have an automatic brake allows you to maintain an excellent risk management by having a maximum daily loss and maximum amount of trades at the same time. In my particular case it was an incredible help when I had to get out of a drawdown, since then I always keep it active. ABSOLUTELY recommended !!!

Haidar Lionel Haj Ali
21632
Risposta dello sviluppatore Haidar Lionel Haj Ali 2023.05.15 14:51
Thanks a lot for your review and recommendation.
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