KT Equity Protector EA
MT4/MT5
$30
From MQL5 Market
-- Lifetime Access --
- Update Log
KT Equity Protector EA for MT4 & MT5 consistently monitors the account equity and closes all the market and pending orders once the account equity reached a fixed equity stop loss or profit target. With this EA, traders can rest assured that their capital is safeguarded and their trading activities are optimized.
This powerful tool is a trusted ally, allowing traders to focus on their overall trading strategy and achieve their financial goals confidently.
What our customers say
I just love it. It has made my risk management much much easier.
- Rev Winston
I rate this EA with 5 stars, it is fantastic.
- Leo Tschapowski
This EA is excellent for me.
- Andy So
Equity Stop Loss
If your current account balance is $5000 and you set an equity stop loss at $500. In this case, the KT Equity Protector EA will close all the active and pending orders when the account equity reaches equal or less than $4500.
Equity Profit Target
If your current account balance is $5000 and you set an equity profit target at $1000. In this case, the KT Equity Protector EA will close all the active and pending orders when the account equity reaches equal or greater than $6000.
Equity Calculation Mode
Relative:
The profit/loss is calculated using the initial account balance in relative mode. For example, if your account balance is $5000 and you set an equity stop loss and profit target at $500. The EA will stop trading when your account balance reaches $4500 or $5500.
Absolute:
The profit/loss is calculated using the exact floating equity. For example, if your account balance is $5000 and you set an equity stop loss at $4600 and an equity profit target at $5600. The EA will stop trading when your account equity reaches $4600 or $5600.
Input Parameters
- Equity Calculation Mode: Relative/Absolute.
- Profit Target in Account Currency.
- Stop Loss in Account Currency.
- Close All Positions.
- Remove All EAs by closing all charts.
After closing all trading positions, the Equity Protector EA can close all open charts to stop other expert advisors from opening more trading positions. The EA works as an account protector in a true sense.
We recommend downloading the KT Pip Counter indicator to have trades and profit/loss-related information on the chart.
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Reviews
To test, I ran an EA in a demo account and purposely overloaded the lot size. The Equity Protector worked like a charm, exactly at the set amount drawdown.
I am very confident that it will be just what I need for my live accounts.
What I particularly like is it's simplicity.
This EA is excellent for me.
Awesome EA. Thanks so much!
Wonderful EA.
I rate this EA with 5 stars, it is fantastic.
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