Drawdown Manager MT5

4

Drawdown Manager MT5 is an essential utility for traders using MetaTrader 5, designed to protect your trading equity by actively managing drawdowns and safeguarding your investments. Ideal for both individual traders and proprietary trading firms, this tool provides a robust solution for maintaining your trading strategy's integrity and capital security.

With advanced features like real-time alerts and customizable risk parameters, Drawdown Manager MT5 ensures that you can effectively monitor and control your trading activities. Whether you're looking to close losing trades or receive instant notifications, this utility is tailored to enhance your trading performance and minimize potential losses.

Installation Guide for MQL Products | Updating Purchased MQL Products on MT4/MT5 | General Troubleshooting Guide | Indicator Settings / Guide

Key Features

  • Pop-Up Alerts: Fires MetaTrader alert pop-ups on signal events so you never miss a trade setup.
  • Push Notifications: Sends real-time push notifications to your MetaTrader mobile app for on-the-go monitoring.
  • Email Alerts: Sends email notifications on signal events for remote monitoring when away from the terminal.
  • On-Chart Dashboard: Displays a real-time information panel directly on the chart for instant status overview.
  • Safe Trading Configuration: Set maximum limits for open trades, drawdown percentages, and trading frequency to effectively manage risk.
  • Customizable Action Settings: Automate trade closures, adjust chart visibility, and manage terminal actions based on drawdown conditions.

Drawdown Manager MT5 is your go-to solution for mitigating risk while trading on MetaTrader 5, ensuring your capital remains protected throughout your trading journey.

You can also check out the MT5 version of this product:

I would greatly appreciate a positive review if you are happy with your purchase. Please contact me to find a solution if you are not.

Interested in a free 7-day trial? Feel free to reach out to me via my profile section.

Check all my products: https://www.mql5.com/en/users/biswait50/seller

Contact me for support: https://www.mql5.com/en/users/biswait50

#tags Drawdown Manager MT5, trading utility, risk management, equity protection, trade alerts, MetaTrader 5, capital security, trading strategy, automated trade closure, push notifications, email alerts, on-chart dashboard, trading performance, customizable settings, proprietary trading, investment safety

Reviews 5
hikernc
36
hikernc 2026.07.07 14:41 
 

This is a great tool to protect your account. Some EAs don't have drawdown protection, so to be able to use this is a huge help. Biswarup is very friendly and helpful if you have any questions. He responds quickly to questions and his support is second to none!

Dmitrii Kozachenko
2464
Dmitrii Kozachenko 2026.02.27 15:32 
 

Best DD Management tool. Easy to setup and work reliable. Author very responsive and ready to help. Enjoy~!

learning2tradefx
34
learning2tradefx 2025.12.12 17:45 
 

I purchased Drawdown Manager about a month ago and have tested it thoroughly — it works incredibly well! I’m extremely happy with this purchase and now use it daily to protect my capital with a predefined dollar limit. Biswarup has also been exceptionally responsive. I had a few questions about certain settings, and he replied promptly each time with clear guidance. I strongly recommend this product. Thank you very much, Biswarup — keep up the great work!

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Working Demo Download Copy Cat More Trade Copier MT5 is a local trade copier and a complete risk management and execution framework designed for today’s trading challenges. From prop firm challenges to personal portfolio management, it adapts to every situation with a blend of robust execution, capital protection, flexible configuration, and advanced trade handling. The copier works in both Master (sender) and Slave (receiver) modes, with real-time synchronization of market and pending orders,
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Seconds Chart is a unique tool for creating second-based charts in MetaTrader 5 . With Seconds Chart , you can construct charts with timeframes set in seconds, providing unparalleled flexibility and precision in analysis that is unavailable with standard minute or hourly charts. For example, the S15 timeframe indicates a chart with candles lasting 15 seconds. You can use any indicators and Expert Advisors that support custom symbols. Working with them is just as convenient as on standard charts.
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Description This Expert Advisor mainly works on range breakout on a particular timeframe. The logic behind the this pretty simple. When a range is formed in any time frame (e.g. the range should be less than 20 pips and there must be atleast 30 candle in that range), this ea will wait for the range to be broken out on any direction. If the range is broken on the upper side it will enter into the buy position and hedge the lower ragne with sell position(Could be martingale multiplied lots). If i
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Introducing Hercules Trend MT4, a cutting-edge trend indicator designed to enhance your trading experience in the MetaTrader 4 platform. This powerful tool allows traders to identify optimal entry points and effectively recognize range-bound areas, making it suitable for both novice and experienced traders. With Hercules Trend MT4, you can significantly improve your trading accuracy. By combining signals from multiple timeframes, this indicator provides high-accuracy entry signals that can lead
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hikernc
36
hikernc 2026.07.07 14:41 
 

This is a great tool to protect your account. Some EAs don't have drawdown protection, so to be able to use this is a huge help. Biswarup is very friendly and helpful if you have any questions. He responds quickly to questions and his support is second to none!

Dmitrii Kozachenko
2464
Dmitrii Kozachenko 2026.02.27 15:32 
 

Best DD Management tool. Easy to setup and work reliable. Author very responsive and ready to help. Enjoy~!

Biswarup Banerjee
54423
Reply from developer Biswarup Banerjee 2026.02.27 16:11
thank you so much for your review.
learning2tradefx
34
learning2tradefx 2025.12.12 17:45 
 

I purchased Drawdown Manager about a month ago and have tested it thoroughly — it works incredibly well! I’m extremely happy with this purchase and now use it daily to protect my capital with a predefined dollar limit. Biswarup has also been exceptionally responsive. I had a few questions about certain settings, and he replied promptly each time with clear guidance. I strongly recommend this product. Thank you very much, Biswarup — keep up the great work!

Biswarup Banerjee
54423
Reply from developer Biswarup Banerjee 2025.12.13 03:00
Thank you so much for your feedback my friend
Mehdi Banazadeh
260
Mehdi Banazadeh 2024.07.26 06:33 
 

There is some issues with this EA 1- If account reaches to a specific DD% say 1% in a trading session and EA does whatever actions is set for then EA stops working for the rest of the day. Even if you increase the DD% threshold say 2% the EA keeps sending notification that Max DD is reached while your DD is actually less than 2%. This is a bug. I want the EA keep working for the new DD% Threshold. 2- I wand to receive only notification when My DD reaches specific currency number (not DD%) but there is no such option in EA. 3-The Max DD action setting must have the option of both DD currency number and DD%. please fix these bugs so I can increase my stars. Thank you.

Biswarup Banerjee
54423
Reply from developer Biswarup Banerjee 2024.07.26 06:39
Sure will check and let you know
harpreet badhan
34
harpreet badhan 2024.06.06 19:15 
 

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