PropGuard Pro Prop Firm Drawdown Guardian

PropGuard Pro protects prop firm challenges and funded accounts from the two mistakes that fail them: breaking the daily loss limit or the maximum drawdown.


It watches the equity of the WHOLE account (all symbols, manual trades and other EAs). When one of your limits is hit, it closes every position, deletes pending orders and blocks new entries. On live and demo accounts it never opens trades by itself.


Features

- Daily loss limit with configurable reset hour (server time) and reference: balance, or the higher of balance and equity at reset.

- Maximum loss in Static or Trailing mode, with optional lock at the initial balance.

- Early warning when a configurable percentage of a limit is used (75 % by default).

- Profit target: notify only, or close everything and stop trading.

- Friday close hour, maximum lots per position and a trading days counter.

- On-chart panel with status, equity, progress bars and floor levels.

- Alerts by Telegram and MetaTrader push notifications, plus periodic status reports.

- Warns you when Algo Trading is disabled (in that state it cannot close trades).

- Locks persist after restarting the terminal.


Main inputs

- Account size (0 = current balance).

- Daily loss limit %: set it slightly below your firm's rule.

- Max loss limit % and Max loss mode (static or trailing).

- Daily reset hour (server time).

- Warn when this % of a limit is used.

- Profit target % and Action when target is reached.

- Friday close hour, Max lots per position, Close and block on breach.

- Telegram bot token and chat ID, MetaTrader push notifications, status report every N hours.

- Panel options: show, corner and offsets.


Recommended setup

Set your limits slightly BELOW your firm's rules (for example 4 % daily if the firm allows 5 %), attach it to a single chart of any symbol and keep Algo Trading enabled. For Telegram, add https://api.telegram.org in Tools, Options, Expert Advisors, WebRequest.


Disclaimer: this is a risk management utility. It cannot prevent losses caused by gaps, slippage or broker execution, and it does not guarantee passing any challenge.

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