Example F2: Permanent disabling of trading due to bad performance
This is not a ready-to-use trading strategy. A trading strategy requires adjustment to the timeframe and symbol, along with thorough backtesting. The example is intended as a foundation for your own custom strategy and to help you get familiar with the Expert Advisor Builder web application. To import and use an example, please follow the instructions provided here.
Description
This example implements permanent trading suspension based on overall performance. If total account performance drops below the -2% threshold, trading stops completely without automatic reactivation. This ultimate protection prevents complete account destruction during strategy failure.
The inspector panel continuously displays overall performance metrics, warning traders as they approach the permanent suspension threshold. This transparency allows intervention before automatic shutdown occurs. Manual reset remains possible but requires deliberate action.
Permanent suspension represents the final safety net, acknowledging that strategies can fail completely. This humble approach accepts that not all strategies work forever, protecting capital when fundamental strategy assumptions break down.
Recreate the Example
You can either import this example directly or set it up manually. To manually replicate the trading module, make sure a newly added module includes the following key settings and that the professional mode is activated:
Trade Basics
- Operation type = Long
- One trade mode = Off
Signal Generation - Indicators - STD
- Signal in use = On
- Signal used for = Forward
- Selected indicator = STD
- Draw in chart = Off
- Forward adjustment = 3.50
Signal Generation - Indicators - SMA
- Signal in use = On
- Signal used for = Entry
- Selected indicator = SMA
- Draw in chart = On
- Drawing slot = 1
Signal Generation - Indicators - EMA
- Signal in use = On
- Signal used for = Entry
- Selected indicator = EMA
- Draw in chart = On
- Drawing slot = 2
Signal Generation - Indicator Combinations (SMA & EMA)
- Signal in use = On
- Signal used for = Entry
- Input indicator 1 = SMA
- Input indicator 2 = EMA
- Value relation = Value x cross value x
Initial Stop Loss
- Selection = Indicator
- Used indicator = STD
Initial Take Profit
- Selection = Risk ratio
- Risk ratio = 1.40
Volume Calculation
- Volume calculation method = Fix lots
- Fix lots = 0.10
Monitoring
- Draw inspector panel = On
- Overall performance: Relative lower limit = 2.00
Screenshots
