Drawdown Minimizer Risk Management Utility for MT5

You choose the targets, and only their losing positions are paid off. Enter magic numbers and ranges separated by commas (for example 123456,123457 or 1000-1999, for EAs that give every grid level its own magic), or a text from the trade comment (not case-sensitive, several separated by commas; check the comment column first, since some EAs write none and some brokers shorten it). When both are set, you pick magic OR comment, or magic AND comment. Symbols to reduce limits the pay-off to chosen symbols, and Min position age leaves younger positions alone, so a fresh basket can still resolve itself. Winners and every other position are never touched; with no target set, the panel shows NO TARGET SET.

The utility follows a strict chronological priority, targeting the oldest losing position first. This prevents the system from prioritizing younger, cheaper positions over the ones that have been dragging on for months. By focusing on the oldest trades, the tool addresses the positions that have likely accumulated the most swap costs over time.

Instead of closing entire positions at once, the utility operates in slices. Once the savings book reaches a specific threshold, the tool closes a small portion of the oldest position—for example, a 0.01 lot step. This includes the slice's share of the floating loss and swap. If less than the Close fully if rest below amount (0.02 lots by default) would remain after a slice, the position is closed fully as soon as the book covers it, so no tiny leftovers stay open. Close mode Whole closes complete positions only, once the book can pay the whole position.

You decide exactly when the spending phase begins. You can set the tool to start reducing positions based on a specific position age (e.g., 30, 60, or 90 days), when the total account drawdown reaches a specific percentage (e.g., 15%), or you can trigger it manually by pressing the START button. The PAUSE function always takes precedence to ensure you can stop the process instantly. With Keep running once started on (the default), the pay-off continues until no target loss is left, even if the condition goes away; switched off, it pauses as soon as no condition is met.

The on-chart panel provides a clear overview of your current status, including the total Saved, Spent, and Available funds. It displays the current open loss of target positions and how much of that load has already been reduced. You can also monitor the next slice price and view a history chart of target load, savings, and account drawdown over 7 days, 30 days or all. A badge shows DRY RUN or LIVE, and the status reads WAITING FOR START, SAVING (running, but not enough in the book yet), RUNNING, PAUSED, DONE or NO TARGET SET. Next names the position and what its slice costs, or how much is still missing.

To ensure your strategy reacts correctly to partial closures, the utility defaults to Dry Run mode. In this mode, the tool simulates the reduction process and logs exactly what it would have closed in the journal without actually executing any trades. This is a critical step for testing how a grid EA or other automated system handles a reduction in open volume before going live.

While the utility does not change your account equity, it directly impacts your risk profile. By closing out old positions, it reduces your total open volume and margin requirements. This effectively lowers the chance of an old basket of trades dragging the account deeper and helps stop the constant accumulation of swap costs on long-term stuck positions.

Stay informed without watching the terminal. With Push notification on, the MetaTrader app on your phone gets a message for every full close, for start and pause, and a daily summary. Show panel and its X and Y position control the panel on the chart.

The utility is designed for quick installation on a single MT5 instance per account. It works on both hedging and netting accounts. Once attached to a quiet chart, you simply enter your magic numbers and select your preferred starting criteria. It is a non-intrusive way to manage the long-term consequences of high-drawdown trading scenarios.

Attach the utility to a separate chart (any symbol, any timeframe) — not to the chart of the grid EA you want to reduce. Find your EA's magic number in the Trade tab, enter it under Magic Numbers to Reduce, and allow algo trading. Once attached, the panel will appear on your chart.