Free 14-day trials: Prop Trade Manager MT5 and Prop Risk Guard Pro MT5

Try the full versions on your own demo account before you buy.

Trade panels and risk guards are hard to judge in the Strategy Tester: you want to click the buttons, drag the lines and watch the guard react on a live chart. So both paid tools have a free trial with every feature switched on.

The trials:

• work on demo accounts only
• run for 14 days from the first start on your computer
• are otherwise exactly the full products (same panel, same presets, same locks)

Download (files attached at the bottom of this post):

• PropTradeManager_Trial.ex5 - one-click trading panel with prop-safe lot sizing, partial close, break-even, trailing stop and the full prop guard
• PropRiskGuardPro_Trial.ex5 - account-wide guard: firm presets, daily and maximum loss locks, per-trade cap, automatic stop loss, news lock, Friday close

Important: do not rely on a trial on a challenge or funded account. When the trial ends it stops protecting and managing the account (it tells you with a pop-up). Use the full version for real challenges.

How to install

1. In MetaTrader 5 click File > Open Data Folder, then open MQL5 > Experts.
2. Copy the downloaded .ex5 file into that folder.
3. In the Navigator window right-click "Expert Advisors" and choose Refresh.
4. Turn on Algo Trading (the button in the toolbar).
5. Drag the trial onto any chart. On the Common tab tick "Allow Algo Trading", then set your rules on the Inputs tab and click OK.
6. Only one copy is needed: it watches the whole account. Prop Trade Manager can run on several charts if you trade several symbols.

Full versions

• Prop Trade Manager MT5: https://www.mql5.com/en/market/product/200638
• Prop Risk Guard Pro MT5: https://www.mql5.com/en/market/product/200548
• Prop Risk Guard MT5 (daily and maximum loss lock only): https://www.mql5.com/en/market/product/200447

User guides

• Prop Trade Manager: https://www.mql5.com/en/blogs/post/777265
• Prop Risk Guard and Prop Risk Guard Pro: https://www.mql5.com/en/blogs/post/777266

Questions or a problem? Write a comment below or send me a private message. I answer every message.