The primary function of the Equity Sentry EA is to allow Forex traders set a "Hard Stop" level to protect the account from unexpected drawdowns. Also, it has other additional useful features like "Evergreen Profit Target" and "On Timer Actions." Equity Sentry EA is designed to monitor MT4 account 24/7 and perform specific operations and safety procedures when predefined conditions are met.
Equity Sentry EA is designed to monitor MT4 account 24/7 and perform specific operations and safety procedures when predefined conditions are met.
When market price declines to a particular level ESEA will close all open positions and disable all Expert Advisors even if you use a trading robot which opens new orders immediately after old ones get closed. ESEA will shut down other EAs before closing positions eliminating the chance of any new positions being opened.
Equity Sentry EA is probably the only app for MT4 to prevent other EAs from opening new trades after the Hard Stop is triggered.
With the ESEA you can keep the drawdown low and not worry that your manager or some Forex trading robot will blow your account.
Also, ESEA can monitor not only open positions (floating profit/loss) but also closed trades too. It means ESEA can detect series of closed losing trades automatically and take necessary security actions.
Account Equity falls below certain level
Account Balance falls below certain level
Account Equity falls below "Highest Balance Level" byX (%) percent
Account Equity drops below "Highest Equity Level" by X (%) percent
Open trades (floating loss) reaches certain level
Account Equity reaches above certain level
Account Balance reaches above certain level
Open trades (floating profit) reaches certain level
Closed trades + Open trades (floating profit) reaches certain level
Close open trades & delete pending orders.
Disable Autotrading on MT4 terminal, which makes all EA‘s to stop any operations and prevent them from opening, modifying or closing any trades on the account. ESEA disables Autotrading in a very simple manner by clicking the „Autotrading“ button programmatically in the top MT4 toolbar.
Close other charts together with any trading EAs to eliminate any chance of new trades being opened.
Close MT4 terminal entirely.
Send email alerts.
Send mobile notifications.
Close trades and delete pending orders
Disable Autotrading for all EAs
Close other chart windows together with any EAs
Close MT4 platform completely
ESEA can calculate floating profit/loss in pips, deposit currency or percentage.
ESEA can apply Magic Number and currency filters. It means you can set ESEA to manage only the trades of a particular currency pair and magic number.
ESEA can apply Trailing Stop and Break Even for each trade individually.
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