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Equity Drawdown Monitor mt4

1

This is a simple mt4 advisor that monitors the drawdown levels

Features:

  • Easy to use
  • Useful for money managers

How to Use 

  • Load the EA once a single chart
  • Type the maximum drawdown desired in inputs
  • Leave the EA alone and never close that chart
The EA monitors all trades and magic numbers in your account.


Input Parameter

  • Drawdown Percent: Maximum drawdown in percentage terms allowable in the account. When the drawdown level is surpassed, the EA will close all trades and delete all pending orders, close all charts to prevent EAs from further trading.

Author

Julius Mwangi Maina, private investor and speculator, software engineer and founder of Legendary Performance Products.




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Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
Prop Firm Equity Protector safe guard your hard earned prop firm account from balance or equity downdraw. It can be used for live/personal account too. It will close all positions if drawdown hit the preset level or percentage. It can be set to close other EA in the same MT4 terminal too.  This utility is not need to use conjuction with  HFT Prop Firm EA (Green Man),   HFT Prop Firm EA has it build-in equity protector and also it has ultra low drawdown. Setting: Prop Firm Account Size Drawdown
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT4 accounts only. For MT5 accounts, you must use Auto Trade Copier for MT5 . Reference: - For MT4 receiver, please download Trade Receiver Fre
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 MetaTrade
EA Hedger
Sergej Chukhista
4.67 (3)
EA Hedger   , riskten korunmayı kullanarak riskleri yönetmenize olanak tanıyan birçok ayara sahip profesyonel bir ticaret aracıdır. Riskten korunma, halihazırda açık olan pozisyonlara zıt pozisyonlar açmayı içeren bir ticaret tekniğidir. Riskten korunma yardımı ile pozisyon tamamen veya kısmen bloke edilebilir (kilitlenebilir). Bu ürünü satın almak neden karlı: Güvenilirlik   - danışman kapsamlı bir şekilde kontrol edilir ve test edilir Kullanışlılık   - Uzman Danışman gerçek ticarette kullan
DFGX Dashboard
Tsvetan Tsvetanov
4.33 (3)
Take your trading to the next level with DFGX - our second generation Dynamic Fibonacci Grid. This new, powerful and easy to use application is specially designed and optimized for contrarian intraday trading, scalping and news trading on the Forex market. This system is the ideal solution for active professional traders and scalpers who are looking for innovative ways to optimize their strategy. The system also provides excellent opportunity for new traders who want to learn to trade in a syste
ADAM EA Special Version for FTMO  Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 Signal using ADAM  https://www.mql5.com/en/signals/2190554 --------------------------------------------------------------
Yazarın diğer ürünleri
EQUITY DRAWDOWN MONITOR   This is a simple mt5 advisor that monitors the drawdon levels Features: Easy to use Useful for money managers How to Use  Load the EA once a single chart Type the maximum drawdown desired in inputs Leave the EA alone and never close that chart The EA monitors all trades and magic numbers in your account. Input Parameter Drawdown Percent:   Maximum drawdown in percentage terms allowable in the account. When the drawdown level is surpassed, the EA will close all tra
Filtrele:
Sameer Haque
493
Sameer Haque 2022.08.15 05:43 
 

Doesn't work as expected instead it closed all trades and charts.

Julius Mwangi Maina
398
Geliştiriciden yanıt Julius Mwangi Maina 2022.09.06 22:00
Hello Sameer. Yes it is true that the EA is coded to close all trades and charts once a certain drawdown in the account balance is met. Its good you rented it for a month to learn how it works first before using it.
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