Account Protector

[Matti_gran_tall]

Trying to learn this amazing EA…
One thing I miss is a timer on actions, often the maknad gives off spikes and it can trigger rules without you wanting it.
I would like to have the ability to set a timer on Action.
When the condition is triggered, a timer is started and if the condition is still thru after(and during) X seconds, only then does the action trigger. If the condition is not met, the timer is reset to be triggered again at the next opportunity.


Then I wonder if you can get the EA to, under a given condition (e.g. floating loss rises to currency), only end the (not several and not parts of) the trade that is furthest from the current marketrate.
Can't get it to work...

 

[Enivid]

Trying to learn this amazing EA…
One thing I miss is a timer on actions, often the maknad gives off spikes and it can trigger rules without you wanting it.
I would like to have the ability to set a timer on Action.
When the condition is triggered, a timer is started and if the condition is still thru after(and during) X seconds, only then does the action trigger. If the condition is not met, the timer is reset to be triggered again at the next opportunity.

That's an interesting idea.

 

[Enivid]

Then I wonder if you can get the EA to, under a given condition (e.g. floating loss rises to currency), only end the (not several and not parts of) the trade that is furthest from the current marketrate.
Can't get it to work...

Perhaps, you could imitate something like that using a Filter by Magic number or by order comment if you can control those.

 

[nicolasprro]

hello , for prop firm ( FTMO MFF) max daily draw drown 5%
what parameter used ?

 

[Enivid]

hello , for prop firm ( FTMO MFF) max daily draw drown 5%
what parameter used ?

Condition: Daily profit/loss <= % of balance set to -5. As for Actions, use what you deem wise.

 

[nicolasprro]

Condition: Daily profit/loss <= % of balance set to -5. As for Actions, use what you deem wise.

ok thank you , it's based on balance or equity ?
I would like the daily equity not to drop by 5%

 

[Enivid]

ok thank you , it's based on balance or equity ?
I would like the daily equity not to drop by 5%

It will base it on the daily incurred profit and loss (both realized and floating). It will calculate it as the percentage of the daily starting balance.

 

[mouldyjulian12345]

Discuss Account Protector expert advisor here. This EA lets you control your orders and positions with a chart panel. You can ask any questions about this MetaTrader tool here.

Discuss Account Protector expert advisor here. This EA lets you control your orders and positions with a chart panel. You can ask any questions about this MetaTrader tool here.

Hi this doesnt work anymore, i just get an error 313 message?

 

[Enivid]

Hi this doesnt work anymore, i just get an error 313 message?

What are you trying to do? At what stage do you receive that error message? Which MetaTrader are you using - MT4 or MT5?

 

[Jack_7]

thanks for the EA , i have a doubt that, i think that EA closes trades in a sequence of order numbers not based on profitability

let me explain u with the example
i have account of 10,000
i opened 3 trades
1st is giving $700 loss
2nd is giving $ 200 profit
3rd is giving $ 300 profit

if i apply earn forex EA it closes 1st trade with $700 loss ... then bal will go down by 7% i.e, it hits DD
but actually my DD is $200 ... i.e, 2% because there's 2 more orders left

so in such cases i need a EA that closes Profit orders first followed by loss trades , why i need it cause many people are trading with prop firm accounts if the EA closes loss trades first it directly hits their DD limit ... plz consider this suggestion and try to add an option to close profit making trades first followed by loss making trades after hitting certain DD limit of that account

 

[Enivid]

thanks for the EA , i have a doubt that, i think that EA closes trades in a sequence of order numbers not based on profitability

let me explain u with the example
i have account of 10,000
i opened 3 trades
1st is giving $700 loss
2nd is giving $ 200 profit
3rd is giving $ 300 profit

if i apply earn forex EA it closes 1st trade with $700 loss ... then bal will go down by 7% i.e, it hits DD
but actually my DD is $200 ... i.e, 2% because there's 2 more orders left

so in such cases i need a EA that closes Profit orders first followed by loss trades , why i need it cause many people are trading with prop firm accounts if the EA closes loss trades first it directly hits their DD limit ... plz consider this suggestion and try to add an option to close profit making trades first followed by loss making trades after hitting certain DD limit of that account

Are you sure your prop firm is tracking drawdown by balance and not by equity? Most prop firms track drawdown by equity.

 

[Jack_7]

Are you sure your prop firm is tracking drawdown by balance and not by equity? Most prop firms track drawdown by equity.

Yes... MFF consider both Balance and Equity Drawdowns

 

[Enivid]

Yes... MFF consider both Balance and Equity Drawdowns

Unfortunately, there is no option to close most profitable trades first regardless of the chosen condition.
If you tell me which version you are using (MT4 or MT5), I'd be able to suggest you a code edit that would make it always close most profitable trades fitst.

 

[Jack_7]

Unfortunately, there is no option to close most profitable trades first regardless of the chosen condition.
If you tell me which version you are using (MT4 or MT5), I'd be able to suggest you a code edit that would make it always close most profitable trades fitst.

Glad to hear that , I'm using MT5

 

[Enivid]

You can add the following two lines after the current line 3810 in AccountProtector.mqh:

        DirectSorting = true;
        ArraySort(PositionsByProfit);

Make sure to test on demo first.

 

[Jack_7]

You can add the following two lines after the current line 3810 in AccountProtector.mqh:

        DirectSorting = true;
        ArraySort(PositionsByProfit);

Make sure to test on demo first.

I hope , i pasted at the right spot ... plz check it in below screenshots , i applied the changes and i tried multiple times yet EA isn't closing profits first it's just closing in random manner

 

[Enivid]

I hope , i pasted at the right spot ... plz check it in below screenshots , i applied the changes and i tried multiple times yet EA isn't closing profits first it's just closing in random manner

Is your CloseMostDistantFirst input parameter set to false?

 

[Jack_7]

Is your CloseMostDistantFirst input parameter set to false?

Yes ... By default it was set to be False ... And i didn't changed it .. i just enabled emergency button ... And didn't touched any other parameters...

 

[Enivid]

Yes ... By default it was set to be False ... And i didn't changed it .. i just enabled emergency button ... And didn't touched any other parameters...

Did you re-compile Account Protector.mq5 after you made those changes to the code?

 

[Jack_7]

Did you re-compile Account Protector.mq5 after you made those changes to the code?

i just compiled it and tested multiple times .. no change