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Suggestion Risk Management EA

FX Harvest

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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!
 

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  • Hidden Closing Trade v2.ex4
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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!

thanks for sharing
 

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