Fairness Defend Professional (Technical Guide)
1. Interface Introduction
2. Perform Description
1. Fairness Decrease Restrict
Fairness decrease restrict safety:
Safety is triggered when account fairness falls under the preset worth.
This operate is appropriate for all situations and is strongly really helpful to be configured in all instances.
2. Fairness Higher Restrict
Fairness higher restrict safety:
Why does this operate exist?
Some EAs are extraordinarily worthwhile. In sure instances, merchants use this operate to cease buying and selling after reaching a particular fairness stage to keep away from being focused by brokers.
3. Trailing Cease Proportion Restrict
Fairness trailing cease based mostly on proportion.
The cease stage repeatedly rises with account fairness fluctuations.
After the trailing cease is triggered, the setting is reset and the operate continues operating.
The way it works (instance from the screenshot):
This system data the most fairness since startup
Max Fairness: 8497.42After enabling this operate, the panel shows:
3. Trailing Cease (%) : 7137.83
Standing : 0.11%
Config : >16.0%
Which means of every worth:
Trailing Cease (%) : 7137.83
That is the fairness stage at which safety will probably be triggered.
Components:
MaxEquity × (1 − 16.0%) = 7137.83
This worth will increase mechanically as Max Fairness will increase.Standing : 0.11%
This represents the present drawdown proportion relative to Max Fairness.
Components:
1 − AccountEquity / MaxEquity
1 − 8488.14 / 8497.42 = 0.109%Its function is to point out how far the present drawdown is from the configured restrict.
4. Trailing Cease Quantity Restrict
Fairness trailing cease based mostly on mounted quantity.
The cease stage rises with fairness development.
After triggering, the setting is reset and continues operating.
Instance rationalization:
Which means:
Trailing Cease ($) : 8392.42
The fairness stage at which safety will probably be triggered.
Components:
MaxEquity − 105.00 = 8392.42
This worth rises mechanically with Max Fairness.Standing : 9.28
Present drawdown quantity relative to Max Fairness.
Components:
MaxEquity − AccountEquity
8497.42 − 8488.14 = 9.28This means how shut the present drawdown is to the configured restrict.
5. Loss Proportion Restrict
Account cease loss based mostly on proportion.
Components:
(Fairness − Steadiness) / Steadiness
(8488.14 − 8468.73) / 8468.73 = 0.229%
Safety is triggered when this worth is lower than the configured threshold.
5.1 Each day Loss Restrict (%)
Each day loss restrict based mostly on proportion.
Designed to restrict the utmost loss per buying and selling day.
When the loss exceeds the configured worth, safety is triggered.
After triggering, this system stops for the remainder of the day.
It mechanically resumes on the following buying and selling day.
As a result of this state of affairs often closes different EA charts, it ought to be used along with 12. Restore On a regular basis.
After enabling, the panel shows:
Each day Revenue : 19.41 (0.23%)
Components:
DailyHistoryProfit + AccountProfit
On this instance:
DailyHistoryProfit = 0
AccountProfit = 19.41
Observe:
6. Loss Quantity Restrict
Account cease loss based mostly on mounted quantity.
Components:
Fairness − Steadiness
8488.14 − 8468.73 = 19.41
Safety is triggered when this worth is lower than the configured threshold.
6.1 Each day Loss Restrict ($)
Consult with 5.1 Each day Loss Restrict (%).
7. Revenue Proportion Restrict
Account take-profit based mostly on proportion.
Components:
(Fairness − Steadiness) / Steadiness
(8488.14 − 8468.73) / 8468.73 = 0.229%
Safety is triggered when this worth is larger than the configured threshold.
7.1 Each day Revenue Restrict (%)
Consult with 5.1 Each day Loss Restrict (%).
8. Revenue Quantity Restrict
Account take-profit based mostly on mounted quantity.
Components:
Fairness − Steadiness
8488.14 − 8468.73 = 19.41
Safety is triggered when this worth is larger than the configured threshold.
8.1 Amassed Revenue Restrict
Amassed revenue safety.
Sometimes utilized in multi-strategy portfolio buying and selling.
Safety is triggered when complete gathered account revenue exceeds the configured worth.
8.2 Each day Revenue Restrict ($)
Consult with 5.1 Each day Loss Restrict (%).
9. On a regular basis Config
Each day scheduled liquidation to keep away from in a single day danger.
Normally used along with 12. Restore On a regular basis so EAs can resume the following day.
10. Friday Config
Friday scheduled liquidation to keep away from weekend danger.
11. Datetime Config
Liquidation at a specified date and time to keep away from particular dangers.
12. Restore On a regular basis Config
Each day chart (EA) restoration.
When no different charts are operating within the terminal, this system will mechanically restore the beforehand closed charts (EAs) on the specified time.
Image, timeframe, and parameters will probably be precisely the identical.
13. Distant Guide Safety
When you find yourself away and the market turns into extremely unstable, cell buying and selling might will let you shut positions however not cease operating EAs, inflicting steady losses.
After enabling this operate, merely putting any kind of pending order on the present image out of your cell phone will set off safety instantly.
3. Necessary Notes
Fairness Defend Professional is an account-level danger management EA.
It doesn’t place trades or predict the market.Every operate operates independently.
Solely when Allow = true will the operate run.
Even when Shut different charts is enabled, it is not going to execute if Allow = false .After safety is triggered, positions are closed by default.
Whether or not to shut different EAs is dependent upon person settings.This EA can solely shut buying and selling applications operating on the present terminal.
It can’t management applications operating on different terminals utilizing the identical account.
To realize full safety, run all buying and selling applications on a single terminal.Disable this EA when making deposits or withdrawals to keep away from unintended triggers.
This program is very versatile.
It’s strongly really helpful to carry out thorough testing on a demo account, regulate parameters, and totally perceive its conduct earlier than utilizing it in dwell buying and selling.
