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Daily Drawdown Limit EA Prop Firm trading MT4

60 USD

Demo indirildi: 31

Yayınlandı: 26 Kasım 2022

Mevcut sürüm: 1.0

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Daily Drawdown Limit EA Prop Firm trading MT4

Name: Daily Drawdown Limit EA Prop Firm trading MT4
Price: 60.00 USD
Author: Mathieu, Frede Alfaro

Yardımcı programlar
Mathieu, Frede Alfaro
Sürüm: 1.0
Etkinleştirmeler: 5

If you found this EA, it's probably because you want to get a funded account with a prop firm, but you see a rule that most of traders fear : Maximum Daily Drawdown.

I've been through this problem myself as I'm a prop firm trader and I've made a bot to solve this rule, and you can get it to solve this problem too.

How does it work ?

When you first setup this EA, you need to input the initial deposit which corresponds to the size of your funded account. For exemple if you get a 10k$ funded account, you input 10k.
Then, you input the maximum daily drawdown. In most prop firms, the daily drawdown is 5%, but to have a little margin you can input 4,8%. This means that the bot will stop any trades if you lose 480$ in a day. This value never changes as the calculation is not made with your balance, it is made with the initial deposit because most prop firms work that way.
When a trade opens, it will automatically display your daily profit/loss.
It will automatically close every position if your daily drawdown EQUITY reaches the amount you've set up before.
If a position opens it will directly close it and this will be the case until 11PM CEST.
When we go past this time, the daily profit/loss comes back to 0 and it can start trading again by accepting new positions.

This EA is perfect for those who do copy trading or EA trading with a prop firm because it will follow the rules the prop firm wants you to follow.

If you have any questions about it you can contact me. I answer in the day !

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Unlimited Trade Copier Pro is a tool to copy trade remotely to multiple MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not b

299 USD

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 --------------------------------------------------------------

2 700 USD

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

100 USD

This is Advanced NotifyMe version with large interface. Overview The Expert Advisor allows you to receive notifications to the mobile phone (or tablet PC), mailbox or play the sound alert when some events occured: opening or closing position, placing or deleting pending order; changing open price, stop loss or take profit; the account balance, equity, margin level, free margin or drawdown has reached the user specified level. You can specify a notification interval, notification text template

80 USD

The Expert Advisor will help you forward all pop-up alert with screenshot from MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters - Telegram Bot Token - create bot on Telegram and get token. - Telegram Chat ID - input your Telegram user ID, group / channel ID - Forward Alert - default true, to forward alert. - Send message as caption of Screenshot - default false, set true to send message below Screenshot How to setup and guide - Telegram

100 USD

This is exactly what the name says. Visual strategy builder . One of a kind. Turn your trading strategies and ideas into Expert Advisors without writing single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution, strategy tester and cloud optimization. There are very few options for those who have no programming skills and can not create their trading solutions in the MQL language. Now, with Bots Build

149 USD

Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports pending and market orders. Supports partial order close (with limitations, see below) Can send messages and notifications to the Slaves from the Master Severa

72 USD

Drawdown Limit EA Prop Firm trading MT5 If you found this EA, it's probably because you want to get a funded account with a prop firm, but you see a rule that most of traders fear : Maximum Daily Drawdown. I've been through this problem myself as I'm a prop firm trader and I've made a bot to solve this rule, and you can get it to solve this problem too. How does it work ? When you first setup this EA, you need to input the initial deposit which corresponds to the size of your funded accoun

40 USD

Proportional Trade Correction Prop Firm trading MT5 If you found this EA, it's probably because you're in a really specific situation. Here are the conditions if you want to use this EA correctly : - You want to be a prop firm trader. - You want to use signals from MLQ5 market. - You want your trades to be proportional to the signal provider. If you're smart and you want to leverage your money thanks to prop firm trading without knowing how to trade, here's what you may think : "I will get

50 USD

Do you know what is The Blue Ocean Strategy ? It is when an entrepreneur goes on a brand new market with no concurrence because nobody knows about it. This way, the entrepreneur is in a situation of monopoly and can enjoy this situation as long as nobody comes into the market. And you know what ? This situation is reproducible in bot trading thanks to the Blue Ocean Strategy EA MT5. I’m a prop firm trader and I use it myself to make all my trades. After many years of use, a friend told m

60 USD

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909

Alexandre Henrique Vassoler 2022.12.02 02:09 #

When the EA is deleted from the account, its data will still appear on the screen (Drawdown Checking EA, Today Profit, Maximum Drawdown Per Day, etc). It also seems that it is not restarting when new balance is entered. Kindly check.

548

Geliştiriciden yanıt Mathieu, Frede Alfaro 2022.12.02 09:32 #

Hello Alexandre ! 1- If the data still appears on your screen and you don't have the EA attached anymore, can you try deleting the chart and opening it back ? It should delete the data from the screen. 2- If it's not resetting when the new balance is entered, can you try detaching the EA and attaching it back to the chart ? Don't worry, the balance Is updated automatically while you trade !
Hope I answered you question well ! Don't hesitate to come back to me.