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Prop Firm Daily Drawdown Visualizer (Free) - expert for MetaTrader 5

Yge Simon Pars
Yge Simon Pars

Yge Simon Pars

Headline: Seasoned Market Veteran & AI Algorithmic Developer
About Me:
1 code
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Published:
Download as ZIP How to download code from MetaEditor
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Protect Your Funded Account with Institutional-Grade Risk Monitoring.

Prop Firm Daily Drawdown Visualizer

The #1 reason traders fail prop firm challenges is not a bad strategy; it is breaching daily drawdown limits. The AlphaQuant Prop Firm Daily Drawdown Dashboard is a free, high-visibility Expert Advisor designed specifically for funded traders.

Instead of drawing messy lines on your price chart, this EA creates a sleek, professional risk monitor directly on your screen. It tracks your account equity in real-time and calculates exactly how much "room" you have left before you hit your daily loss limit.

Key Features:

• Real-Time Equity Tracking: Monitors your actual account balance and equity, not just chart price.
• High-Visibility Dashboard: Large, color-coded text designed for multi-screen setups.
• Dynamic Status Alerts: Automatically switches from "SAFE" (Green) to "WARNING" (Orange) and "CRITICAL" (Red) as you approach your daily limit.

• Daily Auto-Reset: Automatically resets the baseline balance at server midnight to align with prop firm rules.

How to Use:

Attach the EA to any chart.
Set your "Max Daily DD %" in the inputs (e.g., 5.0 for a 5% limit).

Monitor your risk visually while you trade.

Note: This free dashboard provides visual awareness. For advanced, multi-account automated protection, equity peak tracking, and automatic circuit-breakers that close trades when limits are hit, please explore the premium Prop Firm AI Assistant V10 on the MQL5 Market
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