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Hi, I love Molanis!

Here's my question: I have searched without success on Google, at MQL4.com and here in the forum for a code snippet that will stop EA from trading after a losing trade. I want this as a safety switch in live forward testing to prevent EA from a runaway losing streak before I can shut it off to analyze performance. I found http://www.forexfactory.com/showthread.php?t=93595 and http://forum.mql4.com/45711 and http://forum.mql4.com/4579, but they aren't really a cut and paste solution. I want a code snippet I can input to Molanis MQL Block in Strategy Builder. If I discover a solution before I receive an answer, I will post it here for everybody.

What I'm looking for is an "OFF" switch for Hal 9000, before he blows up my account. It could be a variable number of losses to make it useful to more coders, but I only need it to trigger after (1) loss.

Thanks!

We do not have that available but you may want to look at the martingale code that says if the last position is a win/lose. Maybe use it as a base to get what you want.
Look in the code for //Martingale lot calculation.

Ah! Thank you for the clue. I will work on that, and post my results if successful...