EquityProtect has hidden stop loss, take profit, or trailing stop levels that are set based on the funds in the account. You can close all orders for all symbols, or choose to close orders with a specific currency and / or delete only Buy, Sell, or pending orders. EquityProtect closes all or selected orders if the funds in the account become less or more than a certain level. In addition, EquityProtect can use the funds in the account as a trailing stop. The comment on the chart shows the level of funds that the robot reacts to.

EquityProtect is suitable for strategies where there are multiple open orders, even if they are open for different currencies or CFDs.

When using the default settings, all open and pending orders will be closed if the funds in the account are less than specified in the MinEquity parameter .

If the MinEquity parameter is set to 0, EquityProtect is disabled only if the MaxEquity or StartTrailEquity parameters are not set higher than 0.

Note: in all settings for funds on the account, you must specify integers.

EquityProtect works on any chart.

• MinEquity – if the funds on the account are less than the value specified here, the orders are closed.
• MaxEquity – if the funds on the account reach the value specified here, the orders are closed.
• StartTrailEquity – start of trailing when the account’s funds reach the MinEquity value.
• DistTrailEquity-when the StartTrailEquity value is reached, trailing MinEquity=StartTrailEquity – DistTrailEquity.
• MinutesOffAfterClose – if the value is greater than 0, after closing positions, EquityProtect is disabled for the specified number of minutes.

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When the funds in the account increase by $ 1 (or in any other currency), the MinEquity trailing also increases by $1.

You can use MinEquity, MaxEquity, and StartTrailEquity together.

• CloseAllSymbols – all symbols are closed if the funds in the account become less or more than the specified value.

If set to false, orders with the currency in which EquityProtect was set are closed.

• CloseBuys-closing Buy orders. If set to false, only Sell orders are closed.
• CloseSells-closing Sell orders. If set to false, only Buy orders are closed.
• DeletePending-pending Buy and Sell orders are deleted depending on the CloseAllSymbols parameter.
• ShowComment-the comment on the chart shows the amount of funds.

If you have configured the StartTrailEquity parameter, but its value has not yet been reached, and MinEquity is set to 0, the comment will display: OrderClose Equity < 0

When the StartTrailEquity value is reached, the MinEquity will be shown in the comment.

Equity Protect has hidden stop loss, take profit, or trailing stop levels that are set based on the funds in the account.

Equity Protect closes all or selected orders if the funds in the account become less or more than a certain level. In addition, Equity Protect can use the funds in the account as a trailing stop. EquityProtect is suitable for strategies where there are several open orders, even if they are open for different currencies.

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