Account Equity Guard / Equity trailing forex EA mt4
This robot for mt4 will preserve your trading capital . It is based on equity and not on profit.
It monitors the equity of account and keeps track of highest equity achieved, then according to your input settings close all trades when X % of loss happens on highest equity !
You will have following options in the input of Robot :
- Turn on/off maximum equity to close trades
- Turn on/off minimum equity to close trades
- Options to select closing of trades.
1. All market orders.
2. All pending orders.
- Option to disable All EA’s when target or draw down is reached !
- Option to close on percentage drawdown and what type of orders to close.
- Sound alerts
- Email Alerts
This would be your capital protector for metatrader as a whole package !
How does it work?
Suppose you have 15 trades running in an account and you are making 1000 $ profit on 10000 $ account so that would be 10% , You wanna secure your equity when you lose 30% of profits from the highest profit achieved in running trades.
Now if your profit goes upto 1500$ if you set equity trailing to 30% then trades will close when your trades go down to 1050 $ i.e 30% of highest equity reached has been lost so the EA will close all the trades to secure profits.
Order Now to protect your account !