The Kalifx Equity Guard Utility Tool

The Kalifx Equity Guard is a smart and useful MT4 risk management utility designed to protect your trading account from catastrophic losses. It continuously monitors your account equity, floating loss, and drawdown levels, and automatically closes all trades when your predefined risk limits are breached — regardless of whether trades are opened manually or by other Expert Advisors. It can be attached to any chart and any timeframe.

Key Features:

• Account Equity Protection: Automatically closes all open trades when maximum equity drawdown is reached.
• Floating Loss Protection: Monitors unrealized losses and exits trades before damage escalates.
• Works With Manual & EA Trades: Protects your account no matter how positions are opened.
• Continuous Monitoring: Runs in real-time and protects throughout the trading session.
• Lightweight & Fast: No indicators, no strategy interference — pure protection.

Input Parameters:

1. Enable Equity Protection: Turns equity drawdown protection on or off.
2. Max Equity Drawdown Percent: Maximum allowed drawdown from peak equity before trades are closed.
3. Max Equity Drawdown Money: Maximum equity loss allowed in account currency.
4. Enable Floating Loss Protection: Turns floating loss protection on or off.
5. Max Floating Loss Percent: Maximum floating loss allowed as a percentage of balance.
6. Max Floating Loss Money: Maximum floating loss allowed in account currency.
7. Close All Trades On Trigger: Automatically closes all open positions when protection activates.
8. Show Panel: Displays real-time equity statistics on the chart.

Note: This EA does not open trades and does not interfere with strategies. It acts purely as a safety layer and works alongside any trading system or manual trading approach. Always test on demo before live use.

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