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Thread: Total Equity trailing stop EA for MT4

  1. #11
    Perhaps that is what you want:
    easy idea....

    Begin define one variable ContinueOpening=true
    put it to false when your Equity level reach specified percentage

    example :

    when(AccountEquity() lt; specifiedpercentage)
    CloseAll();
    ContinueOpening=false;


    Place this ContinueOpening==true at your entire order commands logic.

    You need to code it to all the EAs that being use in your account platform.

    Subsequently it wont activate trades when the condition occured.

  2. #12
    Quote Originally Posted by ;
    perhaps this is exactly what you need:
    easy idea....

    Begin define one variable ContinueOpening=true
    set it to false when your Equity level reach specified percent

    example :

    when(AccountEquity() lt; specifiedpercentage)
    CloseAll();
    ContinueOpening=false;


    Place this ContinueOpening==accurate at all your order commands logic.

    You need to code it to each of the EAs that being use on your account platform.

    Then it wont activate trades when the condition occured.
    This would replie the logic that determines when to stop (in our case we wanted a trailing stop on the equity that's a bit more complex) across each and every EA, which is cumbersome to maintain and you need to specify the same stop conditions many times for every individual EA instance.

    The OP wanted a separate trailing stop EA with bells and whistles at one central place to give the stop sign and all the many trading EAs only to listen to this stop sign.

  3. #13
    1 Attachment(s) Paid a developer to make this. The trailing stop is a gem where it places the halt x amount of pips below previous bar so carefull which time frame you use it on. Also when the drawdown is hit this app closes all transactions fifo order then shuts down ea's. Test on demo first aquired myself if perfected and not for sure. Also, logic knows if five/four digit broker also it doesn't matter what chart ea is on since it monitors all pairs on account. This is sometimes an issue for several ea's
    https://forexintuitive.com/discussio...-sideways.html

  4. #14
    Hi Tekwell,
    now I was searching for a comparable Ea, I discovered it in another forum, but in there they state that it comes from forexintuitive.
    I use to watch FF's Calendar each single day, but I decided to join to thank you for sharing it with different individuals.

    I expect it will work for me too.

    Thanks a lot
    Stefano


    Quote Originally Posted by ;
    Paid a programmer to make this. The stop is really a stone in which it places the halt x amount of pips below bar so carefull which time period you use it on. Whenever the drawdown is struck this program closes all transactions fifo order then shuts down ea's. Evaluation on demonion only aquired myself rather than for sure if perfected. Additionally, logic understands if five/four digit broker also it doesn't matter what chart ea is on because it monitors all pairs on account. This can be a problem for multiple ea's

  5. #15
    1 Attachment(s) One of the Equity EA's, as per my experience, Equity Sentry is the best one.Account equity falls to a certain degree (money/percentage/pips) Account equity reaches a certain degree (money/percentage/pips) Open transactions (floating loss/profit) reaches certain degree It will close all running EA's and will shutdown your MT4 terminal (best in case you're copying signals from different traders)

    EA can execute several tasks on Trigger:Close open transactions Delete pending orders Disable Autotrading on MT4 terminal, making all EA's to stop any operations or simply keep them from opening, modifying or closing any transactions on the account. EA disables Autotrading in a very simple manner by clicking on the ?Autotrading? button pro grammatically in the very best MT4 toolbar. Close MT4 terminal completely. https://forexintuitive.com/discussio...llective2.html

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