Portfolio-Wide Trailing Profit Exit Based on Percentage Giveback

Summary

The described Expert Advisor monitors the combined profit of all open terminal positions across symbols and magic numbers. It waits until aggregate profit reaches a minimum threshold, then tracks a percentage drawdown from the highest profit reached. If profit falls by that percentage, it closes the positions. The example explains how a 20% giveback from a 1,000 profit peak would trigger closure at 800, and how the allowed giveback grows if profit rises further.

The document also describes boundary settings: zero percent acts like a total take-profit threshold, while 100% allows profit to fall to breakeven, though closing some positions can leave others losing. The advisor checks on a three-second interval, so it may not react immediately to rapid market moves. This is an exit-management mechanism, not a complete entry or portfolio strategy, and no backtest or execution results are provided.

Key ideas

• The advisor monitors combined profit across all open positions in the terminal.
• It activates trailing only after aggregate profit reaches a minimum threshold.
• The exit level follows the highest aggregate profit using a percentage giveback.
• A zero-percent setting behaves like a fixed total-profit exit, while 100% permits a full giveback.
• The advisor checks at three-second intervals, and the document provides no performance validation.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.