Discover the power of KT Equity Protector EA, a robust tool that consistently monitors your account equity. This expert advisor takes charge by closing all market and pending orders when your account equity hits a predetermined fixed stop loss or profit target. After efficiently closing all trading positions, KT Equity Protector EA goes the extra mile by closing all open charts, preventing other expert advisors from initiating additional trading positions.
Equity Stop-Loss:
In a scenario where your current account balance stands at $5000, and you’ve set an equity stop loss at $500, KT Equity Protector ensures action. It automatically closes all active and pending orders when the account equity reaches or falls below $4500.
Equity Profit Target:
With a current account balance of $5000 and an equity profit target set at $1000, KT Equity Protector acts decisively. It closes all active and pending orders when the account equity hits or exceeds $6000.
Equity Calculation Mode:
Relative Mode:
Calculates profit/loss based on the initial account balance. For instance, with a $5000 account balance and a set stop loss/profit target at $500, the EA halts trading at $4500 or $5500.
Absolute Mode:
Computes profit/loss using exact floating equity. For instance, with a $5000 account balance and a set stop loss at $4600 and profit target at $5600, the EA ceases trading at $4600 or $5600.
Input Parameters:
- Equity Calculation Mode: Choose between Relative or Absolute.
- Profit Target in Account Currency: Define your profit target.
- Stop Loss in Account Currency: Set your stop loss.
- Close All Positions: Opt to close all existing positions.
- Remove All EAs: Close all charts, preventing other expert advisors from initiating trades.
Take control of your trading strategy with KT Equity Protector EA and enjoy the flexibility of customizable input parameters tailored to your unique preferences.
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