DD Stopper

DD Stopper

? DD Stopper for MT4 | Protect Your Account from Excess Drawdown

DD Stopper is a lightweight and powerful risk management utility for MetaTrader 4 that automatically closes all trades when your account drawdown reaches a defined amount in USD.

Protect your capital. Trade with discipline. Eliminate emotional decisions.

? What This Tool Does

DD Stopper continuously monitors your account and:

• Tracks real-time drawdown (Balance vs Equity or floating loss)
• Closes all open trades instantly when the limit is reached
• Deletes all pending orders (optional)
• Prevents further losses by keeping the account flat (optional)

This tool acts as your last line of defense against unexpected losses.

⚙️ Key Features

✔ Set maximum drawdown in USD
✔ Works with Balance-Equity or Floating Loss calculation
✔ Closes ALL trades across the account
✔ Optional: manage only specific symbol or Magic Number
✔ Deletes pending orders automatically
✔ Retry logic for reliable execution
✔ Alert notification when triggered
✔ Lock mode to prevent new trades after stop

? How Drawdown Is Calculated

Choose between two methods:

1. Balance - Equity (Recommended)
Drawdown = Account Balance − Account Equity

2. Floating Loss Only
Calculates total loss from open positions

? Why You Need This

• Protect funded accounts / prop firm rules
• Prevent account wipeouts
• Control maximum daily or total risk
• Avoid emotional overtrading
• Essential for EA users

⚙️ Recommended Settings

For full account protection:

• MaxDD_USD = 100 (example)
• UseBalanceEquityDD = true
• IncludePendingOrders = true
• OnlyCurrentSymbol = false
• MagicNumberFilter = -1
• LockAfterTrigger = true

⚠️ Important Notes

• MT4 does NOT allow disabling the AutoTrading button programmatically
• This EA closes trades but cannot stop other EAs from opening new ones
• Use “LockAfterTrigger” to continuously close new trades if needed
• For best results, remove or pause trading EAs after trigger