Account Protector
- Thread starter Enivid
- Start date
- Watchers 191
Thanks for your swift reply.
I understand what you are saying.
Just a thought !
What if we have a "Extra" condition input where we could type in a number such as 1915.00 for gold.
Then have the EA refer back to and check the current local chart value for 1915.00 ?
Thanks for a great EA it is most appreciated.
Best Regards,
Howard
I understand what you are saying.
Just a thought !
What if we have a "Extra" condition input where we could type in a number such as 1915.00 for gold.
Then have the EA refer back to and check the current local chart value for 1915.00 ?
Thanks for a great EA it is most appreciated.
Best Regards,
Howard
Account Protector may be just what I have been looking for, for a very long time!!
Thank you for sharing this tool, which may be a god send to my trading future!!
I plan to only use the EA to control auto trading based on free margin.
The aim is that when my trading algo's trade and the free margin% reaches a certain level (ie <xxx% of snapshot), the Auto Trade is turned OFF.
This will STOP further martingale orders from being placed (which could be terminal) - and allow time for the market to retrace/recover and the TP (which is normally very close to the market price) to be hit and trades close.
Ideally the Auto Trade will then be 'enabled' again, once free margin% is > xxx of snapshot
My questions are:
1. Do I need to run 2x Auto Protect to execute the above - ie 1x to stop Auto Trading, and another to re-start Auto Trading?
2. In the 'EA Settings' I have set the DoNotResetConditions and DoNotResetActions both to TRUE, as I want the EA to take action (stop A/T then start A/T) when the conditions are met, and to keep working until it is manually interrupted - is that correct?
I am going to test Auto Protect now, with very small 'free margin reductions of ~0.5% ' and then test the 2nd option, as 1. above, to re-start Auto Trading - but I do highly value your response to my questions.
Thank you in advance
Thank you for sharing this tool, which may be a god send to my trading future!!
I plan to only use the EA to control auto trading based on free margin.
The aim is that when my trading algo's trade and the free margin% reaches a certain level (ie <xxx% of snapshot), the Auto Trade is turned OFF.
This will STOP further martingale orders from being placed (which could be terminal) - and allow time for the market to retrace/recover and the TP (which is normally very close to the market price) to be hit and trades close.
Ideally the Auto Trade will then be 'enabled' again, once free margin% is > xxx of snapshot
My questions are:
1. Do I need to run 2x Auto Protect to execute the above - ie 1x to stop Auto Trading, and another to re-start Auto Trading?
2. In the 'EA Settings' I have set the DoNotResetConditions and DoNotResetActions both to TRUE, as I want the EA to take action (stop A/T then start A/T) when the conditions are met, and to keep working until it is manually interrupted - is that correct?
I am going to test Auto Protect now, with very small 'free margin reductions of ~0.5% ' and then test the 2nd option, as 1. above, to re-start Auto Trading - but I do highly value your response to my questions.
Thank you in advance
Last edited:
MargnLevel% is not a good idea
Many thanks for your help
I have another question, which I sure the answer to is a simple 'no' - but I wish to ask.
I am testing using Account Protector to manage the account (actually the start / stop of auto trading) of another EA, which is scalping many times a day. The protection I need it that the EA does not over trade (reducing free margin %) - it is not my own EA.
I can run the AP to do this, however, my wish, is that I can use MT4 or another tool, to emulate (back test) both my EA and AP together to see if my strategy and calculations (what free margin%) are right.
Could you help me, or guide me to a 3rd party / tool that may be able to assist?
If it's entirely impossible - just tell me - but very little in this world is entirely impossible
Thank you
If you can edit the code of your EA, you could just add this free margin % fuse there yourself - at least for the backtesting version. Otherwise, I don't think there are any tools that would allow you to backtest using two EAs at the same time.I can run the AP to do this, however, my wish, is that I can use MT4 or another tool, to emulate (back test) both my EA and AP together to see if my strategy and calculations (what free margin%) are right.
Could you help me, or guide me to a 3rd party / tool that may be able to assist?
If it's entirely impossible - just tell me - but very little in this world is entirely impossible
Is it possible to add an option to increase/reduce the balance by additional funds?
I really appreciate your great tools.
Thank you so much in advance.
I really appreciate your great tools.
Thank you so much in advance.
OK, I'll consider adding such a possibility in the next version of Account Protector.
Could you provide the screenshot of the equity and the snapshot at the time of triggering? Also, is this MT4 or MT5?
hi Support.
i attached the screen captured (condition- Equity >= % of snapshot: 10.00 ) when I click on it . And the Action - i set to Close 100%trade, disable autotrading.
capture:
0. action - set to Close 100%trade, disable autotrading.
1. Condition - before trigger.
2. Condition - after trigger.
if require to capture via video, I can send to you separately ( I notice I cannot upload video here).
hope it help
Attachments
10% of $4,981.80 is $498.18. Your equity is much greater than that, hence the actions are triggered. It looks like, you need to set it to 110%, not 10%.
I'm having trouble installing this EA. The first time, I installed it to a file on my PC it took a little bit to get it working (restarting) but eventually it appeared. But today on my a platform in my VPS it's not loading along with my other EAs (even after refreshing and closing platform). Any ideas please?
