Prop Guardian

Prop Guardian Pro – Advanced Drawdown Manager With EA Killer

Prop Guardian Pro is a comprehensive risk manager utility specifically designed for professional traders and Prop Firm candidates (FTMO, MFF, The5ers, etc.). It acts as a strict risk desk manager, ensuring you never violate your drawdown limits.

Prop Guardian Pro goes beyond simple risk management by incorporating a "Psycho-Manager" engine. When a limit is hit, it stops trading and displays smart motivational messages to help prevent revenge trading and maintain a professional mindset.

Killer Mode: The Ultimate Fail-Safe

Most risk managers close trades, but other EAs might immediately reopen them. The optional Killer Mode prevents this. If enabled, it immediately removes all other Expert Advisors from all open charts as soon as a limit is breached. This ensures your account is frozen in safety and prevents any further trading activity.

Key Features

  • Multi-Timeframe Protection: Monitors equity across Daily, Weekly, and Monthly limits simultaneously. Daily limits reset automatically at the start of the new server day.

  • Flexible Calculation: Supports both Percentage (%) and fixed Currency ($) calculation modes based on your Prop Firm rules.

  • Dynamic Dashboard: A clear, responsive interface that automatically resizes based on your chart window. It displays Current P/L, Max Recorded Drawdown, and a Countdown Timer for trading limit resets.

  • Smart State-Saver: Protects data during VPS restarts or MT4 crashes. The EA saves Start Equity and Drawdown Records to a secure file to ensure continuity.

  • Notification System: Sends alerts via Mobile Push Notifications, Emails, and Pop-ups when limits are approaching or breached.

Psycho-Manager Engine

Trading is largely psychological. When a Daily Loss limit is hit, traders are vulnerable to emotional decisions.

  • This tool displays professional advice on the dashboard when a limit is reached.

  • Messages rotate every 15 seconds to keep you grounded.

  • Specific messages exist for both Loss Limits (to calm you) and Profit Targets (to prevent greed).

Input Parameters

Limit Settings

  • CalculationMode: Choose between Percentage or Currency.

  • DailyDrawdownLimit: Max allowed loss for the day.

  • DailyProfitTarget: Target to lock in profits for the day.

  • Weekly/Monthly Inputs: Settings for longer-term protection.

Actions and Alerts

  • CloseTradesOnHit: If true, closes all market execution trades immediately.

  • DeletePendingOnHit: If true, deletes all Limit/Stop orders.

  • SendPushNotification: Sends alerts to the MT4 Mobile App.

  • EnableKillerMode: If enabled, removes all other EAs from all charts when a limit is hit.

Dashboard Settings

  • ColorSettings: Customizable colors for Background, Header, Text, Profit, and Loss.

How to Use

  1. Open one empty chart (e.g., EURUSD H1).

  2. Attach Prop Guardian Pro.

  3. Set your Drawdown Limits (e.g., Daily 4%, Monthly 10%).

  4. Enable KillerMode if you use other automated trading bots.

Live Results and Recommendations

For a fully automated strategy that works well alongside this risk manager, you can view our verified monitoring results here:

https://www.mql5.com/en/signals/2345882


Support If you have any questions, please post them in the Comments section or send a direct message via MQL5 profile.


Trade safe. Trade smart.

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Price Action DashBoard
Chantal Sala
4.17 (6)
Utilities
The Price Action Dashboard is an innovative tool to help the trader to control a large number of financial instruments. This tool is designed to automatically suggest signals and price conditions. The Dashboard analyzes all major Time Frame suggesting price action conditions with graphic elements. The Dashboard can suggest you the strength of the trend identifying directional movement, it is an indispensable tool for those who want to open position themselves using market trends identifiers. The
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Siarhei Vashchylka
5 (9)
Utilities
Trading History - A program for trading and money management on the history of quotes in stratagy tester. It can work with pending and immediate orders, and is equipped with trailing stop, breakeven and take profit functions. Very good for training and testing different strategies. Manual (Be sure to read before purchasing) Advantages 1. Allows you to test any trading strategy in the shortest possible time 2. An excellent simulator for trading training. You can gain months of trading experience
Shepherd Safety EA
AW Trading Software Limited
4.92 (13)
Utilities
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Makarii Gubaydullin
4.76 (21)
Utilities
Multifunctional tool: Lot Calculator, Grid Orders, R/R ratio, Trade Manager, Supply and Demand zones, Price Action and much more Demo version   |   User manual Trade Assistant   doesn't work in the strategy tester: you can download the Demo Version HERE  to test the utility . Contact me for any questions  / ideas for improvement / in case of a bug found If you need a MT5 version, it is available   here Simplify, speed up and automate your trading process . Expand the standard terminal capabilit
Az OrderGun
Jose Antonio Valle Magana
Utilities
AZ_OrderGun MT4 - Professional 1-Click Trading Panel AZ_OrderGun is the all-in-one panel to execute and manage your trades without wasting time setting up SL/TP. KEY FEATURES: 1. 4 INSTANT ENTRIES: Buy SLL - Buy with SL on Low of previous candle Sell SLH - Sell with SL on High of previous candle Buy SLO / Sell SLO - SL on Open of previous candle > Fully configurable % Risk 2. ADVANCED VISUAL MANAGEMENT: Draggable lines for Pending and Market orders Auto calculation of Lot Size, $ Ri
RS Trade Copier
Boris Sedov
5 (1)
Utilities
RS Trade Copier - the ultra-fast local trade copier with a real graphical interface. Stop typing account numbers manually. No more 200+ cryptic inputs. A reliable and flexible tool for copying trading operations between multiple MT4 and MT5 terminals. It suits experienced traders, signal providers, and individual investors. It enables trade synchronization from one or multiple Providers to one or multiple Clients with high precision and minimal latency. It supports simple automatic configuration
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Sergio Marquez Uroz
5 (4)
Utilities
Telegram to MT4 Multi-Channel Copier   automatically copies trading signals from your Telegram and Discord channels straight to MetaTrader 4. No bots, no browser extensions, no manual copying. A signal arrives in Telegram or Discord and the EA opens the trade in your terminal within seconds. And before you copy a channel, the built-in backtester shows you what that channel would have done in your account. The product has two components: a Windows application that listens to your Telegram channel
Rhino Drawing Tools MT4
Sandro Begashvili
Utilities
Rhino Chart Drawing Tools provides a TradingView-style drawing workflow for MetaTrader 4. It includes 54 drawing tools , a customizable toolbar, Favorites, quick styling, object settings, templates and an object manager. User manual: How to use the product Free demo version: Download the demo MetaTrader 5 version: Rhino Drawing Tools for MT5 Drawing Tools Group Object List Lines Trend line, ray, extended line, horizontal line, vertical line, horizontal ray, cross line, trend angle, arrow, path
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