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Drawdown Limiter Advanced

5

Whether you are a trader that use Expert Advisors (EA) or you trade manually, if you decided to obtain a funded account and you are going to start an evaluation phase with a Prop Firm (like FTMO, MyForexFunds, FundedNext and all the other ones available), you will surely need to pay close attention to put a daily drawdown limit.

That seems easy, at least in words, but dealing with the rigid rules of a Proprietary Firm leave no space for mistakes, distractions, emotional blindness or execution delays.

Right for this, the best way to manage your drawdown limit is using a program that is going to monitor your drawdown level automatically at all times and take the right actions to ensure you don't break any rules throughout the whole process of getting funded and then managing a funded account reducing the risk of losing it.

For you, the Drawdown Limiter - Advanced will:

  • Monitor the Daily Drawdown
  • Monitor the Overall Drawdown
  • Close all the positions once your drawdown limit is reached 
  • Delete all the pending orders once your drawdown limit is reached 
  • Advise you by e-mail (if you want to)
  • Prevent the breach of max daily drawdown rule when closing the day with realized profit but floating losses that would overcome the max daily drawdown of the next day.
  • Monitor the Balance / Equity a the start of a new range and the current level of it
  • Monitor the Realized and Unrealized Profits and Losses for the day measured in percentage and account currency

The graphic interface is very easy to understand and it show more than the essential information.

You can decide what to see by clicking the button to show more or show less.

PLEASE, consult the User Guide before relying on the Expert Advisor.


Comentários 1
Ehsan
197
Ehsan 2024.05.03 23:07 
 

Very nice and prop firm conform product. Riccardo is extremely supportive and friendly. Can recommend this Tool !!

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Trade on crypto exchanges in MT5! GRat_Crypto is a tool for manual and automated trading , including ANY available EA, ANY  cryptocurrency  on most popular crypto exchanges in the familiar MT5 environment 24/7. Features 1. ALL instruments of the 8 most popular crypto exchanges are available: Binance, BingX, Bybit, CommEX, Kraken,   KuCoin, MEXC and OKX . 2. The ability to place ANY type of order available in MT5, both market and pending, to modify orders and positions, to delete orders and clos
YuClusters
Yury Kulikov
4.93 (43)
Atenção: A versão demo para revisão e teste está aqui . YuClusters é um sistema profissional de análise de mercado. O trader tem oportunidades únicas para analisar o fluxo de pedidos, volumes de negociação, movimentos de preços usando vários gráficos, perfis, indicadores e objetos gráficos. O YuClusters opera com base em dados de Tempos e Negócios ou informações de ticks, dependendo do que está disponível nas cotações de um instrumento financeiro. O YuClusters permite que você crie gráficos com
Painel de negociação para negociação em 1 clique. Trabalhando com posições e pedidos! Negociar a partir do gráfico ou do teclado. Com nosso painel de negociação, você pode executar negociações com um único clique diretamente no gráfico e realizar operações de negociação 30 vezes mais rápido do que com o controle MetaTrader padrão. Cálculos automáticos de parâmetros e funções tornam a negociação mais rápida e conveniente para os traders. Dicas gráficas, rótulos informativos e informações completa
Auto Trade Copier é projetado para copiar comércios entre contas MT5 / terminais múltiplos com uma precisão absoluta. Com esta ferramenta , você pode agir como quer provedor ( fonte ) ou receptor (destino). Cada ações negociadas será clonado a partir de provedor para o receptor sem demora. A seguir são características de destaque :     Alternar entre Provider ou papel Receiver dentro de uma ferramenta.     Um provedor pode copiar comércios de contas da multi- receptor.     Absoluto compat
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
Assuma o controle de sua carteira forex. Veja instantaneamente onde você está, o que está funcionando e o que está causando dor! VERSÃO MT4 DISPONÍVEL AQUI: https://www.mql5.com/en/market/product/58375 O Painel do Trade Manager foi projetado para mostrar rapidamente onde está cada posição que você tem no mercado cambial atualmente e tornar o gerenciamento de risco e a exposição a moedas mais fáceis de entender. Para os comerciantes que escalam para o mercado gradualmente com várias posições o
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Ehsan
197
Ehsan 2024.05.03 23:07 
 

Very nice and prop firm conform product. Riccardo is extremely supportive and friendly. Can recommend this Tool !!

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Versão 1.5 2023.10.06
Customizable Sizes Upgrade
Versão 1.4 2023.09.22
Daily Drawdown Reset Function Update
Versão 1.3 2023.09.04
Fully Customizable Colors
Versão 1.2 2023.08.30
Update on drawdown reset at specific time
Versão 1.1 2023.08.30
Fixed drawdown reset on daily bar start