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xpeter  

Hi,


1. Can "maximum loss limit per day" be set by percentage % from equity?

2. Is "maximum losses in a row" on a daily basis or is it, for example, I lost two trades yesterday in the evening and one trade today in the morning and terminal gets closed? ( i prefer limit losses in a row in one day)

3. If one of the limits is reached EA will prevent me from opening any new positions on the same day, correct?

4. On the next day, will I be able to trade normally or I will have to change anything on settings?

5. Do I have to place EA on every chart I want to trade or it is enough to place it on one chart and it will work for all?

6. How well works with other EAs like trade copier for example?


THank you.


Peter

Roman Zhitnik  
xpeter:

Hi,


1. Can "maximum loss limit per day" be set by percentage % from equity?

2. Is "maximum losses in a row" on a daily basis or is it, for example, I lost two trades yesterday in the evening and one trade today in the morning and terminal gets closed? ( i prefer limit losses in a row in one day)

3. If one of the limits is reached EA will prevent me from opening any new positions on the same day, correct?

4. On the next day, will I be able to trade normally or I will have to change anything on settings?

5. Do I have to place EA on every chart I want to trade or it is enough to place it on one chart and it will work for all?

6. How well works with other EAs like trade copier for example?


THank you.


Peter

Hello.

1. No, there's only certain money amount %.

2. The max losses in a row are calculated independent to the day time.

3. Yes, correct.

4. No, you'll be able to trade again next day without changing any settings.

5. No, no need to place EA on every chart - one will be fully enough.

6. These EAs are not connected to each other so it will work like a risk manager for all the running EAs including the copier.


Best regards.

xpeter  

Thank you.

1.Can you program your EA that has only two settings:

---> Max. daily drawdown 1.1%.  (If 1.1% total loss is reached EA closes all trades and prevents any kind of trading on that day?)

---> Max. open orders 3 total.  (EA prevents to have 4 trades or more open at the same time.)

Roman Zhitnik  
xpeter:

Thank you.

1.Can you program your EA that has only two settings:

---> Max. daily drawdown 1.1%.  (If 1.1% total loss is reached EA closes all trades and prevents any kind of trading on that day?)

---> Max. open orders 3 total.  (EA prevents to have 4 trades or more open at the same time.)

That may be added later on. Follow the updates.
Roman Zhitnik  
xpeter:

Thank you.

1.Can you program your EA that has only two settings:

---> Max. daily drawdown 1.1%.  (If 1.1% total loss is reached EA closes all trades and prevents any kind of trading on that day?)

---> Max. open orders 3 total.  (EA prevents to have 4 trades or more open at the same time.)

New version with your suggested modifications was uploaded. It will be available for download after moderator checks it.
lucat  

Hi,

I bought the expert but i'd like you check the settings I made and tell me if I did something wrong.

 

Jianhui Wang  
2017.01.30 09:53:31.777 RiskManager EURUSD,H4: zero divide in 'RiskManager.mq4' (380,76)

what's the matter with it? Please solve it as soon as possible 


Roman Zhitnik  
Jianhui Wang:
2017.01.30 09:53:31.777 RiskManager EURUSD,H4: zero divide in 'RiskManager.mq4' (380,76)

what's the matter with it? Please solve it as soon as possible 


Wthat is the account equity equal to?
Deeyana Andjelovic  

Is the MAX DRAWDOWN PERCENTAGE PER DAY calculated as a trailing limit from max equity?

I would like to have the option to kill the trades if the profit for the day reaches minus 50% to preserve profits.

Thanks. Excellent product Roman. 

Cheuk Yan Ho  
Hello, I bought your tool, there is a problem, why I am negative on the day, the current drawdown percentage is still display 0.00????please solve this problem! Thanks!
Roman Zhitnik  
Cheuk Yan Ho:
Hello, I bought your tool, there is a problem, why I am negative on the day, the current drawdown percentage is still display 0.00????please solve this problem! Thanks!

Please provide me with the details of your trading activity in screenshots in Private Messages

Mike Yupangco  

Hello,


It seems that the daily drawdown does not take into consideration the highest equity amount of the day.


Thanks,

Mike

Roman Zhitnik  
Mike Yupangco:

Hello,


It seems that the daily drawdown does not take into consideration the highest equity amount of the day.


Thanks,

Mike

There are several options of calculation. Which one are you using?

Mike Yupangco  
Roman Zhitnik:

There are several options of calculation. Which one are you using?

The daily drawdown with %
Mike Yupangco  
Also, will you be adding alerts via email and/or mobile phone?
Roman Zhitnik  
Mike Yupangco:
The daily drawdown with %

No, I am not reffering to this one. There is a separate setting called Type Of Limit

Mike Yupangco  
Roman Zhitnik:

No, I am not reffering to this one. There is a separate setting called Type Of Limit

I am using "BOTH TYPES".
Roman Zhitnik  
Mike Yupangco:
I am using "BOTH TYPES".

Try selecting TrailingLimit. Also please let's move to private messages if your problem stays. I'll need to have screenshots from you. 

Mike Yupangco  

Hello,


I have a question.



I would like to have 10 maximum open positions at one time.


Does this utility prevent opening new trades or does it open & close the trade quickly?


I hope to hear from you

Roman Zhitnik  
Mike Yupangco:

Hello,


I have a question.



I would like to have 10 maximum open positions at one time.


Does this utility prevent opening new trades or does it open & close the trade quickly?


I hope to hear from you

Hello. There is no ability in MetaTrader to technically prevent opening trades. So if the risk conditions are met and you open a trade the RiskManager will close it

Only users who purchased or rented the product can leave comments
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