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This tool Protects your account from blowing.
When the drawdown reaches the specified value, all orders will be closed.
- SL_ModeSelect: Sell Out Mode. Percentage: sell out according to percentage; AbsValue: sell out according to absolute value.
- SL_Value: Sell Out Value.
- Close all orders when Drawdown becomes greater than 10%: SL_ModeSelect=Percentage, SL_Value = 0.1
- Close all orders when Drawdown becomes greater than $100: SL_ModeSelect=AbsValue, SL_Value = 100
This EA can be attached to any chart window. It is suggested to attach it to EURUSD.
This EA can run together with any EA or Signal.