RiskGuardian PRO
- Experts
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Wilson Fernando Montoya Saenz
I am a developer of algorithmic solutions for MetaTrader, specializing in creating Expert Advisors focused on risk management, automation, and process optimization for traders and investors. - Version: 1.0
- Activations: 5
RiskGuardian PRO — MT4 Account Protection & Trading Discipline
RiskGuardian PRO is an Expert Advisor for MetaTrader 4 designed to help traders control daily risk, protect predefined account limits and maintain trading discipline.
It does not generate trading signals or try to predict the market.
Instead, it monitors trading activity and applies the limits defined by the trader.
This makes it suitable for manual traders, prop firm traders and accounts where one or more Expert Advisors are already operating.
Daily Risk Protection
Define the maximum daily loss allowed for your trading plan.
When the configured loss limit is reached, RiskGuardian PRO can close active positions and activate the trading lock according to the selected settings.
The purpose is to prevent additional trades after the predefined daily risk limit has been reached.
Daily Profit Target
Define a daily profit target based on money or percentage.
When the configured target is reached, RiskGuardian PRO can stop further trading activity according to the selected settings.
This allows the trader to define in advance when the trading session should end.
Anti-Tilt Hard Lock
Trading decisions can become more difficult after a significant loss or after reaching a daily target.
RiskGuardian PRO includes a Hard Lock mechanism designed to prevent new trading activity after the configured protection condition has been triggered.
The objective is simple:
Define the limit before trading starts and enforce it during the session.
Risk Management
RiskGuardian PRO provides configurable risk parameters for account protection and position management.
Depending on the selected configuration, the panel can be used to calculate and control:
- Risk by percentage
- Risk amount
- Stop Loss
- Risk/Reward
- Daily loss limit
- Daily profit target
- Trading locks
Trading Panel
RiskGuardian PRO includes an integrated trading panel for managing operations directly from the MT4 chart.
The panel provides access to trading and management functions such as:
BUY, SELL, Break Even, Trailing Stop, Close All, Pending Orders, Risk/Reward tools and trading locks.
The panel is designed to keep the main trading controls available without requiring multiple MT4 windows.
Pending Orders
The trading panel supports common pending order types:
Buy Limit
Sell Limit
Buy Stop
Sell Stop
Pending orders can be managed directly from the chart.
Protection for Manual and Automated Trading
RiskGuardian PRO can be used on accounts where trading is performed manually or by other Expert Advisors.
It can be used as a separate risk-control layer without being responsible for generating entries.
This allows the trader to keep the existing trading strategy while adding an additional account-level control mechanism.
Server Time
Daily limits are synchronized with the MetaTrader 4 trading server time.
The EA uses the broker's server day as the reference for daily risk and profit calculations.
For correct synchronization, the chart where RiskGuardian PRO is running should remain open while the protection system is active.
Example
Suppose a trader defines:
Maximum Daily Loss: $400
Daily Profit Target: $300
During the trading session, the configured limit is reached.
RiskGuardian PRO detects the condition and applies the selected protection action.
Depending on the configuration, this may include:
Closing active positions.
Blocking new trading activity.
Maintaining the trading lock until the next trading session.
The purpose is to enforce the trading rules defined by the trader instead of relying on decisions made after the limit has already been reached.
Who is RiskGuardian PRO for?
RiskGuardian PRO is designed for traders who want an additional layer of control over their MT4 accounts, including:
Manual traders
Prop firm traders
Traders using multiple Expert Advisors
Traders who follow predefined daily loss limits
Traders who use daily profit targets
Traders who want to reduce overtrading after reaching a predefined limit
Important
RiskGuardian PRO is a risk-management and trading-discipline tool.
It does not guarantee profits, prevent market losses outside the configured rules, or guarantee compliance with any specific broker or prop firm.
Always test the EA on a demo account before using it on a live account.
