Market / MetaTrader 4 / Utilities /

Equity Shield 2 MT4

55 USD

Published: 17 September 2026

Current version: 1.1

Equity Shield 2 MT4

Utilities
Algori Systems FZ-LLC
Algori Systems FZ-LLC
Developer at Algori Systems FZ-LLC

United Arab Emirates

16681
4.9 (166)
Complete MT5/MT4 Software solution to automate your trading and focus on performance. To download free demos of our products visit out site : https://algoritrader.com/
- Journaling Software

11 products 1 code 2 topics 10 comments
Version: 1.1
Activations: 5

Equity Shield 2 for MT4

Equity Shield 2 monitors your account limits while you trade. Set daily drawdown, maximum drawdown, daily profit and account profit targets, then track your remaining room live from one on-chart panel.

When an enabled limit is reached, Equity Shield 2 can close your open positions and alert you. Built for prop firm challenges and traders who want an additional layer of account protection.

Account protection

Monitor up to four account limits:

Daily drawdown
Maximum account drawdown
Daily profit target
Account profit target

Each limit is percentage-based and shown live on the panel. Set a limit to 0 if you do not want it monitored.

Automatic protection

When a limit is reached:

Open positions can be closed automatically.
Push and terminal notifications can identify the triggered limit.
The panel displays the breach for easy reference.

Automatic trade closing is OFF by default. The EA can monitor your account without closing anything until you enable this feature.

Equity Shield closes existing positions when a limit is triggered. It does not prevent you from opening new trades afterward.

Prop presets

Includes 19 presets covering popular firms

Phase 1 and Phase 2 presets available where applicable.
Automatically fills profit target, daily drawdown and maximum drawdown values.
Manual mode lets you enter your own limits.

Always verify your firm's current rules before trading, as conditions can change.

Live dashboard

Balance and equity
Floating profit/loss
Today's profit or loss
Progress bars for active limits
Remaining room before each limit
Draggable and minimizable panel

Drawdown modes

Choose the calculation method that matches your requirements:

Normal drawdown
Trailing drawdown

Leave Account Size at 0 to let the EA determine the starting balance automatically, or enter a fixed account size manually.

Alerts

MetaTrader 4 push notifications
Desktop terminal alerts
Both optional and OFF by default

Parameters

Close trades at Profit/Drawdown — default OFF
Prop Firm Preset — default Manual
Account Size — default 0
Drawdown Type — Normal or Trailing
Max Daily Drawdown — default 5%
Max Account Drawdown — default 10%
Max Daily Profit — default 0%
Max Account Profit — default 10%
Push Notifications — default OFF
Alert Notifications — default OFF

Compatibility

MetaTrader 4 · all symbols · all timeframes · no external connection required

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Local Replicator for MT5 Local Replicator copies trades between MetaTrader terminals (MT5 + MT4) running on the same computer or VPS . Use one terminal as the Sender and one or more as Receivers, with support for different brokers, account sizes and symbol names. Everything runs locally. No external server, no account credentials shared, and no trading data leaves the machine. IMPORTANT: all terminals must be running on the same computer or VPS. Local Replicator does not copy trades between dif

50 USD

Multi Trend Scanner for MT5 Multi Trend Scanner puts multi-symbol, multi-timeframe trend monitoring on one chart, in one draggable dashboard. Scan your Market Watch or a custom symbol list, compare trend direction across up to six timeframes, and open any symbol with one click. Built for traders who want a fast overview of market direction without opening dozens of charts. Multi-symbol trend dashboard One row per symbol and one column per timeframe. Scan up to 60 symbols at once. Display up to

35 USD

Equity Shield 2 for MT5 Equity Shield 2 monitors your account limits while you trade. Set daily drawdown, maximum drawdown, daily profit and account profit targets, then track your remaining room live from one on-chart panel. When an enabled limit is reached, Equity Shield 2 can close your open positions and alert you. Built for prop firm challenges and traders who want an additional layer of account protection. Account protection Monitor up to four account limits: Daily drawdown Maximum accoun

55 USD

Telegram Trade Alerts for MT5 Telegram Trade Alerts sends real-time account activity from MetaTrader 5 directly to your Telegram chat. Get trade alerts, account warnings, screenshots and scheduled performance reports while you are away from the platform. The EA only monitors and reports. It does not place, modify or close trades, and it does not accept commands from Telegram. Trade alerts Position opened and closed Stop Loss and Take Profit hit Breakeven detected Trailing stop activity Entry an

35 USD

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Equity Shield 2 MT4

Algori Systems FZ-LLC

Equity Shield 2 for MT4

Account protection

Automatic protection

Prop presets

Live dashboard

Drawdown modes

Alerts

Parameters

Compatibility