Prop Firm Drawdown Guardian
- Utilities
- Version: 1.20
- Activations: 6
Prop Firm Drawdown Guardian — automatic risk-rule enforcement for funded and challenge accounts.
Most funded accounts are lost to rule violations, not bad trades. One oversized loss, or an overnight drift past your daily limit, ends the account. Prop Firm Drawdown Guardian watches your account every tick and steps in before that happens.
What it does
It continuously monitors your equity and enforces three independent limits. The moment any one is about to break, it closes every open position and locks trading until your next daily reset — keeping you inside your prop firm rules automatically.
Three layers of protection
- Daily loss limit — measured against your start-of-day balance, the way prop firms calculate it.
- Static maximum drawdown — measured against your initial balance.
- Trailing maximum drawdown — measured against your highest equity peak. This is the rule most traders misunderstand and most tools handle incorrectly. The Guardian tracks it tick by tick.
Key features
- Automatic close-all and trading lockout on breach
- Configurable safety buffer: trigger before the hard limit, not at it
- Daily reset at your broker rollover hour
- On-chart status panel showing live equity, each limit, and current status
- Monitor-only mode if you prefer alerts without auto-close
- Works on any symbol, any account type, hedging or netting
Important
This is a risk-management utility. It does not open trades, generate signals, or promise profit. It enforces the loss limits you set, so a single bad day cannot cost you the account.
Settings
Daily loss limit %, static max drawdown %, trailing max drawdown % (on/off), safety buffer %, day reset hour, auto-close on/off.
