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EA Drawdown Limiter MT4

30 USD

Versione demo scaricata: 5

Pubblicato: 1 novembre 2023

Versione attuale: 1.1

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EA Drawdown Limiter MT4

Utilità
Mr James Daniel Coe
Versione: 1.1
Attivazioni: 5

Click here to see my best trading robot: Prosperity MT5!
Prosperity MT4 version

Some EAs we use are great, but sometimes they don't have built-in drawdown limiters internally that just affect the EA. Other DD limiters operate on the whole account, this one is designed specifically so one EA (designated by the magic numbers it uses) can be monitored and closed off if it reaches a certain DD limit.

1. Find the magic numbers the EA uses. Normally (including for martingale / grid EAs) they start with a base number and go up. Right-click 'Columns' in your terminal and select 'Magic Number' to see which number(s) your EA uses.

2. Open a blank EURUSD or other popular chart select the 1min timeframe (recommended), then add EA Drawdown Limiter to that chart. Input the Base Magic Number your EA uses in the 'EA Tracking ID / Base Magic Number' box, and enter the account balance drawdown you want to limit the EA to.

3. When EA Drawdown Limiter finds trades from the EA's Magic Number are exceeding the balance drawdown you've entered, EA Drawdown Limiter will close all of the EA's trades.

And that's it! I hope this Utility serves you well, enjoy :)

FAQ

Does EA Drawdown limiter need to be attached to a chart of the same pair the EA uses?

No, it can be attached to any pair chart, I recommend EURUSD M1. It DOES have to be attached to a chart within the same terminal and account that the EA you want to control is using.

Some details were changed either by me or every tick, why haven't the numbers in EA DD Limiter changed yet?

EA DD Limiter only updates at the frequency of once per bar of the chart it's attached to. If it's attached to an M30 chart, it will only update every 30 minutes, for M1, it will update every minute (this is to save processing power). Please note, it will also only check to see if it needs to close your EA trades at the frequency of the chart bars too. Because we're dealing with drawdown limits, this is why I recommend the most frequent chart, M1.

Should I test EA Drawdown Limiter works with my account before relying on it in my live account?

YES! It's important to make sure it closes your EAs trades / everything works as expected. I recommend you input the EA's Base Magic Number and select '0.01' as the DD limit percentage. Then when your EA opens a trade and it goes into drawdown, the EA should close the trade quickly, and you should find the trade making a small loss in your trade history tab. This is a successful test.

What does the 1-+20 mean for Magic Numbers?

For most EAs, they will trade using the EA ID or Magic Number as a base number, then subsequent trades will be made with numbers going up from there, e.g. Basic Magic Number = 10001. Trade 1 = 10001, trade 2 = 10002, 3 = 10003, etc. EA Drawdown limiter covers / monitors all of these trades up to the 20th one, e.g. 10021.

MY PRODUCT LINKS

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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 (overr

100 USD

Il toolkit di azione sui prezzi EA è progettato principalmente per scalper, ma può essere utilizzato in tutti i periodi di tempo per entrare rapidamente nel mercato con il dimensionamento del lotto calcolato correttamente in base al livello di stop. ordini) e quindi regola gli stop e i take profit man mano che il mercato si muove. Per un elenco completo di tutte le funzionalità, le impostazioni e la strategia di best practice da utilizzare, fare clic qui: https://www.mql5.com/en/blogs/post/74

99 USD

Prendi il controllo del tuo portafoglio forex. Vedi istantaneamente dove ti trovi, cosa sta funzionando e cosa ti sta causando dolore! VERSIONE MT5 DISPONIBILE QUI: https://www.mql5.com/en/market/product/58658 Il dashboard di Trade Manager è progettato per mostrarti a colpo d'occhio dove si trova attualmente ogni posizione che hai nel mercato forex e rendere più facile la comprensione della gestione del rischio e dell'esposizione alle valute. Per i trader che scalano gradualmente il mercato c

49 USD

8 CONSULENTI AL PREZZO DI UNO Otto. In. Uno. CON ALTRO IN ARRIVO - l'ultimo bot che dovrai mai comprare! Conto personale a basso rischio | Link (Pepperstone Regno Unito) VALUTAZIONE DEL VENDITORE DI 4.8 SU 5 STELLE La fiducia e la reputazione sono molto importanti per me Il mio EA CAD Sniper gratuito è stato #3 - #5 nella sezione gratuita mql5 per diversi mesi con 13.500 download Ora rivolgo la mia attenzione alla combinazione di OGNI strat che ho scoperto funzionare negli ultimi tre

1 350 USD

BUILDING ON THE SUCCESS OF MY POPULAR FREE EA 'CAD SNIPER'... I PRESENT CAD SNIPER X! THOUSANDS MORE TRADES | NO BROKER LIMITATIONS | BETTER STATISTICS | MULTIPLE STRATEGIES Send me a PRIVATE MESSAGE after purchase for the manual and a free bonus TWO STRATEGIES IN ONE FOR AUDCAD, NZDCAD, GBPCAD and CADCHF Strategy 1 can be used with any broker, trades much more frequently and is the default strategy for CAD Sniper X. It's shown robust backtest success for many years and is adapted

149 USD

LA NUOVISSIMA VERSIONE AGGIORNATA DI CAD SNIPER, 'CAD SNIPER X ' È APPENA STATA LANCIATA! Migliaia di operazioni in più | Nessuna limitazione del broker | Statistiche migliori | Strategie multiple Dai un'occhiata qui: https://www.mql5.com/en/market/product/111918 CAD Sniper è progettato solo per i broker più popolari (vedi immagini). Può essere testato con tutti, ma i risultati possono variare. Goditi CAD Sniper come prodotto gratuito ;) Inviami un messaggio privato subito dopo il dow

FREE

Click here to see my best trading robot: Prosperity MT5 ! Prosperity MT4 version Some EAs we use are great, but sometimes they don't have built-in drawdown limiters internally that just affect the EA. Other DD limiters operate on the whole account, this one is designed specifically so one EA (designated by the magic numbers it uses) can be monitored and closed off if it reaches a certain DD limit. 1. Find the magic numbers the EA uses . Normally (including for martingale / grid EAs) the

30 USD

High growth, low draw-down bot. Great for beginners AND pros. 5 COPIES LEFT - NEXT PRICE $999 Contact me after purchase for group info, manual and a personal bonus! Prosperity live fund, real money (>$2,000) signal: CLICK HERE ABOUT A rare diamond in a sea of EAs - 4x improvements in most backtest stats. We read descriptions saying 'no martingale, grid, or 'AI'' - I offer alternate parameters... Original EA No history reading No .set files changing constantly, all built-in as default Not an 'e

599 USD

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