• Overview
  • Reviews (8)
  • Comments (10)

Equity Shield mt5

3.6

The Expert Advisor will protect your account from unexpected losses by constantly monitoring the equity and follow the rules as per input in the parameters.  When the rules are breached the EA will close all trades.  You can set the EA to close all trades at a certain percentage or money loss, or to close at a certain percentage or money profit.  This utility is very useful for Prop Trading Challenges to keep the draw down low and to protect your equity!

My signals and other products can be found here

Please contact me after purchase for support and a gift.

Parameters:

  • For 1 pair only:  Put Equity Guard on the pair you want to manage
  • For all pairs at account:  Equity Shield will control all pairs on terminal (put Equity Shield on any pair)
  • TP at money (0: Off): TP in money
  • SL at money (0: Off):  SL in money
  • TP at % at account equity:  TP will close trades in X percentage profit of account
  • SL at % account equity:  SL will close all open trade in X percentage loss of account

How to get started:

  • Load the EA on only one single chart
  • Customize your settings
  • Leave the EA alone and never close that chart

How to use Equity Shield for Prop Trading Challenges:

Equity Shield works well when trading for Prop Firms where you need to keep your draw down low.  If for instance the maximum daily draw down is -5%, make sure you make the SL settings rather 4% to stop trading - in case of slippage.


Reviews 8
Snowflake Trading
647
Wilhelm Alexander Rettig 2023.11.05 16:33 
 

There is Out 5 of 5 Stars. This EA has protected my account offen. This is the first EA on my Setups. Great Tool.

dylancotton
221
dylancotton 2023.05.18 16:34 
 

What a fantastic EA, peace of mind. Very helpful Author as well. Many thanks Vladimir. Recommended!

Kaster921
86
Kaster921 2023.01.26 15:20 
 

super invention! how I used to trade without him. he really saves the account when the trader does not have time to react! Sincere thanks to the author!

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Alain Bleeksma
340
Alain Bleeksma 2024.03.14 20:24 
 

I installed the EA, however it is not working.... I sent a message (PM) to the author, and as well I posted a question/comment here on this EA however no reply at all.... I would appreciate a refund or a good customer support. People pay for your EA, at least give them some proper support. This is not good.....

Michael Hang Quan
316
Michael Hang Quan 2024.03.08 20:58 
 

The equity shield did not trigger and destroyed my funded accounts.

Snowflake Trading
647
Wilhelm Alexander Rettig 2023.11.05 16:33 
 

There is Out 5 of 5 Stars. This EA has protected my account offen. This is the first EA on my Setups. Great Tool.

FernandoKYTrader
63
FernandoKYTrader 2023.10.15 14:02 
 

User didn't leave any comment to the rating

decdecdec
99
decdecdec 2023.07.09 19:49 
 

User didn't leave any comment to the rating

Vladimir Stepanov
23074
Reply from developer Vladimir Stepanov 2023.07.09 20:56
Thank you!
dylancotton
221
dylancotton 2023.05.18 16:34 
 

What a fantastic EA, peace of mind. Very helpful Author as well. Many thanks Vladimir. Recommended!

Vladimir Stepanov
23074
Reply from developer Vladimir Stepanov 2023.06.01 17:48
Thank you!
Eric Carl Sandquist
497
Eric Carl Sandquist 2023.03.16 04:18 
 

User didn't leave any comment to the rating

Vladimir Stepanov
23074
Reply from developer Vladimir Stepanov 2023.06.01 17:48
Thank you!
Kaster921
86
Kaster921 2023.01.26 15:20 
 

super invention! how I used to trade without him. he really saves the account when the trader does not have time to react! Sincere thanks to the author!

Vladimir Stepanov
23074
Reply from developer Vladimir Stepanov 2023.06.01 17:48
I am glad it saved you a lot of money!!
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