MagicNumber Daily Target, Daily Maximum Loss - MetaTrader 4 Expert - MT4/MT5 Resources
Trading tools used by traders that allow traders to more easily control and close positions faster based on profit targets or daily loss limits.
Calculated by adding total floating orders and closed orders extracted from historical data.
If you have any questions or requests, please let me know or you can join the telegram groupt.me/codeMQL
Attachment download
📎 daily_target.mq4 (4.87 KB)
Source: MQL5 #34236
MagicNumber Daily Target, Daily Maximum Loss - MetaTrader 4 Expert Usage and Screening Advice
MagicNumber Daily Target, Daily Maximum Loss - MetaTrader 4 Expert belongs to MT4 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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