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Drawdown Close

5

This is a trade management EA that will close all your Open Orders (or both Open and Pending Orders) when your drawdown against balance exceeds a set percentage limit.

E.g. Balance = $10,000 and “DrawdownPercent” is set at 2.0, if floating P&L is greater than -$200.00, all Orders will be closed.

It will send a notification to you MT4 app on your phone (”Drawdown Percent Close triggered!”)

A text display is included for some visual feedback.

Basic notes: It only needs to be attached to one chart to function. Ideally attach to the same currency pair as the one you trade on. If trading on multiple pairs, attach it to the one with the most frequent ticks.


When using our Drawdown Close EA, consider joining our copy trading service on CopyFX to enjoy even greater trading success. As a member of our copy trading service, you will gain access to our professional trading strategies! Don't miss this opportunity to improve your trading performance and profits. Join our copy trading service today!
www.marcalbrechttrading.com


Comentários 2
FunChiii
148
FunChiii 2023.12.15 17:16 
 

Simple but an awesome tool to have.

Natali Vandros
603
Natali Vandros 2023.07.10 10:34 
 

I trade with an adviser and my adviser sometimes starts trading very aggressively and makes big drawdowns due to the fact that he starts making martingale trades. It's not often, but it happens. That's why I'm always in a nervous state. In this case, I started looking for an assistant in closing all transactions if the loss percentage reaches a certain value. And so I tried this adviser on a virtual account and this is what I need. Now I can safely leave my trading advisor and calmly understand that my deposit will be in perfect order. If I lose, then recovery will occur and profit will be achieved. The developer responded to my letter and explained that his Expert Advisor is what I need. Five Stars

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Haidar, Lionel Haj Ali
5 (9)
Utilitários
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LEE SAMSON
5 (5)
Utilitários
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ROBERT URBANSKI
Utilitários
The Best One Scalping Trade Panel functional manual trade panel with risk reward, auto SL by candle ( original solution), lot size calculation, one-click trading, scale in and out of trades (partial close),  Works with all symbols not just currency pairs, perfect works on DAX, NASDAQ, GOLD, ...... I earn every day during live stream on ZakopiecFX - join Me Risk by lot Risk by percent SL by points SL by Candle, Renko, RangeBar ( original solution) TP by point TP by Risk/Reward Auto Trailing b
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MEETALGO LLC
4.83 (30)
Utilitários
The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow adding more strategies every time.  You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA in this market place. You can use as trad
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4.75 (12)
Utilitários
FREE SIGNAL CHANEL:  https://t.me/redfox_daily_forex_signals Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4  p
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Utilitários
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Utilitários
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Utilitários
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3.8 (5)
Utilitários
MT4 Alert Signal Trader  is an EA that helps you trade MT4 Alert popup. Some indicators can provide signals by showing an alert popup containing signal texts. This EA will read and trade these signal texts. The alert texts should contain at least 2 elements:  (1) a symbol text   (ex: "EURUSD") and  (2) a command type   (ex: "Buy", "Sell", "Close") that trigger EA's trading activities. Some other contents that may have or not are open price, stop loss, take profit values... The EA needs an aweso
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Utilitários
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overr
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5 (27)
Utilitários
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MarcAlbrechtTrading
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Indicadores
Our Advanced Trend Indicator is a powerful and user-friendly tool that helps traders identify and follow the market trends. It is designed to work with the MetaTrader 4 platform and can be used as a standalone indicator or additionally for our copy trading clients on CopyFX. Features: Identifies and displays trend direction with simple color-coded lines Utilizes two unique algorithms for trend confirmation Integrates MAT indicator to determine recent highs and lows Compatible with all currency
FREE
Filtro:
FunChiii
148
FunChiii 2023.12.15 17:16 
 

Simple but an awesome tool to have.

Natali Vandros
603
Natali Vandros 2023.07.10 10:34 
 

I trade with an adviser and my adviser sometimes starts trading very aggressively and makes big drawdowns due to the fact that he starts making martingale trades. It's not often, but it happens. That's why I'm always in a nervous state. In this case, I started looking for an assistant in closing all transactions if the loss percentage reaches a certain value. And so I tried this adviser on a virtual account and this is what I need. Now I can safely leave my trading advisor and calmly understand that my deposit will be in perfect order. If I lose, then recovery will occur and profit will be achieved. The developer responded to my letter and explained that his Expert Advisor is what I need. Five Stars

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