Drawdown Limiter Advanced
Whether you are a trader that uses Expert Advisors (EA) or you trade manually, if you decided to obtain a funded account and you are going to start an evaluation phase with a Prop Firm (like FTMO, MyForexFunds, FundedNext and all the other ones available), you will surely need to pay close attention to put a daily drawdown limit. That seems easy, at least in words, but dealing with the rigid rules of a Proprietary Firm leave no space for mistakes, distractions, emotional blindness or execution delays. Right for this, the best way to manage your drawdown limit is using a program that is going to monitor your drawdown level automatically at all times and take the right actions to ensure you don't break any rules throughout the whole process of getting funded and then managing a funded account reducing the risk of losing it. For you, the Drawdown Limiter - Advanced will: Monitor the Daily Drawdown Monitor the Overall Drawdown Close all the positions once your drawdown limit is reached...
Riccardo Di Giacomo
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