SignalX Daily Risk Guard

What this is

An account-level circuit breaker. It watches the day's closed results plus floating profit and loss, and when a daily loss limit or a maximum trade count is reached it can stop new orders on the panel and flatten what is open.

What it does

Stops the day when a loss limit or a max-trade count is reached, and can flatten open positions.

  • Account-level daily circuit breaker computed from closed history plus floating P/L.
  • Runs as an Expert Advisor attached to a single chart.
  • No DLL calls. No external services. No network requests.
  • No account, terminal, symbol or time limitation is embedded.

Inputs

Input Type Default
InpMagic int 990003
InpMaxDailyLossPct double 3.0
InpMaxTradesPerDay int 5
InpUseThisSymbol bool true
InpCloseOpenOnLimit bool true
InpOkColor color clrLimeGreen
InpLimitColor color clrTomato

How to use it

  1. Attach the EA to a chart of the symbol you trade.
  2. Set the inputs to match your own risk approach. Defaults are deliberately conservative.
  3. Allow live trading in the Expert Advisors settings for this EA.
  4. Test on a demo account first. That is not a formality; the defaults are not tuned to your broker.

Notes

  • Written for MetaTrader 4, any broker, any account currency. Sizing maths uses the symbol's own tick value.
  • Works alongside other EAs, including with a magic number you choose, so it will not fight them for orders it does not own.
  • It performs management and measurement only; it does not generate trading signals.

Honest limits

  • This is a tool, not a strategy. It does not predict anything and it cannot make a losing method profitable.
  • No performance figures are published for it because tools of this kind do not have a meaningful backtest curve of their own.
  • If your broker quotes oddly (very wide spreads, non-standard tick values) verify the sizing on a demo account before using real funds.

Trading involves risk of loss. Nothing here is financial advice.

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Vu Trung Kien
4.77 (86)
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Trade Controller provides multiple methods to protect and maximize your profits. This powerful weapon helps you to set the protect and trailing-stop rules on your trade automatically in many effective methods. Once it is set and turned on, you don't need to monitor your orders anymore, the software will keep watching and control your orders with your predefined rules. It's designed to support multi-protection and trailing strategy: Protect by break-even, protect by percentage, protect by pip, pr
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