Drawdown Protector Expert

1. Select Daily Drawdown Limit account day starting balance percentage.

2. Select Limit Reset time (broker server time).


DD Protector V1.1 is a specialized Expert Advisor (EA) designed for the MetaTrader 5 (MT5) platform, focusing on risk management in forex and propfirm brokers trading. It acts as a safeguard by monitoring your account's daily drawdown— the percentage decline in equity from the starting balance of the day—and automatically intervenes to prevent excessive losses. Key functionalities include:

  • Customizable Drawdown Limit: You set a maximum daily drawdown percentage (e.g., 5%) based on the account's starting balance at the reset time.
  • Trade Closure on Limit Breach: If the drawdown reaches or exceeds your set limit, the EA immediately closes all open trades to lock in the current state and stop further losses.
  • Trading Disablement: Once the limit is hit, it prevents new trades from being opened by instantly closing any that attempt to execute, effectively pausing all trading activity for the day.
  • Daily Reset with User-Defined Time: The EA resets automatically at a time you specify (e.g., midnight broker time or any custom hour/minute), recalculating the starting balance and reenabling normal trading. This ensures ongoing protection while handling trades carried over from previous days under the new daily limit.

This EA benefits traders by providing robust drawdown protection, which is crucial for preserving capital in volatile markets. It helps mitigate emotional decision-making during losing streaks, enforces discipline through automated rules, and reduces the risk of account blowouts—potentially saving significant funds over time. Ideal for both novice and experienced traders, it promotes sustainable trading strategies, allowing you to focus on analysis and execution while the EA handles the safety net, ultimately improving long-term profitability and peace of mind.


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VirtualTradePad One Click Trading Panel
Vladislav Andruschenko
4.59 (74)
Utilities
Trading Panel for MetaTrader 5 — professional one-click trading from chart and keyboard A powerful trading panel for active manual trading, designed to open, manage, and close trades far faster and more efficiently than the standard MetaTrader interface. This panel is built for traders who want full control over positions, pending orders, profit management, and trading execution inside one professional workspace. This is not just another utility. It is a complete trading cockpit for MetaTrader
Ultimate Extractor
Clifton Creath
5 (8)
Utilities
Ultimate Extractor - Professional Trading Analytics for MT5 *****this is the local HTML version of Ultimate Extractor. !!!!!it is not compatible with Cloud!!!! For the online version please reach out to me directly****** Ultimate EA manager also now available when you use cloud pro and above for free!! Ultimate Extractor transforms your MetaTrader 5 trading history into actionable insights with comprehensive analytics, interactive charts, and real-time performance tracking. What It Does Automa
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Gold Precision EA
Muhammad Irfan
Experts
Gold Precision EA – Intelligent XAUUSD Trading with Precision & Control Works on 5 Minutes timeframe. For Prop Firms and personal capital, Lowest drawdown.   Gold Precision    EA  is a cutting-edge  MT5 Expert Advisor  built for  trading XAUUSD (Gold)  with precision and efficiency. Designed for traders who want  consistent profits, controlled risk, and a fully automated trading experience , this EA applies a  5-candle pattern strategy  with additional price-action filters to ensure only the
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