Equity Sentry Video Tutorials

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• Hi Rimantas,

  I am a recent purchaser of the Equity Sentry, and am quite positive regarding the possibilities it offers.

  I do have a few questions regarding the Sentry, and while I have gone through the manual above, I wonder if there is a written manual for this EA, which could be useful.

  In any case I have a question regarding Security Trigger #2.

  The Trigger when floating Losss reaches X (%) . What is the % of?

  Is it
  a) the % of the open positions of the particular magic number
  b) % size of the account balance
  c) % of the equity

  Any advice you could provide would be fantastic.

  Much appreciated,
  Lucy

  • Hi,

    great question.

    The answer is simple... X% of the account balance.

    Security triggers #2 uses trade filters. The ESEA will calculate the floating profit/loss of all the trades matching your filter (magic number and pair) and then use that to calculate the floating P/L in % of the account balance.
    If the account balance is $1000 and you have -$100 floating in open trades, then it's a 10% floating loss.

    When the floating loss of your trade filter (magic number and pair) reaches X% of balance, the ESEA will trigger your chosen actions.

    I hope this helps.