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No Open Trades MT5

DESCRIPTION
The ‘No Open Trades’ Expert Advisor is a dream come true to any mindful trader that knows that controlling risk is extremely vital to any successful trading plan. The ‘No Open Trades’ Expert Advisor closes all open trades in the account once the percentage loss you set is met. For example, if your account balance is $5,000 and you set the percentage loss to 5. This information has been passed to the Expert Advisor and it will close all open orders once the loss made is -$250 (which is 5% of $5,000). Once your account equity reaches $4,750 all open orders will be closed automatically.

The Expert Advisor is extremely dynamic. It stores your account balance at the time you start running the Expert Advisor, if for whatever reason the terminal closes and you re-open it while the Expert Advisor was running. It will continue to track the account growth based on the account balance that was there from the beginning and not the new account balance that is there once the MT4 Terminal was restarted like other systems usually do. 


‘No Open Trades' works in these financial markets;
 Forex
 Commodities
 Cryptocurrency
 Spot Metals
 Indices 

 Stocks


SETTINGS
 Equity_Percentage_Loss – The percentage amount in numbers of the maximum amount of loss you allow being made on the account e.g. 5 (do not enter the negative (-) symbol for example (-5))
 Reset_Balance_Everyday - Close all trades when the percentage risk is hit. Close any other trade that comes after that until the next day when the new balance and equity will be used.
 Stop_EA_After_Loss_Is_Hit - Close all trades when the percentage risk is hit. The Expert Advisor stops closing trades after this.

 Manualy_Stop_EA- Close all trades when the percentage risk is hit. Close any other trade that comes after that until the expert advisor is removed.


How it works
 Attach the EA to any chart
 Enter an Equity percentage loss value (E.g. if you want the system to close all open orders when it reaches negative five percent of the equity compared to the balance, you will put the number 5 into the text box and not -5)
 In the fields that  are below ‘Equity_Percentage_Loss’ set the input type you want to use to ‘true’
 The Expert Advisor will not work if all/more than one input type is used at the same time. (Place a screen shot of the example here)
o Once this happens you will be required to reattach the EA to the chart to be able to use it.
 If any warning message box appears, you need to reattach the EA to a chart again to use it.
 When the percentage loss is hit. The following values are displayed as an Alert;
o Start Balance
o Expected Percentage Loss
o Account Equity at Time Of Loss
 These values above may be different. As trades are being closed the market is moving, as the market moves price changes. There may be a slight deviation from values displayed in the Alert and values in the account terminal because of this.
 When using large lot size values. The next trade opened may cause the risk to go over the percentage loss set, which on occasion may make the percentage loss slightly greater.


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This software has no equals in the world and represents a universal trade "console" covering trading signals, automated market entry, setting of Stop Loss and Take Profit, as well as Trailing Profit for multiple trades at the same time in a single open window. Intuitive control of the Expert Advisor in "three clicks" ensures a comprehensive use of all its functions on different computers, including tablets PCs. Interacting with additional signal indicators that mark the chart to give a real mark
RiskGuard Management
MONTORIO MICHELE
5 (16)
ATTENTION the expert does not work in strategy tester, for a trial version visit my profile. Manual RiskGuard Management   RiskGuard management was born with the idea of ​​helping traders from their initial journey to becoming expert and aware traders. Compatible with any operating system whether Mac or Windows. The operations panel is integrated into the graph giving the possibility to choose size and position between right and left, while the various buttons light up when they can be used,
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DESCRIPTION The ‘No Open Trades’ Expert Advisor is a dream come true to any mindful trader that knows that controlling risk is extremely vital to any successful trading plan. The ‘No Open Trades’ Expert Advisor closes all open trades in the account once the percentage loss you set is met. For example, if your account balance is $5,000 and you set the percentage loss to 5. This information has been passed to the Expert Advisor and it will close all open orders once the loss made is -$250 (which
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Know Your Risk is a powerful tool that is developed to help traders have better risk management in a very simple way. How? The Know Your Risk indicator has two horizontal lines on the chart, a red horizontal line that represents stop-loss and a green horizontal line that represents take profit. The trader is required to place the lines on the chart at areas of stop-loss and take profit. A panel is presented on the left of the chart that displays the risk in pips/points, risk in percentages, the
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