Market / MetaTrader 5 / Utilities /

Account Limit Guard MT5

FREE

Published: 30 April 2026

Current version: 1.0

Account Limit Guard MT5

Utilities
Yang Yu Qun
Yang Yu Qun
China

754
4.5 (2)
MetaTrader 4/5 Indicator & EA Developer

Cooperation contact QQ: 664810588
Cooperation mailbox: 664810588@qq.com
Cooperation WeChat: 664810588
Contact: Telegram @JohnHansonDev

4 products 3 codes
Version: 1.0

`Account Limit Guard MT5` is a free account-level daily limit protection utility for MetaTrader 5.

It is not a trading strategy, does not open trades, does not generate signals, and does not rely on any specific indicator. Its purpose is simple: monitor your account-level daily loss and automatically apply protection once your configured limit is reached.

The Lite version is intentionally focused. It does not try to cover every account-risk rule. It is built to solve one clear problem:

**How much can I lose today before trading must stop?**

Whether trades are opened manually or by other Expert Advisors, this utility monitors the account from an account-wide perspective. Once the configured limit is reached, it applies:

- Close current positions

- Switch to `BLOCKED`

- Prevent new trading activity from continuing

If you want to start a new protection session, simply press `Reset`.

### Core Features

- Daily loss limit

- Optional floating P/L inclusion

- Automatic `Close All + Block` after trigger

- Master `ON / OFF` switch

- Manual `Reset`

- Clear on-chart status panel

- Restores blocked state and active baseline within the same trading day

- Draggable panel with saved position

### Who It Is For

- Traders who want a simple hard daily-loss boundary

- Manual traders who only need to control “how much can I lose today”

- Users running other EAs and wanting an extra account-level safety layer

- Traders who want to try account-level protection logic through a free product first

### Important Logic Notes

- This is an account-level protection utility, not a trading system

- One chart per account is recommended

- It can affect manual trades and positions opened by other EAs on the same account

- When `Include Floating = true`, floating P/L is included in daily loss

- When `Include Floating = false`, only realized loss can trigger the block

- Once the limit is reached, the EA switches to `BLOCKED`

- To start a new protection session after a block, press `Reset`

- When the master switch is set to `OFF`, automatic protection is paused

### Why This Lite Version Matters

Many traders do not need more complexity. They need one hard boundary that actually gets enforced.

Lite is designed to focus on the simplest and most useful rule:

**If today’s loss reaches this level, trading stops.**

### Need More Than Daily Loss?

`Account Limit Guard MT5` only covers daily loss protection.

If you also need:

- Total drawdown protection

- Consecutive-loss protection

- More trigger action modes

then the paid `Risk Guardian Pro MT5` is the upgrade path.

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Account Limit Guard MT5

Yang Yu Qun