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DrawdownCutter Money Management

The DrawdownCutter EA provides you with the option to close all trades in your MT4 account, if the drawdown amount is reached, you set in the EA settings.

This EA works with MT4 accounts in any currency.

Simply attach the DrawdownCutter 2.0 EA to any clean chart. This EA also works while other EAs are running on the account - if attached to a separate chart.

Please note that due to market execution delays and broker executions times, the amount of the trades closed automatically by the DrawdownCutter, can differ slightly from the max. drawdown amount you set in the DrawdownCutter EA settings.


Feature:

- Closing of all trades in account if max. drawdown amount set in Ea is reached

- Closing of a specific pair the EA is attached to if max. drawdown amount set in EA is reached

- Closing of trades with the same Magic Number if max. drawdown amount set in EA is reached


Please do not hesitate to contact me if you have any question!

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An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility TRADE PRO provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over the right part of the chart and cli
Summer 40% discount ($149 -> $88) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials, manuals, DEMO download   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extend
News Panel per MetaTrader è uno strumento che visualizza i dati del calendario economico all'interno della piattaforma di trading MetaTrader. Lo strumento estrae notizie economiche e rilasci di dati da fonti esterne, come siti Web di notizie finanziarie o fornitori di dati, e li visualizza in un formato di facile lettura. Lo strumento consente agli operatori di filtrare i comunicati stampa per fonte, fuso orario, livello di impatto, valuta e metodo di notifica. Include anche un pulsante Aggiorna
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Versione 2.0 2021.08.04
The following feature has been added.

1. Magic number
If "true", only trades with the same Magic Number will be closed if max. set drawdown is reached

2. Current Symbol
Only trades of the Symbol the EA is attached to will be closed if max. set drawdown is reached