With equity monitors, you can setup an action that is trigger when a specific equity value is met. You can do this either below or above the current equity and select from a list of actions including sending an email alert, stopping copiers or closing trades. With equity monitors we built upon the previous implementation of equity protection and now allow you to trigger actions from both sides of the equity value.

On the equity monitors page there are 4 tabs; all, active, completed and cancelled.

You can create an equity monitor or cancel an equity monitor. You cannot edit or delete an equity monitor. When you create an equity monitor, the status is set to active and it will appear in the active table. Once the equity monitor is triggered the status will change to complete. If you cancel the equity monitor, the status will be changed to cancelled. Both appear in the concluded table.

An event will be created on the account informing you it has been triggered.

Equity Monitor Types

There are 4 types of equity monitors;

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

See Types section.

Equity Monitor Actions

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.

To cancel an already set equity monitor, press the red trash can on the active equity monitors page.