Lot Guard

Lot Guard v1.00 is a lightweight and easy-to-use Expert Advisor (utility) designed to protect your account from trades that exceed a specified maximum lot size. Ideal for both beginner and professional traders, it helps you manage risk automatically without constant supervision.

It's a great product for prop firm accounts if you are afraid that your EA (or the firm :) can open by error a big lot size and you can exceed the maximum daily drawdown allowed.

This EA works in real-time to monitor all trades that your EA opens. If it detects that your EA opens a trade exceeding the defined maximum lot size, it will close the trade automatically and log the action.

With optional magic number filtering, you can target specific trades while ignoring others. A simple on-screen panel displays important information.

Key Features:

  • Automatic closing of trades above your defined lot size

  • Optional magic number filter to manage specific trades only

  • Real-time monitoring of open trades

  • On-screen information panel for quick overview

  • Market-ready: fully compliant with MQL5 Market rules

  • Lightweight and minimal CPU usage

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    VERY EASY TO USE. PERFECT TO HELP YOU TO AVOID REACHING THE DAILY LOSS LIMIT ON YOUR PROP FIRM ACCOUNT OR ON YOUR PERSONAL ACCOUNT IN CASE YOUR EA GETS OUT OF CONTROL AND STARTS OPENING HIGH LOT SIZES OR SIMPLY IF MARKET WILL GO WILD. Product Description: Name: Daily Loss and DD Protector Use:  This EA tracks and display on the monitor your daily loss (considering profits also) and stops trading when the floating drawdown + loss reaches a value determined by the user in its input parameters. Fu
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