Equity Protector EA for Prop Firms such as MyForexFunds (Need a MT5 and MT4 version)

MQL4 EA

명시

Hi,


I'm looking to create an equity protector to use with prop firms such as MyForexFunds and FTMO



The settings of the EA will be as follows.


Settings: 

Max daily loss of equity in % (if set to 0 then setting not used)  = x%
Max daily loss of balance in % (if set to 0 then setting not used)  = x%

Minimum equity  = x

Target profit in equity = x

Reset time = xx:xx


The display on the chart will be as follows.


Settings used: 

max daily of equity = x%

max daily loss of balance = x%

Minimum equity = x

Target profit in equity = x

Reset time = x 


Today's P/L = xx

Today's max daily loss of equity remaining = xx

Today's max daily loss of balance remaining = xx
Amount remaining until minimum equity is hit = xxx


Here is an example of how the EA will function.
Initial balance of account at 00:00 is $100,000.
Initial equity of account at 00:00 is $100,000.
I have started the trading day with $100,000 balance and $0 floating loss. 
Let's assume the time is now 06:00. I have taken a number of trades which ended in a close loss of $5,000. Currently my total closed loss is $5,000. I also have an open position in a $1,000 loss. Therefore my current balance at 06:00 is $95,000 and my current equity at 06:00 is $94,000. 

In this example, my settings are set to:       

Max daily loss of equity in % (if set to 0 then setting not used)  = 10%

When my equity hits or falls below $90,000 then the equity protector will close all trades and close all charts (preventing my EA from taking further trades).  Any pending orders will also be removed. 

Max daily loss of balance in % (if set to 0 then setting not used)  = 15%

When my balance hits or falls below $85,000 then the equity protector will close all trades and close all charts (preventing my EA from taking further trades).  Any pending orders will also be removed. 

Minimum equity  = $80,000

If my equity hits or falls below $80,000 then  the equity protector will close all trades and close all charts (preventing my EA from taking further trades). Any pending orders will also be removed. 

Target profit in equity = $110,000

If my equity hits or goes above $110,000 then the equity protector will close all trades and close all charts (preventing my EA from taking further trades).  Any pending orders will also be removed. 

Reset time = 00:00 
At 00:00 server time (the time displayed in my MT5 terminal) the max daily loss of equity and max daily loss of balance will be recalculated based on the CURRENT equity and balance at 00:00. This will recalculate and reset once every 24 hours. 

For example at 00:00, lets say the account equity is $120,000 and the balance is $130,000. 

The max daily loss of equity will be calculated based on 10% x $120,000 = $12,000
The max daily loss of balance will be calculated based on 15% x $130,000 = $19,500 

There are 2 separate losses the EA will track one for equity and another for balance. 


Using the above example settings, there will be a display on chart which will show the below: 

Settings used: 

max daily loss of equity = 10% ($10,000)

max daily loss of balance = 15% ($15,000)

Minimum equity = $80,000

Target profit in equity = $110,000

Reset time = 00:00


Today's P/L = -$5,000 

This will record my P/L from the reset time i've set at 00:00 

Today's max daily loss of equity remaining = $4,000
This will show the remaining equity I can afford to lose before I hit my maximum equity loss for the day. In my example, the time is 0:600 and my current equity is $94,000, therefore this value will show $4,000 since $94,000 - $90,000 = $4,000. 

Today's max daily loss of balance remaining = $10,000

This will show the remaining balance I can afford to lose before I hit my maximum balance loss for the day. In my example, the time is 06:00 and my current balance is $95,000, therefore this value will show $10,000 since $95,000 - $80,000 = $15,000. 

Amount remaining until minimum equity is hit = $14,000 

This value is calculated by taking the current equity - the "minimum equity" allowed. $94,000 - $80,000 = $14,000


Please let me know if it is possible for the losses recorded in the EA to be inclusive of the brokers swaps and commissions? it would be great if it could include swaps and commissions but I don't think this functionality is currently possible?



Please feel free to ask me any questions you need. 

Thank you!
Sam


응답함

1
개발자 1
등급
(7)
프로젝트
14
21%
중재
1
0% / 100%
기한 초과
3
21%
무료
2
개발자 2
등급
(1)
프로젝트
2
0%
중재
1
0% / 100%
기한 초과
0
무료
3
개발자 3
등급
(25)
프로젝트
29
34%
중재
3
67% / 0%
기한 초과
1
3%
무료
4
개발자 4
등급
(36)
프로젝트
45
2%
중재
6
33% / 17%
기한 초과
1
2%
무료
5
개발자 5
등급
(57)
프로젝트
72
22%
중재
13
46% / 15%
기한 초과
5
7%
무료
6
개발자 6
등급
(390)
프로젝트
416
30%
중재
74
19% / 72%
기한 초과
52
13%
작업중
7
개발자 7
등급
(1)
프로젝트
1
0%
중재
0
기한 초과
0
무료
8
개발자 8
등급
(83)
프로젝트
98
33%
중재
9
22% / 56%
기한 초과
5
5%
작업중
비슷한 주문
I have an existing compiled MT5 Expert Advisor (.ex5) for XAUUSD scalping. I need a developer to build a bridge that connects my existing EA to a broker’s FIX API, allowing its trading signals to execute orders directly through FIX instead of the standard MT5 trade server. I do not need a new trading strategy or a new EA. Please confirm whether this is technically possible without the EA source code, and explain your
I am looking for an experienced MQL5 developer and trader to develop a non-repainting scalping indicator for MT5 , designed for the M5 and M15 timeframes. Instruments I Trade: GainX 400 GainX 600 PainX 400 PainX 600 My Main Requirement: Signal Accuracy I do not need another basic indicator that simply displays BUY/SELL signals with Stop Loss and Take Profit levels. I already have several indicators, but their signals
Project Description: I need an MQL5 Expert Advisor built based on a precise Smart Money Concepts (SMC) multi-timeframe strategy. The bot must analyze the 1-Hour chart for institutional bias and execute trades on the 3-Minute chart following strict structural rules. 1. Inputs & Parameters (Customizable) - Risk Model: Fixed dollar risk of $20.00 for every $100.00 of account balance (20% per trade for personal capital
Hello, I want to create a custom Expert Advisor (EA) for MetaTrader 5 based on 3 main confirmations: Market Structure & Price Action: Identify high time-frame trend direction (HL/LH). Chart Pattern: Detect classic continuous/reversal patterns (e.g. Cup and Handle, Double Bottom/Top) on trading timeframe. Volume Profile (PoC): Confirm entry when price breaks/retests the Point of Control (PoC) level. Risk Management &
I am looking for a highly skilled trading strategist and MQL5 developer with genuine experience in researching, designing, testing, and implementing systematic trading strategies. My primary interest is XAUUSD (Gold), although proven experience with other financial markets is also welcome. I am not looking for someone who simply converts trading rules into code. I want to identify a professional who understands
We’re looking for an investment partner to help fund AegisGoldAIPro , an algorithmic trading platform being developed for MetaTrader 5, initially focused on gold. We’re building a modular system that combines market-structure analysis with planned AI-assisted decision support, risk controls, and automated execution. What we are building is not just a basic trading robots that depend on only one indicator or strategy
Title: Professional MT5 Expert Advisor Required - Fully Automated Trend Pullback Strategy Description: I am looking for an experienced MQL5 developer to create a fully automated MT5 Expert Advisor based on a trend-following pullback strategy. The EA must be flexible, fully configurable and optimized for use on different symbols and timeframes. ============================== STRATEGY OVERVIEW
Looking for a Complete Forex & Gold Signal System — Telegram Automation + Performance Tracking I’m looking for a complete automated trading signal solution for Forex pairs, including EUR/USD, GBP/USD and others, as well as gold (XAU/USD). Requirements: • An average of 2–3 quality signals per day across the selected instruments. Quality matters more than generating signals just to meet a quota. • A high win rate
FOR MT5. BROKERS - XM,TICKMILL. looking for an EA which can generate reasonable profits like 100% monthly, SEND ME SOUCE CODE AND UPON TESTING I SHALL PAY AND WE CAN MAKE NECESSARY MODIFICATIONS
I need a robot that will grow small accounts to bigger amounts, I will test it on demo first then if it does what i want, i will take it. Please it must be simply to use. It must set targets, for example, once it reaches $200 profit for the day, it must close

프로젝트 정보

예산
30 - 90 USD
기한
로 10 일