simpliest job just to monitor drowdown each day and close position when trigger
Created at 12 Oct 2025
K.
Status
Open
Budget
30.00 USD
Payment Method
Direct Payment
Job Description
What I need:
A simple protective bot that monitors the entire trading account and automatically closes all positions at preset profit/loss limits.
Required features:
- Monitor all open positions, regardless of who/what opened them
- Automatically close ALL positions when:
- Total profit reaches a set value (e.g., +€30)
- Total loss reaches a set value (e.g., -€20)
- Block new trades after closing positions — to prevent other EAs from immediately reopening positions
IMPORTANT – Daily Drawdown Reset:
- Each day at midnight (or custom time), the bot saves the current account balance
- From this new reference point, a drawdown limit is applied (e.g., -$500)
- Example: if balance at 00:00 is $10,000, bot closes all trades if it drops to $9,500
- If balance increases to $10,200 the next day, the new stop is $9,700
- Always protects the latest daily high minus the set drawdown
Settings required:
- Take Profit value (in EUR/USD)
- Daily Stop Loss / Drawdown (in EUR/USD)
Comments
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I will assist you to build this I am a Algo trading developer contact me via +2348147534869 telegram