Risk Guardian Pro MT5
- Utilities
-
Yang Yu Qun
Risk control and trade management tools for MetaTrader 4 & 5.
I build one kind of thing, and I build it properly: utilities that protect
accounts. Risk panels, drawdown guards, prop-firm rule enforcement, and
trade-event notifications — for manual traders, funded-challenge traders, - Version: 1.10
- Updated: 20 April 2026
- Activations: 10
Risk Guardian Pro MT5 is an account-level risk protection utility for MetaTrader 5.
It does not open trades, generate signals or replace your strategy. Instead, it acts as a safety layer above your account and helps
enforce risk discipline across manual trading and other Expert Advisors.
This tool is designed for traders who want clear account protection rules, visible risk status and automatic response when limits are
reached.
Main Features
- Daily loss limit
- Total drawdown limit
- Consecutive losing trades limit
- One-click Close All
- Automatic protection actions after trigger
- Real-time on-chart protection panel
- Master ON / OFF switch
- Manual Reset to rebuild the protection baseline
- Persistent blocked state after EA or terminal restart
Protection Actions
When a configured limit is reached, Risk Guardian Pro MT5 can:
- Close all open positions
- Close losing positions only at trigger time
- Block new trading activity only
Designed For
- Manual traders who want a hard account safety layer
- Traders running multiple EAs on one account
- Traders who need strict daily loss and drawdown discipline
- Users who want account-wide protection against emotional mistakes and unattended exposure
Important Logic Notes
- This is an account-level protection utility, not a trading system
- It should be attached to one chart only per account
- It can affect trades opened manually or by other EAs on the same account
- Total drawdown is calculated from the highest equity peak
- Consecutive losses are counted by completed trades, not fragmented exit deals
- Reset clears the blocked state and rebuilds the protection baseline from the current moment
- Under Close losing positions only, positions that survive the trigger remain open until manually managed
- After a trigger, new trades or blocked-session additions are still restricted
- In netting accounts, adding to an existing blocked position may cause the full net position to be closed
Daily Loss Logic
Daily loss is calculated from the active daily protection baseline. Closed trade results are always included. Floating P/L can be
included or excluded through settings.
Total Drawdown Logic
Total drawdown is based on the highest historical equity peak, not on balance. This gives a more realistic picture of real-time
account risk.
Why It Matters
Stop loss protects individual trades. Risk Guardian Pro MT5 protects the account.
When multiple positions, multiple EAs or manual interventions are involved, the real risk is no longer isolated to one order. This
utility is designed to enforce the account-level rules you already decided to follow.
