• Registered: 2015-02-27
  • Posts: 27

Topic: Check equity drawdown before open position, multiple EA's

Hello everybody, I am testing a few EA's on the same account. Is there a way to force an EA to check account drawdown before opening positions?

Let's say I have 10 EA's on the terminal, but only 5 with open positions. If another EA is going to open some positions, but realizes that the account drawdown is -50%, I want to prevent that 6th EA open some positions until the drawdown gets better.

I can't figure if there is some indicator/logic to configure this.

Thanks in advance.

  • Popov
  • Popov
  • Lead Developer
  • Offline
  • From: Bulgaria
  • Registered: 2006-11-30
  • Posts: 7,969

Re: Check equity drawdown before open position, multiple EA's

The newest EA Studio Expert Advisors have a "Max drawdown" protection.

There are two options: Max daily drawdown and Max equity drawdown.
Both options close the current positions and stop the expert to prevent further losses.

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