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    Close On Equity*

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    • Morpheus_0
      Morpheus_0 last edited by Morpheus_0

      Hi All,

      I'm trying to use the Equity Drawdown to close trades but it doesn't seem to be working.....

      I'm using an example posted by @roar a while ago...>>
      https://fxdreema.com/shared/7i5Qzlnoc

      2 Blocks On Init.
      3 On Tick.

      TIA*

      roar 1 Reply Last reply Reply Quote 0
      • roar
        roar @Morpheus_0 last edited by

        @Morpheus_0 do you want to close at 90% drawdown or 10% drawdown?

        Need small help? Tag me in your post
        Need big help? https://www.fiverr.com/big_algo/automate-your-winning-strategy-in-mql4-or-mql5

        Morpheus_0 1 Reply Last reply Reply Quote 0
        • Morpheus_0
          Morpheus_0 @roar last edited by Morpheus_0

          @roar - Hi Roar. 10% of current balance.....

          Should work in Strategy Tester yeh....?

          roar 1 Reply Last reply Reply Quote 0
          • roar
            roar @Morpheus_0 last edited by

            @Morpheus_0 if you want to close at 10% drawdown, the condition is this: equity < 0.90*balance

            So you need 90% in the adjust field

            Need small help? Tag me in your post
            Need big help? https://www.fiverr.com/big_algo/automate-your-winning-strategy-in-mql4-or-mql5

            Morpheus_0 2 Replies Last reply Reply Quote 0
            • Morpheus_0
              Morpheus_0 @roar last edited by

              @roar - Thanks Roar. I will test this and see how I go....:)

              1 Reply Last reply Reply Quote 0
              • Morpheus_0
                Morpheus_0 @roar last edited by

                @roar - Seems to be working now. Many thanks*

                1 Reply Last reply Reply Quote 1
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