Market GAPS Your Stop Loss ... NOW WHAT???

[davidmcc]

The EA I've created works flawlessly and is super profitable. Now I'm focused on fail-proofing it when rare occurrences like a price gap may occur that could jump my stop loss.

I was thinking of doing something like checking unrealized profit or loss once per minute and setting a solid monetary value to check for, but the problem with that is I am using the EA to trade and copy trades to multiple accounts with different balances. Therefore, I can not set a solid monetary value like, "check for $2,000 or great in loss, then close positions."

Does anyone know of a way I can check for losses by % of balance or equity? That would be ideal. Or has anyone created this type of fail-safe before?

Thanks

[ambrogio]

@davidmcc Nothing to do in case of gap, the operations are executed at the first available tick. The only thing you could do is find a broker that has guaranteed stop losses.

[biztet]

Hmm... How can it be super profitable if there still have a possibility to lose $2000?
Or maybe the start up capital is like $50k or $100k i guess.