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This Expert Advisor constantly monitors the status of your trading account to prevent costly drawdowns and/or comply with trading rules. If a certain set of rules is violated, the ADVISER will issue a warning, close all transactions and in some cases delete all pending orders. If desired, he can also close all charts to remove all the advisors working in the account. This Expert Advisor is especially useful for support trading tasks, such as the FTMO test or the PZ test.

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The following functions are implemented and can be enabled or disabled at will:

• Maximum capital loss, also known as sliding capital drawdown
• Maximum daily loss on funds
• Target return on capital
• Trailing stop on capital

Other advantages:

• Dead easy to use
• Useful for trading firms and traders
• Implements alerts of all kinds
• Reports to the terminal

Technical information:

• He independently calculates the maximum equity and daily equity.
• It executes each tick and displays the information on the chart.
• It keeps track of all transactions and magic numbers on the account
• It can be used with the investor’s password, it will monitor and warn about violations.

• Load the Expert Advisor once on one chart
• Do not load the Expert Advisor on another chart
• Customize your events and settings
• Leave the EA alone and never close this chart

• Watermark: You can manually set the balance to be used as a watermark. A zero value means that the Expert Advisor calculates it automatically.
• Target profit: Target return on equity for the account, expressed as a percentage. A zero value disables this function.
• Maximum loss: the maximum possible loss of funds in the account, expressed as a percentage. A zero value disables this function.
• Maximum daily loss: The maximum daily loss possible for an account, expressed as a percentage. A zero value disables this function.
• Trailing stop by capital: trailing stop for the profit of the account, expressed as a percentage. A zero value disables this function.
• GMT is the time to store the daily balance: At this time, the EA will save the daily balance every 24 hours.
• Stop EAs on Max Loss: Select ias, automatic trading should be stopped when the maximum loss is reached.
• Stop Expert Advisors at the maximum daily loss: Choose whether to stop automatic trading when the maximum daily loss is reached.
• Stop EAs on Profit Target: Select whether to stop automatic trading when the profit target is reached.
• Stop EAs on Equity Trailing Stop: Select whether to stop automatic trading when performing a trailing stop.
• Alert Name: Configurable alert name for alert messages.
• Display warnings: Enable or disable visual warnings.
• Email Alerts: Enable or disable email alerts.
• Push Notifications: Enable or disable push notifications.
• Audio file: The name of the audio file to play with visual warnings.
• Label color: The color of text objects on the screen.
• Slippage: Maximum slippage in points for closing trades.

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

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