Matsukaze Prop Shield MT5
- Utilities
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Tsukasa Okazaki
Japanese algorithmic trader specializing in XAUUSD (Gold).
🏦 Broker I use: https://one.exnesstrack.org/a/vsbpiif5 - Version: 1.10
Matsukaze Prop Shield is a drawdown protection and analytics utility built for prop firm traders. Whether you are in an FTMO Challenge, managing a funded account, or running any prop firm evaluation, this tool monitors your account in real time, protects you from breaching daily and total drawdown limits, and gives you a full analytics suite to review your trading performance — all inside a single panel on your chart.
Designed and verified on a live FTMO Challenge account ($50,000 2-Step). All drawdown values, remaining amounts, and statistics matched the FTMO dashboard exactly. Works with any prop firm funded account or personal trading account.
What This Tool Does
Prop Shield runs alongside your trading (manual or EA) and watches your account equity. If drawdown approaches your limit, the traffic light turns yellow, then red. If the limit is breached, all positions are closed automatically and new trades are blocked for a configurable cooldown period.
Beyond protection, Prop Shield includes a full analytics dashboard and calendar heatmap that are normally only available on your prop firm website. Now you can see everything directly on your MT4/MT5 chart without switching tabs.
Shield Tab — Drawdown Protection
- Daily and Total drawdown monitoring with percentage and dollar remaining
- Traffic light system (green, yellow, red) for instant visual status
- FTMO preset: select FTMO and everything is configured automatically (Daily 5%, Total 10%, Profit Target 10%, Initial Balance based daily DD calculation)
- Custom mode for any prop firm: set your own DD percentages, reset hour, and calculation method
- Auto-close all positions when drawdown limit is reached
- Auto-delete pending orders on DD breach
- Block new trades for a set number of minutes after DD breach (revenge trade prevention)
- Profit target tracking with auto-close when target is reached
- Automatic lot size reduction when approaching profit target
- Built-in equity curve showing your account history at a glance
- Magic number filter to monitor specific EAs only
- Maximum open positions limit
Stats Tab — Analytics Dashboard
- Open Time Hour chart: see which hours are profitable and which are not
- Buy vs Sell chart: compare long and short performance
- Volume chart: P&L breakdown by lot size actually used
- Symbol chart: P&L breakdown by trading instrument
- Session analysis: Asian (0-8h), London (8-16h), New York (16-24h) with bar chart
- Full statistics: Trades, Win Rate, Average Win, Average Loss, RRR, Profit Factor, Expectancy
- Export CSV button: export your complete trade journal to a CSV file with one click
Calendar Tab — Daily P&L Heatmap
- Monthly calendar view with color-coded daily P&L (green for profit days, red for loss days)
- Color intensity reflects the magnitude of profit or loss
- Each cell shows: date, P&L amount, and number of trades
- Navigate to previous months with arrow buttons
- Monthly total displayed at the bottom
- Supports up to 3 years of history
How to Use
1. Attach Prop Shield to any chart (it monitors the entire account, not just one symbol)
2. Select FTMO preset or Custom in the settings
3. Set your Initial Balance (default: 10000 — match your funded account or challenge size)
4. Click OK — the Shield tab appears immediately with live drawdown monitoring
5. Click the Stats tab to see your analytics dashboard
6. Click the Calendar tab to see your daily P&L heatmap
7. Keep the EA running at all times for accurate daily drawdown tracking
Notifications
When drawdown is breached or profit target is reached, Prop Shield can notify you via:
- Alert popup on screen
- Push notification to your phone
- Email notification
All three can be enabled or disabled independently.
Settings Overview
Prop Firm Preset: FTMO or Custom
Initial Balance: your challenge starting balance
Daily Max Drawdown %: daily loss limit
Total Max Drawdown %: total loss limit
DD Calculation Mode: Equity-based or Balance-based
Total DD Type: Static (from Initial Balance) or Trailing (from High Water Mark)
Daily Reset Hour: server time hour for daily DD reset
Profit Target %: your challenge profit target
Reduce Lot Near Target: automatically reduce lot size when approaching target
Close All on DD / Close All on Target: enable or disable auto-close
Block Trading (minutes): cooldown period after DD breach
Magic Numbers: filter by specific EA magic numbers (comma separated, leave empty for all)
Max Open Positions: limit the number of simultaneous positions
Important Notes
- Prop Shield does not place any trades. It is a drawdown limiter and equity protection utility only. It works with any EA, manual trading, or copy trading on your prop firm challenge or funded account.
- For accurate daily drawdown tracking, keep the EA running continuously. If restarted mid-day, the daily start balance resets to the current balance at the time of restart.
- The equity curve and analytics are based on closed trade history available in the terminal. Make sure your history tab shows the relevant period.
- Tested and verified on FTMO. For other prop firms, use Custom mode and set your own parameters.
Updates
This tool is actively developed. If you have feature requests or find any issues, please leave a comment or send a message. Your feedback directly shapes future updates.
