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Drawdown Control Limiter MT4

Overview:
The Drawdown Control Limiter is a robust and efficient tool designed for traders who aim to monitor and limit drawdown levels in their MetaTrader 4 accounts. This Expert Advisor provides real-time tracking of drawdown percentages or amounts and automatically closes positions if the specified limits are exceeded, helping protect your capital.

Key Features:

  1. Customizable Drawdown Modes:

    • Choose between percentage-based or fixed-amount drawdown limits.
    • Flexibility to match your trading strategy and risk tolerance.

  2. Visual Display Interface:

    • Clear and intuitive on-screen display of:
      • Account Balance
      • Account Equity
      • Current Drawdown Percentage
      • Current Drawdown Amount
    • Customizable positions, colors, and fonts to suit your preferences.

  3. Automatic Position Management:

    • Automatically closes open positions when drawdown exceeds the defined limit.

  4. Customizable Parameters:

    • Define maximum drawdown percentage or fixed amount.
    • Adjustable slippage tolerance for closing trades.
    • Timeout settings for retrying failed closures.

  5. Performance Optimization:

    • Minimal impact on terminal performance.
    • Option to hide the chart grid for a cleaner workspace.

  6. Close All Charts on Drawdown Hit:
    After closing all trades, the EA will automatically Close All open Charts.

How It Works:

  • The EA calculates your account’s drawdown in real-time, based on either equity percentage or a fixed dollar amount.
  • If the drawdown exceeds the specified threshold, the EA automatically initiates the closure of all matching trades.
  • A clean and interactive display keeps you informed of account metrics and drawdown status at a glance.

Who Should Use This EA?

  • Traders seeking strict drawdown management for capital preservation.
  • Risk-conscious individuals trading with EAs or manually.
  • Ideal for prop firm challenges or accounts with strict drawdown rules.

Technical Details:

  • Input Parameters:
    • Drawdown Mode (Percentage or Fixed Amount)
    • Maximum Drawdown Percentage or Amount
    • Magic Number for trade filtering
    • Display customization options
  • User Interface: Built-in visual display with customizable settings.

Why Choose Drawdown Control Limiter?
Protect your trading account and enforce strict risk management with an automated, reliable, and user-friendly solution. The Drawdown Control Limiter simplifies risk management, giving you peace of mind and ensuring your trading capital stays within your defined safety thresholds.

Note:
This EA is designed for monitoring and controlling drawdown. It is not a trading robot and does not open positions. Please test on a demo account before using on a live account.

Start protecting your capital today with the Drawdown Control Limiter!





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Don't purchase before testing the Demo version first. DEMO version:   https://www.mql5.com/en/market/product/76917 __________________________________________________ This EA  - Tool allow you replay bar in Meta Trader 4 for back test. This Tool can back test in multi timeframe in only one chart. This Tool is very useful for Price action trader. It can work with Indicators, some indicators cannot works. So please download Demo to test before purchase.  Demo Version We do not accept refund in any
EchoTrade Telegram to MT4 Copier
Perpetual Chinemerem Vincent
Utilidades
EchoTrade Telegram to MT5 Copier Seamless, Instant, and Reliable Signal Copying - Direct from Telegram to MetaTrader 4! Tired of manually executing trades from Telegram signals? EchoTrade automates the process, instantly copying trades from any Telegram channel or group directly into your MT5 account—accurately, efficiently, and without delay. Key Features: Universal Compatibility - Works with almost all signal formats Multi-Channel & Multi-MT4 Support - Copy signals from multiple Telegram chan
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Evgenii Aksenov
4.06 (18)
Utilidades
Este es un optimizador de parámetros automático para el indicador Trend Line PRO Fácil y rápidamente, seleccionará los parámetros óptimos para su indicador favorito Trend Line PRO.  La optimización toma solo unos segundos. El optimizador le permite encontrar los mejores parámetros para cada par y período: Amplitude, TP1-TP3, StopLoss, así como los valores para Time Filter y HTF Filter en la sección seleccionada de la historia (Days)  Para optimizar diferentes Marcos de tiempo, necesita un rang
Ultimate No Nonsense Backtester
I Kai Wu
4.59 (17)
Utilidades
Ultimate No Nonsense FX Backtester - You can Run Forward Test Simulation with this tool! Do Not Download the Demo Here, Please Read Below! Step by Step Manual Guide PDF for this backtester PDF List of Commands(Shortcuts) for this backtester Ultimate NNFX Backtester is a powerful utility tool that significantly reduces the length of backtesting process for NNFX followers.  As well as for Forex traders that operates their entries and exits at the close of a candle and manage the risk using ATR.
Price Action Trade Panel EA MT4
Juvenille Emperor Limited
5 (2)
Utilidades
Price Action Trade Panel MT4 calcula el balance del nivel de fuerza de compra / venta de cualquier símbolo / instrumento, basándose en datos puros de acción del precio de las velas pasadas especificadas (8 por defecto). Esto le dará el sentimiento de mercado más cercano posible al monitorear la acción del precio de 32 símbolos / instrumentos que están disponibles en el panel del indicador. Un nivel de fuerza de compra / venta superior al 60% proporciona un nivel bastante sólido para comprar / v
HFT Fast Scalping EA
Sami George Saba Zeidan
Utilidades
HFT FAST SCALPING EA the High Frequency Trading which use stop orders to enter the trades when market is trending. best use for 1- Low slippage brokers for us30 and DE40 . 2- LOW OR ZERO COMMISSION BROKERS FOR EUR AND GOLD. 3-Prop firms like ftmo ,tff,.......etc This EA UNLIKE Other HFT EAs , You can see that in the parameters ,, CHOOSE LOT SIZE , MAX LOT , CHOOSE TIME , COMMENT AND OTHERS . IT STOPS 3 MINUTES AUTOMATICALLY EVERY 15 MINUTES TO PROTECT THE EQUITY FROM A BIG UNWANTED SLIPPAGE .
Multi Copy
Kaijun Wang
5 (1)
Utilidades
Copiadora->Interfaz de interacción cómoda y rápida, los usuarios pueden usarla de inmediato       ->>>> Recomendado para usar en computadoras Windows o VPS Windows Funciones básicas: La velocidad de interacción normal del copy trading es inferior a 0,5 s. Detecta automáticamente las fuentes de señal y muestra una lista de cuentas de fuentes de señal Coincidencia automática de símbolos: el 95 % de los símbolos comerciales más utilizados en diferentes plataformas (casos especiales como diferentes
Trade copier MT4
Alfiya Fazylova
4.52 (29)
Utilidades
Trade Copier es una utilidad profesional diseñada para copiar y sincronizar operaciones entre cuentas comerciales. La copia ocurre desde la cuenta / terminal del proveedor a la cuenta / terminal del destinatario, instalada en la misma computadora o vps. Antes de comprar, puede probar la versión de demostración en una cuenta de demostración. Versión de demostración aquí . Instrucciones completas aquí . Principales funcionalidades y beneficios: Admite la copia de MT4> MT4, MT4> MT5, MT5> MT4, incl
Forward Alert To Telegram
Trinh Dat
4.73 (11)
Utilidades
The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
Forex copier
Alexandr Bryzgalov
Utilidades
We offer simple and reliable software that can  copy trades  between any MT4 accounts. Easy to use MetaTrader copier which saves valuable time Reliable, so you are protected from technical issues Powerful, with a lot of features available Who can use this MT4 copier? Forex Copier is a solution for individual traders or account managers who need to execute trade signals from external sources or who need to  manage several MetaTrader 4 accounts  at the same time. We do not offer you “yet another
Trade Assistant Pro 36 in 1
Makarii Gubaydullin
4.75 (20)
Utilidades
Herramienta multifuncional con más de 65 funciones, incluidas: Calculadora de lotaje, Acción del precio, Calculo RR, Gestor de posiciones, Zonas de Oferta y Demanda Versión demo   |   Manual de usuario   |   MT5 La utilidad no funciona en el probador de estrategias: puede descargar la Versión Demo AQUÍ para probar el producto. Pongase en contacto conmigo para cualquier pregunta / ideas para mejorar / en caso de encontrar un problema Simplifica, acelera y automatiza su operativa de trading. Aume
Take a Break
Eric Emmrich
5 (29)
Utilidades
The most advanced news filter on MQL market - free demo available Take a Break has transformed from a basic news filter into a comprehensive account protection solution. It seamlessly pauses any other Expert Advisors during news events or based on your custom filters, all while safeguarding your EA settings - restoring them automatically when trading resumes for complete peace of mind. Typical use cases: A single news filter for all your EAs. Stop trading during news/high volatility (+ close all
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Rando Pajuste
Utilidades
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Rando Pajuste
Utilidades
Short Description: FTMO Protector PRO MT5 is an EA designed to protect your funded account by managing risk and ensuring compliance with the Prop Firm's trading rules. This EA automatically monitors equity levels, closes trades when profit targets or drawdown limits are reached, and provides a visual display of key account metrics. Overview: FTMO Protector PRO MT5 is an Drawdown Safeguard Expert Advisor meticulously crafted for traders participating in Prop Firm challenges, particularly those
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Rando Pajuste
Asesores Expertos
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Rando Pajuste
Asesores Expertos
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Patient RSI Trader EA MT5
Rando Pajuste
Asesores Expertos
Short description: Only   one   trade is executed per pair, with a duration of about   1 day up to 2 months , requiring you to be   patient . EA is focusing on market high/low RSI reverse points to enter into trend direction and targeting   150-550 pips profit   with single trade. One Trade Per Pair   (trend) No Martingale No Grid Overview:   Patient RSI Trader is a carefully engineered Expert Advisor designed for traders who utilize the Relative Strength Index (RSI) to guide their trading dec
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Versión 1.12 2025.03.07
Minor visual fixes.
Versión 1.11 2025.03.07
+ Added Closed All Charts.