Hey there, fellow traders! If you’re looking for a reliable way to manage your trades, let me introduce you to the Zakryvator. This handy EA (Expert Advisor) is designed to automatically close orders when your losses hit a certain threshold in your account currency. And the best part? It doesn’t just track orders for the currency pair it’s installed on; it keeps an eye on all open trades across your entire terminal.
One of the standout features of the Zakryvator is its ability to adjust the loss based on your order volume. For instance, by default, if you’re trading with volumes of 0.01 to 0.02 lots, the maximum allowable loss is set to 4 (which translates to $4 if your account is in dollars). For larger trades, over 1 lot, the maximum loss goes up to 30.
Heads up: Be mindful of potential slippage depending on market conditions and your broker!
Input Parameters
- min_001_002 — Maximum loss for orders with volumes from 0.01 to 0.02 lots;
- min_002_005 — Maximum loss for orders with volumes from 0.02 to 0.05 lots;
- min_005_01 — Maximum loss for orders with volumes from 0.05 to 0.1 lots;
- min_01_03 — Maximum loss for orders with volumes from 0.1 to 0.3 lots;
- min_03_05 — Maximum loss for orders with volumes from 0.3 to 0.5 lots;
- min_05_1 — Maximum loss for orders with volumes from 0.5 to 1 lot;
- min_from1 — Maximum loss for orders greater than 1 lot;
So, there you have it! The Zakryvator is a powerful tool in your trading arsenal, helping you manage risk effectively while you focus on making those winning trades. If you haven’t given it a shot yet, now might be the perfect time to see what it can do for your trading strategy!
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