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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.

Note: Download and test the   Drawdown Manager MT4   demo version on your demo account  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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Noha Mohamed Fathy Younes Badr
4.86 (14)
Utilitys
Hi, all.  News trapper EA It is an expert for trading news very safe expert  Automated Trading on the news of the economic calendar. It shows stable trading during last 10  years. EA doesn't use dangerous technologies like martingale, grid. The Expert is very simple to use.      sale will end after 48 h how to install it     and set files     read the blog         after purchase contact me to add you to   VIP   channel  The program contains flexible settings for trading on the news of the econ
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Vladislav Andruschenko
4.86 (28)
Utilitys
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Extra Time Bar
Mostafa Saad Saeed Shawara
Utilitys
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Ianina Nadirova
Utilitys
Trade Manager Assistant ist ein professionelles Handels-Dashboard für die erweiterte Auftragsverwaltung. Trade Assistant kombiniert Risikomanagement-Tools mit erweiterten manuellen Funktionen zur Bearbeitung von Handelsaufträgen. Link zur   vollständigen Installationsanleitung. Mit dem intelligenten Risikomanagement können Sie automatisch die optimale Losgröße basierend auf dem Risikoprozentsatz oder dem festen Betrag pro Trade berechnen. Legen Sie automatisch Stop-Loss- und Gewinnniveaus fest u
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Kaijun Wang
5 (12)
Utilitys
Kopierer->Bequeme und schnelle Schnittstelleninteraktion, Benutzer können es sofort verwenden       ->>>> Empfohlen zur Verwendung auf Windows-Computern oder VPS Windows Merkmale: Diversifizierte und personalisierte Copy-Trading-Einstellungen: 1. Für unterschiedliche Signalquellen können unterschiedliche Lot-Modi eingestellt werden. 2. Für Forward- und Reverse-Copy-Trading können unterschiedliche Signalquellen eingestellt werden. 3. Signale können mit Kommentaren eingestellt werden. 4. Ob das L
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Laszlo Tormasi
5 (15)
Utilitys
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
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Eric John Pajarillaga Aldana
5 (4)
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TakePropips TradePad Pro enthält einen leistungsstarken Handelsmanager, Währungsstärkemesser, Kontoberichtstools, Risikomanagementtools und mehr! Es ist einer der fortschrittlichsten Forex-Handelsmanager und Handelsassistenten, denen Sie jemals begegnen werden! Es ist die perfekte Lösung für Händler, die Handelstransaktionen effizienter verwalten möchten. Sie können das Benutzerhandbuch in unserem Blogbeitrag herunterladen:   https://www.mql5.com/en/blogs/post/751180 Sie können dieses Handelss
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Amir Atif
5 (5)
Utilitys
MACD Divergence Scanner is a multi-timeframe and multi-symbol dashboard and alert that checks all timeframes and symbols to find regular and hidden divergences between price chart and MACD indicator. This divergence scanner is integrated with support and resistance zones so you can check the MACD divergences in the most important areas of the chart to find trend reversals in the price chart. Download demo version   (works on M 1,M5,M30,W1   timeframes) Full description of scanner parameters ->  
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LEE SAMSON
4.6 (5)
Utilitys
Das Price Action Toolkit EA ist in erster Linie für Scalper konzipiert, kann aber in allen Zeitrahmen verwendet werden, um schnell in den Markt mit korrekt berechneter Losgröße auf der Grundlage Ihres Stop-Levels einzutreten. Es ermöglicht Ihnen den schnellen Einstieg in Trades (sofort oder bei Kerzenhochs und -tiefs mit Pending Orders) und dann Stops anpassen und Gewinne mitnehmen, wenn sich der Markt bewegt. Für eine vollständige Liste aller Funktionen, Einstellungen und Best-Practice-Strat
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Roman Podpora
5 (4)
Utilitys
DEMOVERSION HERUNTERLADEN ANWEISUNGEN -       https://www.mql5.com/ru/blogs/post/758419 IM TESTMODUS             (im Tester) Panel-Funktionalität             NICHT AKTIV       Wir haben lediglich eine visuelle Darstellung des Panels selbst bereitgestellt. Ein Tool, das die Positionsgröße oder das Risiko basierend auf einem bestimmten Stop-Loss-Level sofort berechnen kann, ist sowohl für professionelle als auch für unerfahrene Händler von entscheidender Bedeutung. Das Handelsdienstprogramm TRA
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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)