Hello Traders,

EA Studio v23.11.9 comes with metrics for evaluating the FTMO criteria.

Maximum daily loss

It is a total loss from midnight.
Daily loss = total profit of closed positions + current floating profit
Daily loss % = 100 * Daily loss / Initial account

This metric is reset at midnight.

The corresponding validation criterion is Maximum daily loss %. It has a default value of 5%, which corresponds to $500 for an initial account of $10000.

The "Maximum daily loss %" is relative to the Initial account. That is. 5% will be $500 for the complete backtest.

Maximum loss

This is the maximal loss relative to the initial account. It is not a Drawdown.

The corresponding validation criterion is Maximum loss %. It has a default value of 10%, which corresponds to $1000 for an initial account of $10000.

Maximum loss = Initial account - Minimal equity
Maximum loss % = 100 * Maximum loss / Initial account

You can make the new stats params visible in the Backtestign stats panel:

The parameters will be visible in the Generator, the Collection and the Editor:

It will show 0% for old collections. Recalculate your collection to update the metrics.

Validation criteria:

We have corresponding settings in the Expert Advisors and the Portfolio Expert.

You can make managing easier by presetting the protections in the MQL code.

The Max Daily Loss protection in the MQL code calculates the Loss for the last 24 hours. This differs from the stats in EA Studio, which calculates from midnight.

You may set the protection to a lower value. Protection of $450 will work well with a $10000 account, and it will have a $50 safety margin.
If the protection is triggered, it stops the trading and removes the expert.

Please test the new features and share your feedback.

Trade Safe!