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  • #13,481
  • Jan 14, 2023 8:00am Jan 14, 2023 8:00am
Quoting OutThere
{quote} Maybe this? https://www.forexfactory.com/thread/...0#post11899320
Thanks...
  • #13,482
  • Jan 14, 2023 1:44pm Jan 14, 2023 1:44pm
Quoting zozon99
Can someone suggest a free "Equity Guardian EA" for MT4, to protect my account from unexpected drawdowns? The other day I lost my MFF account because of that...
I use this:

https://www.mql5.com/en/market/produ...Profile+Seller

also has ability to shut down the platform until next day when risk settings have been violated

There is also an MT4 version

For extra risk management, I use a VPS and add the EA to the platform on the VPS and give the password to a friend who will only give me the password 12 hours after I ask for it (But I don't use the platform shutdown function because of this)
Plan your trade, trade your plan
  • #13,483
  • Jan 14, 2023 10:14pm Jan 14, 2023 10:14pm
Quoting zozon99
{quote} I need some much simpler EA, which closes all open trades, if the equity drawdown exceeds 4%, out of the allowed 5%... Thanks anyway
search Master Exit Plan v3...
I used this to close at a certain gain point,
but I think it can be used as you wish, if you set for -4%.
  • #13,484
  • Jan 15, 2023 4:15am Jan 15, 2023 4:15am
Thanks everyone, I found this one on soehoe, I'll try it next week, I hope it will suit my needs...
Attached Image (click to enlarge)
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  • #13,485
  • Jan 15, 2023 7:34am Jan 15, 2023 7:34am
Quoting zozon99
Thanks everyone, I found this one on soehoe, I'll try it next week, I hope it will suit my needs... {image}
Hi bro
This looks good - do you mind posting the download link for this EA? The one on FF has apparently expired
  • #13,486
  • Jan 15, 2023 8:50am Jan 15, 2023 8:50am
Quoting Bizziebee
{quote} Hi bro This looks good - do you mind posting the download link for this EA? The one on FF has apparently expired

https://soehoe.id/attachments/argogu...-2-ex4.139882/

I think you have to be a member of the forum to download it...
  • #13,487
  • Jan 15, 2023 11:28am Jan 15, 2023 11:28am
There's a free one in the marketplace that I use.

Attached Image (click to enlarge)
Click to Enlarge Name: Cap EG.png Size: 34 KB
Trade with confidence, trade without fear.
  • #13,488
  • Jan 15, 2023 10:58pm Jan 15, 2023 10:58pm
Quoting Nsak3y
{quote}-Thanks. How long have you been trading?
12 years
  • #13,489
  • Jan 16, 2023 12:48am Jan 16, 2023 12:48am
I cannot believe that.
  • #13,490
  • Jan 16, 2023 12:14pm Jan 16, 2023 12:14pm
any news about this program? I can't find yet on website

the funded trader KNIGHT
Attached Image (click to enlarge)
Click to Enlarge Name: One-Step-Knights-Challenge.jpg Size: 27 KB
in holiday till end of November
  • #13,491
  • Jan 16, 2023 2:28pm Jan 16, 2023 2:28pm
Quoting forexbali
any news about this program? I can't find yet on website the funded trader KNIGHT {image}

It looks the same as the rapid model of myforexfunds. Evaluation with no time limit looks interesting to me at the moment. I don't know if there are better options for evaluation with no time limit.
  • #13,492
  • Jan 16, 2023 4:31pm Jan 16, 2023 4:31pm
Quoting olvus
Finotive Funding removed time limits
Are these guys any good? Has anyone traded with them?
  • #13,493
  • Jan 17, 2023 4:46am Jan 17, 2023 4:46am
Quoting EnoFX
{quote} Are these guys any good? Has anyone traded with them?
I did and they pay. However they have very strict rules so I think it's not worth to stablish a long term relation with them.

Check here those rules. Besides these they don't allow more than 3 positions per pair.

And if you blow up the funded account in the next funded account you're limited to 25% payout until you pay back the previous loss.

Nevertheless, Finotive was the prop where I got the fastest payout ever. I requested it in the morning and after lunch I had the money in Deel.
  • #13,494
  • Jan 17, 2023 3:41pm Jan 17, 2023 3:41pm
Anyone else heard of these people?

Apparently they refund you after successful completion of Phase 1 which is good if they are legit

Inserted Video
  • #13,495
  • Edited 4:28pm Jan 17, 2023 4:08pm | Edited 4:28pm
Quoting Bizziebee
Anyone else heard of these people? Apparently they refund you after successful completion of Phase 1 which is good if they are legit https://youtu.be/MQXYyidPqiI
Many thanks for sharing. Sounds interesting (I think that they are the first to propose something like that)
  • #13,496
  • Jan 17, 2023 4:59pm Jan 17, 2023 4:59pm
Quoting Capablanca
{quote} I did and they pay. However they have very strict rules so I think it's not worth to stablish a long term relation with them. Check here those rules. Besides these they don't allow more than 3 positions per pair. And if you blow up the funded account in the next funded account you're limited to 25% payout until you pay back the previous loss. Nevertheless, Finotive was the prop where I got...
Seems like they have a lot of rules to keep track of, not to mention their scaling is quite silly by forbidding you from withdrawing profits.
  • #13,497
  • Jan 17, 2023 5:47pm Jan 17, 2023 5:47pm
Quoting EnoFX
{quote} Seems like they have a lot of rules to keep track of, not to mention their scaling is quite silly by forbidding you from withdrawing profits.
Yes, I always stay WAY clear of the "'leave your profits in to scale" firms.....I can do that on my own. If a firm isn't providing me a value of 15-20x max loss vs. the fee I pay, it's not worth the time and effort to take their challenge. There are several firms, mentioned over and over, used by many in this thread with very clear and simple rules (make x%, don't lose X %, 30,45,60 days to do it), giving 20-24 times max loss vs. your fee and refunding your fee. Scale 25-30% every 3-4 months WITHOUT restrictions on withdrawing profit.They all pay bi-weekly, some with VIP perks that pay whenever you wish.
  • #13,498
  • Jan 17, 2023 11:24pm Jan 17, 2023 11:24pm
Quoting Bizziebee
Anyone else heard of these people? Apparently they refund you after successful completion of Phase 1 which is good if they are legit https://youtu.be/MQXYyidPqiI
$99 for a 15K evaluation is the best price in the industry.

Ok guinea pigs, do your thing and let us know how it goes. Thanks!
Pride always comes before destruction.... -Proverbs 16:18
  • #13,499
  • Jan 18, 2023 6:16am Jan 18, 2023 6:16am
Quoting olvus
Who trading with Finotive? Is this firm legit?
They are SCAM! They will not pay you if you are in profit. Forget them
  • #13,500
  • Jan 18, 2023 8:09am Jan 18, 2023 8:09am
Quoting Expo33
{quote} $99 for a 15K evaluation is the best price in the industry. Ok guinea pigs, do your thing and let us know how it goes. Thanks!
I may be guines pig for the $99 - worth trying I suppose.
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