Equity Guard is designed for all brave Forex traders who have lost a lot of money, but do not think to give up. Equity Guard is not just a “trading adviser”, but a dual-use trading tool.

You can use it to control multiple Expert Advisors / magic numbers working on the same account. Thus, you can immediately get profit/loss statistics for each magic number and at the same time take advantage of the drawdown warning and, subsequently, the automatic closing functions.

• The Expert Advisor can be used on 2 charts simultaneously: on one chart with the “HistoryMode” mode enabled, and on the other chart with the “HistoryMode” mode disabled.
• When running the Expert Advisor with the “HistoryMode” mode turned off, Equity Guard can only track open positions.
• When running the Expert Advisor with the “HistoryMode” mode enabled, Equity Guard can only track closed positions (based on the historical period set on your platform). In this mode, with the appropriate settings, the Expert Advisor can warn about a high drawdown and close open positions (if the drawdown goes beyond the set values).

With Equity Guard, you can:

1) ALWAYS monitor open floating positions (both Expert Advisor positions and manually set positions).

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2) ANALYZE both “automatic” and “manual” trading.

3) Have a “KEEPER” who, when setting the maximum allowable loss, will protect your account in two ways:

• warning: if the drawdown exceeds the value you set
• closing all positions: if the drawdown exceeds the value you set

WARNING: Please note that incorrect EA settings may cause some or ALL open positions to be accidentally closed. Take this seriously. Use it at your own risk.

ATTENTION: in the “HistoryMode” mode, all properties regarding the control of drawdown/closing of transactions are DISABLED. If desired, you can place the Expert Advisor on two charts at once and use it with the value true in the “HistoryMode” mode on one M1 chart and with the value false on the other M1 chart.

NOTE: with the correct email settings on your MetaTrader platform (menuService/Settings) any alert of the Expert Advisor will also be sent to your e-mail.

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