Prop Firm Drawdown Protector

5

The DrawdownProtector is a custom MetaTrader 4 (MT4) EA designed to manage floating losses in trading accounts. Let’s break down its key features:

  1. Floating Loss Management:

    • The EA monitors the account’s floating profit and loss (P/L).
    • If the floating loss exceeds a user-defined threshold (default: $100), the EA takes action.
  2. Order Closure:

    • When the floating loss surpasses the threshold, the EA closes all open orders.
    • It ensures that no further losses accumulate beyond the specified limit.
  3. Chart and EA Management:

    • Optionally, the EA can close all other charts and even itself (the EA) when the drawdown occurs.
    • This feature helps prevent additional trades and conserves resources.
  4. Account Information Display:

    • The EA displays essential account information on the chart.
    • This includes account balance, equity, drawdown amount, and current floating P/L.

Remember to customize the parameters (e.g., FloatingLossAmount) according to your risk tolerance. The DrawdownProtector aims to safeguard your trading account by preventing excessive losses due to floating drawdowns. 🛡️📉


Değerlendirmeler 2
trafo82
24
trafo82 2026.01.16 13:36 
 

Perfect!

Yegor Sokolov
173
Yegor Sokolov 2024.11.12 21:45 
 

Works perfectly, just as described by developer! Plus it’s free, what not to love?

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Symbol Manager or Grid Manager, designed to group orders into one position (by Symbol or by Magic Number). This utility will be useful to multi-currency traders (many EAs), who can have multiple orders on several pairs. You will be able to see the total number of lots, the total profit, and set virtual stop loss and virtual take profit. To set a real TP (or SL), you must first set the virtual value, and then enter the command in this cell: "set". If you want to set real TP/SL for all orders at
OrderManager 'ı Tanıtıyoruz: MT4 için Devrim Niteliğinde Bir Yardımcı Program Yepyeni Order Manager yardımcı programı ile MetaTrader 4 için işlemlerinizi bir profesyonel gibi yönetin. Basitlik ve kullanım kolaylığı göz önünde bulundurularak tasarlanmış olan Order Manager, her işlemle ilişkilendirilen riski kolayca tanımlamanıza ve görselleştirmenize olanak tanır, böylece bilinçli kararlar alabilir ve ticaret stratejinizi optimize edebilirsiniz. OrderManager hakkında daha fazla bilgi için lütfen
Trading History - A program for trading and money management on the history of quotes in stratagy tester. It can work with pending and immediate orders, and is equipped with trailing stop, breakeven and take profit functions. Very good for training and testing different strategies. Manual (Be sure to read before purchasing) Advantages 1. Allows you to test any trading strategy in the shortest possible time 2. An excellent simulator for trading training. You can gain months of trading experience
EchoTrade Telegram to MT5 Copier Seamless, Instant, and Reliable Signal Copying - Direct from Telegram to MetaTrader 4! The product does not run in the strategy tester but you can get free trial version   here  for testing before purchase. Tired of manually executing trades from Telegram signals? EchoTrade automates the process, instantly copying trades from any Telegram channel or group directly into your MT5 account—accurately, efficiently, and without delay. Key Features: Universal Compatib
Grid Manual MT4
Alfiya Fazylova
4.71 (17)
Grid Manual, sipariş ızgarasıyla çalışmak için kullanılan bir ticaret yardımcı programıdır. Yardımcı program evrenseldir, esnek ayarlara ve sezgisel bir arayüze sahiptir. Sadece kayıpların ortalaması yönünde değil, aynı zamanda kazanç artışı yönünde de bir emir ızgarası ile çalışır. Tüccarın bir emir ızgarası oluşturmasına ve eşlik etmesine gerek yoktur, bu yardımcı programı yapacaktır. Emri açmanız yeterlidir ve Grid manual otomatik olarak ona bir emir ızgarası oluşturacak ve kapanana kadar ona
The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrader
TP Splitter Pro MT4 TP Splitter Pro MT4 is an advanced Expert Advisor (EA) designed to optimize your take-profit strategy by automatically placing copy trades with multiple TP levels. It ensures a structured exit plan while maximizing profits and managing risk efficiently. Unlike standard trade copiers, TP Splitter Pro MT4 only executes copy orders when the entry price is more favorable than the master order. It places sell orders at a higher price and buy orders at a lower price. With built-in
The  MT4  EAs Manager   is a professional risk management and trade assistance tool designed to monitor, control, and optimize all trading activities on your MT5 account. It acts as a   central command center   that oversees every trade - whether opened by other Expert Advisors or manually by you. How it's work with other EAs :   Blog post  MT5 version :  https://www.mql5.com/en/market/product/166211 Only 10 copies will be sold at the early-bird price. After 10 copies, the price jumps directly t
Riskless Pyramid
Snapdragon Systems Ltd
5 (1)
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
If you need an advisor on any arrow indicator signals - this utility will definitely help you.  You will be able, with the help of this utility to form an unlimited number of EAs on YOUR signals , with your set of settings, with your copyright and complete source code . You will be able to use the resulting EAs unlimitedly , including adding them to the Market and other resources. Free simple version of the generation script to help you understand how it works - here What does the utility do? 
Local Trade Copier EA , bir MAM veya PAMM hesabına ihtiyaç duymadan, harici kaynaklardan ticaret sinyalleri yürütmesi veya aynı anda birkaç hesabı yönetmesi gereken bireysel tüccarlar veya hesap yöneticileri için bir çözümdür. 8 ana hesaptan sınırsız bağımlı hesaba kopyalar [ Kurulum Kılavuzu | Güncelleme Kılavuzu | Sorun Giderme | SSS | Tüm Ürünler ] %100 kendi kendine barındırılan Kurulumu ve kullanımı kolay Hiçbir yükleyici, yapılandırma dosyası, sunucu, bellek kanalı veya DLL kullanılmadı E
News filter, equity guard & session control for all your EAs — one tool, full protection Take a Break has evolved from a basic news filter into a comprehensive account protection solution . It pauses your other Expert Advisors during news events or based on custom filters. When trading resumes, it automatically restores your entire chart setup , including all EA settings. Why traders choose Take a Break One news filter for all your EAs — no more relying on individual built-in filters that may o
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Equity Ratchet FX Stealth Profit Manager & Smart Scalping Assistant "Lock your profits in stealth mode. The ultimate safety net for manual scalpers and grid strategies." What Is Equity Ratchet FX? Equity Ratchet FX is a professional trade management utility built for: Manual Scalpers who want fast execution with structured risk management Grid & Martingale Traders who need a smart, silent profit-locking system This is NOT another traditional trailing stop. Instead, it uses a Virtual Stop
FREE
Account Sentinel Pro - Monitor, Protect & Analyze Account Sentinel Pro is a professional all-in-one account intelligence EA for MetaTrader 5. It is built for traders who want a clean, full-screen control center to monitor account performance, understand real strategy behavior, evaluate execution quality, and assess drawdown risk with much more clarity than the standard terminal view. Instead of showing only raw trade history or a simple profit summary, Account Sentinel Pro organizes your trading
FREE
Filtrele:
trafo82
24
trafo82 2026.01.16 13:36 
 

Perfect!

Yegor Sokolov
173
Yegor Sokolov 2024.11.12 21:45 
 

Works perfectly, just as described by developer! Plus it’s free, what not to love?

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