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FTMO Protector PRO MT5

50 USD

Demo downloaded: 65

Published: 30 October 2024

Current version: 1.18

FTMO Protector PRO MT5

Utilities
Rando Pajuste
Rando Pajuste
Estonia

878
5 (2)
9 products
Version: 1.18
Updated: 26 September 2025
Activations: 10

Short Description:
FTMO Protector PRO MT5 is an EA designed to protect your funded account by managing risk and ensuring compliance with the Prop Firm's trading rules. This EA automatically monitors equity levels, closes trades when profit targets or drawdown limits are reached, and provides a visual display of key account metrics. EA works with all different Prop Firm service providers.

Overview:
FTMO Protector PRO MT5 is an Drawdown Safeguard Expert Advisor meticulously crafted for traders participating in Prop Firm challenges, particularly those who need to strict equity and drawdown limits. This EA acts as an automated risk manager, continuously monitoring your trading account to safeguard it from exceeding the daily drawdown or equity targets. With a focus on simplicity and reliability, this EA is an essential tool for serious traders looking to maintain compliance and protect their accounts.

Key Features:

Equity Monitoring: The EA continuously tracks your account's equity, ensuring that it stays within the defined profit targets and drawdown limits.
Automated Trade Management: Automatically closes all open trades and pending orders when the upper profit target equity is reached or the drawdown limit is breached, helping you to stay within Prop Firm requirements.
Visual Information: Displays real-time account metrics, including current equity, target equity, daily starting balance, daily starting equity, daily profit target and daily profit/loss, directly on the chart.
Adaptive Daily Starting Balance and Daily Starting Equity calculation.
Daily Reset Balance and Equity. Normally Daily Starting Balance is used for main calculation if P/L is negative. If overnight Reset Time the account is in positive floating profit and equity exceeds the balance then Daily Starting Equity will be used for main calculations that day.
Configurable parameters:

Target Equity to Close All Trades: Profit target equity to automatically close all trades once reached.
Target Equity to Close All Charts: Profit target equity reached and all trades are closed then Close All Charts.
Daily Drawdown Limit to Close All Trades: Define the maximum acceptable daily drawdown to protect your account.
Daily Drawdown Limit to Close All Charts: Daily Drawdown Limit hit and all trades are closed then Close All Charts and EAs.
IMPORTANT! If your strategy involves frequent trading and your EA operates aggressively, we highly recommend "Daily Drawdown Limit to Close All Charts" option to be Enabled. When the Drawdown Limit is Hit, it will automatically close all EAs and Charts in MT5, preventing any further trades for the current day, protecting your prop firm account, and ensuring you remain compliant with trading rules.

Daily Profit Target (Optional): Optionally set a daily profit target to automatically close trades when achieved. Default settings is 200 (+2%) for $10,000 account.
Daily Reset Time: Automatically reset the daily starting balance and daily starting equity to current balance and equity at a specified time (01:00) each day, aligning with Prop Firm rules.
Slippage: Control slippage when closing orders to ensure smooth execution.
Closing Pause Between Orders (ms): Adding small delay between closing orders to avoid server spamming.
Show Daily Starting Equity: Show or hide Daily Starting Equity on info panel.
Show Digits: Determine how many digits are displayed after the balance/equity decimal point.

Visual panel:

Current Equity: The current equity on the account.
Target Equity: Profit target equity level to automatically close all trades once reached.
Daily Starting Balance: Daily starting account balance.
Daily Starting Equity: Daily starting account equity.
Daily Drawdown Limit: Define the maximum acceptable daily drawdown to protect your account and close all trades.
Daily Profit Target (Optional): Optionally set a daily profit target to automatically close trades when achieved.
Daily Current P/L: Current day floating profit loss on the account.

Compliant Trading Approach:

Daily Balance Reset Time: Resets the daily starting balance to current balance and daily starting equity to current equity at a specified time, ensuring that the account's daily drawdown and profit calculations are accurate and aligned with the Prop Firm's rules.
Trade Management: FTMO Protector PRO MT5 automatically manages all trades by closing them if the set equity thresholds are reached, preventing violations of the Prop Firm's rules.

Specifications:

Platform: MT5 (VPS recommended for 24/7 use)
Account Type: Designed for Prop Firm accounts (e.g., FTMO, FundedNext, The5ers and others)
Default Account Size: Default settings are optimized for a $10,000 account. Can be used on all Prop Firm Accounts with different balance sizes. (settings below).
Default settings: Profit Target Equity at 10.1% and Daily Drawdown Limit at 4.5%. Optional Daily Profit Target 2%.
Timeframe: H1 or lower.

Account Sizes and Settings | Target Equity: 10.1% / Daily Drawdown Limit: 4.5% / Daily Profit Target: 2%

$5,000 Account: Target Equity: 5505 / Daily Drawdown Limit: 225 / Daily Profit Target: 100
$6,000 Account: Target Equity: 6606 / Daily Drawdown Limit: 270 Daily Profit Target: 120
$10,000 Account: Target Equity: 11010 / Daily Drawdown Limit: 450 / Daily Profit Target: 200 (Default Settings)
$15,000 Account: Target Equity: 16515 / Daily Drawdown Limit: 675 / Daily Profit Target: 300
$20,000 Account: Target Equity: 22020 / Daily Drawdown Limit: 900 / Daily Profit Target: 400
$25,000 Account: Target Equity: 27525 / Daily Drawdown Limit: 1125 / Daily Profit Target: 500
$40,000 Account: Target Equity: 44040 / Daily Drawdown Limit: 1800 / Daily Profit Target: 800
$50,000 Account: Target Equity: 55050 / Daily Drawdown Limit: 2250 / Daily Profit Target: 1000
$80,000 Account: Target Equity: 88080 / Daily Drawdown Limit: 3600 / Daily Profit Target: 1600
$100,000 Account: Target Equity: 110100 / Daily Drawdown Limit: 4500 / Daily Profit Target: 2000
$160,000 Account: Target Equity: 176160 / Daily Drawdown Limit: 7200 / Daily Profit Target: 3200
$200,000 Account: Target Equity: 220200 / Daily Drawdown Limit: 9000 / Daily Profit Target: 4000
$300,000 Account: Target Equity: 330300 / Daily Drawdown Limit: 13500 / Daily Profit Target: 6000
$320,000 Account: Target Equity: 352320 / Daily Drawdown Limit: 14400 / Daily Profit Target: 6400
$400,000 Account: Target Equity: 440400 / Daily Drawdown Limit: 18000 / Daily Profit Target: 8000
$500,000 Account: Target Equity: 550500 / Daily Drawdown Limit: 22500 / Daily Profit Target: 10000

Who Should Use This EA?
FTMO Protector PRO MT5 is ideal for traders in Prop Firm challenges who require drawdown risk management and ensuring compliance with the Prop Firm's trading rules. Whether you're new to Prop Firm challenges or a seasoned trader, this EA offers the robust protection needed to safeguard your account and achieve your trading goals.

Version: v1.18
Last update: September 26, 2025

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The Expert Advisor will help you forward all alert from MetaTrader 5 to Telegram channel/ group. All alert must save to folder <Data folder>MQL5\Files\Alerts\ , text file with format *.txt and screenshot with format *.gif or *.png. Parameters: - Telegram Bot Token: - create bot on Telegram and get token. - Telegram Chat ID: - input your Telegram user ID, group / channel ID - Forward Alert: - default true, to forward alert. - Send message as caption of Screenshot: - default false, set true t

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The product is used to trade base on any Alert signal in MT5 Easy to setup, simple format with custom keyword All option to management orders as trailing stop, breakeen, partial close, time filter, news filter ... Option to auto open grid orders How to setup and guide: Let read all details about setup and download indicator for auto get Alert Signal here Do not buy if you even can not install demo EA to your VPS ( some VPS block download EA from mql5 market) We always bring customers high q

100 USD

Timeless Charts is an all-in-one trading utility for professional traders. It combines custom chart types such as Seconds Charts and Renko with advanced order flow analysis using Footprints , Clusters , Volume Profiles , VWAP studies, and anchored analysis tools for deeper market insight. Trading and position management are handled directly from the chart through an integrated trade management panel , while Market Replay and Virtual Accounts provide environments for practicing trading skills and

125 USD

Prop Guardian Risk Manager MT5 – Drawdown, Risk & Hedge Protection for Prop Firm and Managed Accounts Prop Guardian Risk Manager is a professional risk-control utility for MetaTrader 5, designed for prop firm traders, money managers and anyone who wants strict account-level risk protection. It does not generate trading signals, strategy entries or trading decisions. Instead, it runs in the background, monitors your account risk and can automatically block new exposure, close managed positions or

99 USD

Overview: The Drawdown Control Limiter MT5 is a robust and efficient tool designed for traders who aim to monitor and limit drawdown levels in their MetaTrader5 Live/Demo accounts. This Expert Advisor provides real-time tracking of drawdown percentages or amounts and automatically closes positions if the specified limits are exceeded, helping protect your capital. EA account drawdown protector is designed for normal trading Live and Demo accounts (not for Prop Firms) . Key Features: Customiza

30 USD

Short description: Only one trade is executed per pair, with a duration of about 1 day up to 2 months , requiring you to be patient . EA is focusing on market high/low RSI reverse points to enter into trend direction and targeting 150-550 pips profit with single trade. One Trade Per Pair (trend) No Martingale No Grid Overview: Patient RSI Trader is a carefully engineered Expert Advisor designed for traders who utilize the Relative Strength Index (RSI) to guide their trading decisions. This EA

50 USD

Short Description: FTMO Protector PRO MT4 is an EA designed to protect your funded account by managing risk and ensuring compliance with the Prop Firm's trading rules. This EA automatically monitors equity levels, closes trades when profit targets or drawdown limits are reached, and provides a visual display of key account metrics. EA w orks with all different Prop Firm service providers. Overview: FTMO Protector PRO MT4 is an Drawdown Safeguard Expert Advisor meticulously crafted for traders

50 USD

Overview: The Drawdown Control Limiter MT4 is a robust and efficient tool designed for traders who aim to monitor and limit drawdown levels in their MetaTrader4 Live/Demo accounts. This Expert Advisor provides real-time tracking of drawdown percentages or amounts and automatically closes positions if the specified limits are exceeded, helping protect your capital. EA account drawdown protector is designed for normal trading Live and Demo accounts (not for Prop Firms) . Key Features: Customizab

30 USD

Range Breakout and Recovery MT4 is a sophisticated automated trading system that combines range breakout strategy with unique recovery functionality. This EA monitors price action during a specified time window, identifies the trading range, and automatically sets orders for potential breakouts. Key Features Dynamic Range Detection : Monitors and identifies price range during your specified time period Automated Order Management : Automatically sets Stop orders at range boundaries Flexible R

50 USD

Short Description: Prop Firm Protector EZ MT4 is an EA designed to protect your funded account by managing risk and ensuring compliance with the Prop Firm's trading rules. This EA automatically monitors equity levels, closes trades when profit targets or drawdown limits are reached, and provides a visual display of key account metrics. The EA features a Super Easy setup, is simple to use, and works with all different Prop Firm service providers. Overview: Prop Firm Protector EZ MT4 is an Draw

50 USD

Short Description: Prop Firm Protector EZ MT5 is an EA designed to protect your funded account by managing risk and ensuring compliance with the Prop Firm's trading rules. This EA automatically monitors equity levels, closes trades when profit targets or drawdown limits are reached, and provides a visual display of key account metrics. The EA features a Super Easy setup, is simple to use, and works with all different Prop Firm service providers. Overview: Prop Firm Protector EZ MT5 is an Draw

50 USD

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FTMO Protector PRO MT5

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