Trading Cooldown Timer

Trade Cooldown Guard helps you follow the trading rules you set for yourself.

Many traders have a clear plan before the session begins: take one quality setup, avoid revenge trading, stop after a loss, or wait before entering again. The difficult part is often staying away from the next trade when the market is still moving.

This utility creates a practical pause between trades. Once your allowed number of entry trades is reached, it starts a countdown and can close the MT5 terminal after a short warning. The purpose is simple: create space between impulse and action.

How it works

Attach Trade Cooldown Guard to one MT5 chart on the account you want to monitor.

Set:

  • Maximum number of entry trades allowed
  • Cooldown duration in hours
  • Countdown-only mode or terminal-close mode
  • Optional cancellation of pending entry orders
  • Short warning period before MT5 closes

For example, set MaxEntryTrades = 1 and CooldownHours = 24 . After your first filled entry trade, the guard begins a 24-hour cooldown. During that period, it displays the remaining time. In terminal-close mode, it gives a brief warning and then closes MT5.

Built for disciplined trading routines

Trade Cooldown Guard:

  • Monitors account entry trades, including manually placed trades and EA trades
  • Treats partial fills from one order as one entry trade
  • Uses broker server time to calculate the lockout period
  • Shows the start time, unlock time, trade count, and remaining cooldown time
  • Does not close open positions
  • Leaves exit decisions under your control
  • Can optionally cancel pending entry orders when lockout begins
  • Rebuilds the current cooldown from account history after MT5 restarts

Important note

This is a soft-lock discipline tool, not a broker-level restriction. It cannot prevent trading through another MT5 terminal, mobile app, web terminal, separate account, or after removing the utility. Test all settings on a demo account before using it on a live account.

Trade Cooldown Guard is designed for traders who want their rules visible when discipline matters most.


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VirtualTradePad One Click Trading Panel
Vladislav Andruschenko
4.59 (74)
Utilities
Trading Panel for MetaTrader 5 — professional one-click trading from chart and keyboard A powerful trading panel for active manual trading, designed to open, manage, and close trades far faster and more efficiently than the standard MetaTrader interface. This panel is built for traders who want full control over positions, pending orders, profit management, and trading execution inside one professional workspace. This is not just another utility. It is a complete trading cockpit for MetaTrader
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