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Number of messages : 45
Points : 1499
Date of Entry : 2016-05-08
Year : 41
Residence Country : India

ma1 Zakryvator Expert Advisor for VertexFX patform

on Tue Oct 11, 2016 7:36 am
The Zakryvator Expert Advisor is a powerful VertexFX client-side script that provides risk-management mechanism for losing trades.

It tracks open positions for the current symbol and whenever the net loss of each trade reaches a specified amount it closes that open positions. Profitable trades are not tracked by this Expert Advisor.

The idea behind this Expert Advisor is to provide the user with a risk management tool to reduce risk and avoid huge losses. It can be used with manual trading, or in conjunction with other Expert Advisors.

It should be noted that this EA does not open new positions, nor does it manage stop-loss, take-profit target, or employ trailing or breakeven stop.

For example, if  capital M I N_002_005 is configured to $10, the Expert Advisor will close open positions with lot-sizes between 0.02 and 0.05 if their net loss is  $10 or more.

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