Jiju Jose J
Jiju Jose J
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Very helpful utility acts as an EA. The "DrawDown For Prop Firm" EA is a risk management tool designed for MetaTrader 4 users. After installing the EA by placing the .ex4 file in the "Experts" folder, users manually configure settings such as the opening balance and drawdown trigger percentage. The EA continuously monitors the account's drawdown during trading, comparing it to the user-defined trigger. If the drawdown exceeds the trigger, the EA takes automated actions, closing all open positions and optionally deleting pending orders. The MetaTrader 4 chart displays relevant information, including balance, equity, and drawdown percentages. Users have control over risk tolerance through manual setting adjustments. It serves as a safeguard against excessive losses, especially in proprietary firm accounts, and users are advised to thoroughly understand the EA's functionality and conduct proper testing before live trading.

The "DrawDown For Prop Firm" is designed to manage drawdown levels for prop firm challenges using the MetaTrader 4 (MT4) platform. The EA aims to monitor the drawdown of the trading account and take necessary actions when the drawdown exceeds a specified trigger percentage. Example Scenario: Assume you have a trading account with an opening balance of $5000. You decide to use the "DrawDown For Prop Firm" EA to manage your drawdown, and you set the drawdown trigger percentage to 4%. EA

Jiju Jose J Produto publicado

The "DrawDown For Prop Firm" is designed to manage drawdown levels for prop firm challenges using the MetaTrader 4 (MT4) platform. The EA aims to monitor the drawdown of the trading account and take necessary actions when the drawdown exceeds a specified trigger percentage. Example Scenario: Assume you have a trading account with an opening balance of $5000. You decide to use the "DrawDown For Prop Firm" EA to manage your drawdown, and you set the drawdown trigger percentage to 4%. EA

Jiju Jose J Produto publicado

Welcome to Josmellon GOLD EA V5, an automated trading solution designed for XAUUSD (Gold) on MetaTrader 4. It uses automation and a sophisticated strategy tailored for the dynamic Gold market. Overview : Crafted for Gold trading to capitalize on its liquidity and movements. Relies on two Triangular Moving Average-based indicators for trade decisions. Key Features: Automated Execution: Executes precise and timely orders in the volatile Gold market. Indicator-Based Signals: Rel ies on two

Jiju Jose J
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