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Indicators

Prop Firm Risk Dashboard - daily loss and drawdown monitor - indicator for MetaTrader 5

Dror Munk
Dror Munk

Dror Munk

I build robust, fully-tested MetaTrader Expert Advisors and indicators in MQL5 and MQL4, with a focus on safe execution and honest validation — not just code that compiles, but code that behaves correctly under real conditions.
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Prop Firm Risk Dashboard is a lightweight, read-only panel that helps you stay within prop-firm risk limits. Attach it to any one chart and it watches the whole account.

It shows - and color- Prop-Firm Risk Dashboard panelcodes green, orange, red as you approach a limit - your balance and equity, floating P/L, today's P/L (equity change since the start of the trading day), the daily loss used as a percent of a configurable daily-loss limit, the max drawdown used as a percent of a configurable max-drawdown limit (measured from a configurable starting balance), and the margin level.

Inputs let you set the daily-loss percent limit, the max-drawdown percent limit, the starting balance (0 = use the current balance), the warning and danger thresholds, and the panel's corner, offsets, font, colors and background.

The day's starting equity is stored in a terminal global variable, so today's P/L stays correct across chart reloads and terminal restarts.

This is a monitoring tool only - it does not place, modify or close any orders. It works on any symbol and timeframe.
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