Hello Traders!
I use the ATM Strategy tool for all trades. Each trade has a stop of -10 ticks, which is the maximum risk that I am willing to concede a trade. My defined maximum daily loss is -20 ticks. Now I look for a script that closes the current trade me if my maximum daily loss is triggered from -20 ticks. So no matter whether this then displays just +9 ticks or -5 ticks. With a cumulative daily balance of -20 ticks is automatically closing.
Perfect would be if it is no longer possible, a new trade to open at all. Or alternatively, a warning message: "You have lost your money today, come back tomorrow :-)!"
Here my system time clock is from 00:00 to 23:59 clock than a day. As soon as a new day begins, I can reopen an order via ATM Strategy.
Experienced me would write such a script? I thank you in advance for your efforts! I think, to use this script - to protect the trading account - is a perfect tool for many traders.
Best regards,
Rainbowtrader
I use the ATM Strategy tool for all trades. Each trade has a stop of -10 ticks, which is the maximum risk that I am willing to concede a trade. My defined maximum daily loss is -20 ticks. Now I look for a script that closes the current trade me if my maximum daily loss is triggered from -20 ticks. So no matter whether this then displays just +9 ticks or -5 ticks. With a cumulative daily balance of -20 ticks is automatically closing.
Perfect would be if it is no longer possible, a new trade to open at all. Or alternatively, a warning message: "You have lost your money today, come back tomorrow :-)!"
Here my system time clock is from 00:00 to 23:59 clock than a day. As soon as a new day begins, I can reopen an order via ATM Strategy.
Experienced me would write such a script? I thank you in advance for your efforts! I think, to use this script - to protect the trading account - is a perfect tool for many traders.
Best regards,
Rainbowtrader
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