Equity Protect basic
- Utilities
- Shi Jie He
- Version: 1.4
- Updated: 5 October 2024
The Account Equity Protection Tool is an essential tool designed to safeguard your account equity. When running multiple automated trading programs simultaneously, especially while sleeping at night, unexpected losses may occur due to black swan events or trading program failures. This tool effectively helps you avoid these issues.
Its setup is straightforward, requiring you to simply input the desired amount for protection. We recommend setting it based on the current account equity. Once the setup is complete, click "OK" to enter the program interface and click "Run." You will see a smiley face on the right side, indicating that the program is running correctly.
When the account equity falls below the set protection value, all charts will immediately close, causing the trading program to stop running. Simultaneously, all orders will be deleted, ensuring your account is no longer exposed to any risks.
Equity Protect free MT4: https://www.mql5.com/en/market/product/115514
Equity Protect free MT5: https://www.mql5.com/en/market/product/115529
5. Manual saving of all current charts.
6.Close by loss percentage
7.Close by loss amount
8.Close by profit percentage
9.Close by profit amount
10.Daily scheduled close
11.Close by set date
Equity Protect Pro MT4: https://www.mql5.com/en/market/product/115527
Equity Protect Pro MT5: https://www.mql5.com/en/market/product/115530
Very simple and effective product - does exactly what it says and has saved my $200K prop accounts multiple times. Thank you!