Add to EA "opens no new trades if the floating draw down exceeds x%

MQL4 Consultation

Job finished

Execution time 5 minutes
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Feedback from customer
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Specification


I have a 6 pair chart EA (drag to each chart, load set etc).



It would be helpful to add to the EA, that if a one or more trades took say, 20,25,30% equity, then the other charts would know not to open further trades. There by allowing the full account balance or of course any at that point trades open to work out and close.

The English for this from another EA which has this feature is "opens no new trades if the floating draw down exceeds  XX%"

I believe this is a pretty simple code addition and once this task is complete and tested I will list second job for you at $49.99 which will be to have "max open trades open"

So standard watch "magic" and if X amount are open, then no more will open.   So basicly to have only 2 or 3 trades open at a time.

But first lets get this code sorted.

You will be pointed to the MQL author to progress. 



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Similar orders
The basic indicator and the only indicator to be used is PRICE PERCENT RANGE and the indicator files are attached. A picture to visualize what is required is also attached. Job: Indicator : 1. Add Buy alert and Buy arrow function,if the price%R value touches or goes below value 9.5 or the user specified,after candle close. 2. Add Sell alert and Sell arrow function,if the price%R value touches or goes below value 90.5

Project information

Budget
35+ USD
For the developer
31.5 USD