TRADE MANAGER MT5/MT4 – EQUITY PROTECTION EA
Automated Weekend Gap & Drawdown Safeguard for MetaTrader
Weekend gaps are one of the few risks a standard stop-loss cannot always protect you from. If the market gaps sharply against your positions while you are asleep or away from your charts, your stop-loss can be skipped entirely. The Equity Protection EA feature in Trade Manager MT5/MT4 continuously guards your account equity in real time, automatically liquidating losing orders the moment your specified drawdown threshold is breached.
A Safety Net That Works While You’re Away
Enable Equity Protection in the EA’s input settings and set your maximum acceptable equity drawdown — for example, 20%. From that point on, the EA silently monitors the account in the background, watching only the losing trades on the symbol the EA is running on. If a gap causes equity to drop to your set threshold or beyond, the EA immediately closes those losing positions on that symbol. Winning trades, and any trades on other symbols — whether in profit or in loss — are left completely untouched.
What Does This EA Actually Do?
How It Works (Step-by-Step Guide)
- Open the EA’s input settings tab inside your MetaTrader terminal.
- Set
Equity Protectionto True to enable the security guard. - Enter your maximum acceptable equity drawdown percentage (for example,
20%). - The EA now monitors account equity continuously in the background.
- If a gap or sudden move causes equity to drop to or beyond your set percentage, the EA closes only the losing trades on the symbol it’s running on.
- Winning trades on that symbol, and all trades on other symbols, remain untouched — if drawdown never reaches your threshold, no action is taken.
Why This Beats Relying on Stop-Losses Alone
Frequently Asked Questions
What exactly triggers Equity Protection?
You set a maximum acceptable equity drawdown percentage, such as 20%. If account equity drops to or beyond that percentage — for example, due to a weekend gap — the EA closes the losing trades on the symbol it’s running on.
Does it close winning trades too?
No. Only losing trades on the symbol the EA is running on are closed. Winning trades on that symbol are never touched.
Does it affect trades on other symbols?
No. Equity Protection only monitors and acts on the symbol the EA is currently running on. Trades on any other symbol — whether in profit or in loss — are left completely untouched.
Does it do anything if the drawdown stays below my set percentage?
No. If equity drawdown never reaches your threshold, the EA takes no action at all and your positions remain exactly as they are.
Do I need to monitor my charts for this to work?
No. Once enabled, Equity Protection runs automatically in the background, including during weekends and while you’re away from your charts.
Does this work with all brokers and platform standards?
Yes, as long as your broker supports MetaTrader platforms. The execution logic is engineered strictly following MQL5 documentation standards.
Protect Your Account, Even While You Sleep
Safeguard your capital against unexpected gaps and extreme market volatility today.
Get Equity Protection EA NowPair Equity Protection EA with Daily Loss Limit EA to control maximum account drawdown, or Dark Cloud Cover EA for automated candlestick reversal management.