Max Loss Guard

input group "General Settings" input long   MagicNumber    = 1000;   // Magic number for this EA input double StartLots      = 0.01;   // Lots amount to start input long   MaxOrders      = 3;      // Maximum number of positions this EA can open input bool   PrintDebugLogs = false;  // Print detailed logs true/false input group "Risk Settings" input double MaxLossInAccountCurrencyToSetStopLossForEachOrder = 0.0; // 0: disabled input group "Grid Settings" input bool   EqualVolumeGrid      = fal

input long   MagicNumber    = 1000;  // Magic number for this EA input double StartLots = 0.01 // Lots amount to start input long MaxOrders = 3 // Maximum number of positions this EA can open input bool   PrintDebugLogs = false;    // Print detailed logs  -- Grid Setting --  input bool EqualVolumeGrid = false // True: all grid positions use StartLots   input long MinDistance = 1000 // Distance to open the next order (points)  input double MinDistanceMultiplier = 2.0 // Distance multiplier

input group "General Settings" input long   MagicNumber    = 1000;   // Magic number for this EA input bool   PrintDebugLogs = false;  // Print detailed logs true/false input group "Risk Settings" input double IndexMaxDrawdownInPercentage = 0.45; // 0.45 means 45 percent input group "Grid Settings" input long   MinDistance          = 3500;  // Distance to open the next order (points) input double MinDistanceMultiplier = 2.5;  // Distance multiplier for each additional order input group "Targe

FTMO Max Daily Loss Guard is a simple MetaTrader 5 Expert Advisor designed to monitor the net profit and loss of all open positions. It checks the account every few seconds and automatically closes all open positions when the current net loss exceeds the defined daily loss limit minus the safety buffer. The EA is built to help traders protect their capital, reduce risk and stay within strict risk-management rules such as the FTMO Max Daily Loss limit.

Strategy: This is a Guard for your account in case the Margin Call of the Account is called. The most brokers have Margin Call at Margin Level of 100%. If account Margin Level is below TriggerMarginLevelPercent (100%), the EA checks all open account positions. For every non-hedge position it opens one reverse position with the same symbol and same volume. After that it will remove itself from the Chart IMPORTANT: CHECK this manually on the Account before using this EA. Only some Broker offer t