Account Protector

[Crisciopra]

There is a Way to capture a new snapshot every day at Midnight?

Post automatically merged: Aug 30, 2022

There is a Way to capture a new snapshot every day at Midnight?

 

[Enivid]

There is a Way to capture a new snapshot every day at Midnight?

No, but you can try using daily profit/loss conditions if you need to limit some daily drawdowns.

 

[Crisciopra]

No, but you can try using daily profit/loss conditions if you need to limit some daily drawdowns.

would you help me set it up for prop trials like FTMO, True Forex Funds and MyforexFunds?
I have the formula for the calculation but I have no idea how to set the Account Protector

 

[jhonny]

This Expert could be wonderful if it only could works..
Even if I don't have any variation on my equity or balance the expert always trigger not matters what...
For the Equity rise and the Daily profit less or equal

 

[Crisciopra]

No, but you can try using daily profit/loss conditions if you need to limit some daily drawdowns.

how could I configure it for FTMO considering that in addition to the daily P/L, the floating must also be included in the calculation?

 

[Enivid]

how could I configure it for FTMO considering that in addition to the daily P/L, the floating must also be included in the calculation?

When using daily profit/loss condition, floating is also included - it is explicitly stated on the EA's description page.

 

[Enivid]

This Expert could be wonderful if it only could works..
Even if I don't have any variation on my equity or balance the expert always trigger not matters what...
For the Equity rise and the Daily profit less or equal

View attachment 22454View attachment 22455

For the first condition, you have to set 105, not 5 if you want the condition to trigger when your equity rises to % of the snapshot.

For the second condition, you have to negative (-1) if you want it to trigger on 1% loss.

 

[Crisciopra]

can you insert a snapshot function on the balance? And can a periodically automatic snapshot be set on everything? balance, equity and free margin?

 

[Enivid]

can you insert a snapshot function on the balance? And can a periodically automatic snapshot be set on everything? balance, equity and free margin?

Recapturing snapshots can be executed as an action based on your conditions. But why would you need a snapshot of balance?

 

[Crisciopra]

Recapturing snapshots can be executed as an action based on your conditions. But why would you need a snapshot of balance?

how can i set an automatic snapshot every day at midnight? I don't see how I can do it from the available conditions.

I need the balance snapshot for some prop firm conditions that use this as a parameter

Thanks

 

[Enivid]

how can i set an automatic snapshot every day at midnight? I don't see how I can do it from the available conditions.

I need the balance snapshot for some prop firm conditions that use this as a parameter

Thanks

That's best attained with the daily profit/loss conditions.

 

[Crisciopra]

That's best attained with the daily profit/loss conditions.

thank you for the answer but it doesn't work as you say. The reference value of midnight must be taken.

 

[Enivid]

thank you for the answer but it doesn't work as you say. The reference value of midnight must be taken.

That's how it works now - it analyses closed trades since today's midnight (server's time) plus current floating profit/loss.

 

[Crisciopra]

That's how it works now - it analyses closed trades since today's midnight (server's time) plus current floating profit/loss.

ok thank you very much

 

[s00071609]

I think max loss based on percentage per session would be great. User sets the time range, for example, max $200 loss in US session from 9.30 to 4pm. This would be great as it allows separation of trading between different session within a day

 

[DanAtHome]

Is there a template for this EA? I am having difficulty setting it up to close all trades once a specfiic equity position is reached or available margin.

 

[Enivid]

Is there a template for this EA? I am having difficulty setting it up to close all trades once a specfiic equity position is reached or available margin.

No, sorry. There are no templates. However, your conditions don't seem too complex, there are 'Equity >= currency units' and 'Free margin >= currency units' conditions for that.

 

[dariorosado]

Hi, how do I just make the EA turn off autotrading after a percentage of my balance was hit for the day, and then make it turn autotrading back on once a new day starts? I have it paired with a different EA and my only desire is to turn autotrading off once a daily goal is hit and have it turn back on the next day. If not do you have any other EA's that can do this for me?

Would I need to apply it to 2 charts in order to have one turn autotrading OFF once a percentage is reached and then have it on another chart to turn it back ON once the next day comes? Or can this all be done with applying it to only one chart?

 

[EnrichWave]

Hi, could you please consider option to delete pending orders(current) if already opened orders reached TP, or closed? (all the orders opened with same magic number.).

 

[Enivid]

Hi, how do I just make the EA turn off autotrading after a percentage of my balance was hit for the day, and then make it turn autotrading back on once a new day starts? I have it paired with a different EA and my only desire is to turn autotrading off once a daily goal is hit and have it turn back on the next day. If not do you have any other EA's that can do this for me?

Would I need to apply it to 2 charts in order to have one turn autotrading OFF once a percentage is reached and then have it on another chart to turn it back ON once the next day comes? Or can this all be done with applying it to only one chart?

Yes, you have to use two instances of the Account Protector. One to turn trading off once your daily profit is reached. Another one to turn it back on at a given time.