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PGuard Basic

FREE

Published: 21 February 2026

Current version: 1.70

PGuard Basic

Utilities
Richard Heronimus Oehmig Kuhn
Richard Heronimus Oehmig Kuhn
Germany

660
5 (1)
5 products 1 comment
Version: 1.70
Updated: 7 March 2026

The Free Drawdown Dashboard Built for Prop Firm Traders

PGuard Basic is the first free Drawdown Dashboard and Lot Calculator designed specifically for Prop Firm Traders on MetaTrader 5. Monitor your Daily and Overall Drawdown in real time, calculate the perfect lot size for every trade, and see the exact impact on your remaining drawdown budget before you open a position. Built for FTMO, Apex Trader Funding, Funding Pips, and any other Prop Firm with configurable Custom Presets.

Most traders fail funded account challenges not because of bad strategy — but because they lose track of their drawdown. One emotional trade, one miscalculated position size, and the account is gone. PGuard Basic solves this by putting your drawdown status front and center on every chart, every session, every trade.

🛡 Why PGuard Basic?

Prop Firm Challenges have strict drawdown rules. FTMO allows only 5% daily and 10% overall drawdown. Apex Trader Funding uses trailing drawdown. Funding Pips calculates on balance. Every firm is different — and manual tracking with spreadsheets or mental math is the number one reason traders blow funded accounts.

PGuard Basic gives you a professional-grade drawdown monitoring dashboard directly on your MetaTrader 5 chart. No external tools, no browser tabs, no manual calculations. Just clear, real-time data exactly where you need it — next to your price action.

⭐ Unique Feature: Pre-Trade Drawdown Impact Preview

This is the feature that no other free tool on the MQL5 Market offers. Before you open any trade, PGuard Basic shows you exactly how much of your drawdown budget that trade would consume if the stop loss is hit. You see the projected drawdown percentage, the dollar amount at risk, and how close the trade would bring you to your daily or overall limit.

Example: Your FTMO account has 5% daily drawdown. You have already used 2.1%. PGuard Basic shows: "If SL hit: DD +1.4% → 3.5% / 5.0% (70% used)" — so you know instantly whether this trade fits within your risk budget. This single feature has prevented countless account violations for traders who use it consistently.

📊 Live Drawdown Monitoring

PGuard Basic tracks two drawdown metrics simultaneously in real time:

Daily Drawdown: Calculated from your equity at midnight server time (the method used by most prop firms including FTMO). The dashboard shows a visual progress bar that fills up as your daily loss increases, with clear color coding — green for safe zone, yellow for warning zone, and red for critical zone approaching your limit.

Overall Drawdown: Tracked from your initial account balance or highest equity (depending on your firm's rules). This gives you the big-picture view of how close you are to violating the maximum loss rule that would end your challenge or funded account.

Both metrics update on every tick when positions are open. The dashboard shows the exact dollar amount lost, the percentage used, and the remaining budget in both dollars and percent. No guessing, no mental math, no surprises at the end of the trading day.

💰 Professional Lot Size Calculator

Calculate the correct position size for any instrument in seconds. PGuard Basic supports two risk modes:

Percentage Mode: Risk a fixed percentage of your account equity per trade. Set 1% risk and PGuard calculates the exact lot size based on your stop loss distance, the instrument's tick value, and your account currency. The calculation works correctly for Forex pairs, Gold (XAUUSD), Silver, Indices (US30, NAS100, GER40), Crypto (BTCUSD, ETHUSD), and any other CFD instrument.

Dollar Mode: Risk a fixed dollar amount per trade. If your prop firm allows maximum $500 risk per trade, enter $500 and PGuard calculates the matching lot size regardless of the instrument or stop loss distance.

The lot size is automatically rounded to the symbol's lot step (VOLUME_STEP) and clamped between minimum and maximum lot sizes (VOLUME_MIN / VOLUME_MAX). Margin requirements are validated before any calculation is displayed. PGuard Basic uses the native OrderCalcProfit() function as a fallback for cross-currency pairs and exotic instruments where simple tick-value calculations would produce incorrect results.

📈 Visual Chart Lines with Live Risk Display

PGuard Basic places three draggable horizontal lines on your chart: Entry (blue), Stop Loss (red), and Take Profit (green). As you drag any line, the risk calculation updates in real time on the dashboard panel. This gives you an intuitive, visual way to plan your trade setup directly on the price chart.

The system automatically detects the trade direction from line positions. If the Stop Loss is below the Entry line, PGuard recognizes a BUY setup. If the Stop Loss is above Entry, it switches to SELL. No manual selection required.

Pip distances between Entry and SL, as well as Entry and TP, are displayed next to each line. The Risk-to-Reward Ratio updates automatically as you adjust the Take Profit line. Quick-select presets for common R:R ratios (1:1, 1:2, 1:3) let you set your Take Profit with a single click — the TP line moves to the calculated level instantly.

🏢 Prop Firm Presets

PGuard Basic ships with built-in configurations for the most popular prop firms:

FTMO (Challenge & Funded): 5% daily drawdown, 10% overall drawdown, equity-based calculation, reset at 00:00 CE(S)T. PGuard Basic reads the correct midnight equity reference point and calculates daily drawdown exactly as FTMO does — including unrealized floating losses.

Apex Trader Funding: Trailing drawdown model based on the highest equity reached. PGuard Basic tracks the high-water mark and shows remaining drawdown distance from peak equity. Apex uses 17:00 ET as reset time — PGuard adjusts automatically.

Funding Pips: 5% daily drawdown, 10% overall drawdown, balance-based calculation, reset at 00:00 UTC. Balance-based means only closed trades count for daily drawdown — PGuard shows both realized and unrealized calculations so you always have the complete picture.

Custom Preset: For any prop firm not listed above. Configure daily drawdown percentage, overall drawdown percentage, initial balance, reset time (HH:MM), and drawdown model (equity-based or balance-based). This makes PGuard Basic compatible with every prop firm on the market — including The5ers, FundedNext, TrueForex, E8 Funding, SurgeTrader, and any future firm.

🎨 Modern Canvas-Based Dashboard

PGuard Basic features a professionally designed dashboard rendered entirely with the MQL5 Canvas library. The dark theme with glassmorphism-inspired visual elements creates a clean, modern interface that is immediately distinguishable from standard MetaTrader panels and basic label-based tools.

The dashboard displays all critical information at a glance: Account balance and equity, current drawdown status with color-coded progress bars, the lot calculator result with dollar risk and R:R ratio, prop firm preset selection, and the Pre-Trade DD Impact Preview. The panel is compact and does not obstruct your chart analysis. Panel position is saved between sessions via GlobalVariables — it remembers where you placed it even after restarting MetaTrader.

⚙ Risk Warning System

PGuard Basic includes a three-tier risk warning system that alerts you when your per-trade risk exceeds safe thresholds:

Normal (Green): Risk is within acceptable parameters. The panel displays risk values in standard colors. No intervention needed.

Warning (Yellow): Risk exceeds the warning threshold (default: 2% of account). The risk display changes color and a visual warning indicator appears on the panel. This is your signal to double-check the position size before proceeding.

Critical (Red): Risk exceeds the critical threshold (default: 5% of account). The entire risk field pulses red as a clear danger signal. A hard cap at 10% prevents any calculation beyond extremely dangerous risk levels. These thresholds are the safety net that prevents fat-finger errors and emotional overtrading.

📋 Complete Feature List

Real-time Daily Drawdown monitoring (equity-based, as used by FTMO)
Real-time Overall Drawdown monitoring (balance or equity-based)
Pre-Trade Drawdown Impact Preview (unique to PGuard)
Visual drawdown progress bars with color-coded zones
Professional lot size calculator (percentage and dollar modes)
Cross-currency and exotic instrument support via OrderCalcProfit()
Draggable Entry, Stop Loss, and Take Profit chart lines
Automatic trade direction detection from line positions
Risk-to-Reward ratio display with 1:1, 1:2, 1:3 quick presets
Prop Firm presets: FTMO, Apex Trader Funding, Funding Pips
Custom preset for any prop firm with configurable rules
Three-tier risk warning system (normal, warning, critical)
Hard cap risk protection (10% maximum risk per trade)
Account information display (balance, equity, free margin)
Canvas-based dark theme dashboard with glassmorphism design
Panel position persistence across MetaTrader restarts
Built-in self-test framework for system validation
Compatible with all symbols: Forex, Gold, Silver, Indices, Crypto, CFDs
Works on all timeframes from M1 to Monthly
Hedging and Netting account support
Strategy Tester compatible (visual mode)
No DLL imports — 100% native MQL5 code

🎯 Who Is PGuard Basic For?

Prop Firm Challenge Traders: You are in an FTMO Challenge, Apex Evaluation, or Funding Pips Assessment and cannot afford to lose the account to a drawdown violation. PGuard Basic gives you real-time visibility into your remaining drawdown budget so every trade is calculated and deliberate — not emotional and risky.

Funded Account Traders: You passed the challenge and now manage a funded account. The stakes are higher because a drawdown violation means losing the payout and the account. PGuard Basic monitors your daily and overall limits continuously so you can focus on trading rather than calculating in your head.

Risk-Conscious Retail Traders: Even without a prop firm, PGuard Basic is a professional risk management tool. The lot calculator, chart lines, and risk warning system help you maintain consistent position sizing and avoid the common mistake of taking oversized positions after a losing streak.

Traders Switching Between Firms: If you trade multiple prop firm accounts (e.g., FTMO and Apex simultaneously), switching between drawdown rules is confusing and error-prone. PGuard Basic's firm presets let you swap configurations with a single click — no mental recalculation needed when moving between different accounts and rule sets.

💡 Trading Scenarios Where PGuard Basic Prevents Account Violations

Scenario 1 — The Morning Drawdown Trap: You open MetaTrader at 8:00 AM and see a great setup on EURUSD. You enter a 2% risk trade. Two hours later, another setup on GBPJPY — 2% risk again. Then Gold shows a breakout — 2% risk. By noon, you have three positions running with a combined worst-case drawdown of 6% — exceeding your FTMO 5% daily limit if all stop losses hit. Without PGuard Basic, you would only realize this when checking your balance. With PGuard Basic, the Pre-Trade DD Impact Preview warns you before the third trade: "If SL hit: DD +2.0% → 6.1% / 5.0% — EXCEEDS DAILY LIMIT." The trade is flagged before you risk your account.

Scenario 2 — The Lot Size Miscalculation: You want to trade NAS100 with a 50-point stop loss and 1% risk. NAS100 has a contract size and tick value that differs significantly from Forex pairs. Mental calculation leads to overestimation — you enter 3 lots instead of the correct 1.8 lots. The trade loses, and the actual loss is 1.7% instead of 1%. After three such trades in a week, the accumulated error pushes you over the overall drawdown limit. PGuard Basic's cross-currency calculator would have shown the correct lot size instantly.

Scenario 3 — The Equity vs. Balance Confusion: Your FTMO account shows $100,000 balance after a profitable morning session. You take a swing trade and go to sleep. Overnight, the position moves against you — equity drops to $96,000. When midnight server time hits, FTMO captures the equity at $96,000 as the new daily reference. Your actual daily drawdown budget is now based on $96,000, not $100,000. Many traders miss this distinction. PGuard Basic captures midnight equity automatically via GlobalVariable and shows the correct drawdown calculation from the actual reference point.

🔍 How PGuard Basic Compares to Other Free Tools

The MQL5 Market has many free lot calculators and trade panels. However, none of them combine a position size calculator with live drawdown monitoring and pre-trade drawdown impact analysis. Here is what sets PGuard Basic apart:

Versus standard lot calculators: Free lot calculators calculate position size but show nothing about your drawdown status. You get the right lot size but have no idea whether the trade fits within your daily or overall drawdown budget. PGuard Basic combines both into a single dashboard — lot size AND drawdown context for every trade setup.

Versus generic trade panels: Free trade panels offer one-click execution but ignore prop firm rules entirely. They do not know what FTMO's equity-based drawdown means, they do not track midnight equity, and they do not warn you when a trade would push you over the limit. PGuard Basic is purpose-built for the prop firm workflow.

Versus paid drawdown limiters: Paid drawdown protection tools (typically $50 to $100) close positions automatically when limits are hit. PGuard Basic takes a different approach: it gives you complete drawdown visibility so you can make informed decisions before entering a trade — prevention through awareness rather than reactive position closing. For automatic protection, upgrade to PropGuard OS.

🔧 Input Parameters

Risk Mode — Choose between percentage-based risk or fixed dollar amount per trade
Risk Value — Default risk per trade (default: 1.0%)
Firm Preset — Select your prop firm (FTMO, Apex, Funding Pips) or choose Custom
Daily DD Limit (%) — Daily drawdown percentage limit for Custom preset
Overall DD Limit (%) — Overall drawdown percentage limit for Custom preset
Initial Balance ($) — Starting balance for drawdown calculations
DD Model — Equity-based or balance-based drawdown calculation
Reset Time — Daily drawdown reset time (server timezone)
Magic Number — Unique identifier for order management
Run Self-Test — Execute the built-in diagnostic system check

💻 System Requirements

MetaTrader 5 (any broker)
Hedging or Netting account mode
Algo Trading enabled in terminal settings
Works on all timeframes and all symbols
No external dependencies or DLL files
Minimum chart size: 340 x 460 pixels

🧪 Testing

You can test PGuard Basic in the MetaTrader 5 Strategy Tester using Visual Mode. Attach the utility to a chart, enable the panel, and explore the drawdown monitoring, lot calculator, and chart lines with simulated data. This allows you to evaluate the complete interface and all calculations before using the tool on a live or demo prop firm account.

PGuard Basic includes a built-in self-test framework. Enable the "Run Self-Test" input parameter to execute the diagnostic suite. The system validates lot calculations, drawdown computations, risk warning thresholds, R:R preset logic, and chart line functionality. All tests must pass with status PASS in the Experts tab.

📦 Installation

Download PGuard Basic from the MQL5 Market. The file is automatically placed in your MetaTrader 5 data folder. Open any chart, click "Insert" → "Expert Advisors" and select PGuard Basic. The dashboard panel appears immediately. Select your prop firm from the dropdown, set your preferred risk level, and you are ready to trade with full drawdown visibility.

Make sure "Algo Trading" is enabled in your MetaTrader 5 terminal settings (Tools → Options → Expert Advisors → Allow Algo Trading). PGuard Basic needs this permission to access account data and manage chart objects.

🚀 Looking for Automatic Protection?

PGuard Basic shows you the danger — PropGuard OS prevents it automatically. If you want your trades to be automatically closed when drawdown limits are reached, automatic lockout when the daily limit is hit, pre-trade validation that blocks dangerous trades before execution, SL Guard that warns you when you widen your stop loss emotionally, one-click break-even, partial close, and trailing stop — then check out PropGuard OS in the MQL5 Market. It includes everything in PGuard Basic plus a complete Compliance Engine, Trade Execution panel, and Psychological Protection features.

Search for PropGuard OS in the MQL5 Market or visit the link in the screenshots section.

❓ Frequently Asked Questions

Does PGuard Basic place trades automatically?
No. PGuard Basic is a risk management dashboard and lot calculator. It monitors your drawdown and calculates position sizes, but all trading decisions and order execution are made by you. For automatic trade execution and compliance protection, see PropGuard OS.

Does it work with my prop firm?
Yes. PGuard Basic supports FTMO, Apex Trader Funding, and Funding Pips out of the box. For any other firm, use the Custom Preset and enter your firm's specific rules (daily DD %, overall DD %, reset time, DD model). This makes PGuard compatible with every prop firm in the market.

Is the drawdown calculation accurate?
PGuard Basic calculates daily drawdown from midnight equity — the same method used by FTMO and most major prop firms. The equity value at server midnight is captured via GlobalVariable and compared to current equity on every tick. This is more accurate than balance-based tools that ignore floating losses.

Does it work on Gold, Indices, and Crypto?
Yes. The lot calculator supports all instrument types: Forex pairs (Majors, Minors, Crosses), Metals (XAUUSD, XAGUSD), Indices (US30, NAS100, GER40, JP225), Crypto (BTCUSD, ETHUSD), and any other CFD. Cross-currency calculations use OrderCalcProfit() as a fallback to ensure correct results on every symbol.

Can I test it before using it on a live account?
Yes. PGuard Basic works in the MetaTrader 5 Strategy Tester (Visual Mode). You can evaluate all features with simulated data. We also recommend testing on a demo account before using it on your funded prop firm account.

Does it slow down my MetaTrader?
No. PGuard Basic uses an event-driven architecture. The dashboard only redraws when data changes (line movement, tick update, button click). There are no heavy calculations running on every tick. CPU usage is negligible even with multiple charts open.

What if my broker uses a different server timezone?
The Custom Preset allows you to configure the exact reset time for daily drawdown. Enter the time in server timezone format (HH:MM). PGuard Basic reads the server time via TimeCurrent() and resets the midnight equity reference at the configured time.

📝 Version History

Version 1.0 — Initial release. Drawdown Dashboard, Lot Calculator, Chart Lines, Firm Presets, Pre-Trade DD Impact Preview, Risk Warning System, Canvas-based UI, Self-Test Framework.

ℹ About the Developer

PGuard is developed and maintained by an active trader who understands the daily challenges of passing and maintaining prop firm accounts. Every feature in PGuard Basic was built to solve real problems that cost real money — missed drawdown limits, miscalculated position sizes, and emotional decisions made without data. If you have questions, feedback, or feature requests, please leave a comment on this product page or send a direct message. Your input directly shapes future updates.

⚠ Disclaimer

PGuard Basic is a risk management utility. It does not generate trading signals, does not execute trades automatically, and does not guarantee compliance with any prop firm's rules. All trading decisions and responsibility remain with the user. Past drawdown calculations depend on accurate midnight equity capture — ensure PGuard Basic is running on your chart during the daily reset time. Always verify critical drawdown levels with your prop firm's official dashboard.

📖 Best Practices for Prop Firm Trading with PGuard Basic

1. Always check the Pre-Trade DD Impact before opening a position. This is the single most important habit for passing prop firm challenges. If the projected drawdown exceeds 80% of your daily limit, reduce the position size or skip the trade entirely.

2. Set your Firm Preset before the trading session starts. Switch to the correct profile (FTMO, Apex, Funding Pips, or Custom) at the beginning of each session. This ensures all drawdown calculations reference the correct limits, reset times, and calculation models.

3. Keep PGuard Basic running during the daily reset window. The midnight equity capture depends on PGuard Basic being active on your chart when the server resets. If MetaTrader is closed at midnight, PGuard captures the equity on the next start — but the reference may be slightly different from what your prop firm recorded.

4. Use the Risk-to-Reward presets consistently. The 1:2 and 1:3 R:R presets help maintain a consistent trading approach. When your stop loss is set, click the R:R preset to automatically place the Take Profit at the correct level. This removes the temptation to set unrealistic take profit targets.

5. Trust the risk warnings. When PGuard Basic shows a yellow or red risk warning, take it seriously. The warning thresholds are calibrated to protect against common mistakes — oversized positions, accumulated risk from multiple trades, and emotional overtrading after losses.

🌐 Supported Prop Firms and Drawdown Models

PGuard Basic's Custom Preset system makes it compatible with virtually every prop firm in the industry. Here is a non-exhaustive list of firms that traders successfully use PGuard Basic with:

FTMO (Challenge, Verification, Funded) — Apex Trader Funding (Evaluation, Funded) — Funding Pips (Assessment, Funded) — The5ers (Hyper Growth, High Stakes) — FundedNext (Stellar Challenge, Express) — E8 Funding (Standard, Extended) — MyFundedFX (Challenge, Rapid) — True Forex Funds — SurgeTrader — Lux Trading Firm — City Traders Imperium — TopStep — OneUp Trader — Earn2Trade — BluFX — The Funded Trader — and many more.

If your prop firm is not listed in the presets, use the Custom configuration. Enter your firm's daily drawdown percentage, overall drawdown percentage, starting balance, reset time, and whether drawdown is calculated from equity or balance. The Custom Preset adapts to any rule set.

Keywords: prop firm risk manager, drawdown dashboard MT5, lot calculator MetaTrader 5, position size calculator free, FTMO drawdown tool, Apex Trader drawdown, Funding Pips calculator, daily drawdown monitor, equity drawdown tracker, prop firm challenge tool, funded account protection, pre-trade risk assessment, drawdown limiter free, risk calculator MT5, lot size calculator, prop firm EA free, trade panel utility MT5, drawdown compliance, prop firm trading tool, equity guard, MetaTrader risk management, funded trader utility

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Fibo Daily Channel Indicator The Indicator is a powerful tool for traders, providing precise daily support and resistance levels based on Fibonacci retracement and extension calculations. This indicator automatically draws key pivot points (PP, R1, R2, S1, S2) as well as additional extension levels (R3, R4, S3, S4), helping traders identify potential reversal and breakout zones with ease. It includes customizable alerts and push notifications, allowing traders to receive updates whenever the pr

30 USD

Welcome to HiperCube VIX Discount code for 25% off at Darwinex Zero: DWZ2328770MGM This indicator provide you a real info of market of volume of sp500 / us500 Definition HiperCube VIX known as the CBOE Volatility Index, is a widely recognized measure of market fear or stress . It signals the level of uncertainty and volatility in the stock market, using the S&P 500 index as a proxy for the broad market. The VIX Index is calculated based on the prices of options contracts on the S&P 500 inde

FREE

Price Magnet — Price Density and Attraction Levels Indicator Price Magnet is a professional analytical tool designed to identify key support and resistance levels based on statistical Price Density. The indicator analyzes a specified historical period and detects price levels where the market spent the most time. These zones act as “magnets,” attracting price action or forming a structural base for potential reversals. Unlike traditional Volume Profile tools, Price Magnet focuses on price-time d

89 USD

BerelzBridge Pro Read also comment sectie above for more. MT5-to-JSON data bridge for all timeframes with account information. Overview BerelzBridge Pro is an MT5 indicator that exports live market data to a JSON file on disk. It writes bid and ask prices, spread, tick volume, daily statistics, account information and OHLCV bars for all 9 timeframes. The file is updated at a configurable interval with a default of 2 seconds. The indicator runs alongside Expert Advisors on the same chart without

30 USD

BlueBoat – Prime Cycle is a technical indicator for MetaTrader 5 that visualizes market cycles based on the Fimathe cycle model (Marcelo Ferreira) . It identifies and displays historic and live cycle structures such as CA, C1, C2, C3, etc., helping traders understand the rhythm and timing of price movement across multiple sessions. This tool is ideal for manual analysis or as a supporting signal in discretionary strategies. Key Features Historical Cycle Analysis – Backtest and visualize as many

99 USD

Antabod Multiplier , the ultimate trading indicator designed to simplify your decision-making process and maximize your trading potential. Built with a robust combination of moving averages and stochastic oscillators, this tool provides clear, actionable signals for both buy and sell opportunities. The Antabod Multiplier stands out with its dynamic trend detection and precision filtering, giving you real-time visual signals to catch trend reversals and optimal entry/exit points with ease. Whethe

30 USD

It helps to calculate the risk per trade, the easy installation of a new order, order management with partial closing functions, trailing stop of 7 types and other useful functions. Additional materials and instructions Installation instructions - Application instructions - Trial version of the application for a demo account Line function - shows on the chart the Opening line, Stop Loss, Take Profit. With this function it is easy to set a new order and see its additional characteristics bef

100 USD

Trade Manager MT5 is an advanced position size calculator and trade management tool for MetaTrader 5, designed to help traders plan trades faster, control risk more precisely, and manage open positions directly from the chart. It combines order placement, risk based lot calculation, Stop Loss and Take Profit management, Break Even, Trailing Stop, Partial Close, Equity Protection, and external trade management in one panel. Whether you trade forex, indices, metals, commodities, crypto, or future

99 USD

Local Trade Copier EA MT5 is a fast and flexible trade copier for copying and managing trades between multiple MetaTrader 5 accounts on the same Windows computer or Windows VPS. It combines local trade synchronization with Receiver-side controls for lot sizing, risk management, trade filtering, symbol mapping, trade management and account protection. Set up your Transmitter and Receiver terminals in about 1 minute and copy manual or EA trades between accounts at the same or different brokers. U

50 USD

Telegram to MT5 Multi-Channel Copier automatically copies trading signals from your Telegram and Discord channels straight to MetaTrader 5. 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

129.99 USD

================================================================================ POC BREAKOUT - V20.72. Full Professional Grade Toolkit ================================================================================ POC Breakout is a full MetaTrader 5 trading dashboard for discretionary traders who want breakout signals, Point of Control (POC) context, volume profiles, order flow, market structure, news, alerts, and advanced trade planning in one professional workspace. Attached directly to you

139 USD

Trade Panel is a multi-functional trading assistant. The app contains over 50 trading functions for manual trading and allows you to automate most trading tasks. Application instructions: https://www.mql5.com/en/blogs/post/756482 Trial version of the application for a demo account: https://www.mql5.com/en/blogs/post/750865 How to install the application: https://www.mql5.com/en/blogs/post/756239 How to test the application in visual mode: https://www.mql5.com/en/blogs/post/770277 How to install

99 USD

Strategy Ledger Pro is a read-only account analysis panel for MetaTrader 5. It separates account results by Expert Advisor, strategy, symbol, and magic number, so you can see what each one really contributes. The panel is available in 11 languages: English, Français, Deutsch, Español, Italiano, Português, Русский, Türkçe, 中文, 日本語 and 한국어. Before you download the demo. The Market runs the demo of any paid product in the Strategy Tester only. This panel analyses the trades on your own account, and

39 USD

Copy Telegram signals with your own trading rules Telegram to MT5 Signal Trader automatically copies text-based trading signals from public and private Telegram channels and groups into MetaTrader 5. Manage multiple providers and MT5 accounts from one desktop app, with individual risk and trade settings for each provider . No Telegram bot or API setup needed for copying. Simply sign in with your own Telegram account by phone or QR code and select the channels or groups you have already joined. Y

99 USD

Floor Watch One number, watched every thirty seconds: how far equity has fallen since the day began — or since its highest point, if it's told to trail the peak instead of the open. Cross the line and it doesn't argue. Every open position closes, every pending order vanishes, and anything that slips through afterward gets shut the moment it appears. Not asked. Removed. The floor holds until the clock turns 5 AM Pakistan time — then, and only then, does the day start over. One rule. No except

700 USD

Buy once. Get all my MT4 and MT5 indicators - available now and released in the future - at no extra cost. Contact me after purchase for instructions to receive them. The price is planned to rise by 50$ after every 10 purchases, up to 999$. The Market price at checkout applies. Keep the indicator you trust. Automate the work around it. Your signal. Your rules. Your execution. Already have an MT5 indicator you rely on, but still need to watch the chart, wait for a signal, calculate the lot, plac

299 USD

Power Candles Strategy Scanner - Self-Optimizing Multi-Symbol Setup Finder Self-optimizing settings work one chart at a time, and finding where they pay off right now means opening chart after chart. Power Candles Strategy Scanner runs the same self-optimizing engine as the Power Candles indicator on every symbol in your Market Watch, side by side. One panel ranks where it pays off: the winning strategy per symbol, its optimized Stop Loss and Take Profit. An alert fires the moment a fresh signal

139 USD

Grid Manual is a trading panel for working with grid strategies. The utility is universal, has flexible settings and an intuitive interface. It works with a grid of orders not only in the direction of averaging losses, but also in the direction of increasing profits. The trader does not need to create and maintain a grid of orders, the utility will do it. It is enough to open an order and the "Grid manual" will automatically create a grid of orders for it and will accompany it until the close. F

95 USD

MT5 to Telegram Signal Provider turns your trading account into a signal provider. Every trade action, whether manual, by EA or from your phone, is instantly sent as a message to Telegram. You can fully customize the format or use a ready-made template for quick setup. [ Demo ] [ Manual ] [ MT4 Version ] [ Discord Version ] New: [ Telegram To MT5 ] Setup A step by step user guide is available. Key Features Ability to customize order details sent to subscribers You can create a tiered subs

80 USD

Welcome to ENTRY IN THE ZONE with SMC MULTI TIMEFRAME SPECIAL BENEFIT / FOR OUR MQL5 CUSTOMERS FREE ACCESS TO THE NEW TOOL — COMING SOON — Learn more on our official website : https://www.fableedge.net Entry In The Zone with SMC Multi Timeframe is a real-time market analysis tool based on Smart Money Concepts (SMC), designed to analyze market structure, price direction, and key trading zones. It supports both Single-Timeframe and Multi-Timeframe Analysis, providing a clearer view of overall ma

119 USD

Footprint Chart Pro — Professional OrderFlow EA for MetaTrader 5 Version 6.34 | Professional tool for real traders | Institutional-Grade Visualization DEMO USERS - PLEASE SELECT EVERY TICK / REAL TICK WHEN TESTING AND YOU HAVE DOWNLOADED HISTORICAL DATA. IF YOU SEE A WAITING SCREEN AND IT IS NOT DOWNLOADING, IT MEANS YOU HAVE LOW HISTORICAL DATA. TRY 1 MIN AND 5 MIN FIRST ON 1 DAY DATA. ONE DAY DATA SHOULD BE THE NEWEST AND MOST CURRENT DATE. PLEASE WAIT UNTIL THE MARKET HAS ROLLED OVER PERIOD.

149 USD

Signal TradingView to MT5 Pro Instant professional execution between TradingView and MetaTrader 5 Automate your trading strategy with the most robust communication bridge between TradingView alerts and real execution in MT5. Designed for traders who demand speed, flexibility, and impeccable risk management, this Expert Advisor transforms any alert message into a precise market or limit order. Install and TEST the TRIAL version HERE STRENGTHS AND ADVANTAGES Universal Parsing Engine (Propriet

75 USD

VirtualTradePad PRO SE MT5 — professional trading control center for MetaTrader 5 VirtualTradePad PRO SE is a premium chart-based trading panel and trade-management workspace for MetaTrader 5 . It is designed for traders who want faster execution, clearer position control, structured trade management, visual level planning and a professional workflow directly from the chart. This is not only a BUY / SELL panel. PRO SE combines manual trading, pending orders, position management, partial exits, b

125 USD

Trade Copier is a professional utility designed to copy and synchronize trades between trading accounts. Copying occurs from the account / terminal of the supplier to the account / terminal of the recipient, which are installed on the same computer or VPS . Before buying, you can test the demo version on a demo account. Demo version here . Full instruction here . Main functionality and benefits: Supports copying MT5> MT5, MT4> MT5, MT5> MT4, including MT5 netting accounts. * Supports copying Dem

39 USD

This software has no equals in the world and represents a universal trade "console" covering trading signals, automated market entry, setting of Stop Loss and Take Profit, as well as Trailing Profit for multiple trades at the same time in a single open window. Intuitive control of the Expert Advisor in "three clicks" ensures a comprehensive use of all its functions on different computers, including tablets PCs. Interacting with additional signal indicators that mark the chart to give a real mark

295 USD

This product filters all expert advisors and manual charts during news time. It is able to remove any of your EA during news and automatically reattach them after news ends. This product also comes with a complete order management system that can handle your open positions and pending orders before the release of any news. Once you purchase The News Filter , you will no longer need to rely on built-in news filters for future expert advisors, as this product can filter them all from her

70 USD

Copy your MT5 trades to Interactive Brokers You keep using MT5. Every order you open or close is sent to your IB account. In real time. No coding. No changes to your strategy or EA. Try it first Rent 1 month: $30. Test on a live or paper account. What it does Real-time copying: same direction, reverse, or one side only. Map any MT5 symbol to any IB symbol. Set a lot ratio for each. Forex, Futures, Stocks, CFDs, Metals and Crypto. Position sync: both accounts checked, any difference fixed. Optio

234 USD

Telegram To MT5 — Signal Copier Turn the trading calls from your Telegram channels into real MT5 orders — automatically, on as many accounts as you like, with risk and rules fully under your control. Telegram To MT5 connects the VIP / signal channels you already follow on Telegram to your MetaTrader 5 terminal. A free companion desktop app reads the messages (even from channels that block bots), and this Expert Advisor executes them on your account — applying your own risk settings, symbol mappi

40 USD

Professional Trade Copier for MetaTrader 5 Fast, professional, and reliable trade copier for MetaTrader . COPYLOT allows you to copy Forex trades between MT4 and MT5 terminals with support for Hedge and Netting accounts. COPYLOT MT5 version supports: - MT5 Hedge to MT5 Hedge - MT5 Hedge to MT5 Netting - MT5 Netting to MT5 Hedge - MT5 Netting to MT5 Netting - MT4 to MT5 Hedge - MT4 to MT5 Netting MT4 version Full Description +DEMO +PDF How To Buy How To Install How to get Log Files H

75 USD

HINN MAGIC ENTRY – the ultimate tool for entry and position management! SIMPLE. FASTEST. INTUITIVE. MAX AUTOMATED. Place orders by selecting a level directly on the chart! full description :: demo-version :: 60-sec-video-description Key features: - Market, limit, and pending orders - Automatic lot size calculation - Automatic spread and commission accounting - Unlimited partitial take-profits - Breakeven and trailing stop-loss and take-profit functions - Invalidation leves - Intuitive, a

60 USD

Trade Copier Ultimate - Telegram to MT5 Signal Copier Trade Copier Ultimate automatically copies Telegram trading signals into MetaTrader 5. The EA can read signal messages, detect the symbol, order type, entry price, Stop Loss, Take Profit levels and selected update commands, then execute or manage the trade in MT5 using your lot and risk settings. It is more than a basic Telegram to MT5 copier. TCU also supports Bot API and user-account Bridge workflows, Discord signal routing, local MT5 to MT

69 USD

Trade Indicator Assistant is a powerful MT5 utility designed to turn indicators into automated trading systems. Its main feature is the ability to automatically detect an indicator’s BUY and SELL signal buffers , without requiring you to know the buffer numbers, search through indicator settings, or modify the indicator source code. Bonus Indicator: After purchasing Trade Indicator Assistant, contact me to receive Trade Signal Pro completely free as a bonus indicator. [Download Demo V

100 USD

Premium Trade Manager - The Trade Panel With a Coach Built In Premium Trade Manager puts a trading coach inside your chart, with a full execution engine underneath it. Set the trade up the way you always do, then let Max, your AI trading coach, read that exact setup against your live account and give you a straight verdict before you commit: is the stop disciplined, is the risk sane, is a high-impact release minutes away, are you near a prop-firm limit. Below sits the engine that runs everything

111 USD

That backtest looks great. But will it still be making money tomorrow, next week, next month? EA Overfitter re-runs your EA on 100 price histories it has never seen. One score tells you if the edge is real. A backtest tells you what an EA did on one price history — the one that happened to occur. What you cannot tell from it is how much of that result was the strategy and how much was the particular path. EA Overfitter answers that. It builds up to 100 synthetic price histories your EA has n

149 USD

DaneTrades Trade Manager is a professional trade panel for MetaTrader 5, designed for fast, accurate execution with built‑in risk control. Place market or pending orders directly from the chart while the panel automatically calculates position size from your chosen risk, helping you stay consistent and avoid emotional decision‑making. The Trade Manager is built for manual traders who want structure: clear risk/reward planning, automation for repeatable management, and safeguards that help reduc

80 USD

Message me after purchase to receive the complete manual kit + 3-day OpenAI API trial to test the AI features + Another bonus gift The current price is a limited discount for August Relaunch Update — secure your edition now before price go up. Next Price: $340 This is completely different from any trading panel you’ve tried or seen on the market. It’s one of the most innovative AI-powered trading panels available in the retail market right now. Imagine connecting AI directly to your chart —

48 USD

Timeframe H1 Pair GBPUSD The CableStarV2 follows a trend trading strategy . It uses Bollinger Bands on HeikenAshi Charts to find the perfect entry and exit points in the market. Every position is secured with a stopp loss. The backtests shown in the screenshots were done with the default settings. Do you own testing to find even better settings. Please download the free demo to do your own testing. The CableStarV2 is not using any martingale and/or grid functionalities . Still th

197 USD

Goldwise Trend Advisor — Professional Gold Trading with Full Transparency Do you know why most Gold EAs fail? Because they trade against the market. Goldwise does the opposite: it identifies the dominant trend on the Daily chart and trades exclusively in its direction. No guessing, no hoping — just disciplined trades with the market, not against it. And the best part: you can see what the EA is doing and why, at all times. No black-box trading. Full transparency, right on your chart. Why Goldwis

149 USD

PropGuard OS — The Airbag for Your Prop-Trading Account Risk Manager | Trade Panel | Prop Firm EA | FTMO & Funding Pips Ready Be honest: How did you really lose your last challenge? Was it the strategy? Probably not. It was that one moment : The moment a small loss turned into a revenge trade. The moment you “just quickly” bent the rules. The moment your brain screamed “BUY” while your plan said “STOP”. You wouldn’t drive a car without a seatbelt. So why risk a $100,000 account without PropGuar

49 USD

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PGuard Basic

Richard Heronimus Oehmig Kuhn

The Free Drawdown Dashboard Built for Prop Firm Traders

🛡 Why PGuard Basic?

⭐ Unique Feature: Pre-Trade Drawdown Impact Preview

📊 Live Drawdown Monitoring

💰 Professional Lot Size Calculator

📈 Visual Chart Lines with Live Risk Display

🏢 Prop Firm Presets

🎨 Modern Canvas-Based Dashboard

⚙ Risk Warning System

📋 Complete Feature List

🎯 Who Is PGuard Basic For?

💡 Trading Scenarios Where PGuard Basic Prevents Account Violations

🔍 How PGuard Basic Compares to Other Free Tools

🔧 Input Parameters

💻 System Requirements

🧪 Testing

📦 Installation

🚀 Looking for Automatic Protection?

❓ Frequently Asked Questions

📝 Version History

ℹ About the Developer

⚠ Disclaimer

📖 Best Practices for Prop Firm Trading with PGuard Basic

🌐 Supported Prop Firms and Drawdown Models