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CAP Equity Guard EA MT5

1

The CAP Equity Guard MT5 is an expert advisor that constantly monitors the equity of your trading account and prevents costly drawdowns. The CAP Equity Guard EA MT5 is a useful tool for money managers! When an emergency procedure takes place, you are notified by visual, email and push alerts.

The EA performs the following tasks:

  • It monitors your entire trading account.
  • Easy to use! Just drag it to a random empty chart.
  • It will work perfectly, if MetaTrader restarts.
  • It can be workable with your existing EA.
  • Visual, mail and push alerts.
  • It can remove your external EA after target equity hit.


How to Use

Let us give you an example of how CAP Equity Guard works.

Attach EA to any blank Chart when you don't have any existing trade. For example, your equity is 1000 and you set EA's input 'Profit Type=In Currency' and 'Profit Value=5.0'. You start trading by manual or any other EA. When your current equity gain is 5 (mean total equity 1005), EA will close all trade and record new equity now 1005. Again your equity gain 5 from last recorded equity, EA trigger and close all trade. EA use global variable to record previous equity, so if your MT4 close or your VPS restart, EA will restore recorded equity from global variable. You can change/modify recorded equity from dashboard record equity input box.


Input Parameters

EA CONFIGURATIONS

  • Stop EA: if true, EA will stop
  • Profit Type: Select Profit Type
    1. In Currency: Profit in currency.
    2. In Percent: Profit in percentage base on account equity.
  • Profit Value: Set your profit value. When your Profit Type=In Currency this value is considered as currency, otherwise considered as percentage value.
  • Loss Type: Select Loss Type

    1. In Currency: Loss in currency.
    2. In Percent: Loss in percentage base on account equity.

  • Loss Value: Set your loss value.

DO THE FOLLOWING ON TRIGGER

  • Close all Open Trades: if TRUE, EA will close all active trade.
  • Delete all Pending Orders: if TRUE, EA will delete all pending orders.
  • Disable External Other EA: if TRUE, EA will remove your external EA after target profit/loss hit. But to do that you have to configure other settings properly. More Details.
  • EA Stop After Trigger: Select type, how long EA stop after trigger.

    • None: EA will not stop. It runs again after trigger.
    • Stop EA For X-Minute: EA will stop for X-Minute then runs again.
    • Stop EA For This Day: EA will stop for whole day. Next day EA run again.
    • Stop EA For Until Reset EA: EA will stop until you remove EA and attach again.

  • X_Minute: Put how long EA will stop after trigger. Value are minutes.
  • External_Chart_ID: Put External Chart ID (multiple values separated by commas).
  • Template_Remove_Name: Remove EA's template name (multiple values separated by commas).
  • Restore External EA After Trigger: if TRUE, EA will restore your external EA after Equity EA is working again.
  • Template_Restore_Name: Restore EA's template name (multiple value separated by commas).

NOTIFICATION

  • Enable Pop-Up Alerts: Enable text alert.
  • Enable Sound Alerts: Enable sound alert.
  • Send Email Alert: Enable email alert.
  • Send Mobile Notifications: Enable mobile notifications.

BASIC CONFIGURATIONS

  • Slippage: Set your trading slippage.


Keep In Mind (TWO IMPORTANT RULES)

1. Attach EA when you have no exiting orders.

2. EA work with equity gain or loss. If you deposit/withdraw money when your trade is open and Equity guard EA working, then EA will consider as equity gain/loss and trigger. Example: you set equity profit 5 and your record equity was 1000 so EA's target equity is 1005. Now you have five open trade and floating loss is -50. At this time you deposit new fund 100 and your current equity is (Previous Equity (1000)+Floating Profit/Loss (-50)+New Fund (100)=1050). In this scenario your new equity is bigger than your target equity. So EA will close all trade. But originally you have loss of 50. To avoid this type of situation, my recommendation is don't deposit or withdraw money when you have trade. If there is no trade you can deposit or withdraw money, there is no problem. In case you need deposit or withdraw money follow below:

  1. Stop EA by input setting.
  2. Deposit/Withdraw Fund.
  3. Modify your record equity input value.
  4. Run EA by click EA status button again.


Official Channel

To get product news, setting files, and free indicators, please subscribe to our Official Channel.


Author

Mohammad Ali, technical analyst and speculator, software engineer and founder of MEETALGO LLC.‌

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Igor Zizek
4.97 (36)
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Alfiya Fazylova
4.48 (27)
Utilitaires
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Apex Software Ltd
5 (1)
Utilitaires
Améliorez votre trading avec des informations sur les événements d'actualité Dans le monde rapide du trading, les événements d'actualité peuvent avoir un impact significatif sur les prix du marché. Comprendre comment ces événements influencent les mouvements des prix est crucial pour gérer vos transactions pendant les périodes volatiles. L'outil News Tool EA est conçu pour fournir des informations sur les événements d'actualité historiques et à venir, vous aidant ainsi à prendre des décisions
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Sergey Batudayev
4.5 (14)
Utilitaires
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
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5 (1)
Utilitaires
HYT (Help Your Trading) is a tool designed to help you average down your losing positions using two main techniques: Standard averaging . Hedging with subsequent opening of positions in the direction of the trend . Buy 1 and 1 get FREE This tool allows you to manage multiple positions opened in different directions, both for buying and selling. HYT automatically calculates the size of the next position , order price, direction for averaging, and closing the position with a specified take-profit
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Leolouiski Gan
4.64 (11)
Utilitaires
Ce produit filtre tous les conseillers experts et les graphiques manuels pendant les heures de publication des actualités, de sorte que vous n'avez pas à vous soucier des pics de prix soudains qui pourraient détruire vos configurations de trading manuelles ou les transactions entrées par d'autres conseillers experts. Ce produit est également livré avec un système de gestion des ordres complet qui peut gérer vos positions ouvertes et vos ordres en attente avant la publication de toute actualité.
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Igor Zizek
5 (20)
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Grid Manual MT5
Alfiya Fazylova
4.88 (16)
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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
Bots Builder Pro MT5
Andrey Barinov
4 (5)
Utilitaires
This is exactly what the name says. Visual strategy builder . One of a kind. Turn your trading strategies and ideas into Expert Advisors without writing single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution, strategy tester and cloud optimization. There are very few options for those who have no programming skills and can not create their trading solutions in the MQL language. Now, with Bots Build
RiskGuard Management
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5 (14)
Utilitaires
ATTENTION the expert does not work in strategy tester, for a trial version visit my profile. Manual RiskGuard Management   RiskGuard management was born with the idea of ​​helping traders from their initial journey to becoming expert and aware traders. Compatible with any operating system whether Mac or Windows. The operations panel is integrated into the graph giving the possibility to choose size and position between right and left, while the various buttons light up when they can be used,
Discord Signal Copier
Trinh Dat
5 (3)
Utilitaires
The product will copy all  Discord  signal   to MT5   ( 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 MT5. 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
Trade Sync MT5
Anna Kolchina
5 (1)
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« Trade Sync » — Really fast copying and precise synchronization of trades. Simple installation and configuration of the application within 5 seconds allows you to copy trades between different MetaTrader terminals installed on one Windows PC or Windows VPS at maximum speed. «Trade Sync» contains a large number of options for customizing the application to your specific needs and allows you to cope with even complex user tasks. Separate use: Trade Sync MT4 - allows you to copy (Мt4 > Мt4), Trade
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CAP Stochastic EA Pro MT5
MEETALGO LLC
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MEETALGO LLC
4.14 (14)
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Yusni
141
Yusni 2024.06.11 04:22 
 

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kemufi
49
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Dominik Dillmann
58
Dominik Dillmann 2023.11.17 21:37 
 

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14
micholabisi 2023.03.12 20:33 
 

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109
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89
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612
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MEETALGO LLC
262475
Réponse du développeur Mohammad Ali 2022.02.16 13:11
CAP Equity only work for one EA in a account. Don't run multiple EA on multiple chart
Van The Nguyen
212
Van The Nguyen 2021.04.29 04:24 
 

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Ricardo Dacosta
869
Ricardo Dacosta 2020.05.26 09:59 
 

Please be aware that this Equity Guard EA is limited to disabling 12 open charts only. According to developer the max number of input characters on MQL5 limits the total number of open charts to disabled/enable to only 12. Such issue is not mentioned in the description. Not worth the purchase with such limitation

Répondre à l'avis
Version 7.3 2024.09.02
FIXED BUGS: Time Zone For Close Trade Not working
CHANGED INPUT: Add new sections - A D D I T I O N A L T R A D E C L O S I N G, In this section closing works individually, It doesn't related to equity closing. An additional function closes your trade only when triggered.
Version 7.2 2024.08.30
CLOSE ALL- The button added on the dashboard, when you click all trades will be closed.
Version 7.1 2024.08.13
FIXED BUGS: Fixed some bugs
ADDED: NEW FEATURE
This is the version where we added a lot of new inputs/functions, please check the description.
Version 6.2 2023.09.15
FIXED BUGS: POP-Up alert not working, when equity trigger.
Version 6.1 2023.08.05
FIXED BUGS: Can't set new equity into Record Equity text box
Version 6.0 2023.01.01
Complied with new build
Version 5.10 2021.02.23
Product Update Info
ADDED: NEW INPUT – Add more Disable External inputs so you can disable more EA. previously terminal has input max limitation so user can't put chart id more then 20 chart. We add more three same Disable External inputs so you can add more chart id
Version 5.0 2020.07.04
-->Minor Update
Version 4.20 2019.11.12
-->New Input add
---> Equity Reset Type - Currently equity will reset when you have no open order. But in this version new input come you can have option how equity will be reset. there two option
1. When No Order- when you have no order equity will be reset.
2. When Trigger Hit- equity will be not reset until equity trigger will be hit (any profit or loss hit)
Version 4.0 2019.02.25
-->Minor improvements internal coding.
-->Nothing change product logic.