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Attachments: Equity Guardian EA
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Equity Guardian EA

  • #241
  • Mar 30, 2023 3:41am Mar 30, 2023 3:41am
All

I made somewhat an alternative to equity guardian. It works but not as good as Equity Guardian

Good enough as a temporary replacement and guess what I made it through Chat GPT hahahaha

Expiry April 30 2023

Let me know what you think.
Attached File(s)
File Type: ex4 Protect Equity.ex4   9 KB | 704 downloads
  • #242
  • Apr 27, 2023 4:49am Apr 27, 2023 4:49am
Hey is it possible to get new one for exipiry date end of 2023?
  • #243
  • May 4, 2023 5:47am May 4, 2023 5:47am
Quoting Crispypata
All I made somewhat an alternative to equity guardian. It works but not as good as Equity Guardian Good enough as a temporary replacement and guess what I made it through Chat GPT hahahaha Expiry April 30 2023 Let me know what you think. {file}
too bad it is already expired, not able to test it. and share my feedback.
  • #244
  • Jun 19, 2023 5:55pm Jun 19, 2023 5:55pm
Any update if this the expiry was extended?
  • #245
  • Aug 3, 2023 4:12pm Aug 3, 2023 4:12pm
are there any EAs available like this that consider realized PnL
  • #246
  • Aug 16, 2023 2:26am Aug 16, 2023 2:26am
I might have suitable one. Not fully free but not expensive either Check for the "PropAngel" in MQL5 MarketPlace.
https://www.mql5.com/en/market/product/96948
  • #247
  • Edited 7:26am Aug 20, 2023 2:57am | Edited 7:26am
Quoting jwhite8359
Was hoping the author would return to update this but as he hasn’t logged on for a year it seems unlikely. I paid to have the expiry date removed by a programmer but won’t share here as it would be unfair on the author. If he returns I’ll pay his subscription fee but needed it in my every day trading.
dear @jwhite8359,
maybe you could help me provide the contact of this guy.
please send me the contact through my emal : { email address deleted by staff }
thank you in advance.
  • #248
  • Edited Oct 4, 2023 2:52am Oct 3, 2023 12:13pm | Edited Oct 4, 2023 2:52am
Quoting GeldBaum
Potrei averne uno adatto. Non completamente gratuito ma nemmeno costoso. Cerca "PropAngel" in MQL5 MarketPlace. https://www.mql5.com/en/market/product/96948
Hi, sorry my English I use translators.
I have an EA (with magic number) that manages TP and SL in pips and when it closes all the trades it has opened it stops.
Instead, I would like it to be removed from the chart and put back on every time there are no more operations on the chart.
And I would like to manage SL in the currency with your EA by disabling the SL of mine.
your prop EA already does almost everything with amounts on a daily basis and for all EAs in the account, you can add options so it can always work and only stop my EA (not all MT4 EAs) if Does the sum of the day's trades exceed a certain loss amount of my EA?
  • #249
  • Feb 12, 2024 11:47am Feb 12, 2024 11:47am
As Equity Guard is not coming back, try this fairly new FREE equity protector from MeetAlgo.com. Available for MT4 & MT5. You have to register but the download is readily available. https://meetalgo.com/product/equity-guard-ea/
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB
  • #250
  • Feb 15, 2024 4:09pm Feb 15, 2024 4:09pm
Hello everyone! newby here and cannot create threats.. but I wanted to ask if any of you guys know of an EA/utility tool (or any external software?) that not only closes all trades when the max daily drawdown is hit, but also closes and blocks MT4/MT5 until the next day? (that way it's impossible to revenge trade)... This sounds like to much to ask, but I bet someone has already thought about this and am just curious to see if there's a tool out there that does this.

thanks all for your guidance! have a safe trading day!
  • #251
  • Mar 21, 2024 2:40am Mar 21, 2024 2:40am
Quoting PaulDV
Equity Guardian EA This little EA is designed to protect your account from unexpected drawdowns and/or lock in profits. Note: It does NOT place orders. It does NOT amend existing orders. It can be used alongside any other EA or manual strategy that you care to use. Features Monitors EQUITY, not simply floating profit/loss. Can monitor all trades, trades submitted by any EA or trades submitted by a specific EA. Closes all monitored trades if equity falls below a specified loss limit (expressed in either an amount or a percentage of the opening balance)...
Hi
I have just come across this and it is brilliant for my purposes.
I have just one request, could there be an additional setting which allows the EA to turn Auto-trading back on at a time we choose?
You see, I would like my Grid EA to start trading again the next day without me having to wake uo at 00:30 to do it.
I wonder if this may not be possible since this EA will be turned off when it turned Auto-trading off!
Thank you so much for any help you can give.
  • #252
  • Mar 27, 2024 3:16am Mar 27, 2024 3:16am
Quoting JohnnyF60
As Equity Guard is not coming back, try this fairly new FREE equity protector from MeetAlgo.com. Available for MT4 & MT5. You have to register but the download is readily available. https://meetalgo.com/product/equity-guard-ea/ {image}
Hi JohnnyF60
Thank you so much for this link - it's a great EA.
I am having trouble with the "Remove External Eas Template name" - does that mean the template I loaded onto the chart or the name of the EA?
What I want it to do is remove the chart template for the rest of the day and reload it aftermidnight. Is that possible pleasse, and if so, how?

Thanks again for the link!
  • #253
  • Jun 11, 2024 7:04pm Jun 11, 2024 7:04pm
Hello, I am interested in the full version of Equity Guardian EA
  • #254
  • Sep 29, 2025 8:58am Sep 29, 2025 8:58am
Version 1.15 has been uploaded - no expiry.
"Pips are vanity. Profit is sanity."
  • #255
  • Oct 30, 2025 9:26pm Oct 30, 2025 9:26pm
appreciate the EA can allow us to set the time to open and time to close paremeter.
  • #256
  • Dec 16, 2025 3:24pm Dec 16, 2025 3:24pm
Quoting PaulDV
Version 1.15 has been uploaded - no expiry.
Very thanks
  • #257
  • Dec 29, 2025 12:31pm Dec 29, 2025 12:31pm
Quoting PaulDV
Version 1.15 has been uploaded - no expiry.
Can you make this ea uninteruptable by adding new option.After closing the trades ea will go on with new starting equity level
  • #258
  • Dec 30, 2025 10:52pm Dec 30, 2025 10:52pm
Hello everybody, I am new here. I am Victor. I am using a trading EA in MT4. I do not do manual trades. I have been looking for an EA that handles stop losses and trialing losses, hence I stumbled upon Equity Guardian EA after a bit of searching.

I just installed Equity Guardian EA v1.15 (EG) yesterday.

I was very impressed with the fact that EG correctly triggered with both stop loss and trailing stop with closure of trades just after the two initial testing. But after those two instances, on subsequent trading sessions testing, (I removed all the charts and reattach EG on new charts for each new testing), the EG doesn't trigger again with either stop loss or trailing stop. Why? It has to be some mistakes I made but I could not figure out what it could be. Please, what is the commonest cause of the problem I am reporting? Has anyone experience the same problem before? Thank you so much in advance.
  • #259
  • Jan 3, 2026 12:56am Jan 3, 2026 12:56am
As a continuation of the post I made earlier, as I attached the Equity Guardian EA on to a chart, I noticed the "Current profit" followed by a figure that was always "0.00 USD (0.00%)". It did not change at all despite the equity and balance (displayed in mt4) were most of the time changing.
Is this a problem? Did I forget to set something?
Thank you.
  • #260
  • Last Post: Jan 30, 2026 3:38pm Jan 30, 2026 3:38pm
Hi there, I'm looking for an EA that automatically sets a stop loss for each open position. I have an Expert Advisor that opens a trade but doesn't set a stop loss, so I'd like one that automatically sets a set stop loss for each newly opened position.
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