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Drawdown Manager MT4

Welcome to the Drawdown Manager MT4, a equity protector – A powerful MetaTrader 4 Expert Advisor designed to manage trades and safeguard your trading account. This tool is equipped with various settings to enhance your trading experience and protect your investments, making it particularly useful for proprietary trading firms.

You can download the MT4 demo version here

MT5 version is avaialble here

Detailed documentation 

Features:

General Settings: Configure essential parameters such as the Magic Number for identification and various trading options like setting fixed loss amounts or percentage-based limits.
Swap and Commission: Enable the checking of swap and commission charges to ensure they align with trading strategies.
Safeguard Settings: Implement maximum limits on open trades, long and short positions, pending orders, and drawdown percentages to manage risk effectively. Additionally, set limits on the number of trades per day, week, or month.
Actions Settings: Enable automatic closure of trades during drawdowns, adjust chart visibility, and control terminal closure. Optionally, specify whether to close only the highest losing trade.
Display Settings: Customize the appearance of the dashboard, including panel dimensions, text size for readability, and colors for titles, labels, and values.
Alert Settings: Enable notifications for alerts, system notifications, and email notifications to stay informed about trading activities and potential issues.


Conclusion

The EA Utility Tool is a comprehensive solution for managing trades and protecting your trading account, making it an invaluable asset for proprietary trading firms. Configure the settings according to your trading strategy and risk tolerance to optimize your trading experience.

For support or additional information, please contact our dedicated support team.


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VirtualTradePad mt4 Extra
Vladislav Andruschenko
4.88 (57)
Utilitys
Trading Panel für den Handel mit 1 Klick.  Arbeiten mit Positionen und Aufträgen!  Handeln vom Chart oder von der Tastatur. Mit unserem Trading-Panel können Sie mit einem Klick vom Chart aus handeln und Handelsoperationen 30-mal schneller ausführen als die Standard-MetaTrader-Steuerung. Automatische Berechnungen von Parametern und Funktionen, die einem Händler das Leben erleichtern und einem Händler helfen, seine Handelsaktivitäten viel schneller und bequemer durchzuführen. Grafische Tipps und
BBMA Oma Ally Signals Scanner
Moch Ramdhan
1 (1)
Utilitys
BBMA Oma Ally Signals Scanner (BBMA Oma Ally Analyzer Dashboard EA) This is a multi-pair and multi scanner dashboard to find the key signal of BBMA Oma Ally Strategy BBMA consists of the use of 2 indicators: Moving Averages Bollinger Bands BBMA consists of many types of entries: Reentry Extreme Rejection EMA50 GAP (EMA50 to Upper/Lower BB) MHV Full Setup (CSE>TPW>MHV>Direction>Reentry) There are many multi timeframe signals based on this strategy. RRE (Reentry - Reentry - Extreme) REE (Reentry
Layer Master Toolbox
Peter Andrew Thomas
5 (3)
Utilitys
GRID TRADING - Layer Master tool kit is the ultimate, easy to use trading toolkit makes it simple to layer grids of Orders over any entry level. This toolkit will make it simple and fast to Open / Enter and Manage your grid trades on MT4. Every function is simple - but clicking and dragging the order zone - you define an area you want your orders, then you can quickly drag the SL and TP levels to where you want them. Hit one button and your orders are sent!!!  Features: It is capable to send h
MT4 To Telegram Sender
Levi Dane Benjamin
3.5 (4)
Utilitys
Senden Sie vollständig anpassbare Signale von MT4 an Telegram und werden Sie zum Signalanbieter! Dieses Produkt wird in einer benutzerfreundlichen und visuell ansprechenden grafischen Benutzeroberfläche präsentiert. Passen Sie Ihre Einstellungen an und beginnen Sie innerhalb weniger Minuten mit der Nutzung des Produkts! Benutzerhandbuch + Demo  | MT5 Version  | Discord Version Wenn Sie eine Demo ausprobieren möchten, besuchen Sie bitte das Benutzerhandbuch. Der MT4 an Telegram Sender funktioni
Discord To MT4 Copier
Trinh Dat
5 (4)
Utilitys
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
Trade Manager Dashboard
LEE SAMSON
5 (6)
Utilitys
Übernehmen Sie die Kontrolle über Ihr Forex-Portfolio. Sehen Sie sofort, wo Sie stehen, was funktioniert und was Ihnen Schmerzen bereitet! MT5-VERSION HIER VERFÜGBAR: https://www.mql5.com/en/market/product/58658 Das Trade Manager Dashboard soll Ihnen auf einen Blick zeigen, wo sich jede Ihrer Positionen auf dem Devisenmarkt derzeit befindet, und das Risikomanagement und das Engagement in Währungen verständlicher machen. Für Händler, die schrittweise mit mehreren Positionen oder diesen Trading
Ultimate Trade Copier
BLAKE STEVEN RODGER
5 (1)
Utilitys
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
Fast Copy For Multi Plattform Multi Account MT4
Kaijun Wang
5 (12)
Utilitys
Kopierer->Interaktion mit der Benutzeroberfläche ->>>>Empfohlen für den Einsatz auf Windows-Computern oder VPS Windows Grundfunktionen: Die Geschwindigkeit der Copy-Trading-Interaktion beträgt weniger als 0,5 Sekunden 95 % der Symbole auf verschiedenen Plattformen (Sonderfälle wie unterschiedliche Suffixe) werden automatisch abgeglichen, grundsätzlich sind keine manuellen Einstellungen erforderlich 4 Lot-Berechnungsmodi, die je nach Signalquelle eingestellt werden können Mehrere Plattformen, me
Indicators Data Extractor
Mounir Cheikh
5 (2)
Utilitys
This tool will allow you to export MetaTrader indicators data (Buffers) for any financial instrument present in your MetaTrader 4. You can download multiple Symbols and Timeframes in the same csv file. Also, you can schedule the frequency of download (every minute, 5 minutes, 60 minutes, etc.). No need to open a lot of charts in order to get the last data, the tool will download the data directly. The CSV File will be stored in the folder:   \MQL4\Files . How it works Report Tab : Select
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The Nadaraya Watson Envelop indicator for MT5 is a popular tool used by traders to identify trends and potential buy/sell signals. The indicator is based on a non-parametric regression model that uses kernel smoothing to estimate the underlying trend of the market. The resulting envelopes are then plotted around the trend line, providing traders with an indication of where prices are likely to fluctuate. One of the key features of this indicator is its ability to send alerts, emails, and notific
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Brilliant Reversal Indicator for MetaTrader 5 - Your Ultimate Alert-Driven Trading Solution Unlock unparalleled trading success with the "Brilliant Reversal Indicator" tailored for MetaTrader 5. This powerful tool has been meticulously designed to empower traders by identifying critical reversal opportunities with lightning-fast alerts. Key Features: Precise Reversal Detection: The Brilliant Reversal Indicator for MT5 specializes in pinpointing potential trend reversals, providing you with a str
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Utilitys
Product Name: Grid Trade Manager MT5 Description: The Grid Trade Manager EA for MetaTrader 5 is meticulously crafted to oversee trades employing a grid trading strategy. It strategically places a sequence of pending buy and sell orders at predefined intervals, forming a grid pattern. This EA vigilantly monitors market fluctuations, dynamically adjusting the grid to optimize potential profits. Additionally, it incorporates robust risk management features to control grid size and curtail potential
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Welcome to the next level of trading sophistication with the Bollinger Bands Scanner for MT5! Elevate your trading experience and unlock enhanced insights and efficiency with our powerful MT5 indicator. Key Features: Effortless Bollinger Bands Scanning: Seamlessly harness the power of the Bollinger Bands Scanner to scan multiple assets effortlessly. Receive instant alerts when specific Bollinger Bands conditions are met, ensuring you're always ahead of market movements. Comprehensive Dashboard I
Double Top And Bottom Indicator
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Double top and bottom indicator is a pattern scanning indicator which scans the tops and bottoms using zig zag pattern. When it find price bouncing back from the same point twice after a long trend then it generate arrow signals whenever the last resistance points is broken for double bottom and last support price broken for double top. Unlike other top bottom scanner it does not give only 1 signal. it alerts user when ever the last support /resistance is broker from double top/bottom pattern un
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Biswarup Banerjee
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Close Manager EA for MetaTrader 5 Introduction: Welcome to the Close Manager EA, an essential tool designed exclusively for MetaTrader 5. This expert advisor has been meticulously crafted to streamline and enhance the trade closure process. Whether trades are initiated manually or by other EAs, this tool offers a diverse range of customizable criteria, empowering traders with enhanced control over their trade exits. You can find the MT4 version here Key Features: Logs Capture (SHOW_LOGS): Enable
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Account Trailing Stop Manager MT5
Biswarup Banerjee
Utilitys
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CCI Multicurrency Scanner MT5
Biswarup Banerjee
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Welcome to the world of advanced trading with the CCI Multicurrency Scanner for MT5! Elevate your trading experience with our powerful MT5 indicator meticulously designed for seamless analysis and real-time insights. Key Features: Effortless CCI Scanning: Unlock the full potential of the CCI Multicurrency Scanner for MT5 by effortlessly scanning multiple currency pairs. Receive instant alerts when specific Commodity Channel Index (CCI) conditions are met, ensuring you stay ahead of market moveme
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Biswarup Banerjee
2 (1)
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Biswarup Banerjee
Indikatoren
Volume Oscilator is a popular indicator available in trading view which is very popular among traders Definition The Volume Oscillator is an indicator made up of two Moving Averages (MA) surrounding volume, one being fast and the other slow. The slow volume MA value is then subtracted from the value of the fastlow Moving Average. The Volume Oscillator measures volume by analyzing the relationship between the two Moving Averages mentioned. When combined with other indicators it provides a very st
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Experten
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Nadaraya Watson Envelope EA
Biswarup Banerjee
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Nadaray Watson Envelope Strategy: The Nadaray Watson Envelope strategy is a technical analysis tool used to identify trends and support and resistance levels. It is based on the Nadaray Watson estimator, which is a non-parametric regression method. The strategy uses envelopes around price data to signal entry and exit points. For detailed documentation  Overall Settings/Input Guide   High Level Overview of Features Category Setting Description GENERAL SETTINGS Lot Size Initial volume for the fir
Balance Martingale MT5
Biswarup Banerjee
Experten
This is very simple strategy based on martingale and reverse martingale strategy. When Ea keeps on winning it multiplies with winning multiplier ,when it has a loosing streak it multiplies with loosing multiplier. Whenever cycle goes from winning to loosing or vice versa the lot size will be reset to default one. This will keep the risk minimized as we are using it for both side. Also when we are in loosing streak we keep on changing the order type from its previous example. For detailed documen
STC Indicator
Biswarup Banerjee
Indikatoren
STC Indicator  - Boost Your Trading Strategy with Smart Trend Confirmation Description: Enhance your trading strategies and maximize profitability with the STC Indicator for TradingView. Developed by industry experts, the STC Indicator (Schaff Trend Cycle) is a powerful technical analysis tool that combines the best of both trend-following and oscillator indicators to provide reliable buy/sell signals. With its unique algorithm, the STC Indicator effectively identifies trend cycles and confirms
GG TrendBar
Biswarup Banerjee
Indikatoren
GG TrendBar Indicator - Your Multitimeframe ADX Trading Solution Experience the power of multi-timeframe trading with the "GG TrendBar MT5 Indicator." This versatile tool, built upon the ADX indicator, offers precise insights by considering multiple timeframes, ensuring you make well-informed trading decisions. Basic Details : Indicator Type : GG TrendBar Indicator (Multi-Timeframe ADX) Key Metrics : Real-time ADX analysis across multiple timeframes. Customization : Enable or disable specific ti
Angle of Averages
Biswarup Banerjee
Indikatoren
Angle of Moving Averages This indicator is very simple yet powerful concept which constantly calculate the slope of the current bar moving average with respect to the N bar before moving average value. This no only give a good entry and exit signal but also it shows traders the strength of the signal. It shows positive green histogram when market is moving toward upward direction and red histograms for downtrend. When large histograms found means market has  very strong trend. Inputs Available
Angle of Moving Average
Biswarup Banerjee
Indikatoren
Angle of Moving Averages This indicator is very simple yet powerful concept which constantly calculate the slope of the current bar moving average with respect to the N bar before moving average value. This no only give a good entry and exit signal but also it shows traders the strength of the signal. It shows positive green histogram when market is moving toward upward direction and red histograms for downtrend. When large histograms found means market has  very strong trend. Inputs Available
Day and Week Separator
Biswarup Banerjee
Indikatoren
Day and Week separator is a very simple tool to show day and week separator lines from a specific time mentioned in the input. This is specially helpful for the trades who has time zone differences in their broker terminal. Let us take an example  If user know that at 7:00 in the chart his local time 00:00 then he will simply put 7:00 in the input . Separator lines will starts drawing from current day's 7:00 There is also a bold line for weekly separator
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STM Trade Panel
Biswarup Banerjee
Utilitys
Simple trade manager panel is a very usefull utility which gives the trader a flexibility to place orders and close them by profit and loss amount . It also helps in trailing the profit with amount.  It works seamlessly on mt4 terminal. It has features to close specific order type or close all trades Features in nutshell Stoploss ,Takeprofit and Lot size control Book Profit based on amount Cut Loss based on amount Trail Profit after some time Close specific order Type Close all orders
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Angle Of Price
Biswarup Banerjee
1 (1)
Indikatoren
Angle of Price It is a trend following indicator. The idea behind this indicator is very simple. it calculates the angle of certain price type with its N candle back price type. When the price is moving toward upward direction positive angle histograms will be created and vice versa for downward direction. There are couple of price type supported in this indicator. Which is as follows Close Open High Low Median Typical Weighted When combined with other indicators it could be used as a very power
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skycheok 2024.04.12 07:28 
 

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Antwort auf eine Rezension
Version 7.0 2024.04.24
Close terminal reclosed problem resolved
Version 6.0 2024.04.22
fixed the max open orders
Version 5.0 2024.04.22
drawdown calculation converted to negative logic
Version 4.0 2024.04.12
Fix applied for
Daily , Weekly and Monthly Drawdown Percent Closure
Version 3.0 2024.03.22
fix highest loss logic
Version 2.0 2024.03.22
By default magic number filter is disabled

New inputs added
Enable/Disable Closed Trades in Drawdown Calculation(When false then it will calculate the drawdown based on running trades only)
Close Highest Loosing Trade- (When set to true then only closes the highest loosing trade, rest will be opened)