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Daily Drawdown Limit EA Prop Firm trading MT4

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 ?

  1. 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. 
  2. 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.
  3. When a trade opens, it will automatically display your daily profit/loss. 
  4. It will automatically close every position if your daily drawdown EQUITY reaches the amount you've set up before. 
  5. If a position opens it will directly close it and this will be the case until 11PM CEST. 
  6. 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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TradePanel MT4
Alfiya Fazylova
4.91 (88)
交易面板是一个多功能的交易助手。 该应用程序包含 50 多个手动交易功能,并允许您自动执行大多数交易操作。 购买之前,您可以在模拟帐户上测试演示版本。 演示 此处 。 完整说明 此处 。 该应用程序被设计为一组互连的面板: 贸易面板。 旨在执行基本交易操作: 打开挂单和仓位。 关闭挂单和仓位。 立场逆转。 通过开立相反仓位来封锁仓位。 一键执行所有仓位的部分平仓。 只需单击一下,即可将所有头寸的止盈和/或止损设置为同一水平。 一键点击,将所有仓位的止损设置至盈亏平衡水平。 开挂单和建仓时,您可以: 根据既定风险自动计算交易量。 一键打开多个订单。 将计算出的交易量分配给多个订单(如果计算出的交易量大于每个订单允许的最大交易量)。 使用标签打开订单,在图表上直观地显示未来订单的交易水平位置。 建仓时,设置最大点差限制。 使用止盈和止损之间的自动比率。 使用虚拟止损和止盈。 将当前点差添加到止损和止盈。 使用 ATR 指标计算止盈和止损。 为挂单设置“挂单到期日期”。 当关闭挂单和持仓时,您可以: 一键按订单类型关闭。 一键点击,仅平仓盈利或无利可图的头寸。 一键关闭所有订单。 风险管理面
The product will copy all telegram signal to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal, s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to
RedFox Copier Pro
Rui Manh Tien
4.75 (12)
FREE SIGNAL CHANEL:  https://t.me/redfox_daily_forex_signals Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4  p
-25% discount ($199 -> $149) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types   - Set and forget trading
VirtualTradePad mt4 Extra
Vladislav Andruschenko
4.85 (62)
一键交易的交易面板。处理头寸和订单!通过图表或键盘进行交易 交易小组进行人工交易。您可以从图表(图表窗口)或键盘进行交易。打开和关闭,反向和锁定。处理职位和订单! МetaТrader4中主要订单的交易控制面板:买入,卖出,买入,买入,卖出,卖出限制,收盘,删除,修改,追踪止损,止损,止损。 MT5版本 详细描述   +DEMO +PDF 如何购买 如何安装     如何获取日志文件     如何测试和优化     Expforex 的所有产品 从符号窗口交易并从键盘交易! 您正在为MetaTrader 4终端提供一个独特的插件 - 虚拟控制面板VirtualTradePad。 Description on English 注意!如果您想学习如何交易 策略测试器  ,请查看我们的免费 TesterPad 实用程序 VirtualTradePad在“  MQL5语言最佳图形面板  ”竞赛中 获得二等奖 。 工作标签 职位标签   -使用职位: 开/关买入和卖出, 冲销所有头寸, 锁定一个共同的立场, 更改止损/获利, 设定一般的止损/获利的位置, 启用追踪止损, 实现盈亏
将信号从您所属的任何渠道(包括私人和受限渠道)直接复制到您的 MT4。 该工具在设计时充分考虑了用户的需求,同时提供了管理和监控交易所需的许多功能。 该产品采用易于使用且具有视觉吸引力的图形界面。 自定义您的设置并在几分钟内开始使用该产品! 用户指南 + 演示  |     MT5版本  |     不和谐版本 如果您想尝试演示,请参阅用户指南。 Telegram To MT4 接收器在策略测试器中不起作用! Telegram 至 MT4 功能 一次复制多个通道的信号 从私人和受限频道复制信号 不需要机器人令牌或聊天 ID(如果出于某种原因需要,您仍然可以使用这些) 使用风险百分比或固定手数进行交易 排除特定符号 选择复制所有信号或自定义要复制的信号 配置单词和短语以识别所有信号(默认值应适用于 99% 的信号提供商) 配置时间和日期设置以仅在需要时复制信号 设置一次打开的最大交易量 交易和头寸管理 使用信号或自动设置的管理 通过设置每月、每周、每天、每小时或每分钟的最大交易次数,停止过度交易和报复性交易。 支持市价订单和挂单 每日最大利润目标(以美元为单位)以确保头寸并停止
Averaging Helper
Sergey Batudayev
5 (2)
Averaging Helper - This sort of trading helper instrument will help you average out your previously unprofitable positions using two techniques: standard averaging hedging with the subsequent opening of positions according to the trend The utility has the ability to sort out several open positions in different directions at once, both for buy and for sell. For example, you opened 1 position for a sell and the second for a buy, and they are both unprofit, or one is in the unprofit and one is in
Take a Break
Eric Emmrich
4.93 (28)
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
交易管理器可帮助您快速进入和退出交易,同时自动计算风险。 包括帮助您防止过度交易、报复性交易和情绪化交易的功能。 交易可以自动管理,账户绩效指标可以在图表中可视化。 这些功能使该面板成为所有手动交易者的理想选择,并有助于增强 MetaTrader 4 平台。多语言支持。 MT5版本  |  用户指南+演示 交易经理在策略测试器中不起作用。 如需演示,请参阅用户指南 风险管理 根据%或$自动调整风险 可选择使用固定手数或根据交易量和点自动计算手数 使用 RR、点数或价格设置盈亏平衡止损 追踪止损设置 最大每日损失百分比,在达到目标时自动平仓所有交易。 保护账户免遭过多提款并阻止您过度交易 最大每日损失(以美元为单位)在达到目标时自动关闭所有交易。 保护账户免遭过多提款并阻止您过度交易 一键实现所有交易的盈亏平衡 自动计算从手机/电话发送的交易的风险 OCO 在设置中可用 交易和头寸管理 通过设置每月、每周、每天、每小时或每分钟的最大交易次数,停止过度交易和报复性交易。 高级挂单管理。 调整何时关闭挂单的规则 追踪挂单 支持市价订单和挂单 每日最大利润目标(以美元为单位)以确保头寸并停
The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow adding more strategies every time.  You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA in this market place. You can use as trad
-25% discount ($149 -> $111) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials, manuals, DEMO download   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extender or
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
Ultimate Trailing Stop EA
BLAKE STEVEN RODGER
4.33 (15)
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
Ultimate Trade Copier
BLAKE STEVEN RODGER
5 (1)
This trade copy utility allows you to instantly and seamlessly replicate and synchronize unlimited orders from multiple master accounts to multiple slave accounts on your local machine. You can create custom channels (or portfolios) with advanced filtering capabilities to copy from multiple master accounts to multiple slave accounts. Moreover, you can tailor these channels with a range of lot sizing and trade condition options to ensure that copied trades outperform the original source. You can
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
TPSpro Trade PRO
Roman Podpora
5 (3)
-  Version MT5  (Coming soon) An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility  TRADE PRO   provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over th
The program is use to copy trading from MT4   to MT4 and MT5  on local PC or copy  over the Internet.   Now you can easy copy trades to any where or share to friends. Only run one Flash Server on VPS, also need allow the apps if you turn on Windows Firewall. Can not add more than 20 account copier to server, include both  MT4 and MT5 Get free Copier EA for MT4 and MT5 (only  receive signal),   download here Instants copy, speed smaller 0.1 seconds, easy to setup How to setup and guide Let read a
DrawDown Limiter MT4
Haidar, Lionel Haj Ali
5 (9)
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
TakePropips TradePad Pro
Eric John Pajarillaga Aldana
5 (4)
TakePropips TradePad Pro 包括一个强大的交易管理器、货币强度计、账户报告工具、风险管理工具等等! 它是您将遇到的最先进的外汇交易经理和交易助手之一!对于想要更有效地管理贸易交易的交易者来说,它是完美的解决方案。 您可以在我们的博文中下载用户手册: User Manual 您可以在 Strategy Tester 上测试此交易系统(启用可视模式)。如果您喜欢在实时图表上进行测试,也可以给我发消息以获取 7 天试用版。 视频教程也可在说明下方获得更多详细信息。 如果您有任何疑问或需要帮助,请随时与我联系,我很乐意提供帮助。 TradePad Pro 适用于所有外汇对、金属、商品、指数和加密货币。 主要特点 订单管理 - 公开市场或挂单,轻松调整止盈、止损和手数大小。 获利计算 - 手动点数、ATR 乘数和风险回报率。 止损计算- 手动点,   ATR 乘数和供应/需求。 批量计算 - 手动点,   每笔交易的风险百分比和风险金额。 账户保护 - 回撤保护允许您设置账户回撤的最大限额以避免进一步损失。利润保护为您的账户设置最大利润限额以避免过度交易。 编辑订
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
Trader Evolution MT4
Siarhei Vashchylka
5 (2)
" Trader Evolution " - A utility designed for traders who use wave and technical analysis in their work. One tab of the utility is capable of money management and opening orders, and the other can help in making Elliott wave and technical analysis. Manual (Be sure to read before purchasing) | Version for MT5 Advantages 1. Trading in a few clicks. Immediate and pending orders are available in the panel 2. Money management. The program automatically selects the appropriate lot size 3. Simpli
Unlimited Trade Copier Pro is a tool to copy trade remotely between multiple MT4/MT5 accounts at different computers/locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his 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 be able to receive the signal
Virtual KillerTrade
Antonis Michos
5 (13)
Telegram Group: Find the link in my profile or contact me Welcome. Virtual Killer Trade is an exceptional EA which : Guides you WHEN to open the FIRST trade. After that an intelligent system starts to manage that trade and you do not have to worry when to close it neither when you must open a second or third etc one !!! Attach the EA, wait for the signal,open the trade and then go to sleep !!! FOR more experienced traders,you do not have to wait for a signal.Open the first tra
Customized Copy MT4
Kyra Nickaline Watson-gordon
Customized Copy is a Multi-Terminal visual trade copying utility that supports Metatrader4 and Metatrader5 for Trade Copying.  You can activate EA on 10 different PCs/VPS. On each PC/VPS can install on Unlimited Terminals. Specifications :     Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying (support over 50 accounts at same time)     All settings are input visually.     Visual display and modify of copy map and network     Each copy path can be used with different setti
FTMO Sniper 4
Vyacheslav Izvarin
Dedicated for FTMO and other Prop Firms Challenges 2020-2023 Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Best results on GOLD and US100  Use any Time Frame Close all deals and Auto-trading  before  US HIGH NEWS, reopen 2 minutes after Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday Recommended time to trade 09:00-21:00 GMT+3 For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 -------------------
作者的更多信息
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
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
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
筛选:
Alexandre Henrique Vassoler
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.

Mathieu, Frede Alfaro
548
来自开发人员的回复 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.
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