Prop Firm Rules Manager MT5
- Utilities
- Version: 1.3
🛡️ The Must-Have Account Guard for Prop Firm Algo Traders
Running third-party EAs on your funded accounts? Stop worrying about breaching firm rules.
Most EAs bought from the MQL5 Market only focus on their own strategy—they know nothing about prop firm restrictions. Prop Firm Rules Manager MT5 bridges that gap completely by serving as an account-level management layer:
- Automated News Protection: Pauses trading and unloads EA activity before high-impact news, then automatically resumes after the event window closes—strictly following your firm's news compliance rules.
- Daily Drawdown Lockdown: Instantly halts all active EAs, cancels pending orders, and closes positions the moment your daily drawdown limit is hit, preventing catastrophic rule violations.
- Consistency & Profit Target Cap: Locks in profits when target thresholds are reached to satisfy consistency rules.
- Seamless Auto-Resume: Safely restores your chart setups, templates, and EA operations the next trading day without manual intervention.
No source code modifications needed. One account-level guardian for all your Market EAs and manual trades.
⚡ Exclusive Beta Access: Free Today ($50 Soon)
We are running an open beta to test edge-case stability and collect community feedback. Take advantage of this window to get full free access today. Once beta testing wraps up, the price will automatically increase to $50. Download now and leave us your honest review!
How It Works: The Pause & Auto-Resume Workflow
- Single Chart Setup: Attach the utility to just one chart. It monitors account equity, open exposure, and the MetaTrader economic calendar globally across all symbols.
- State Backup: When a news window, drawdown breach, profit target, weekend session, or holiday pause triggers, the utility instantly saves your EA chart configurations and templates.
- Execution & Pause: It safely closes other EA charts to halt automated trading, then executes your selected action (closing positions, cancelling pending orders, or leaving market orders protected).
- Automated Recovery: Once the risk window expires or a new trading day begins, it automatically re-opens the charts and restores your EA setups. A manual RESUME option is also available at any time.
Core Management Features
- Smart Economic News Shield:
- Main data Calendar From Forex Factory via Fair Economy API Official (Fair Economy is Forex Factory owner)
- Fallback to native MT5 Economic Calendar events if Forex Factory Calendar failed to fetch.
- Filters events by currency and impact level (High / Medium).
- Configurable buffer windows (minutes before and after the event).
- Selectable actions: cancel pending orders only, or flatten all exposure.
- Account-Level Drawdown & Target Control:
- Establishes a daily equity baseline at market rollover.
- Enforces a strict daily drawdown threshold (in account currency) to protect your funded phase.
- Enforces daily profit caps to satisfy firm consistency rules.
- Weekend & Holiday Flat Protection:
- Closes active exposure prior to the Friday market close.
- Protects against unexpected weekend gaps or upcoming market holidays.
- Emergency Stop-Loss Injector:
- Scans open market orders and pending orders lacking a stop-loss.
- Calculates and applies an account-currency SL using tick size, tick value, and volume, strictly respecting broker minimum stop distances without altering existing stop-losses.
- On-Chart HUD: Displays real-time equity, balance, active rule statuses, upcoming economic releases, and pending timer actions directly on your chart.
Inputs
| Input | Default | Purpose |
|---|---|---|
| NewsCurrencyToMonitor | USD,EUR,GBP | Calendar currencies to track; empty monitors all available currencies. |
| MinuteBeforeNewsToPause | 3 | Minutes before an event to trigger pause. |
| MinuteAfterNewsToResume | 3 | Minutes after an event before auto-resuming. |
| OrdersNewsAction | CLOSE_ALL_POSITIONS_ORDERS | Action on news: flatten all exposure or cancel pending orders only. |
| LimitDrawdownAmount | 0 | Daily equity drawdown limit in account currency; 0 disables it. |
| TargetProfitAmount | 0 | Daily profit target in account currency; 0 disables it. |
| EnableCloseOnFridayAndHoliday | true | Enables automated exposure flattening before market close. |
| MinutesBeforeMarketClose | 15 | Buffer time before market or holiday close. |
| RiskAmountDollar | 0 | Account-currency risk for missing stop-loss protection; 0 disables it. |
| AutoSLScanSeconds | 15 | Interval between automatic stop-loss scans. |
Quick Start Guide
- Attach the utility to a single, separate clean chart.
- Keep your trading EAs running independently on their own charts.
- Ensure "Allow Algo Trading" is enabled in MT5 toolbar and EA Common settings.
- Configure your prop firm's specific drawdown, profit target, and news parameters.
- Always test your configuration on a demo account first to verify broker-specific execution and calendar integration.
Important Limitations
- This product is a manager-only utility. It does not open trades or generate entry signals.
- It does not guarantee profit, evaluation passing, or absolute immunity against broker slippage and weekend gaps.
- Prop firm rules vary by firm, challenge phase, and account type. Always verify current terms before choosing actions.
- News detection depends on the availability, timing, and currency metadata of the native MetaTrader economic calendar.
Frequently Asked Questions
Q: Does this utility require modifying my other EAs?
A: No. It operates independently at the account level. It saves chart templates and closes chart windows to pause your EAs, then restores them when safe.
Q: Can it manage manual trading and multiple EAs simultaneously?
A: Yes. The utility monitors account-wide equity, positions, and orders across all currency pairs.
Q: Does it work safely on a VPS?
A: Yes. Running MT5 on a low-latency VPS 24/5 is strongly recommended so the auto-resume engine triggers seamlessly across rollovers and news events without interruption.
