Drawdown Monitor
- Utilitaires
- Benjamin Schneider
- Version: 1.13
- Mise à jour: 29 janvier 2024
Drawdown Monitor EA
Risk management made easy. Balance and equity monitoring, closing positions, deleting orders, notifications by email and/or push on mt5-mobile.Security for your Money or Prop Trading accounts.
This Expert Advisor constantly monitors the account balance and equity.
If the maximum daily drawdown is reached, all open positions will be closed, open orders will be deleted, a notification will be sent by email/push.
In addition, the EA creates a global variable, which ensures that all EAs offered by me on the MQL5 market do not open new positions. This value is reset daily at an adjustable time and the global variable is deleted.
Withdrawals are now no longer calculated as a drawdown. There will be a separate announcement about this (shown on second Screenshot).
If the maximum unrealized overall drawdown is reached, only a notification is sent via email/push.
The EA works optimally on EUR/USD H1 chart. So that everything is easy to read, the chart properties are set up on init as shown in the last screenshot.
Very good EA, even better than some similar paid ones. Thank you Benjamin!
I am wondering if you can add the option of setting DD in currency number in addition to DD%. For example if the DD reaches to $200 EA sends a notification or does some protective actions like closing all positions.