Version 3.9
2024.03.04
In addition to the default option to track the current range profit/loss, a new option to track daily starting equity and high water equity
Add more precision to the way drawdown is triggered
Add code optimization for faster reaction
Add capacity to run checks on tick
Add some log messages for when drawdown is reached
Version 3.8
2024.01.05
⚠️Correction of a bug related to the auto-close feature
⚠️Correction of labels in the display messages
Version 3.7
2023.10.11
Set by default the flag to activate the rollover security zone to false
Solve bug of closing trades in rollover security zone when DD is set in money
Solve bug of closing trades in rollover security zone when multiple instances of DD limiter are used
Adding auto-close trades on a specific day and time
Version 3.6
2023.08.12
Security Zone has it is own percentage, and user can decide to close all trades in the security zone with a lower percentage than the daily DD
One instance of DD limiter can now manage multiple EA
Better labeling of the DD details panel
Adapt the traffic light to 4K screen resolution
Solve race condition between DD limiter and Algo Trading Disabler - Algo trading will only be disabled after all positions are closed by DD limiter
Version 3.5
2023.07.13
Better handling reset when using a specific range
Optimization of checks to consume less memory and cpu
Version 3.3
2023.07.05
Adding control by EA number so you can manage drawdown by a given EA (portfolio management)
Adding the capacity to launch multiple DrawDown limiters on the same account (make sure to choose different magic numbers)
Solve a minor issue in commission Calculation for MT5 only
Extra check on inputs before starting the EA
Add close of charts if DD reached
Adjust the decimal display in the details view to take two decimals for DDD and GDD
Version 3.2
2023.06.24
Add decimals to "Max % or Money Value" in risk per trade section
Version 3.1
2023.06.07
Adding the feature to alert the user when a trade is set with no stop loss
Adding the feature to alert the user when a trade is not respecting the user's risk per trade, % from balance, % from equity, or money value
Version 3.0
2023.05.23
The Traffic light position and colors are now customizable to allow it to match your style
All actions taken by the EA can also be sent as push notifications - make sure to have the proper configuration in the tools -> options menu
DrawDown Limiter is now NFA FIFO compatible
Add the checks of floating Profit of open position before end of the day: End of Range Security Zone
Add the option to calculate daily drawdown from which is higher equity or balance on range reset
Version 2.4
2023.05.15
If you are using the "DrawDown limiter" from another EA, you can also depend on it when MAX consecutive trades or Max range trades are reached
This version gives priority to the drawdown check, then the max position in the range, and then the max open positions
This version solves blinking when comments are active
Version 2.3
2023.04.15
Partial take profits are no more considered unique trades (some limitations on MT4, please read the blog)
Adding an option to manage global account drawdown and its traffic light
Adding the possibility to monitor open positions and traffic light
Remove the option of a confirmation message before the terminal close when the threshold is reached as not useful in the current state
Adding the possibility to close extra trades on tick
Version 2.2
2023.04.07
- Adding customization for text
- Adding a feature to hide text and gain space on charts
- Adding Traffic Lights to informed about your drawdown and trades threshold
Version 2.1
2023.04.04
Adding Drawdown calculation as fixed money value
Adding a max number of trades per range
Adding different options to prevent overtrading (I do recommend you to learn discipline)
Version 2.0
2023.03.22
Add the option to select drawdown calculation from Balance, Equity, or Initial deposit
Add swap and commission calculation for running positions
Normalize error and info messages
Add security checks on input parameters
Publish an MT4 version
Version 1.3
2023.03.21
Minor Display modifications
Version 1.2
2023.03.20
Ajout de la possibilité de calculer la réduction à partir du solde actuel sur une nouvelle période
Ajout de la possibilité de fermer le terminal lorsque la réduction est atteinte.
Version 1.1
2022.12.31
Minor changes in comments format
Prevent two DrawDown Limiter from running on the same account
Adjust default parameters to run once every 5 seconds
Great versatile product! saved my account many times and has a time based kill all function as well. Developer is kind and professional. Must have EA