Alpha Equity Protector EA MT4 for MetaTrader 4 is an essential tool designed to safeguard your account equity. When running multiple automated trading programs simultaneously, especially while sleeping at night, unexpected losses may occur due to black swan events or trading program failures. This tool effectively helps you avoid these issues by monitoring account equity and closing all market and pending orders once the account equity reaches a fixed equity stop loss or profit target. You can customize it to monitor all your trades, specific strategies, or certain time periods.