KT Equity Protector MT4

KT Equity Protector EA consistently monitors the account equity and closes all the market and pending orders once the account equity reached a fixed equity stop loss or profit target. 

Equity Stop-Loss

If your current account balance is $5000 and you set an equity stop loss at $500. In this case, the KT Equity Protector will close all the active and pending orders when the account equity reaches equal or less than $4500.

Equity Profit Target

If your current account balance is $5000 and you set an equity profit target at $1000. In this case, the KT Equity Protector will close all the active and pending orders when the account equity reaches equal or greater than $6000.

Equity Calculation Mode

Relative: 

The profit/loss is calculated using the initial account balance in relative mode. For example, if your account balance is $5000 and you set an equity stop loss and profit target at $500. The EA will stop trading when your account balance reaches $4500 or $5500.

Absolute:

The profit/loss is calculated using the exact floating equity. For example, if your account balance is $5000 and you set an equity stop loss at $4600 and an equity profit target at $5600. The EA will stop trading when your account equity reaches $4600 or $5600.

Input Parameters