Many traders blow their forex accounts with risky EAs, and risky settings. Here is a totally free EA I developed to protect your account from blowing up.
Installation
Open up your MT4 terminal.
Go to the menu File -> Open Data Folder
Navigate to MQL4 -> Experts. Copy the MQ4 file or EX4 file to this folder.
Back in your MT4 terminal, Right click the Experts Folder in the Navigator window, and select ‘Refresh’.
The EA will appear. Attach it to the chart, and make sure the smiley face is showing.
Disclaimer
Use this product at your own risk. This is not guaranteed to protect your account. Test this on a DEMO account with your broker to ensure you understand how it works, and how to test your account.
Thanks
Feel free to download it, test it, and use it at your own risk. If you love it, please consider supporting the channel.