Moncy Kuriakose / Venditore

The   DrawdownProtector   is a custom MetaTrader 4 (MT4) EA designed to manage floating losses in trading accounts. Let’s break down its key features: Floating Loss Management : The EA monitors the account’s floating profit and loss (P/L). If the floating loss exceeds a user-defined threshold (default: $100), the EA takes action. Order Closure : When the floating loss surpasses the threshold, the EA closes all open orders. It ensures that no further losses accumulate beyond the specified limit.