PZ Balance Guardian MT4

Forex trading is a complex activity where the risks are high and the rewards can be equally significant. Among the many tools available to traders, the PZ Balance Guardian MT4 is one that stands out. Designed to monitor your trading account’s balance and profit/loss (P/L), it aims to prevent costly drawdowns and maximize profits.

Monitoring for Drawdown Prevention

The PZ Balance Guardian MT4 operates on a simple, yet effective premise. It constantly surveys the balance and P/L of your trading account. When a certain drawdown level is reached, this Forex software triggers an alert and subsequently closes all trades. In certain cases, it may also delete all pending orders, minimizing potential losses and safeguarding your investment.

Profit Maximization Strategy

On the flip side, the EA doesn’t just protect you from losses; it also helps you capitalize on your profits. When a predefined profit target is hit, the tool will alert you and close out all trades, locking in your earnings. This helps traders follow a disciplined approach, taking profits when they’re on the table and not letting greed cloud judgement. The software’s strategy is simple – protect your balance from drawdowns and ensure profit maximization on your Forex trades.

User-Friendly and Versatile

The PZ Balance Guardian MT4 is designed for ease of use. The platform offers alerts of all kinds, from visual to email and push notifications. It also reports to the terminal, keeping you updated on your trading progress. The Advisor is compatible with all magic numbers on the account and can be utilized with the investor password, monitoring and alerting on any policy breaches.

Controlled Trading Environment

Users have the option to customize their maximum equity loss and profit target, expressed as percentages. A feature to stop automated trading when the maximum loss or profit target is reached is also available. This level of control enables traders to manage their Forex risk effectively.

Technical Specifications

The PZ Balance Guardian MT4 operates on every tick and provides real-time information on the chart. It is highly recommended to load the EA on a single chart and refrain from closing that chart. This practice ensures that the EA runs smoothly and effectively.

FAQs

Q: How to get started with PZ Balance Guardian MT4?
A: Load the EA on a single chart, customize your events and settings as per your trading strategy and leave the EA running.

Q: Can I set my maximum loss and profit target?
A: Yes, the software allows you to set your maximum equity loss and profit target in percentage terms. A value of zero disables this feature.

Q: Can the EA stop automated trading?
A: Yes, you can choose to stop automated trading when the maximum loss or profit target is reached to protect your account balance.

Interested readers can watch independent testing of this product on the forexroboteasy.com website, and subscribe to updates on the results of testing this product. We invite you to share your personal experiences using the PZ Balance Guardian MT4 in the comments section below. This review is independent and not affiliated with the product’s maker, Point Zero Trading Solutions, or its founder, software engineer and private investor, Arturo López Pérez. We hope this review helps you make an informed decision about whether the PZ Balance Guardian MT4 is the right tool to enhance your Forex trading strategy.