@toppcat1 said in how to set a realized profit drawdown limit:
@toppcat1 (if my highest realized profit draws down 2% then.) This is what I'm trying to achieve
Will this series of boxes with these inputs give me the results. I am at a loss here I've literally been working on this for 9 hrs. straight and I'm not achieving results. I built a beautiful bot with great win ratio but I can't use it without this filter being added. Also can I set it aside unconnected to the buy cell groups.
Thanks for your help
it would have to consist of a few variables and modifications but im thinking something along the lines of....
variable 1=highestprofit
variable 2=equity
variable 3=2% of variable1
condition
variable2 > variable1
modify variable
variable1 = variable2
condition
variable1 = variable2
for each trade
once per position
formula
variable1 *02=variable3
condition
equity < equity-variable3
close trades, terminate EA
something to that affect.