Market / MetaTrader 4 / Utilities /

Equity Protect

39 USD

Demo downloaded: 142

Published: 31 July 2015

Current version: 1.1

Equity Protect

3.33

Utilities
Heiko Kendziorra
Version: 1.1
Updated: 5 December 2017
Activations: 15

EquityProtect provides hidden StopLoss, TakeProfit or TrailingStop based on the account equity. All orders of all symbols can be closed or just the chosen currency and/or just buys or sells or pending orders deleted. EquityProtect closes all or just defined orders when the account equity falls under or rises over a certain level. Besides EquityProtect can use the account equity as trailing stop. A comment in the chart shows the equity where the robot will react.

mt5 version >>

EquityProtect is very useful for strategies with several open orders, even in different currency pairs or CFDs.

With default settings all open and pending orders will be closed if the account equity falls below the value set in MinEquity.

If MinEquity is set to 0 EquityProtect is disabled, unless MaxEquity or StartTrailEquity is set to a value higher 0.

Note: All equity settings just accept integers, whole numbers.

EquityProtect works in every chart.

Settings

MinEquity - Orders will be closed if the account equity falls below the set value.
MaxEquity - Orders will be closed if the account equity reaches the set value.
StartTrailEquity - When the account equity reaches the value MinEquity is set.
DistTrailEquity - When the set value StartTrailEquity is reached the (trailing) MinEquity value = StartTrailEquity - DistTrailEquity.
MinutesOffAfterClose - If set >0 EquityProtect is deactivated for set minutes after closing positions.

When the account equity rises 1$ (or whatever currency your account is) the trailing-MinEquity also rises 1$.

MinEquity, MaxEquity and StartTrailEquity can be used together.

CloseAllSymbols - All symbols will be closed if the account equity falls below or rises above set value.

If set to false just the orders in the currency where EquityProtect is attached to will be closed.

CloseBuys - Buy orders will be closed. Set to false just sell orders will be closed.
CloseSells - Sell orders will be closed. Set to false just buy orders will be closed.
DeletePending - Pending buy and sell orders will be deleted, depending on the CloseAllSymbols setting.
ShowComment - The comment in the chart shows the equity where EquityProtect will react.

If StartTrailEquity is set but still not reached and MinEquity set to 0 the comment shows: OrderClose Equity < 0

When StartTrailEquity is reached the comment shows the trailing-MinEquity.

Equity Protect provides hidden StopLoss, TakeProfit or TrailingStop based on the account equity.

Equity Protect closes all or defined orders when the account equity falls under or rises over a certain level. Besides Equity Protect can use the account equity as trailing stop. Equity Protect is very useful for strategies with several open orders even in different currencies.

more...

422

Yongqiang Chao 2017.11.15 23:43 #

Function is great! Heiko Kendziorra is the best person in the world and I'm looking forward to waiting for an upgrade!

applebusa 2016.06.13 09:00 #

I bought this today and it is brilliant! Very simple yet it works!

However, if I may suggest, there should be a function that will disable and close all other EAs when amount of equity desired is reached. Thank you for developing this application. Excited for an update.

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The unique Levels EA trades dozens of profitable strategies in any chart. All strategies are easy to understand, can be edited and changed to trade other strategies, currencies, CFDs or timeframes. A handful of strategies can be downloaded in the Comments section and with some time and patience everybody can program own trading strategies without programming knowledge. With a little analytical mind it should be easy. No martingale, no grid, always just one order open with StopLoss. Levels

399 USD

Buy the dip - sell the spike. This simple strategy, executed with limit orders, makes slippage your friend. The extended Take Profit sets no limits to profits, often profits far above the normal scalping profit are achieved. See screenshots below. No martingale, no grid, always just one order open with StopLoss. Live Signal: https://www.mql5.com/en/signals/1495331 The default settings are for GBPUSD M5 chart. Timing is important! Set SetUTC (GMT) according to the timezone

299 USD

Buy The Dip Util is an halfautomatic expert advisor (EA), to buy on dips (days lows) and sell on spikes (days highs). A profit can exceed a loss trade up to 10 times , so the user can have several loss trades and still make profit. Orders are opened at the change of the hour , if a button in the chart is pressed. The Buy The Dip as EA does this automaticly. The order stoploss is automaticly set right below the low of the former hour (buy) or right over the high (sell). The position s

69 USD

Black Night is more than just another night scalper. It is focused on safety first for a long-term stable growth: It does not open trades in the difficult rollover hour when the spreads widen and liquidity is low. If a trade is open it does not open trades in correlating currency pairs. It starts trading one hour before the 'usual' night scalping time to take profit without swap and before spreads widen - if possible . It needs no set files and works fully automatically with the d

299 USD

Black Night is more than just another night scalper. It is focused on safety first for a long-term stable growth: It keeps trading activity low in the difficult rollover hour when the spreads widen and liquidity is low. It starts trading one hour before the 'usual' night scalping time to take profit without swap and before spreads widen - if possible . If a trade is open it does not open trades in correlating currency pairs. It needs no set files and works fully automatically

299 USD

Scalpelo is a unique full automatic trading system that cuts many small chunks out of market movements non-stop 24 hours a day with surgical precision. In EURUSD it opens trades with limit orders, so slippage becomes your friend and internet speed is not an issue. NO m artingale, grid trading or other dangerous method used, that at the end erases your account. Always just one order open with StopLoss. Live Signal >> The default settings are for EURUSD M5 chart. Settings SetUT

299 USD

Trade any currency, crypto, cfd or stock in any timeframe depending on 2 moving averages , from scalping to position trading. All parameters and functions can be modified and de/activated in the settings, there's no hidden algorithm. The Universal Moving Average Expert Advisor ( UniMA EA ) trades a simple strategy that works well with dozens of profitable settings. All backtest results shown in the screenshots below and tradet in the signals can be tested with the provided set files in the co

199 USD

Outbreak is a fully automated robot that follows breakouts in EURUSD. It opens several trades a day and closes them the same day. Always just one order open with StopLoss. More than 80% of the trades are profitable in historical backtests and in the Live trading signal >> Live tradingl of the second strategy here >> NO m artingale, grid trading or other dangerous method used, that at the end erases your account. Usually Outbreak is scalping the market, cutting small profits

399 USD

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970

Olga Snizhko 2021.04.26 22:12 #

Good... When will you fix Taipan that people paid you money for?

422

Yongqiang Chao 2017.11.15 23:43 #

Function is great! Heiko Kendziorra is the best person in the world and I'm looking forward to waiting for an upgrade!

applebusa 2016.06.13 09:00 #

I bought this today and it is brilliant! Very simple yet it works!

Version 1.1 2017.12.05

Setting and function MinutesOffAfterClose added. It deactivates EquityProtect for set minutes after closing orders.