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Drawdown Partial Closure

Drawdown Partial Closure Expert Advisor

Description: The Drawdown Partial Closure Expert Advisor is a tool designed for MetaTrader 4 that assists traders in managing their positions during drawdown periods. It monitors the drawdown of the trading account in real-time and automatically closes a portion of losing positions when the drawdown exceeds a specified threshold. This helps traders to mitigate losses during adverse market conditions while allowing profitable positions to remain open.

Features:

  1. Real-time Drawdown Monitoring: The expert advisor continuously monitors the drawdown of the trading account by comparing the equity with the balance.

  2. Customizable Drawdown Threshold: Traders can set a customizable drawdown threshold, expressed as a percentage of the account balance. When the drawdown exceeds this threshold, the expert advisor initiates the partial closure of losing positions.

  3. Partial Closure of Losing Positions: When the drawdown threshold is reached, the expert advisor automatically closes a portion of losing positions. The percentage of positions closed can be configured by the trader.

  4. Flexible Position Closure: The expert advisor closes losing positions proportionally based on their lot sizes. It ensures that smaller positions are closed first, allowing traders to preserve larger positions.

  5. Optional Push Notifications: Traders can choose to receive push notifications to their MetaQuotes ID when the expert advisor closes positions due to drawdown. This feature can be enabled or disabled through the expert advisor settings.

  6. Customizable Settings: The expert advisor provides customizable settings, including drawdown threshold, partial closure percentage, and notification preferences, allowing traders to tailor the tool to their specific trading strategies and risk preferences.

Usage:

  1. Install the Drawdown Partial Closure Expert Advisor on your MetaTrader 4 platform.
  2. Set your desired drawdown threshold and partial closure percentage in the expert advisor settings.
  3. Enable or disable push notifications according to your preference.
  4. The expert advisor will continuously monitor the drawdown of your trading account and automatically close losing positions when the drawdown threshold is exceeded, helping you manage risk during adverse market conditions.

Note: It is recommended to test the expert advisor on a demo account before using it in live trading to ensure compatibility and effectiveness with your trading strategy.

Telegram: https://t.me/zouz74


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FREE SIGNAL CHANEL:  https://t.me/redfox_daily_forex_signals Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4  p
ManHedger MT4
Peter Mueller
5 (1)
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please DON'T BUY this product before testing or watching my video about it. Contact me for user support & advices! MT5 Version With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easily and clearly. Display your trades/strategies on the chart. Display your Take Profits/Stop Losses as
The News Filter
Leolouiski Gan
5 (20)
Este producto filtra todos los asesores expertos y los gráficos manuales durante el tiempo de noticias, por lo que no tendrás que preocuparte por los repentinos picos de precios que podrían destruir tus configuraciones de negociación manuales o las operaciones realizadas por otros asesores expertos. Este producto también viene con un sistema completo de gestión de órdenes que puede manejar tus posiciones abiertas y órdenes pendientes antes del lanzamiento de cualquier noticia. Una vez que compre
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Versión 1.1 2024.02.20
resolution du probleme pour les lots de 0.01