Protectron

Protectron - Your 24/7 Account Protection System

Lock Profits, Limit Losses, Trade with Confidence

Overview

Protectron is a professional account protection system designed to automatically safeguard your trading capital by enforcing strict profit targets and loss limits. Whether you're trading manually, running other EAs, or managing multiple strategies, Protectron acts as your silent guardian—monitoring your account equity in real-time and executing protective actions when your defined thresholds are reached.

Unlike traditional risk management tools, Protectron monitors your total account equity (including floating P&L), providing true real-time protection that responds instantly to market conditions.

Key Features

Dual Protection System

  • Profit Target Protection - Automatically close all positions when your profit goal is achieved
  • Loss Limit Protection - Stop losses instantly when maximum drawdown is reached

Flexible Target Types

Choose from 5 different calculation methods for both profit and loss targets:

  • Fixed Equity - Target specific account equity level
  • Dollar Amount - Gain/lose X dollars from initial deposit
  • Percent of Deposit - Percentage gain/loss from starting capital
  • Percent of Balance - Percentage of current balance
  • Off - Disable protection when not needed

Smart Initial Deposit Detection

  • Auto Mode - Automatically detects your starting balance
  • Manual Mode - Specify your exact initial deposit for precise calculations

Complete Position Management

  • Closes all open positions instantly when triggered
  • Optionally deletes all pending orders
  • Prevents new trades from opening after protection activation

Real-Time Visual Dashboard

  • Live equity monitoring
  • Progress bars showing distance to targets
  • Clear status indicators
  • Profit/Loss tracking from initial deposit

Cross-Platform Compatible

Safety Features

  • Configurable alerts when protection triggers
  • Optional algo trading disable recommendation
  • One-time execution prevents duplicate actions
  • Non-intrusive operation with other EAs

How It Works

Step 1: Initial Deposit Detection

When Protectron starts, it determines your initial deposit using either:

  • Auto Mode: Uses current account balance
  • Manual Mode: Uses your specified value

This becomes the baseline for all profit/loss calculations.

Step 2: Real-Time Monitoring

Protectron continuously monitors your account equity (balance + floating P/L) on every tick.

Step 3: Threshold Detection

When equity reaches your profit target OR drops to your loss limit:

  1. All open positions are closed immediately
  2. Pending orders are deleted (if enabled)
  3. Alert notification sent (if enabled)
  4. Protection status activated - prevents re-triggering

Step 4: Safe Mode

After protection triggers, Protectron enters "Protection Active" mode and stops further actions. You maintain full control to restart or adjust settings.

Settings Guide

Initial Deposit Settings

Parameter Description Recommended
Deposit Detection Auto or Manual Auto for most users
Manual Spec ($) Your starting capital Set if using Manual mode

Example:

  • Started with $10,000? Set Manual mode = 10000.00
  • Let EA auto-detect? Use Auto mode

Profit Target Settings

Parameter Description Example
Target Type How to calculate profit goal Amount
Target Val ($ or %) Your profit goal 1000 (= $1,000 profit)
Delete Pendings? Remove pending orders on trigger Yes

Target Type Options:

Type Description Example (Initial = $10,000)
Off No profit protection -
Equity Close when equity reaches X Value=15000 → Close at $15,000 equity
Amount Close when profit reaches X Value=1000 → Close at $11,000 equity (+$1,000)
% Deposit Close at X% gain from deposit Value=10 → Close at $11,000 equity (+10%)
% Balance Close at X% gain from current balance Value=5 → Close when balance up 5%

Profit Target Examples:

Initial Deposit: $10,000 Example 1 - Amount: Setting: Amount, $1,000 Triggers at: $11,000 equity Example 2 - % Deposit: Setting: % Deposit, 15% Triggers at: $11,500 equity Example 3 - Fixed Equity: Setting: Equity, $12,500 Triggers at: $12,500 equity

Loss Limit Settings

Parameter Description Example
Limit Type How to calculate loss limit % Deposit
Max Loss ($ or %) Maximum allowed loss 5 (= 5% loss)
Delete Pendings? Remove pending orders on trigger Yes

Limit Type Options:

Type Description Example (Initial = $10,000)
Off No loss protection -
Equity Close when equity drops to X Value=9000 → Close at $9,000 equity
Amount Close when loss reaches X Value=500 → Close at $9,
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Protectron - Your 24/7 Account Protection System Lock Profits, Limit Losses, Trade with Confidence Overview Protectron is a professional account protection system designed to automatically safeguard your trading capital by enforcing strict profit targets and loss limits. Whether you're trading manually, running other EAs, or managing multiple strategies, Protectron acts as your silent guardian—monitoring your account equity in real-time and executing protective actions when your defined threshol
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