# Drawdown Manager EA

Manages drawdowns by layering trades around a manually initiated position with tiered breakeven and global TP.

Canonical: https://prismaticalgos.com/compendium/algo/11573-drawdown-manager-ea
Record ID: 11573
Catalog rank: 2636 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Confluence & Multi-Timeframe (L)
Source: https://github.com/Arjun-1337/Drawdown-Manager-EA
Evidence label (unverified): source_code

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: any
- timeframes: any
- sessions: any
- market_regime: any

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- Not specified.

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- Global TP mode activated when profit target is reached
- Breakeven moves at specific price levels
- Global SL set at 20% of equity risk

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: Global SL set at 20% of equity risk
- Take profit: Individual TP for each layer, aggregated TP in global TP mode
- Position sizing: Dynamic layer replacement with increasing lot sizes