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Drawdown Monitor

5

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.


Avis 6
Mehdi Banazadeh
255
Mehdi Banazadeh 2024.07.26 11:30 
 

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.

Todo Muhamit Schaft
555
Todo Muhamit Schaft 2023.11.29 17:35 
 

Great protection. I guess similar to paid alternatives. Pay attention that it will stop any open orders, but not remove the ea. So you have to remove the ea's yourself as trades can continue. When you are using it for a prop account this is something to be aware of. Developer is open to improvements. He fixed a bug with reloading the ea quickly. Thanks for this ea!

Gryffn10
206
Gryffn10 2023.09.16 11:52 
 

This is very good... Thank you! Is it possible that you include the highest watermark daily drawdown percent? that if we look at the screen it will show up for that day the highest % DD...

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Expert Advisor Risk Manager pour MT5 est un programme très important et, à mon avis, nécessaire pour chaque commerçant. Avec cet Expert Advisor, vous pourrez contrôler le risque de votre compte de trading. Le contrôle des risques et des bénéfices peut être effectué à la fois en termes monétaires et en termes de pourcentage. Pour que l'Expert Advisor fonctionne, attachez-le simplement au tableau des paires de devises et définissez les valeurs de risque acceptables dans la devise du dépôt ou
Grid Manual MT5
Alfiya Fazylova
4.88 (16)
Grid Manual est un panneau de trading permettant de travailler avec une grille d'ordres. L'utilitaire est universel, possède des paramètres flexibles et une interface intuitive. Il fonctionne avec une grille d'ordres non seulement dans le sens des pertes, mais aussi dans le sens de l'augmentation des profits. Le commerçant n'a pas besoin de créer et de maintenir une grille d'ordres, l'utilitaire le fera. Il suffit d'ouvrir une commande et "Grid Manual" créera automatiquement une grille de comman
KT Equity Protector MT5
KEENBASE SOFTWARE SOLUTIONS
5 (1)
KT Equity Protector EA consistently monitors the account equity and closes all the market and pending orders once the account equity reached a fixed equity stop loss or profit target.  After closing all trading positions, the EA can close all open charts to stop other expert advisors from opening more trading positions. Equity Stop-Loss If your current account balance is $5000 and you set an equity stop loss at $500. In this case, the KT Equity Protector will close all the active and pending
Le MT5 to Discord Signal Provider est un outil convivial et entièrement personnalisable conçu pour envoyer directement des signaux de trading à Discord. Cet outil transforme votre compte de trading en un fournisseur de signaux efficace. Personnalisez les formats de messages pour qu'ils correspondent à votre style ! Pour plus de facilité, choisissez parmi des modèles pré-conçus et décidez quels éléments du message inclure ou exclure. [ Démo ] [ Manuel ] [ Version MT4 ] [ Version Telegram ] Conf
Didi Alert Needle Detector
Alexandre Tadeu Molina
5 (7)
EA DIDI  Alert: lecteur d'aiguille du ATM SYSTEMS Êtes-vous à la recherche d’outils pour vous aider à profiter des meilleures opportunités de trading sur les marchés financiers ? Ensuite, DIDI Alert – Agulhadas Detector d'ATM Systems est le seul conseiller sur le marché qui exploite la puissante stratégie de trading Needles Setup de Didi Aguiar avec le DIDI INDEX, contrairement à d'autres conseillers dédiés à cette stratégie. Nous devons savoir que nous disposons d’une variété de ressources.
Ultimate Trailing Stop EA MT5
BLAKE STEVEN RODGER
4.5 (6)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overri
Filtrer:
Mehdi Banazadeh
255
Mehdi Banazadeh 2024.07.26 11:30 
 

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.

Leon Nyateka
24
Leon Nyateka 2024.03.17 16:27 
 

downloading fails

Todo Muhamit Schaft
555
Todo Muhamit Schaft 2023.11.29 17:35 
 

Great protection. I guess similar to paid alternatives. Pay attention that it will stop any open orders, but not remove the ea. So you have to remove the ea's yourself as trades can continue. When you are using it for a prop account this is something to be aware of. Developer is open to improvements. He fixed a bug with reloading the ea quickly. Thanks for this ea!

Gryffn10
206
Gryffn10 2023.09.16 11:52 
 

This is very good... Thank you! Is it possible that you include the highest watermark daily drawdown percent? that if we look at the screen it will show up for that day the highest % DD...

Rafael Alfredo Capucho
359
Rafael Alfredo Capucho 2023.08.29 21:51 
 

A pretty new EA, but the developer is commited to its enhancements. gonna be a super EA soon!

VinS
318
VinS 2023.08.25 14:38 
 

Exactly what I was looking for to protect my capital from unexpected volatility. Thank you very much Benjamin for offering it for free and for the improvements.

Répondre à l'avis
Version 1.13 2024.01.29
Pushnotifications added (must be activated in mt5-settings).
Version 1.12 2023.11.17
Withdrawals are no longer calculated as a drawdown.
There will be a separate announcement about this.
Version 1.11 2023.11.16
small error correction
Version 1.10 2023.11.13
Daily low and high values are shown
Version 1.8 2023.09.04
New function:
If the font size is changed, the line spacing is automatically adjusted.
It can be set separately whether positions should be closed and/or orders deleted when the daily maximum loss is reached.
Version 1.7 2023.08.30
A small bug has been fixed
Version 1.6 2023.08.29
Function added: Should Positions be closed/Orders deleted when daily drawdown is rached.
Version 1.5 2023.08.25
Fontsize adjustable
Version 1.4 2023.08.25
Changed the display/calculation logic for daily loss. The first value now shows the maximum value of the day, the second value the start value of the day (this is reset daily at the adjustable time.
Version 1.3 2023.08.16
Fixes a bug in the calculation of the daily maximum equity
Version 1.2 2023.08.15
Option to turn off color changes (background/candles).
Version 1.1 2023.08.15
V1.01: - Other values are displayed: accound balance, equity, daily equity high.
- The chartview is automatically adjusted on init.