Prop Guard Risk Enforcer

A funded account is not lost on the trade you regretted. It is lost on the one that was still open when the daily limit went past.

Prop Guard sits on one chart and watches the whole account. It does not open trades and it does not produce signals. It answers one question, continuously: how much room is left before a rule breaks - and when the answer gets close enough to zero, it acts.

THE PART MOST GUARDS GET WRONG

Your drawdown peak is written to disk. Close the terminal, restart the PC, reconnect a week later: your peak is still your peak. Tools that hold it in memory ask you to re-attach them every morning, and a trailing drawdown rule that forgets the peak is not a trailing drawdown rule - it is a number that happens to look like one.

WHAT IT TRACKS

Daily loss. The percentage can be taken from your starting balance or from the balance at the start of the day, and the loss can be measured from either the day's opening balance or its opening equity. Firms word this differently and the difference is real money, so both are settings rather than assumptions.

Maximum drawdown. Static from the starting balance, or trailing from the highest balance or the highest equity your account has reached.

Open risk. What every stop loss on the account adds up to, measured against the room your loss rules still leave. The same stop distance is prudent on a fresh account and reckless on one that has already spent most of its allowance, and this is the line that says which you are looking at. Positions carrying no stop at all cannot be measured, so they are counted and reported rather than quietly treated as safe.

Margin used, as a share of equity.

Profit target and minimum trading days, shown as progress.

Consistency: the share of your total profit that came from your single best day.

Floating profit and loss can be counted or ignored, depending on how your rules are written.

WHAT IT DOES ABOUT IT

Two thresholds, both expressed as a share of the allowance you have already used. At the first it warns you. At the second it closes every position, deletes every pending order, and locks the account.

The second threshold defaults to 90 percent rather than 100 because slippage, gaps and a widening spread do not respect limits. Acting at exactly the line is acting too late.

While locked, anything that opens is closed again immediately. A daily lock clears itself at your configured day reset. A drawdown lock stays until you release it yourself from the panel.

It guards every position on the account, no matter what opened it: your own clicks, another Expert Advisor, a copier.

GUARDS THAT ACT BEFORE THE BREACH

News blackout. Closes positions and holds the account flat for a window either side of a high impact release, read from the terminal's own economic calendar. No DLL, no network request, nothing to keep updated. When calendar data is unavailable the panel says so rather than implying safety.

Weekend. Holds the account flat from a chosen time on Friday until the market reopens. The Sunday gap is where a static drawdown dies quietly over a weekend nobody was watching.

Rollover. A short nightly window held flat through the swap point, where spreads widen and a stop that looked safe all day gets taken out by nothing at all.

Trading window. Restrict trading to chosen server hours, with an optional close when the window shuts. A window that crosses midnight is treated as one continuous session.

Exposure ceilings. Maximum total lots, maximum open positions, maximum trades per day. When a ceiling is crossed the newest positions are closed until exposure is back inside it, so trades that were already within the limit are not punished for one that was not.

Margin and open risk ceilings. Both trim the newest positions rather than locking the account. Carrying more than the rules allow at once is not the same as failing the challenge, and treating it that way would be wrong.

Panic button. Closes every position and deletes every pending order immediately, for the reason that does not fit in any rule.

TRY IT BEFORE YOU BUY IT

The free demo runs in the Strategy Tester, where there is no account to guard and no calendar to read. Rather than show you a panel full of zeros, the tester runs a simulated account through the whole sequence: armed, then warning as the room runs out, then the breach and the lock. The rule logic is the real one - the same evaluator, the same thresholds. Only the account is invented, and the panel says so on every frame.

THE PANEL

Each rule gets a bar and a number: how much room is left, and what percentage of the allowance is gone. There is also a maximum lot size for the current symbol, worked back from the room remaining and the stop distance you specify, so you can size a trade without the arithmetic.

DETAILS THAT MATTER

The day boundary is a setting. Firms roll over at server midnight, at 00:00 or at 17:00 in other time zones, and a guard that assumes the wrong one is worse than none.

Failed closes are retried, and if a position genuinely cannot be closed - a market that just shut, a broker rejection - you are told loudly rather than left believing you are flat.

If the starting balance you enter is far from what the account actually holds, it says so at startup. That single mistake silently turns every figure on the panel into fiction, and it is the most common one.

Presets describe rule shapes, not brands, and every value stays editable. Firms revise their programmes, and a preset carrying a company name would be out of date the week after it stopped being true.

WHAT IT IS NOT

It is not a trading system and it makes no claim about results. It cannot stop an order from being sent - MetaTrader gives no way to block one - it can only close what has been opened, which it does within a second.

Your rules are your responsibility to enter correctly. Read them, set them, then check the panel against your account dashboard before you rely on it.

SETUP

Attach to any one chart, enter your starting balance, daily and drawdown percentages, and your day reset hour. Enable algo trading so positions can actually be closed. One chart guards the entire account - do not attach it to several.

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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
On-Chart Trade Assistant & Risk Management Panel Ergotick Trade Manager gives you a complete set of trading tools directly on your MetaTrader 5 chart: a trade panel with lot size calculator, visual R:R tool, and daily loss limit protection; a separate statistics panel that tracks your performance and past trades; and an economic calendar you can toggle with one click. Built for scalpers, day traders, and prop firm traders. Ergotick Trade Manager is fast , light on resources , and stable , so it
RS Trade Copier - the ultra-fast local trade copier with a real graphical interface. Stop typing account numbers manually. No more 200+ cryptic inputs. A reliable and flexible tool for copying trading operations between multiple MT5 and MT4 terminals. It suits experienced traders, signal providers, and individual investors. It enables trade synchronization from one or multiple Providers to one or multiple Clients with high precision and minimal latency. It supports simple automatic configuration
Master Your Trading Discipline   Stop losing your hard-earned gains to overtrading and emotional decisions. The Discipline Tool is your ultimate trading assistant, ensuring strict risk management in real-time. Key Protection Features: Advanced Drawdown Defense : Automatically halts trading if your daily drawdown exceeds a preset threshold (percentage or dollar amount). Real-Time Equity Lock : Safeguard profits by referencing peak equity, ensuring drawdown stays within control. Hard Profit Target
Trade Dashboard MT5
Fatemeh Ameri
4.94 (135)
Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
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Mian Rameez Ali
Dealer's Panel No signal decides anything here — a hand does. One click, and the panel calculates what's underneath: lot size from risk, target from a 30-step balance ladder that remembers exactly how far an account has climbed. Toggle between market and pending without touching an input field. Set a stop, and the take-profit can write itself — a fixed share of the balance, translated into price with no arithmetic left for the trader to get wrong. One trade live at a time; it won't let a seco
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Most traders who fail a prop firm challenge do not fail because they did not know the rules. They fail because, at the moment it mattered, nobody was doing the arithmetic. Prop Guard Monitor does the arithmetic. It sits on one chart, watches the whole account, and answers one question continuously: how much room is left before a rule breaks. It never closes a position. It never deletes an order. It never locks anything. This build cannot touch a trade even if you want it to - the trading libr
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Almost everything sold for MetaTrader predicts direction. I tested whether that is possible, on thirteen years of EURUSD and gold, with walk-forward validation and a control run on randomly shuffled labels. Direction came out between 48 and 51 percent. On gold the same models scored 53.4 percent on the shuffled labels - higher than on the real data. That is what an over-fitted system looks like from the inside, and it is why a backtest curve is not evidence. The size of tomorrow's move is a diff
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Your grid EA wins 9 trades out of 10. That was never the question. I ran the mechanism the best-selling gold robots use — grid, recovery, no stop loss on any position, one hard equity stop — over four years of real XAUUSD data, with real spread taken from every bar, real commission and real swap. 156 winning series out of 169. A 92.3% win rate. The account finished down 86.2%, with a peak drawdown of 96.8%. Both numbers are true at the same time, and that is the whole problem. The 92% is what go
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