Phoenix Drawdown Meter

Phoenix Drawdown Meter (MT5)
Real-time drawdown monitoring tool for MetaTrader 5. Displays live account drawdown percentage on your chart to help traders manage risk and avoid breaching account limits.


Purpose
Drawdown is the most critical risk metric for traders operating prop firm accounts or strict risk-managed portfolios. Exceeding drawdown limits can invalidate accounts or eliminate weeks of progress.


The Phoenix Drawdown Meter provides constant visibility of current drawdown based on broker server equity and balance data. The meter updates automatically as price and positions fluctuate, allowing traders to react early and reduce exposure before limits are breached.


Installation
Download from MQL5 Market and attach to any chart. The meter appears immediately and requires no configuration.


Requirements
MetaTrader 5 build 3280 or higher. This is an Expert Advisor that must run on a chart. Displays drawdown for the current account only using live equity data.


Feedback & Reviews
If you find this tool useful, please consider leaving a 5-star review on MQL5. Your feedback directly shapes future Phoenix updates, improvements, and new tools — we build more of what traders actually value.


Support
Lifetime support via MQL5 Private Message. Response within 24 hours.
Developed by Phoenix Global Investments Ltd © 2025 Phoenix Global Investments Ltd. All rights reserved.

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Phoenix Candlestick Pattern Monitor
PHOENIX GLOBAL INVESTMENTS LTD
Phoenix Candlestick Pattern Monitor (MT5) Real-time candlestick pattern detection and monitoring tool for MetaTrader 5. Automatically identifies classic candlestick patterns across multiple symbols and displays comprehensive pattern statistics through a visual dashboard. Overview Phoenix Candlestick Pattern Monitor detects and tracks Doji, Hammer, Shooting Star, Bullish Engulfing, Bearish Engulfing, Morning Star, Evening Star, Three White Soldiers, and Three Black Crows patterns. The system
FREE
Phoenix ATR Volatility Meter
PHOENIX GLOBAL INVESTMENTS LTD
Phoenix ATR Volatility Meter (MT5) Real-time volatility monitoring tool for MetaTrader 5. Uses Average True Range (ATR) to display current market volatility on your chart. Purpose Market volatility directly impacts stop placement, position sizing, slippage, and strategy effectiveness. Trading without awareness of volatility often leads to oversized risk in fast markets or wasted opportunities in quiet conditions. The Phoenix ATR Volatility Meter calculates ATR using current chart data and d
FREE
Phoenix Moving Average Meter
PHOENIX GLOBAL INVESTMENTS LTD
Phoenix Moving Average Meter (MT5) Professional moving average trend analysis and visualization tool for MetaTrader 5. Combines intelligent slope analysis, cloud width measurement, and regime classification into a clean, real-time dashboard. Overview Phoenix Moving Average Meter analyzes the relationship between a fast and slow moving average to determine trend direction, strength, and maturity. The indicator continuously monitors MA slope angle, cloud width expansion or contraction, and time s
FREE
Phoenix Breakeven Button
PHOENIX GLOBAL INVESTMENTS LTD
Phoenix Breakeven Button (MT5) One-click stop loss adjustment tool for MetaTrader 5. Moves all open positions to breakeven with a single button press, eliminating downside risk once trades are in profit. Purpose Manually adjusting stop losses across multiple positions during active trades wastes time and creates hesitation. The Phoenix Breakeven Button provides instant risk protection, allowing traders to lock in safety with one click once price moves favorably. When pressed, the tool ident
FREE
Phoenix Magic Number Dashboard
PHOENIX GLOBAL INVESTMENTS LTD
Phoenix Magic Number Dashboard (MT5)   Real-time multi-EA monitoring dashboard for MetaTrader 5. Tracks multiple Expert Advisors simultaneously using magic numbers, displaying live open and closed profit/loss for each strategy.   Purpose   Running multiple Expert Advisors without consolidated oversight creates blind spots in risk, performance, and exposure. Monitoring EAs individually wastes time and increases the chance of missed drawdown or silent failures.   The Phoenix Magic Number Dashboar
FREE
Phoenix Spread Panel
PHOENIX GLOBAL INVESTMENTS LTD
Phoenix Spread Panel (MT5)   Real-time spread monitoring panel for MetaTrader 5. Displays current bid/ask spread in points on your chart.   Purpose   Spread expansion is one of the most overlooked sources of trading losses. During low liquidity, rollovers, news events, or volatile conditions, spreads can widen dramatically — turning otherwise valid trades into instant drawdowns.   The Phoenix Spread Panel provides constant, real-time visibility of spread cost, allowing traders to make informed
FREE
Currency Strength Suite
PHOENIX GLOBAL INVESTMENTS LTD
Gold & Currency Strength Suite (MT5) Professional 7-tab dashboard for real-time currency strength analysis, correlation tracking, and session-based trading intelligence across 8 currencies plus Gold. Overview Currency Strength Suite provides comprehensive multi-currency analysis through seven specialized panels: Strength Meter, Session Performance, Pair Scanner, Analysis Tab, Correlation Matrix, Correlation Clusters, and Settings. The system tracks strength on a -10 to +10 scale using RSI mom
Phoenix Trend Strength Suite
PHOENIX GLOBAL INVESTMENTS LTD
Phoenix Trend Strength Suite (MT5) Professional multi-timeframe trend analysis system for MetaTrader 5. Combines trend direction detection with strength classification across nine timeframes, displaying comprehensive trend metrics through dual visualization modes: dashboard panel and histogram overlay. Overview Phoenix Trend Strength Suite analyzes trend across M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes simultaneously using ADX-based strength measurement and moving average directio
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