DD Relative
DD Relative is a monitoring utility EA that tracks and displays relative drawdown metrics for the trading account. It calculates drawdown as a percentage relative to balance or equity and provides visual alerts when drawdown exceeds configurable thresholds.
Open the interactive view (equity curve, symbol switch)Key facts
Backtest results (H1, about 1 year)
Not backtested yet — this EA could not be converted automatically.
Strategy analysis
This EA falls under the utility category and does not execute autonomous trades. Its core concept is monitoring the account's relative drawdown level by comparing current floating loss against historical peak equity or current balance. Entry conditions are not applicable since this EA does not open positions. Exit conditions are similarly not applicable. Position sizing is not involved; the EA only monitors the floating profit and loss of existing positions. For money management, the EA provides drawdown percentage calculation and threshold alerts to help traders control risk exposure, but does not itself execute any money management operations. Key features include real-time drawdown percentage display, drawdown warning notifications, and drawdown history statistics recording.
Strengths
- Real-time monitoring of account drawdown status helps traders detect risk promptly
- Configurable drawdown threshold alerts with multiple notification methods supported
- Runs as a supplementary tool without interfering with main strategy EAs
Weaknesses
- Only monitors drawdown without actively taking risk control measures such as closing or hedging positions
- Cannot distinguish drawdown contribution ratios from different EAs or instruments
- Lacks historical drawdown charting functionality, only numerical display
Possible improvements
- Add automatic risk control features such as auto-closing positions when drawdown exceeds limits
- Add drawdown statistics categorized by EA and instrument
- Add historical drawdown chart visualization functionality
Risk assessment
Overall risk: Safe
- This EA is a pure monitoring tool that does not trade, posing no direct risk
- Indirect risk if traders over-rely on alerts while neglecting other risk control methods
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
MaxDrawdownPercent | 20 | Maximum allowed drawdown percentage |
AlertType | 1 | Alert type: 1=popup 2=push 3=email |
CalculationBase | 0 | Calculation base: 0=balance 1=equity |
RefreshInterval | 1000 | Refresh interval (milliseconds) |
ShowPanel | true | Show info panel |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.