Prop Drawdown Dashboard
- Indicators
-
Sergey Ermolov
Hi,
I’m Sergey Yermolov — I’ve been developing trading systems and algorithms for over 15 years.
My approach to trading is not about chasing a “holy grail” or promising quick profits.
I don’t sell “money-making robots.” - Version: 1.1
Prop Drawdown Dashboard — full real-time visibility into your prop challenge account
All critical account information — in one panel and updated in real time: current drawdown, challenge progress, and how close you are to critical limits.
10 built-in prop firm presets: FTMO, FundingPips, The5ers, FundedNext, and others. Simply select the firm — all limits and timezone settings are loaded automatically.
No more violations caused by incorrect trading day reset times. The indicator automatically handles timezones, GMT offsets, and daylight saving time adjustments.
Why Prop Drawdown Dashboard was developed
When trading a prop challenge, it is critical to constantly understand two things: how much risk has already been used and how close you are to violating the limits.
Most traders fail challenges not because of their strategy, but because they lose control. One unnecessary trade, a moment of inattention, or a mistake in risk assessment — and the account can be lost within minutes.
Prop Drawdown Dashboard was created to give you a clear overview of your challenge status in real time and help prevent accidental rule violations.
Real-time limit monitoring
The dashboard shows in real time: daily drawdown, overall drawdown, profit target progress, and remaining room before the limits are hit.
All values update every second, so you always understand your current account status and risk exposure without manual calculations or switching between tabs.
Warnings when approaching limits
Automatic trading day reset tracking
The indicator alerts you in advance when drawdown approaches critical levels.
You can receive push notifications, popup alerts, and email notifications when configured risk levels are reached.
This helps you stop trading in time and avoid accidental prop firm rule violations.Different prop firms use different rules for when a new trading day begins. Even a one-hour timing error can lead to incorrect daily drawdown calculations and accidental limit violations.
Prop Drawdown Dashboard automatically handles timezones, GMT offsets, and daylight saving time adjustments for supported prop firms.
Built-in presets for popular prop firms
The indicator already includes presets for popular prop firms:
- FTMO
- FundedNext
- E8 Markets
- MyFundedFX
- GoatFunded Trader
- The Funded Trader
- Alpha Capital
- Funded Trading Plus
- Audacity Capital
- Blue Guardian
All limits, calculation rules, and timezone settings are loaded automatically — without manual parameter configuration.
If your prop firm is not included in the list, you can quickly configure your own values using Custom mode.
Accurate drawdown calculations for different prop firms
Different prop firms use their own rules for calculating daily and overall drawdown. Some calculate limits based on current equity, while others use the trading day balance or the initial account balance.
Prop Drawdown Dashboard automatically applies the correct calculation model according to the selected prop firm.
Supported calculation models include:
- based on current equity,
- based on trading day balance,
- based on initial account balance,
- based on the highest balance or equity value.
This eliminates the need for manual calculations and helps you clearly understand your current account risk and remaining limits every day.
New trading day notification
After the trading day resets, the indicator automatically sends a push notification with updated limits and the current account status.
This helps you instantly understand the available risk for the new trading day without wasting time on manual calculations or parameter checks.
10250.00 | Equity: 10250.00
Daily DD limit: 512.50 (5.0%)
Overall DD used: 1.2% of 10.0%
Profit target: 2.5% done / 7.5% left
Use challenge limits and status inside your Expert Advisors
Prop Drawdown Dashboard can share real-time challenge status data with your Expert Advisors and trading systems through terminal global variables.
Your EAs can automatically receive information about limit violations, the start of a new trading day, or challenge completion and use it directly inside their trading logic.
This allows you to build safer and more disciplined trading systems that stay compliant with prop firm rules automatically.
An open-source integration example is available for customization and further development.
To pass a challenge with confidence, you need to always understand your account status
Prop Drawdown Dashboard will help the trader to keep calm and confident during trading.
