Description
Short Description: A universal trade target manager that automatically closes open orders when account profit or loss reaches predefined cash, %, or pip milestones.
Overview
The Auto Close Profit Loss Target EA provides automated profit locking and drawdown protection. Once your open positions reach your specified daily dollar profit target, equity percentage gain, or maximum loss limit, the utility instantly liquidates positions and locks gains.
📊 Backtested Performance Summary
This Expert Advisor has undergone quantitative historical backtesting based on tick and bar market data:
- Best Tested Symbol: USDCHF
- Best Timeframe: H4
- Testing Period: 2020.01.01 – 2026.08.28
- Net Profit: $4,256.77
- Profit Factor: 1.28
- Maximum Drawdown: 11.35%
- Recovery Factor: 2.76
- Total Trades: 170
- Out-of-Sample Result: PF: 1.06, WinRate: 26.4%
⚠️ Disclaimer: Historical backtest results are provided for informational and research purposes only and do not guarantee future live trading performance. Past performance is not indicative of future returns.
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