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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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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
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 with price action automation
88 USD
Trade Manager to help you quickly enter and exit trades while automatically calculating your risk. Trades can be managed automatically and the account performance metrics can be visualised in a graph. These features make this panel ideal for all manual traders and it helps to enhance the MetaTrader 5 platform. MT5 Version ,   User Guide The Trade Manager does not work in the strategy tester. For a demo please   message me Risk Management Automatic adjustment of risk based on % or $ Option to
80 USD
Auto Trade Copier
Vu Trung Kien
4.92 (86)
自动交易拷贝机 设计用于在多个 MetaTrader 4 账户/终端之间 100% 精确拷贝交易。 利用这个工具,您可以既作为供应者 (源) 也作为接收者 (目的地)。所有交易行为将从提供者那里拷贝到接收者,中间没有延迟。 演示版: 用于测试的演示版在此下载: https://www.mql5.com/zh/market/product/4904 参考: 如果您需要在网络的不同位置之间拷贝, 请参考 交易拷贝机专业版 https://www.mql5.com/zh/market/product/5412 以下是突出功能: 在同一款工具中,在提供者与接收者之间切换。 可以将一个提供者的交易拷贝至多个接收者。 一个接收者也可以拷贝来自多个供应者的账户交易。 每个帐户可以同时充当提供者和接收者,所以帐户可以彼此双向传输拷贝。这就好像一个交易共享网络。 不仅入场和离场, 还拷贝止损/止盈的修改, 所以在断网或终端停机时也能保证接收者的安全。 接收者的账户依旧可以进行手工交易或使用其它 EA,并无任何冲突。 自动识别并同步经纪商之间的货币符号后缀。 允许多大 5 个特殊符号设置 (即:
79 USD
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
299 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
Master Trend Dashboard is a new generation indicator, compact, light and efficient. Each element of this Dashboard is designed to return specific signals as: Price Action, Breakout, Net Change (performance of the instrument), algorithmic studies, correlations and statistical calculations. This tool will change your way of trading allowing you to receive important information. See the Graphic Signals to understand every single signal below: Graphic Signals Symbol name and arrow color Green = Cu
150 USD
Click and Go Trade Manager
Victor Christiaanse
5 (7)
Click and Go Trade Manager, the ultimate solution for seamless trading execution. With a simple click on the chart, you can effortlessly define your stop loss, entry price, and target levels. No more hassle of inputting values manually - it's made incredibly intuitive and easy. Embedded risk management is a key feature of our Trade Manager. We understand the importance of protecting your investments, which is why the Click and Go Trade Manager incorporates risk management. When placing orders,
99 USD
The product is used to trade base on Alert signal from Tradingview with support of an application "Tradingview To MetaTrader". Easy to setup, simple format with custom keyword, do not need to open Internet browser to get alert Allow g et   popup alert from one or more   Tradingview account All option to management orders as trailing stop, breakeen, partial close, time filter, news filter ... Option to auto open grid orders How to setup and guide: Let read all details about setup and download " T
149 USD
RedFox Copier Pro
Rui Manh Tien
5 (10)
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
149 USD
Ultimate Trailing Stop EA
BLAKE STEVEN RODGER
4.57 (14)
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
The Expert Advisor will help you forward all alert from MetaTrader 4 to discord channel. Parameters Discord url webhook - create webhook on your discord channel. Use multi webhook url - use file to input multi  webhook url, with each line, input one link, input symbol before link to send only alert from the symbol to the channel. Example: EURUSD=link1 Forward alert   - default true, to forward alert. Send message as caption of screenshot   - default true, one message include alert and screensho
100 USD
News Trade EA MT4
Konstantin Kulikov
4.4 (15)
在此向大家介绍一款我本人使用多年的机器人。该产品支持半自动和全自动交易模式。 本程序包含基于经济日历新闻的灵活交易设置功能。不支持策略测试器检验。仅可进行实际操作。需在终端设置允许URL 列表中添加新闻网站。点击服务 > 设置 > 智能交易系统。选中“允许WebRequest对下列URL发出请求:”。添加下列(删除空格):https://  ec.forexprostools.com/ 全自动模式下默认设置监控: https://www.mql5.com/zh/signals/1447007 。请将交易系统与任意时间框架(时间框架无影响)英镑美元/GBPUSD图表绑定,以获得类似结果。 请参考博客中各类参数说明自行实现个性化设置   : https://www.mql5.com/en/blogs/post/748545   。 主要默认设置说明 单一图表英镑/GBP(英镑美元/GBPUSD、欧元英镑/EURGBP、英镑日元/GBPJPY、英镑加拿大元/GBPCAD、英镑澳大利亚元/GBPAUD、英镑瑞士法郎/GBPCHF)货币对操作。英镑/GBP是波动性最大的货币,能够为用户
97 USD
FTMO Protector 7
Vyacheslav Izvarin
PROTECT YOUR FTMO Account in a simplest way Must-Have   Account Protector for any Prop-trading Account and Challenge MT4 / MT5 Expert Advisor that protects your Forex Prop Trading account from an unexpected drawdown! FTMO Protector  is a Tool that lets you manage trades and control your profit and loss across multiple Robots and currency pairs using a simple parameters and settings. Use as many EAs and Instruments you need, the Protector will: 1.   Calculate your midnight (01:00 System time) Bal
270 USD
Trade Assistant Pro 36 in 1
Makarii Gubaydullin
4.95 (19)
多功能工具:超过65个功能,其中包括:手数计算,价格行为,盈亏比,交易管理,供需区域。 演示版   |   用户手册   |  MT5版 该实用程序在策略测试器中不起作用:您可以在此处下载 演示版来测 试产品。 任何问题 / 改进意见 / 如果发生了故障或错误  都可以联系我 Trading functions require permitted auto trading (including on the broker's side) 简化,加快并且自动化你的交易过程。利用这款工具的控制功能就能增强普通交易端的执行力。 建立一笔新的交易:手数 / 风险 / 盈亏计算 1. 手数计算工具 (基于风险规模的交易量计算) 2. 风险计算工具 (基于手数大小的风险额计算) 3. 盈亏比 4. 订单的激活和触发,买入或卖出限价/买入或卖出止损:MT4也适用 5. 虚拟的止损/止盈 (隐藏的止损,止盈:交易商不可见) 6.  智能的止损/入场点:当价格柱在收盘时已超越了才入场 (避免无效触发) 7. 隐藏掉挂单 (虚拟的订单) 8. 预订挂单:在市场关闭的时候你也可以下挂单 (适
139 USD
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
199 USD
Trade Dashboard MT4
Fatemeh Ameri
5 (14)
Tired of complex order placement and manual calculations? Trade Dashboard is your solution. With its user-friendly interface, placing orders becomes effortless, by a single click, you can open trades, set stop loss and take profit levels, manage trade lot size, and calculate risk to reward ratios, allowing you to only focus on your strategy. Say goodbye to manual calculations and streamline your trading experience with Trade Dashboard. By purchasing this product you are entitled to receive one  
80 USD
Trade Master MT4
Chao Chen Li
5 (1)
简介  本产品迈达量化全系列一款集很多功能为一体的交易面板。 支持便捷性交易,风控系统,跟单系统及图形绘制。 它会是你交易路上的得力助手。 功能介绍 第一个标签是常用的交易工具,支持划线下单,鼠标下单等快捷开仓和挂单工具。 第一个标签是关闭仓位和删除挂单功能,支持按比例,魔术编号,产品符号操作。 第三个标签是工具集合栏目,支持各种常用的交易工具。 订单管理,可实现订单批量选择操作,更直观简介。 风控系统,支持净值风控,手数,单数控制,支持手机挂单风控。 键盘交易,可以实现键盘按键成交和关闭仓位,同时可实现组合操作。 图表管理,可绘制交易时段,也可分类删除图表绘制的各种构件,也可绘制交易时段。 信息统计,统计账户信息,产品信息及终端信息。 跟单系统,支持开仓,挂单,删除挂单,部分平仓,可选择定制信号,如魔术编号等。 特色的优点  各种支持交易的工具组合一体,不用来回切换多个软件。 软件设计漂亮美观,高亮显示,运行流畅,模块紧凑,用户体验好。 各种工具互相搭配使用可实现复杂的交易操作。 关于我们  欲了解更多我们产品信息,请[点击这里]( https://www.mql5.com/e
69 USD
News Trader Pro
Vu Trung Kien
4.38 (16)
新闻操盘手专业版 是一个独特的机器人,让您使用您预先定义的策略进行消息交易。它从几个流行的外汇网站加载的每条消息的片断。您可以选择任何消息和预设的策略进行交易,之后新闻操盘手专业版根据选定的策略,在新闻来临时自动进行交易。 新闻发布给出了赚点数的机会,因为在那个时刻,价格通常有大动作。现在,利用这款工具,新闻交易变得比以往任何时候更容易,更灵活,更令人兴奋。不要等待,不要错失,不要再迷惑了。每周只需针对重要新闻设置一次,这个工具将完全按照您的计划进行精准交易。 演示版: 由于这不是一个自动交易机器人 (它是半自动), 您需要下载单独的演示版本: https://www.mql5.com/zh/market/product/5931 参考: 如果您只需要加载新闻 (无需交易), 您可以购买新闻加载机专业版: https://www.mql5.com/zh/market/product/5463 功能 包括所有 新闻加载机专业版 的功能 (查看详情)。 针对每条新闻构建您自己的策略,具有非常灵活的参数。 支持五种高级策略,带有大量控制参数 (止损, 止盈, 尾随, 网格间隔, 手数缩放
299 USD
交易者的最佳伙伴! 助手详细说明文档,点击阅读 基本使用设置 基本: 支持语言的选择切换(目前支持中文和英文)   自动识别语言 支持 热键开平仓 绑定, 使用快捷键进行快速开平仓......      快捷键平仓. 解锁支持大部分功能 复盘 操作,可以在 测试环境下使用 开仓平仓区域: 一键开仓( 包含止盈止损的便捷设置,手数自动计算等便捷功能) 一键平仓 (锁仓),极简的风格设计,可以自由选择平仓品种,平仓类型(多单,空单,或者挂单),是否平仓盈利大于0的订单,是否平仓亏损订单,平仓比例的设置(0~100%),且是否平仓反向,以及锁仓功能,均在选项中可以直接实现操作. 多键平仓 划线开单控件 计算出多单或者空单的 平均持仓价格 并划线 止盈止损等自动 设置 多品种,多,空,分类平仓 .. 挂单区: 批量间隔挂单 功能。 批量挂单删除 功能 设置区: 开平仓消息框提示再确认开关 语言切换 热键设置 点数校正 自动化功能区: 划线交易 自动止盈止损 账户保盈 保护止损 移动止损 账户风控 影子订单功能 万向加仓模块 ①逆势加仓多单 ②逆势
88.88 USD
Ofir Notify is a tool which send alerts on trades to Telegram Alert on any event concerning a position : Opening, Closing, modification (SL, TP) Send alerts to Chats, Groups and Channel Alert on Equity change Display Risk, Reward and progress of profit/lost for each position Customization of alerts Sending charts screenshots with alerts Send signals from your indicators or experts Daily, weekly and monthly summaries Reply mode: send modification and closing alert as reply of the main alert (open
65 USD
The  Easy Strategy Builder (ESB)  is a " Do It Yourself " solution that allows you to create a wide range of the automated trading strategies without any line of codes. This is the world’s easiest method to automate your strategies that can be used in STP, ECN and FIFO brokers. No drag and drop is needed. Just by set conditions of your trading strategy and change settings on desired values and let it work in your account. ESB has hundreds of modules to define unlimited possibilities of strategi
299 USD
作者的更多信息
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
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
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
筛选:
Alexandre Henrique Vassoler
830
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
517
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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