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Create Equity Monitor

Types >

You can create an equity monitor for each connected account. Each account can have 1 of each type of equity monitor at a time. You can cancel an equity monitor and create a new one at any time.

The create equity monitor page displays your current equity and equity percentage for your account depending on your monitor type selection.

Monitor account

Select the account which you would like to apply the equity monitor to. If you have the account connected to a copier and are using the disable copiers action, this will disable all the copiers the account is a Send to on.

Monitor type

Select the type of equity monitor you would like to set.

There are 4 types of equity monitors;

  • Target Value
  • Target Percentage
  • Protect Value
  • Protect Percentage

See Types section.

Equity value

Enter the value at which the equity monitor will be triggered. If you selected the target value or protect value you will be entering the literal equity value the monitor will trigger. If you have selected the target percentage or protect percentage you will be entering the percentage the monitor will be trigger.

Monitor action

Select the action you wish to trigger ones the equity value has been met.

There are 3 actions which can be performed;

  • Alert The equity monitor will send an alert once triggered.
  • Alert and disable copiers The equity monitor will send an alert and disable any of the account's trade copiers when triggered.
  • Alert, disable copiers and close trades The equity monitor will send an alert, disable any of the account's trade copiers and close all open trades when triggered.