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Forex Software → Forex Strategy Builder Professional → Account Protection
I have my FIFO strategy template now set up the way I want it except for one last thing. I am using 'Day Closing 2' to close all open trades 10 minutes before the end of the market trading day. How can I also protect my account such that if it has a loss of 5% (Account balance plus floating loss) I can close all trades and not allow any additional trading for the balance of the trading day?
You can protect your account.
Please see the "Stop trading at min account" option.
Set the minimum account in currency.
If your balance drops below that amount, the expert will stop trading and will close.
You can protect your account.
Please see the "Stop trading at min account" option.
Set the minimum account in currency.
If your balance drops below that amount, the expert will stop trading and will close.
This is not what I really want. What I want is to stop trading for the day if my daily drawdown reaches 2% for example. Using the "Stop trading at min account" option would require me to keep updating it on a daily basis to adjust the min account setting. I would really like to be able to set it and forget it so I don't have to be at the computer once every day. There needs to be an option to set "Stop trading at min Percent account" option.
You can protect your account.
Please see the "Stop trading at min account" option.
Set the minimum account in currency.
If your balance drops below that amount, the expert will stop trading and will close.
How long does it stop trading?
Forex Software → Forex Strategy Builder Professional → Account Protection
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