Drawdown Guardian Pro

Drawdown Guardian Pro - Your Comprehensive Account Protector for MT5!

Protect your capital from unforeseen risks and catastrophic losses! "Drawdown Guardian Pro" is a powerful and flexible proactive risk management tool for MetaTrader 5. It continuously analyzes your account's status and automatically applies configured safety measures when critical drawdown limits, equity levels are reached, or when trading occurs outside allowed times. An indispensable assistant for controlling automated trading systems (other EAs), disciplining manual trading, and preserving your deposit in uncertain market conditions.

Why Drawdown Guardian Pro?

This Expert Advisor goes beyond simple monitoring. It offers unique capabilities for visual risk control and emergency response, providing a deep level of protection for your account.

Key Features & Settings):

• Flexible Drawdown Monitoring:

  • Fixed Drawdown: Control daily (Daily) or overall (Overall) drawdown calculated from peak equity (From_Peak_Equity) or the start-of-day balance (From_Start_Balance). Set thresholds by percentage (Percentage), account currency (Account_Currency), or whichever comes first (Both).

  • Trailing Drawdown: Protect achieved profits by setting a drawdown limit from the highest equity peak reached since launch/reset (Enable Trailing Drawdown Monitoring).

• Absolute Equity Level Control:

  • Set a  Minimum Equity Level below which protection triggers, and a  Maximum Equity Level for potential profit-taking or other actions.

• Advanced Time Filter:

  • Restrict EA operation and trading to specific hours (Allowed Hours) and weekdays (Allowed Weekdays), using either server time (Server_Time) or local time (Local_Time).

  • Define the action taken outside allowed hours (Action Outside Allowed Hours): do nothing, block new trades, or close all positions.

• Innovative Dynamic Risk Visualization:

  • Enable Enable Risk Visualization, and your  chart transforms into a risk dashboard! The background color dynamically changes (from Normal to Warning, Critical, Extreme, Blocked), signaling proximity to limit breaches.

  • A large  central text message displays the current status, drawdown level, buffer remaining to the limit, and the planned action, instantly grabbing your attention. Customize colors and percentage thresholds (Warning/Critical/Extreme Percent). Optional blinking (Enable Blinking) for critical states.

• Various Response Modes (Action Mode on Limit Hit):

  • Choose exactly what the EA does when a limit is hit: Close_All (close all managed positions), Close_Lossing_Only, Close_Profitable_Only, Block_Only (don't close, just block new trades), or Notify_Only (only send alerts, requires your reaction).

• Protection Against New Trades:

  • Pending Order Deletion (Delete Pending Orders on Limit Hit): Automatically delete managed pending orders when a limit is triggered to prevent new positions from opening at a risky moment.

  • Active Post-Blocking: After a limit trigger or time block, the EA will automatically close any new market trades opened with the managed Magic Number/symbol.

• Emergency Safety Measures (Use with Caution!):

  • Close Other Charts (Close Other Charts on Limit Hit): In a critical situation, after forcibly closing all positions, the EA can close all other open charts, potentially stopping other EAs.

  • Close Terminal (Close Terminal on Limit Hit): As a last resort, after forcibly closing all positions, the EA can completely shut down the MetaTrader 5 terminal.  Warning: This action immediately stops ALL trading and monitoring! Use only in extreme emergencies!

• Detailed Statistics & Control:

  • Information Panel: Always visible on the chart (Show Detailed Stats Panel), showing current drawdowns, equity/balance peaks, commission/swap losses (Show Commissions/Losses), and a counter for trades blocked post-trigger (Show Blocked Attempts Counter).

  • Filtering: Manage only specific positions using filters by Magic Number and/or symbol (Apply Actions to All Symbols).

  • Manual Buttons (Show Control Buttons): Unblock trading (Unblock Trading) or reset daily stats and block status (Reset Daily Stats) with a single click.

• Notifications & Optimization:

  • Receive instant notifications via Alerts, Push notifications to mobile, Sound alerts, or detailed Journal logs (Enable Journal Logs).

  • Choose the monitoring mode: on every tick (On_Tick) for maximum precision or via a timer (On_Timer) to save resource

Free Future Updates: We provide all new updates for free. The most recent version is always available for download directly from the MT5 platform.

"Drawdown Guardian Pro" is your reliable assistant in the trading world, offering deep risk control, unique visualization, and powerful protective measures, including emergency actions. Invest in the safety of your capital today!