Drawdown plugin
Overview
The Drawdown Plugin for MetaTrader 5 is a risk management tool designed to prevent significant losses. It automatically closes all orders on a trader's account when the account's equity, margin level, or balance falls to a specified critical level. The Drawdown Plugin is particularly useful for brokers who want to: Avoid risks associated with: Bonus Account Stopout Client losses Set different drawdown levels: For certain groups or accounts As a percentage or a specific amount
The Drawdown Limit plugin for MetaTrader 5 is a risk management tool designed to enforce equity thresholds on trading accounts. When the account equity reaches the predefined limit, the plugin automatically liquidates all open positions and halts further trading activity. This mechanism serves to safeguard the account from substantial equity erosion or unchecked equity accumulation, ensuring that trading activities remain within specified financial boundaries.