Suggestion Risk Management EA

FX Harvest

Member

• Feb 15, 2019

• #1

Hi guys,

If you are concerned about all the Grid+martingale EAs out there blowing up your live accounts in the event of some freak incidents (eg like the recent JPY flash crash), you can consider attaching this EA on a separate chart to manage risk.

There are a few options there to do so. For me, I use the "Close_ByEquity_Setting" option using the "Equity_Loss_Percentage" to close out all running trades should the DD falls below my tolerable % floating loss.

Hope that helps!

 

Attachments

• Hidden Closing Trade v2.ex4

  15.2 KB · Views: 24

A

anand

New Member

• Feb 15, 2019

• #2

thanks for sharing
is it run on all pairs

 

FX Harvest

Member

• Feb 16, 2019

• #3

anand said:

thanks for sharing
is it run on all pairs

Click to expand...

Yes. It tracks your risk level to activate stop loss on all running trades once the level you set has been hit.

 

B

boypasmo

Member

• Feb 16, 2019

• #4

Novice traders that trade Grid type EA should get this one.

 

P

plrf

New Member

• Feb 16, 2019

• #5

hank you so much for sharing this EA as I was looking for it for months.

 

B

blinda

New Member

• Mar 3, 2019

• #6

what is the trading tech of this ea? GRID, MARTI or other?

 

P

Patrick

New Member

• Mar 6, 2019

• #7

FX Harvest said:

Hi guys,

If you are concerned about all the Grid+martingale EAs out there blowing up your live accounts in the event of some freak incidents (eg like the recent JPY flash crash), you can consider attaching this EA on a separate chart to manage risk.

There are a few options there to do so. For me, I use the "Close_ByEquity_Setting" option using the "Equity_Loss_Percentage" to close out all running trades should the DD falls below my tolerable % floating loss.

Hope that helps!

Click to expand...

thanks for sharing

 

L

lordxxx

New Member

• Mar 6, 2019

• #8

Thank you for sharing your robot.

 

E

ezwanmy

New Member

• Mar 6, 2019

• #9

good days sir, can you some back test result

 

L

Leekaybuoy

New Member

• Mar 9, 2019

• #10

thank you for sharing... hope i cound get the set file

 

FX Harvest

Member

• Mar 11, 2019

• #11

What back test results and set files you guys want?? This is a risk management EA, not a trading robot!

 

B

Barb Miskiewicz

New Member

• Jun 11, 2019

• #12

Thanks for sharing. attach it on only one chart