Would anyone please help me out and please show me how to place a stop loss on an ea that closes all open positions when account equity falls to a specified percentage of total account balance??

Help is much appreciated...

Print("Account equity = ",AccountEquity());

You will need to have somebody create an if statement using the above statement (modified), and incorporate it into the program attached. Then you would have a program that if(AccountEquity() < 50.00 - Example) it proceeds to close all the positions. If it is above 50.00, the program stops the logic flow to the below attached program to close everything. If you are running the 4 major currencies, this ea would have to run on a 5th graph. I am not a programmer, but with some help by another programmer like codeguru, you may achieve the program you desire. Because I shared this with you, I would like to ask that you share the finished program with me, and possibly others on this forum. Good luck on the program modification.

Attached Files

Close all open positions.mq4 (1.2 KB, 34 views)

Somebody please help,

I'm trying to put this type of stop loss on this ea....

Attached Files

Multi_Lot_Scalper_P_D1_JLY4.mq4 (12.4 KB, 29 views)

If your program is sound, in reference to being a money maker, then I would invest some money (probably less than $100), and have a professional programmer do the programming for you. Time is money, and getting it done right the first time is worth the investment. I would only recommend one person to do what you want to do, and he can be contacted at Forex-Experts.com. His name is Yaroslav Gatalyak. He is a first class programmer in MQL4. Tell him Reverend Dave from Houston referred you to him.