Enforcing an Account-Wide Daily Trade Limit in MQL5
Summary
The article describes an account-level control that counts confirmed entry deals across symbols, whether initiated manually or by an Expert Advisor. A configurable session start defines the trading day, and a daily maximum determines whether the account is in an allowed, caution, or limit-reached state. The proposed design separates shared counting and state logic, a dashboard for settings and alerts, and an enforcement EA that monitors trade events. Once the threshold is reached, newly placed pending orders are deleted and newly opened positions are closed; positions opened earlier are left in place.
The article says the system was checked in structured live scenarios covering multiple symbols, simultaneous EAs, repeated entry attempts, and session resets, and reports consistent counting and state changes. It defines entries as confirmed entry deals and makes the day boundary configurable, so behavior depends on those settings and on reliable EA operation. The control limits new exposure rather than managing existing positions, and the described validation does not provide a broader performance or reliability study.
Key ideas
- The enforcer counts confirmed entry deals across the entire account within a configurable trading-day window.
- A dashboard, shared logic layer, and enforcement EA divide settings, status reporting, and intervention responsibilities.
- At the limit, the system removes new pending orders and closes newly opened positions while preserving earlier positions.
- The article reports live checks across multi-symbol and multi-EA scenarios but gives no broader reliability statistics.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.