Lbu Equity Shield
- Utilities
- Version: 1.0
LBU Trading System presents the LBU Equity Shield An essential risk management utility designed to protect your trading capital from unexpected market volatility, news spikes, and emotional trading. Whether you are managing a personal account or trying to pass a Prop Firm challenge, strict drawdown control is the key to long-term survival.
The LBU Equity Shield acts as your automated risk manager, constantly monitoring your account equity. If your floating loss reaches a predefined critical level, the Shield automatically intervenes to flatten your account and lock it to prevent further damage.
Additionally, it provides an intuitive on-chart TradePad with emergency "Panic Buttons" allowing you to instantly close specific groups of trades with a single click.
🔥 KEY FEATURES
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Auto Drawdown Protection: Automatically closes all open positions and deletes pending orders when the maximum allowed drawdown limit (%) is hit.
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One-Click Panic Buttons: Instantly manage your exposure directly from the chart using 3 dedicated buttons: CLOSE ALL, CLOSE WINNERS, and CLOSE LOSERS.
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Smart Drawdown Calculation: Choose between calculating your drawdown based on the Daily Starting Equity (perfect for Prop Firm daily DD rules) or the Peak High-Water Mark equity.
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Real-time HUD: A sleek, non-intrusive on-chart panel displaying your current Equity, Reference Equity, real-time Drawdown %, and Shield Status (ARMED/LOCKED).
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Push Notifications: Sends mobile MT5 push notifications immediately when the protection is triggered.
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Advanced Order Execution: Built-in retry mechanisms and slippage control to ensure trades are forcefully closed even during fast-moving markets.
⚙️ INPUT PARAMETERS
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Max Drawdown Percent: The maximum floating drawdown (%) allowed before the shield triggers. (Set to 0 to disable auto-protection and only use manual panic buttons).
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Use Daily Start:
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true = Drawdown is calculated from the initial equity at the start of the current day.
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false = Drawdown is calculated from the highest equity peak reached (High-Water mark).
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Close Pending Orders: If true, the utility will delete all pending orders when the shield is triggered or when "Close All" is clicked.
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Close Retries: Number of attempts the bot will make to close a trade if the broker rejects the first request (e.g., during high volatility).
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Retry Delay (ms): Delay in milliseconds between close attempts.
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Deviation Points: Maximum allowed slippage (in points) for closing trades.
