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Drawdown Manager MT4

Welcome to the Drawdown Manager MT4, a equity protector – A powerful MetaTrader 4 Expert Advisor designed to manage trades and safeguard your trading account. This tool is equipped with various settings to enhance your trading experience and protect your investments, making it particularly useful for proprietary trading firms.

You can download the MT4 demo version here

MT5 version is avaialble here

Detailed documentation 

Features:

General Settings: Configure essential parameters such as the Magic Number for identification and various trading options like setting fixed loss amounts or percentage-based limits.
Swap and Commission: Enable the checking of swap and commission charges to ensure they align with trading strategies.
Safeguard Settings: Implement maximum limits on open trades, long and short positions, pending orders, and drawdown percentages to manage risk effectively. Additionally, set limits on the number of trades per day, week, or month.
Actions Settings: Enable automatic closure of trades during drawdowns, adjust chart visibility, and control terminal closure. Optionally, specify whether to close only the highest losing trade.
Display Settings: Customize the appearance of the dashboard, including panel dimensions, text size for readability, and colors for titles, labels, and values.
Alert Settings: Enable notifications for alerts, system notifications, and email notifications to stay informed about trading activities and potential issues.


Conclusion

The EA Utility Tool is a comprehensive solution for managing trades and protecting your trading account, making it an invaluable asset for proprietary trading firms. Configure the settings according to your trading strategy and risk tolerance to optimize your trading experience.

For support or additional information, please contact our dedicated support team.


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BBMA Oma Ally Signals Scanner
Moch Ramdhan
1 (1)
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BBMA Oma Ally Signals Scanner (BBMA Oma Ally Analyzer Dashboard EA) This is a multi-pair and multi scanner dashboard to find the key signal of BBMA Oma Ally Strategy BBMA consists of the use of 2 indicators: Moving Averages Bollinger Bands BBMA consists of many types of entries: Reentry Extreme Rejection EMA50 GAP (EMA50 to Upper/Lower BB) MHV Full Setup (CSE>TPW>MHV>Direction>Reentry) There are many multi timeframe signals based on this strategy. RRE (Reentry - Reentry - Extreme) REE (Reentry
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GRID TRADING - Layer Master tool kit is the ultimate, easy to use trading toolkit makes it simple to layer grids of Orders over any entry level. This toolkit will make it simple and fast to Open / Enter and Manage your grid trades on MT4. Every function is simple - but clicking and dragging the order zone - you define an area you want your orders, then you can quickly drag the SL and TP levels to where you want them. Hit one button and your orders are sent!!!  Features: It is capable to send h
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5 (7)
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Trinh Dat
5 (4)
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The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade
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5 (6)
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Tome el control de su cartera de divisas. ¡Vea instantáneamente dónde se encuentra, qué funciona y qué le causa dolor! VERSIÓN MT5 DISPONIBLE AQUÍ: https://www.mql5.com/en/market/product/58658 El Trade Manager Dashboard está diseñado para mostrarle de un vistazo dónde se encuentra actualmente cada posición que tiene en el mercado de divisas, y hacer que la gestión de riesgos y la exposición a las divisas sean más fáciles de entender. Para los comerciantes que escalan gradualmente en el mercad
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skycheok
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skycheok 2024.04.12 07:28 
 

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Versión 7.0 2024.04.24
Close terminal reclosed problem resolved
Versión 6.0 2024.04.22
fixed the max open orders
Versión 5.0 2024.04.22
drawdown calculation converted to negative logic
Versión 4.0 2024.04.12
Fix applied for
Daily , Weekly and Monthly Drawdown Percent Closure
Versión 3.0 2024.03.22
fix highest loss logic
Versión 2.0 2024.03.22
By default magic number filter is disabled

New inputs added
Enable/Disable Closed Trades in Drawdown Calculation(When false then it will calculate the drawdown based on running trades only)
Close Highest Loosing Trade- (When set to true then only closes the highest loosing trade, rest will be opened)