AccountGuardMT5

How to Configure and Set Up Account Guard

Account Guard is designed as a modular risk protection tool.
Each protection feature can be activated individually, allowing traders to enable only the functions they need.

Important:
Every feature must be activated using its corresponding “Enforce…” or “Enable…” parameter.
If a feature is disabled, the related parameters will be ignored.

Example:

• If EnforceTPSL = false, the TakeProfit and StopLoss limits will not be applied.

• If EnforceMaxDailyLoss = false, the daily drawdown protection will not be active.

• If EnableBE = false, the Break-Even function will not run.

• If EnforceCloseEveryDay = false, no daily closing will occur.

Account Guard uses two different types of limits:

• Per-trade protection (TakeProfit, StopLoss, Break-Even)

• Account-wide protection (MaxDailyLoss)

These parameters define profit and loss limits used for trade management.

TakeProfit

Defines the Take Profit level per trade in account currency.

Example:
If set to 200, each individual trade will be closed once its profit reaches $200.

Important:

• Value must be positive

• Applied per trade

• Works only if EnforceTPSL = true

StopLoss

Defines the Stop Loss level per trade in account currency.

Example:
If set to -100, each individual trade will be closed once its loss reaches -$100.

Important:

• Value must be negative

• Applied per trade

• Works only if EnforceTPSL = true

MaxDailyLoss

Defines the maximum combined loss for the current trading day.

If the total daily loss reaches this level, the EA will close all open trades.

Example:
If set to -450, all positions will be closed once the total loss of the current trading day reaches -$450.

This feature is particularly useful for prop firm accounts with strict daily drawdown limits.

Important:

• Value must be negative

• Applies to the combined daily result of the account

• Requires EnforceMaxDailyLoss = true

ProfitBE

Defines the profit level at which Break-Even protection activates.

Example:
If set to 100, once a trade reaches $100 profit, the EA moves the stop loss of that trade to the entry price.

Important:

• Value must be positive

• Applied per trade

• Requires EnableBE = true

These parameters control which protection features are active.

EnforceMaxDailyLoss

When enabled, Account Guard automatically closes all open trades once the MaxDailyLoss threshold is reached.

Recommended for:

• Prop firm accounts

• Strict risk management setups

EnforceTPSL

Activates the TakeProfit and StopLoss protection.

If enabled:

• each trade will be monitored

• trades will close when either TP or SL level is reached

OnlyCloseManualTrades

If enabled, Account Guard will only manage manual trades.

Trades opened by other Expert Advisors will be ignored.

Useful when:

• using Account Guard as a safety layer for manual trading

EnableBE

Enables automatic Break-Even protection.

When a trade reaches the ProfitBE level, its stop loss will automatically move to the entry price.

DeleteLOafterMaxDailyLoss

If enabled, all pending limit orders will be deleted once the MaxDailyLoss limit is reached.

This prevents new trades from opening after the daily loss limit has been triggered.

DeleteLOatDayEnd

If enabled, all pending limit orders will be deleted at the configured day-end closing time.

These settings allow the EA to automatically close trades based on server time.

This is commonly used to:

• avoid overnight positions

• comply with prop firm trading rules

• close trades before market shutdown

EnforceCloseEveryDay

If enabled, all open trades will be closed every trading day at the configured server time.

The close time is defined by:

• TimeHourWE – hour of the close time (0–23)

• TimeMinWE – minute of the close time (0–59)

Example:

Result:
All trades will be closed every day at 20:22 server time.

EnforceCloseSpecificDay

This option allows trades to be closed only on a specific weekday instead of every day.

If you activate both Daily close Options it will be closed every Day.

Typical use case:
Closing all trades before the weekend.

DayToClose

Defines the weekday used by EnforceCloseSpecificDay.

Values:

0 = Sunday
1 = Monday
2 = Tuesday
3 = Wednesday
4 = Thursday
5 = Friday
6 = Saturday

Example configuration:

        

            

                

                    

                        

                            

                                



                                

                                    

                                        

                                            

                                                

                                                    EnforceCloseSpecificDay = true
DayToClose = 5
TimeHourWE = 20
TimeMinWE = 22
                                                
                                            
                                        
                                    
                                
                            
                        
                    
                


                

                    

                
            
        
    

Result:

All trades will be closed every Friday at 20:22 server time.

This is commonly used to avoid holding positions over the weekend.