I need an EA that would restrict trading during a day once a percent based loss or gain is reached. Example: if i lose 1% of account balance or if i am in a trade and equity has dropped below 1% of account balance, then no more trading would be possible during that day (all open, pending or new trades would be automatically closed). Once a new day begins, another 1% of the available balance can be lost but no more. Once 1% is lost or 1% is gained, further trading should be stopped.
Each day at the beginning of the day (00:00), account balance becomes the reference for the day.
If during the day x percent from account balance is lost or y percent is gained then no further trades can be made during the day. All open orders, new orders or pending orders will be closed. Once a new day begins, the account balance is refreshed and new limits are set.
Ea will monitor open orders and close everything when equity has reached levels.
I will need the option to specify daily quota both for profit and for loss as a percent.
Something similar you can find here: https://www.forexfactory.com/showthread.php?t=365339&page=2
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