"postType" variable can be replaced with a function that gives if there is an open position at the moment.
"ManageClose" must be a function that can close all open positions of the portfolio. Be careful to take into account the Base_Magic_Number to leave the strategies from the other Portfolios intact.

The code is giving me the same errors;

posType -undeclared identifier
ManageClose - function not defined

Can you assist to take a look? And could you code it in % of equity?

Thank you.

Yes, it must work.

hmm doesnt work When i add code and compile than i get following errors:

posType -undeclared identifier
ManageClose - function not defined

Here is a little bit improved version that closes the current position and also closes the expert.

static input double MinimumEquity = 600; // Minimum Equity


void OnTick()
  {
     ...
   
   double equity = AccountEquity();
   if (equity < MinimumEquity) 
     {
       if (posType!=OP_FLAT)
         {
           ManageClose();
         }
       ExpertRemove();     
     }
  }

   static input int Minimum_Balance=500;                                // Minimum Balance

and this

      if (AccountFreeMargin()<Minimum_Balance) 
      {
       Print("We have no money.",  " Error code=",GetLastError());
       return;

is there anyway to make the EA stop opening new trades when equity is below X amount?
I want the X amount appears on the EA parameters.

Regards.