KT Equity Protector EA
KT Equity Protector EA MT4 | MT5 Free Download
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KT Equity Protector EA consistently monitors the account equity and closes all the market and pending orders once the account equity reached a fixed equity stop loss or profit target.
Equity Stop Loss
If your current account balance is $5000 and you set an equity stop loss at $3000. In this case, the KT Equity Protector EA will close all the active and pending orders when the account equity reaches equal or less than $3000.
Equity Profit Target
If your current account balance is $5000 and you set an equity profit target at $7000. In this case, the KT Equity Protector EA will close all the active and pending orders when the account equity reaches equal or greater than $7000.
After closing all the orders, it can also disable the auto-trading in Metatrader so that it can debar other expert advisors from opening more trading orders.
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Hey, I’ve one question.
But first, I would rate this EA with 5 stars, it is amazing.
The only problem I have is, that I’ve set the setting: “disable auto trading” -> “true”.
Iam using one other full automated EA for trading and the problem ist, that the equity protector close all trades, when the profit target is reached, but don’t stop the automatic trading. Whats my mistake?
Hi Leo. Would you be able to add an alert function to the Equity Protector so the EA could issue an email and screen alert when the equity profit or loss targets are met, just so I know when to start trading my EA again. Also, is it possible to add a percentage equity profit and loss setting to the EA? Thanks Nicholas
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