Prop Challenge Guardian MT5
- Indicators
-
Antonios Kokkalis
Trader and systems developer 12 years on MT4 MT5, and NinjaTrader 8.
▸ See my published work: "Smart Session Breakout MT4" in CodeBase — a non-repainting
Asian range breakout indicator with an ATR body-quality filter, on-chart dashboard - Version: 1.30
- Updated: 11 August 2026
- Activations: 5
WHY DO 90%+ OF TRADERS FAIL PROP FIRM CHALLENGES?
It is rarely due to bad strategy—it is almost always due to floating drawdown panic.
When a trade goes against you, doing mental math or checking an external web dashboard while under emotional stress is nearly impossible. One unexpected price spike, and your account is disqualified.
Prop Challenge Guardian MT5 solves this permanently.
--------------------------------------------------
THE GAME-CHANGER: THE DYNAMIC "SOS DANGER LINE"
Unlike basic dashboard indicators that only show text numbers, Prop Challenge Guardian projects a live horizontal line directly onto your price chart.
• Visual Breach Zone: Shows the exact price level where your daily drawdown limit would be breached based on your open positions.
• Live Real-Time Updates: As price moves or positions change, the SOS line recalculates instantly.
• Absolute Psychological Peace of Mind: You know with 100% certainty where your "Do Not Cross" line is at all times.
--------------------------------------------------
KEY FEATURES AT A GLANCE
1. Dynamic SOS Danger Line (Visual Protection)
See your daily loss breach price directly on the chart with remaining dollar budget overlay (DD LIMIT 1.37680 [$446 left]).
2. Instant Risk-to-Lot Matrix (Zero Math Required)
Before opening a trade, see exact lot sizes for 10p, 20p, 30p, and 50p Stop Losses calculated instantly based on your chosen risk % (e.g. 1.0% = $100). No external calculators needed!
3. Sleek & Modern HUD (Zero Chart Clutter)
Compact dark-mode widget that sits neatly in the corner of your chart. Displays:
• Daily Drawdown Bar + Remaining Daily Risk Budget ($)
• Max Drawdown Bar + Remaining Total Risk Budget ($)
• Profit Target Bar + Remaining Profit Needed ($)
• Today's Stats: Trade count, Win/Loss ratio, Realized & Floating P&L
4. Auto-Detect Account Tier & Built-in Presets
Automatically detects standard prop firm challenge sizes ($5k, $10k, $25k, $50k, $100k, $200k). Includes 1-click presets for:
• FTMO (5% Daily / 10% Max / 10% Target)
• FundedNext (5% Daily / 10% Max / 8% Target)
• E8 Funding (5% Daily / 8% Max / 8% Target)
• MyFundedFX (5% Daily / 10% Max / 8% Target)
• Custom Mode (Set any custom parameters)
5. Multi-Channel Alert System
Configurable warnings before a breach occurs:
• Warning Alert (70% limit used): Gentle notification
• Danger Alert (85% limit used): Pop-up + Sound
• Critical Alert (95% limit used): Mobile Push Notification + Email + Sound
--------------------------------------------------
HOW IT HELPS YOU PASS CHALLENGES
1. Before Entry: Check the Lot Matrix -> pick exact volume for your Stop Loss.
2. During Trade: Look at the SOS Danger Line -> know instantly if your floating drawdown is safe.
3. After Trade: Track daily P&L and remaining daily risk budget without leaving MetaTrader.
--------------------------------------------------
SPECIFICATIONS & COMPATIBILITY
• Platform: MetaTrader 5 (MT5)
• Asset Classes: Forex, Gold/Metals (XAUUSD), Indices (US30, NAS100), Oil, Crypto
• Timeframes: Works on all timeframes
• Resource Usage: Ultra-lightweight 1-second refresh timer (0% CPU impact)
• Type: Utility / Risk Management Indicator
