Account Protector is a risk management expert advisor for MetaTrader 4 and 5 designed to monitor account health and prevent excessive drawdowns. It allows users to set specific triggers based on floating profit or loss, equity levels, free margin, spread, or daily performance. When these conditions are met, the EA auto
Risk & protection · MT5
ICCapitals Secure
ICCapitals Secure is a risk management utility for MetaTrader 5.
GitHub stars3
Forks1
Last update4 years ago12 Apr 2022
LicenceNone stated
Overview
ICCapitals Secure acts as a supervisor to monitor and enforce trading parameters across an account. The expert advisor calculates position sizing based on a user-defined risk percentage per trade and manages risk-to-reward ratios. It features a timer-driven function to check for end-of-day conditions and integrates with an external SQLite database to track risk data for specific strategies. The repository documentation is minimal, focusing on the underlying risk management framework.
- Percentage-based risk management per trade
- Configurable risk-to-reward ratio settings
- Automated end-of-day equity monitoring
- SQLite database integration for risk tracking
Details
Author
ICCapitals on GitHub
Type
Risk & protection
Platform
MetaTrader 5 (MQL5)
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA files
Topics
scriptsmql5sqliterisk-managementexpert-advisorexpert-advisorsindicadoresindicatorsrobos
Input parameters
Read from Secure.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
RiskPercentage | double | 0.1 | Risk Percentage per Trade |
AcBalance | double | 15482 | |
FxBalance | bool | true | |
LossRatio | double | 0.5 | Loss Ratio |
Expert | string | Secure | Expert Name, Used to Acess the Database and Risk |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone ICCapitals/ICCapitals from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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