AW Equity Protection MT5

Introduction

The AW Equity Protection MT5 utility is designed to provide an additional layer of security for your trading account by analyzing the performance of other advisors across all instruments to prevent drawdowns. Developed by AW Trading Software Limited, this tool offers functionalities like locking, closing positions, and sending notifications when certain parameters are exceeded. It can operate on the current symbol or across all symbols and can even remove pending orders and close other advisors’ positions.

Features and Functionalities

• Ability to send all types of notifications
• Works on the current symbol or all symbols
• Can remove pending positions
• Closes other advisors working on your account

User Reviews and Ratings

The AW Equity Protection MT5 has a user rating of 2, based on several reviews:

• User shaikbabu rated it 1/5 with comments about issues with the locking system not functioning as expected.
• User gibbsy66 provided feedback that the EA worked fine but had issues with other EAs opening trades immediately after a close.

Pricing and Availability

The system is priced at $35 and was first published on October 11, 2023. It has been downloaded a number of times.

Pros and Cons

Pros:

• Comprehensive protection features
• Customizable notifications
• Works across multiple symbols

Cons:

• Issues with the locking mechanism
• Mixed user reviews

Reliability and Recommendations

While the AW Equity Protection MT5 offers a variety of useful features, its reliability is currently questionable based on user reviews. Potential users should proceed with caution and perhaps test the utility on a demo account before using it in live trading.

Additional Resources

For more information on the trading results of this system, you can visit Forexroboteasy.com. You can also download sample source codes from the forum easytradingforum.com.

Conclusion

The AW Equity Protection MT5 has potential but requires further refinement based on user feedback. Always ensure to conduct thorough testing and consider user reviews before integrating it into your trading strategy.