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Prop Firm Risk Management Include-File

MQL5 Experts

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Hello

I need an include file for prop trading. That means I want to include it in all of my EAs. For the news filter we use forexfactory.comThe inputs will be:

  • Max. DD in % per day: 2
  • Max. Profit in % per day: 2
  • News Filter: True/False
  • News Impact: Low/Medium/High
  • Stop trading x Minutes before News: 10
  • Stop trading x Minutes after News: 10
  • Hold Trades through news: True/False
  • Hold Positions overnight: True/False
  • Closing Hour Daily: 21
  • Closing Minute Daily: 0
  • Hold Positions over weekend: True/False
  • Min. Distance SL (Points): 10
  • Max. Spread (Points): 15
  • Max. Slippage (Points): 10


The DD and Profit gets taken at the start of the new day. 


The daily reset should happen when a new day starts (server time). 


When the daily loss gets hit then „Algo Trading“ should taken off.


When „Hold Positions over weekend“ is false then on Friday before the broker closes the market all positions should get closed (pending and running).


If you have any other inputs let me know.

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