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DrawDown Limiter MT4

69 USD

Download demo: 153

Publicado: 22 março 2023

Versão atual: 3.9

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DrawDown Limiter MT4

Name: DrawDown Limiter MT4
Price: 69.00 USD
Rating: 5 (8 reviews)
Author: Haidar, Lionel Haj Ali

Utilitários
Haidar, Lionel Haj Ali
Versão: 3.9
Atualizado: 4 março 2024
Ativações: 10

Drawdown Limiter EA

You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account.

Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified. I am an EA automated trader, and I developed this utility to help me respect this rule, and I am proposing it here to help you too. This EA is ideal for protecting your balance if you are trading manually, via copy trading, or EA trading with a prop firm or on your own.

DrawDown limiter will help you in:

Tracking the account drawdown
Tracking the daily trader drawdown
Prevent you from overtrading by limiting open position
Alert you when you are taking high-risk trades
Tracking your EA portfolio one by one
And the most important is protecting your account from breaching the drawdown and overtrading threshold.

The expert advisor’s essential function is to monitor all the activities on the account, if it was a manual or automated trade by another expert advisor. In two clicks you can configure it. And once on your chart, you will first notice a "Traffic Lights" on your screen. It's "Traffic Lights" feature will keep you informed about the KPI in a simple graphical manner. The position and style of the traffic lights can is super customizable to match your chart's style.

"Draw Down Limiter" is designed to respect the major prop firm rules. The EA is compatible with FTMO. Please check how on this blog: FTMO rules compatible EA: DrawDown Limiter. If you are trading from the USA and you have FSA regulations to respect, DrawDown Limiter is compatible with the NFA FIFO rule. Please check the following blog for details: DrawDown Limiter compliance with NFA Rule 2-43b FIFO rule.

If you are interested to get a FREE EA that automatically toggle "Algo Trading" ON and OFF based on your drawdown, don't hesitate to contact me once you purchase DrawDown limiter to share it with you for free.

Need help or have questions? Check DrawDown Limiter User Guide

I am Lio, don't hesitate to reach out! We are always available to respond, help, and improve.

mais...

162

studentspower 2024.08.30 10:11 #

everything I need. Fortunatly it didn't need to close yet. But the settings are very good for all kinds of prop firm requirements.

504

Juan Antonio Rojo Pereira 2023.10.10 21:13 #

All right, thanks

360

Enrico De Landerset 2023.10.09 21:40 #

5 stars to the product that is simply perfect and 5.000 stars for the Author and his fantastic support.!

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The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when

70 USD

FxProTrader is a multifunctional half-automatic trading system that allows you to trade both manually and automatically . The algorithm includes 3 automatic trading strategies (1 trend and 2 flat). The trader independently analyzes the trading situation and makes a decision on which trading strategy to include. Attention! Not all buttons work correctly in the strategy tester. Presented in the form of 4 graphic panels: 1 Panel - the main trading panel responsible for manual trading. Allows

149 USD

TakePropips TradePad Pro inclui um poderoso gerenciador comercial, medidor de força da moeda, ferramentas de relatórios de contas, ferramentas de gerenciamento de risco e muito mais! É um dos gerentes e assistentes comerciais forex mais avançados que você jamais encontrará! É a solução perfeita para traders que desejam uma maneira mais eficiente de gerenciar transações comerciais. Você pode baixar o manual do usuário em nosso blog: https://www.mql5.com/en/blogs/post/751180 Você pode testar e

98 USD

Este Expert Advisor monitora constantemente o patrimônio de sua conta de negociação para evitar saques onerosos e / ou para cumprir as regras de negociação. Quando um determinado conjunto de regras é violado, o EA alertará, fechará todas as negociações e, em alguns casos, excluirá todos os pedidos pendentes. Opcionalmente, ele também pode fechar todos os gráficos para remover todos os EAs operando na conta. Este EA é particularmente útil para Desafios de Negociação Prop, como o Desafio FTMO ou

75 USD

Ultimate SMC is a sophisticated MetaTrader 5 Expert Advisor designed to act as a framework for traders using advanced Smart Money Concepts (SMC). If you are a smart money concept trader and want to enhance and automate your trading strategies, this EA is for you. It is designed to cater to advanced traders seeking a robust and versatile tool to implement precise and strategic trading maneuvers based on the smart money concept. The EA combines multiple sophisticated trading techniques and risk ma

249 USD

Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified. I am an

69 USD

FVG EA PRO is a must-have smart money concept EA, highly customizable and using advanced techniques of FVG "Fair Value Gap" and market structure to capture high probability trades. It is highly configurable, you can build various strategies based on market structure and FVG as entry criteria. FVG EA PRO can be used to trade Kill Zones and Silver Bullet Windows. It is fully compatible with swing trade strategies. It contains all the functionalities needed by any successful traders to automa

249 USD

ICT Silver Bullet If you are searching for a reliable indicator to trade the ICT Silver Bullet concept, or ICT concepts, Smart Money Concepts, or SMC, this indicator will respond to your need! Before version 2.2, this indicator was focused only on ICT Silver Bullet, but moving forward, we will include the different elements for smart money concept trading. This indicator will help you identify the following: FVG - fair value gaps Market structure: BOS and CHOCH. It is based on ZIGZAG as it is

39 USD

Structure Blocks: a structured way to analyze market structure This indicator is for you if you are a price action or smart money concept trader. It identifies market trends' ultimate highs and lows and intermediaries' swing lows and highs. It adjusts based on candles' body where most of the volume is, disregarding wicks. Need help or have questions? I am Lio , don't hesitate to reach out! I am always available to respond, help, and improve. How it works: Each block consists of a move wit

FREE

ICT Silver Bullet If you are searching for a reliable indicator to trade the ICT Silver Bullet concept, or ICT concepts, Smart Money Concepts, or SMC, this indicator will respond to your need! This indicator will help you identify the following: FVG - fair value gaps Market structure: BOS and CHOCH. It is based on ZIGZAG as it is the most subjective way to do it. ICT Silver Bullet windows and related notifications when it starts and when an FVG appears Swing High and low that are potential b

39 USD

"Step Ahead" is the ultimate breakout expert advisor The basic strategy is trading breakouts from a time range. It takes a start time and an end time as inputs. The EA sets breakout trades at the end of the ranges and manages the trades via breakeven and trailing stops mechanisms. The trades will be closed if SL or TP hits, and you can configure to close all open trades and orders at a specific time as part of the range settings. The strategy requires an SL for each trade. It is not a risky stra

179 USD

Breakout Momentum is an automated scalper for EURUSD. Its strategy takes advantage of "false breakout", "breakout", and "raids on liquidity" above and below current marketplace prices. It is effective in both raging and trending markets. It shows promising results during backtesting using "every tick based on real tick" mode. it is also proving itself on a real account. Check Live Signal on Live Signal 1 - EURUSD Where does it work the best? The default parameters are optimized to suit th

99 USD

T Manager, the ultimate trade management solution designed by traders for traders. If you are searching for a simple and efficient trade panel, trade manager, or trade assistant, you are at the right place. The market contains a diverse number of those tools , but this one is designed by traders for traders . I designed this tool, and I am using it daily. Take my advice and stop buying tools blended with un-useful features that you will never use, T Manager provides you with the essential

30 USD

Trade the BOX It is the must-have utility to help you automate the execution of your trading plan, managing scale-up, partial profit booking, and trade managing. It is very intuitive. You need to load it on a chart, set your trading plan, select your range with the BOX, and double-click to activate the trades. Trade the BOX will take it over, ensuring your trading plan is mechanically executed without deviation. As it is a bot handling your trades, Scalpers, you will adore this utili

30 USD

Filtro:

162

studentspower 2024.08.30 10:11 #

everything I need. Fortunatly it didn't need to close yet. But the settings are very good for all kinds of prop firm requirements.

16874

Resposta do desenvolvedor Haidar, Lionel Haj Ali 2024.08.30 12:09 #

I am glad to read your review! Thanks a lot, and just let us know if you need help.

Luca Madeddu 2023.10.25 15:22 #

O usuário não deixou nenhum comentário para sua avaliação

16874

Resposta do desenvolvedor Haidar, Lionel Haj Ali 2023.10.25 15:32 #

Thanks a lot, I am very happy to see your review! Anything you need just let me know.

504

Juan Antonio Rojo Pereira 2023.10.10 21:13 #

All right, thanks

16874

Resposta do desenvolvedor Haidar, Lionel Haj Ali 2023.10.10 21:30 #

Thanks a lotb⭐⭐⭐⭐⭐

360

Enrico De Landerset 2023.10.09 21:40 #

5 stars to the product that is simply perfect and 5.000 stars for the Author and his fantastic support.!

16874

Resposta do desenvolvedor Haidar, Lionel Haj Ali 2023.10.09 21:42 #

Hey, you made my day with this review! Thanks a lot. Looking to have more awesome clients like you that will benefit from this EA

154

bl4ck0pal55 2023.09.02 13:50 #

Best drawdown limiter on the market! It works perfectly and might help you on your trading journey. Easy to understand and the support is really fast.

16874

Resposta do desenvolvedor Haidar, Lionel Haj Ali 2023.09.02 13:51 #

Awesome review, thanks a lot 👍

420

Viachaslau Kulakou 2023.07.18 17:46 #

Excellent product

16874

Resposta do desenvolvedor Haidar, Lionel Haj Ali 2023.07.18 17:48 #

Thanks a lot

marpl 2023.07.13 18:53 #

I definitely recommend this product. It is perfect for my challenges as well as for securing my private account. Very good service and help with startup and installation. Great choice. Thank you

16874

Resposta do desenvolvedor Haidar, Lionel Haj Ali 2023.07.13 23:01 #

Thanks a lot for your review! Much appreciated!

Wes Joe 2023.05.27 18:56 #

Excellent EA - Very happy with it! Haidar is also very responsive and helpful as an author.

16874

Resposta do desenvolvedor Haidar, Lionel Haj Ali 2023.05.27 19:00 #

Grateful for your review! Thanks a lot.

431

RUTTO2 2023.05.16 21:30 #

O usuário não deixou nenhum comentário para sua avaliação

16874

Resposta do desenvolvedor Haidar, Lionel Haj Ali 2023.05.16 21:34 #

Hey, thanks for your review, I am glad that you liked the EA!

ieik99 2023.05.15 14:49 #

This EA is a real gem. It is a fundamental tool for any trader, being able to have an automatic brake allows you to maintain an excellent risk management by having a maximum daily loss and maximum amount of trades at the same time. In my particular case it was an incredible help when I had to get out of a drawdown, since then I always keep it active. ABSOLUTELY recommended !!!

16874

Resposta do desenvolvedor Haidar, Lionel Haj Ali 2023.05.15 14:51 #

Thanks a lot for your review and recommendation.

Versão 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

Versão 3.8 2024.01.05

⚠️Correction of a bug related to the auto-close feature
⚠️Correction of labels in the display messages

Versão 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

Versão 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

Versão 3.5 2023.07.13

Better handling reset when using a specific range
Optimization of checks to consume less memory and cpu

Versão 3.4 2023.07.06

Edge case, Bug related to closing pairs like XAUUSD and XPDUSD

Versão 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

Versão 3.2 2023.06.24

Add decimals to "Max % or Money Value" in risk per trade section

Versão 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

Versão 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

Versão 2.32 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

Versão 2.31 2023.05.07

Minor performance enhancement - Remove a print info of open position in the logs

Versão 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

Versão 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

Versão 2.1 2023.04.04

Adding Drawdown calculation as fixed money value
Adding a max number of trades per range
Adding different option to prevent overtrading (I do recommend you to learn discipline)