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    Money Management 1% Loss per Trading Day

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    • H
      heidifoley last edited by heidifoley

      Hi everyone,
      I am new to fXDreema and want to build money management settings into my Robots. I want to get my account balance before every trade and make sure I haven’t lost more than 1% in any given day if my account balance goes below 1% I want the Robot to stop trading for a day and start again when restarting the Robot the next day. This is what I have come up with so far. Can anyone give me any advice whether this Robot would achieve the above goals. Thanking in advance
      Heidi

      https://fxdreema.com/shared/cZsPsRYjd

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      • jstap
        jstap last edited by

        You can do it this way: https://fxdreema.com/shared/2Iiy5d95e You may be better to use equity.

        Learn fxDreema Without the Wait!

        My comprehensive book, available on Amazon, is packed with examples and invaluable insights to help you fast-track your learning journey.

        The paperback and hardback editions include MT4 & MT5 QR codes for easy access to all prebuilt projects and robots, including my latest gold trading robot!

        Don’t miss out

        Click here➡️ https://mybook.to/fxDreema to get your copy today!

        Enjoy! 😊

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        • H
          heidifoley last edited by

          HI jstap,
          Thank you so much for all your input. I think you are right I think I want to use Equity instead of account balance it’s nice to have a community like this where questions get answered so quickly. Thank you again have a great week.
          Heidi

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          • jstap
            jstap last edited by

            You are welcome

            Learn fxDreema Without the Wait!

            My comprehensive book, available on Amazon, is packed with examples and invaluable insights to help you fast-track your learning journey.

            The paperback and hardback editions include MT4 & MT5 QR codes for easy access to all prebuilt projects and robots, including my latest gold trading robot!

            Don’t miss out

            Click here➡️ https://mybook.to/fxDreema to get your copy today!

            Enjoy! 😊

            1 Reply Last reply Reply Quote 0
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