MT5 EQUITY PROTECTOR EA This EA will close all running trades OR will stop all other running EA if EQUITY DRAWDOWN MAXIMAL (MAXIMUM DD) is surpassed. ================================= EA Input INPUT SETTINGS ===== SETTINGS ======= ACCOUNT BALANCE: 0 MAXIMUM DRAWDOWN (%): 48 Stop Automated Trading: true Close Trades: true Slippage (Points): 15 ALERTS ====== ALERTS ========= Display Alerts: My Alert Name Email Alerts: true Push Alerts: true Souns Alerts: true Sound File: alert.wav EA TEXT SETTING: ===== Color, Size, Font type=== Color: White Size: 12 Font Name: Lucida Console ===================================================== DESCRIPTION: Display Alerts: It will allow me to put TEXT and will show this TEXT once alert is activated ACCOUNT BALANCE: The EA lets me set a desired reference account balance. If set to zero (0), the EA will use the current account balance and update its value as long as it is executing. Therefore the account balance will contain either your desired reference account balance, or the highest value achieved during the EA's current execution. MAXIMUM DRAWDOWN: Maximum drawdown in percentage terms allowable in the account. When the drawdown level is surpassed, the EA will close all charts to prevent all other EAs to take any further action if "Stop Automated Trading" option is enabled by "true" option. In addition, if "Close Trades" option is enabled by "true" option, then this EA will close all trades but not pending orders. Stop Automated Trading: If enabled, the EA will close all charts on the platform to prevent further trading if the drawdown level is reached. If disabled, the charts will remain open and the EAs trading in the account will keep trading. Close Trades: If enabled, EA will close all running trades on the Platform. It will not close any Pending order. If disabled, all trades remain running without any intervention by QUITY PROTECTOR EA. SLIPPAGE (POINTS): Max Slippage is allowed on order closing. DISPLAY: Top left corner on the chart, there will be display of the Following: MAX DD (%): EQUITY: PROFIT: