disability trading if the maximum daily draw down is reached
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Hello,
I'm sorry we lost the whole forum to this question surely there was already an answer.
I would like to set a daily maximum dd and make sure that once I reach my ea it stops working. I tried in several ways but I failed. thank you. -
@slydexx Check profit period of time, if < place new trades, if => close all trades, set up in seperate trees, allow above your normal buy/sell, close in separate tree.
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@jstap Thank you, you are always kind. I don't understand but do I have to do it via blocks or is it a programming string that I have to enter it manually? do you have an example?
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@slydexx Blocks, blue check profit above buy/sell, separate tree opposite check profit above close (if you want to close this way), if not working as expected add a shared link.
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@jstap I tried but I didn't get it right. I don't want to check the profits but the losses, every day if the sum of the losses reaches a total of 3% of the balance, you close trades and the next day it starts again as you told me once you have exceeded 3% the next day I don't will open no trade.
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@slydexx =< is a loss => is a win
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@jstap ok now i understand thanks.
so can it work?
I reasoned that if the loss is minor it opens trades otherwise it doesn't
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@slydexx Put your once per directly above buy/sell, put the check blocks under filters, in a row so only had to check before activating your buy sell tree.
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@jstap Ok thanks