Fairness Defend Professional (Technical Handbook)
1. Interface Introduction
2. Operate Description
1. Fairness Decrease Restrict
Fairness decrease restrict safety:
Safety is triggered when account fairness falls under the preset worth.
This perform is appropriate for all eventualities and is strongly advisable to be configured in all instances.
2. Fairness Higher Restrict
Fairness higher restrict safety:
Why does this perform exist?
Some EAs are extraordinarily worthwhile. In sure instances, merchants use this perform to cease buying and selling after reaching a particular fairness degree to keep away from being focused by brokers.
3. Trailing Cease Share Restrict
Fairness trailing cease primarily based on share.
The cease degree repeatedly rises with account fairness fluctuations.
After the trailing cease is triggered, the setting is reset and the perform continues working.
The way it works (instance from the screenshot):
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This system data the most fairness since startup
Max Fairness: 8497.42 -
After enabling this perform, the panel shows:
3. Trailing Cease (%) : 7137.83
Standing : 0.11%
Config : >16.0%
That means of every worth:
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Trailing Cease (%) : 7137.83
That is the fairness degree at which safety shall be triggered.
Method:
MaxEquity × (1 − 16.0%) = 7137.83
This worth will increase routinely as Max Fairness will increase. -
Standing : 0.11%
This represents the present drawdown share relative to Max Fairness.
Method:
1 − AccountEquity / MaxEquity
1 − 8488.14 / 8497.42 = 0.109%Its objective is to point out how far the present drawdown is from the configured restrict.
4. Trailing Cease Quantity Restrict
Fairness trailing cease primarily based on fastened quantity.
The cease degree rises with fairness progress.
After triggering, the setting is reset and continues working.
Instance rationalization:
That means:
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Trailing Cease ($) : 8392.42
The fairness degree at which safety shall be triggered.
Method:
MaxEquity − 105.00 = 8392.42
This worth rises routinely with Max Fairness. -
Standing : 9.28
Present drawdown quantity relative to Max Fairness.
Method:
MaxEquity − AccountEquity
8497.42 − 8488.14 = 9.28This means how shut the present drawdown is to the configured restrict.
5. Loss Share Restrict
Account cease loss primarily based on share.
Method:
(Fairness − Steadiness) / Steadiness
(8488.14 − 8468.73) / 8468.73 = 0.229%
Safety is triggered when this worth is lower than the configured threshold.
5.1 Day by day Loss Restrict (%)
Day by day loss restrict primarily based on share.
Designed to restrict the utmost loss per buying and selling day.
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When the loss exceeds the configured worth, safety is triggered.
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After triggering, this system stops for the remainder of the day.
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It routinely resumes on the subsequent buying and selling day.
As a result of this situation often closes different EA charts, it ought to be used along with 12. Restore On a regular basis.
After enabling, the panel shows:
Day by day Revenue : 19.41 (0.23%)
Method:
DailyHistoryProfit + AccountProfit
On this instance:
DailyHistoryProfit = 0
AccountProfit = 19.41
Observe:
6. Loss Quantity Restrict
Account cease loss primarily based on fastened quantity.
Method:
Fairness − Steadiness
8488.14 − 8468.73 = 19.41
Safety is triggered when this worth is lower than the configured threshold.
6.1 Day by day Loss Restrict ($)
Consult with 5.1 Day by day Loss Restrict (%).
7. Revenue Share Restrict
Account take-profit primarily based on share.
Method:
(Fairness − Steadiness) / Steadiness
(8488.14 − 8468.73) / 8468.73 = 0.229%
Safety is triggered when this worth is higher than the configured threshold.
7.1 Day by day Revenue Restrict (%)
Consult with 5.1 Day by day Loss Restrict (%).
8. Revenue Quantity Restrict
Account take-profit primarily based on fastened quantity.
Method:
Fairness − Steadiness
8488.14 − 8468.73 = 19.41
Safety is triggered when this worth is higher than the configured threshold.
8.1 Collected Revenue Restrict
Collected revenue safety.
Sometimes utilized in multi-strategy portfolio buying and selling.
Safety is triggered when complete collected account revenue exceeds the configured worth.
8.2 Day by day Revenue Restrict ($)
Consult with 5.1 Day by day Loss Restrict (%).
9. On a regular basis Config
Day by 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 subsequent 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
Day by day chart (EA) restoration.
When no different charts are working within the terminalthis system will routinely restore the beforehand closed charts (EAs) on the specified time.
Image, timeframe, and parameters shall be precisely the identical.
13. Distant Handbook Safety
If you end up away and the market turns into extremely risky, cell buying and selling might mean you can shut positions however not cease working EAs, inflicting steady losses.
After enabling this perform, merely inserting any sort of pending order on the present image out of your cell phone will set off safety instantly.
3. Necessary Notes
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Fairness Defend Professional is an account-level danger management EA.
It doesn’t place trades or predict the market. -
Every perform operates independently.
Solely when Allow = true will the perform run.
Even when Shut different charts is enabled, it won’t execute if Allow = false . -
After safety is triggered, positions are closed by default.
Whether or not to shut different EAs will depend on person settings. -
This EA can solely shut buying and selling packages working on the present terminal.
It can’t management packages working on different terminals utilizing the identical account.
To attain full safety, run all buying and selling packages on a single terminal. -
Disable this EA when making deposits or withdrawals to keep away from unintended triggers.
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This program is very versatile.
It’s strongly advisable to carry out thorough testing on a demo account, alter parameters, and absolutely perceive its habits earlier than utilizing it in stay buying and selling.
