CAP Equity Guard EA

The CAP Equity Guard MT4 is an expert advisor that constantly monitors the equity of your trading account and prevents costly drawdowns. The CAP Equity Guard EA is a useful tool for money managers! When an emergency procedure takes place, you are notified by visual, email and push alerts.

The EA performs the following tasks:

• It monitors your entire trading account.
• Easy to use! Just drag it to a random empty chart.
• It will work perfectly, if MetaTrader restarts.
• It can be workable with your existing EA.
• Visual, mail and push alerts.
• It can remove your external EA after target equity hit.

Let us give you an example of how CAP Equity Guard works.

Attach EA to any blank Chart when you don't have any existing trade. For example, your equity is 1000 and you set EA's input 'Profit Type=In Currency' and 'Profit Value=5.0'. You start trading by manual or any other EA. When your current equity gain is 5 (mean total equity 1005), EA will close all trade and record new equity now 1005. Again your equity gain 5 from last recorded equity, EA trigger and close all trade. EA use global variable to record previous equity, so if your MT4 close or your VPS restart, EA will restore recorded equity from global variable. You can change/modify recorded equity from dashboard record equity input box.