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Percentage Stop

5

A simple risk management tool that closes all open orders if equity drops by a specified percentage. This tool is useful if you are running multiple EAs and multiple charts and pairs in order to control your risk.

All orders will close accordingly. Once it hits specified percentage drawdown the closing of all orders cannot be stopped. The EA will reset once all orders are closed, until account equity drops again relative to account balance.

Use at your own risk.

  • This is only for MT4.
  • There is only one parameter.
  • The only parameter is StopPercent.
  • The default percentage is set at 40. As in 40 percent.
  • Option to switch control panel information on/off added.
  • Option to disable percentage stop mechanism while displaying control information added.


Avis 1
kokines
64
kokines 2024.01.31 10:53 
 

Very good job!

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Seconds Chart — timeframes in seconds for MetaTrader 4. The utility allows you to create charts in the MetaTrader 4 terminal with a timeframe in seconds. The timeframe on such a chart is set in seconds, not in minutes or hours. Thus, you can create charts with a timeframe less than M1. For example, S15 is a timeframe with a period of 15 seconds. You can apply indicators, Expert Advisors and scripts to the resulting chart. You get a fully functional chart on which you can work just as well as on
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
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 A
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A fundamental component to have within your trading arsenal is the ability to properly control and manage risk effectively. This tool offers a basic but comprehensive means to manage each and every trade position appropriately. It can be used across different markets that require percentage-based calculations as opposed to simply measuring the difference in pip or point size i.e. the method for calculating take profit and stop loss in FX currency markets is usually a fixed point/pip size vs.
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kokines
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kokines 2024.01.31 10:53 
 

Very good job!

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Version 1.2 2023.09.29
Added freezelevel exception.
Version 1.1 2023.09.03
Added control panel information.