SynthGuard Account Protector

  • Utilities
  • PROSPRA IQ ENTERPRISES (PTY) LTD
    PROSPRA IQ ENTERPRISES (PTY) LTD
    MQL5 developer, South Africa. I build Expert Advisors, indicators and utilities for MetaTrader 5 and 4, and convert MT4 code to MT5. Every delivery: a written spec first, code compiled with 0 errors and 0 warnings, every input documented, and a Strategy Tester report on real ticks, not bar
  • Version: 1.0
  • Activations: 10
SynthGuard is a utility Expert Advisor that does not open trades. It watches the account and enforces the limits you set. When a limit is hit it closes positions, adds missing stop-losses and shows the reason on the chart.

It was built for synthetic indices (Volatility, Boom and Crash, Step, Jump) and for accounts between 50 and 500 USD, where one unmanaged trade can be the whole account. It works on any symbol and any MetaTrader 5 broker, hedging or netting.

WHAT IT DOES

1. Daily loss limit, in percent of day-start balance or in money, counting open losses. When reached, all positions are closed, and any position opened later that day is closed again on the next tick.
2. Optional daily profit target: reach it, everything is closed, done for the day.
3. Forced stop-loss. Any position without a stop-loss gets one, placed at the distance that equals your maximum risk per trade. Stops that risk far more than that can be tightened.
4. Maximum lot size. Positions above the cap are closed (or only reported, your choice).
5. Maximum trades per day.
6. Pause after N consecutive losing trades.
7. Cooldown in minutes after a losing trade.
8. Optional trading-hours window (server time).
9. Chart dashboard: balance, equity, today's result, remaining daily budget, trades used, losses in a row, status, and the reason for the last action. CLOSE ALL button.
10. Pop-up and push alerts for every action it takes.

WHAT IT DOES NOT DO

It does not trade and it has no strategy. It cannot make an account profitable; it limits how much a bad day costs.

It cannot grey out the buy and sell buttons. MetaTrader does not allow a program to do that. A trade opened while you are blocked is closed on the next tick, so you pay the spread and nothing more.

It only works while MetaTrader 5 is running with SynthGuard on a chart and Algo Trading enabled. If you close the terminal, the protection stops. A VPS keeps it running.

It does not change broker-side margin rules or stop-out levels.

HOW TO INSTALL

1. Attach SynthGuard to one chart only. From that chart it monitors the whole account, every symbol, every timeframe.
2. Enable Algo Trading (toolbar button). Without it the utility can see positions but cannot close them or set stop-losses; the dashboard shows a warning.
3. Set the inputs. The defaults are for an 80 USD account.
4. Check that the dashboard shows status OK and today's remaining budget.

INPUTS

Daily limits
DailyLossMode - Percent of day-start balance, or Money (account currency). Default: Percent.
DailyLossValue - the limit. Default: 5.0. Today's result is realised profit plus floating profit, so an open loss counts.
CloseAllOnDailyStop - close every position when the limit is hit. Default: true.
BlockAfterDailyStop - close any new position opened after the daily stop. Default: true.
DailyProfitTarget - money amount; when reached, close everything and stop for the day. Default: 0 (off).

Per-trade protection
MaxRiskPerTrade - money amount; forced stop-losses are placed at the distance that loses exactly this. Default: 1.60.
ForceStopLoss - put a stop-loss on positions that have none. Default: true.
TightenWideStops - also move stops that risk more than MaxRiskPerTrade x StopTolerance. Default: true.
StopTolerance - 1.5 means an existing stop may risk up to 150 percent of MaxRiskPerTrade before it is tightened. Default: 1.5.
MaxLots - positions larger than this are closed (or only reported, see next). Default: 0.50.
CloseOversized - true closes oversized positions; false only warns. Default: true.

Trade and loss limits
MaxTradesPerDay - positions opened today; anything beyond is closed. Default: 6. 0 = off.
MaxConsecLosses - pause for the rest of the day after this many losses in a row. Default: 3. 0 = off.
CooldownMinutes - block new positions for this long after a losing trade. Default: 10. 0 = off.
UseTradingHours, StartHour, EndHour - server hours; positions opened outside the window are closed. Default: off, 8, 20.

Dashboard and alerts
ShowDashboard, DashCorner, DashX, DashY, DashFontSize - dashboard position and size.
PopupAlerts - Default: true.
PushAlerts - Default: false. Needs your MetaQuotes ID in Tools > Options > Notifications.

Tester / self-test
TesterSelfTest - in the Strategy Tester only, opens small test positions every TesterEveryBars bars so you can watch the guard act. It never opens positions on a live chart. Default: true.
MagicNumber - magic number of those tester positions. Default: 20261026.

"Today" is the server day. Day-start balance is rebuilt from the deal history, so attaching the utility in the middle of a day still gives the right number, and a restart does not reset your loss count.

RECOMMENDED SETTINGS FOR 50-100 USD ON SYNTHETIC INDICES

The defaults are already set for an 80 USD account: 5 percent daily loss (4 USD), 1.60 per trade (2 percent), 6 trades a day, pause after 3 losses, 10-minute cooldown. Change one thing: set MaxLots to the minimum lot of the symbol you trade that day (Jump and Boom/Crash 0.01, Volatility 75 0.001, Step Index 0.10). Run it on a demo account for a day first and read the Experts log so you know what each action looks like.

FAQ

Does it work on a demo account? Yes. Any MetaTrader 5 account, demo or real, any broker. Test it on demo first.

What happens if I close MetaTrader or remove the EA from the chart? The protection stops immediately. SynthGuard is a program on a chart, not a setting at the broker. If you want it running when your PC is off, use a VPS.

Can it stop me from opening trades? Not physically. MetaTrader does not let any program disable the trade buttons. When you are blocked, every new position is closed on the next tick. You lose the spread each time. It makes breaking your own rules expensive and visible, not impossible.

Will it close trades opened by other EAs? Yes. It polices every position on the account, manual or automated, on every symbol. There is no way to exempt one EA in this version; that is deliberate.

Does it open trades in the Strategy Tester? Only there, and only if TesterSelfTest is on: it opens small test positions so you can watch the guard close them, set stops and hit the daily limit. On a live or demo chart it never opens a position.

Will the forced stop-loss protect me in a Boom/Crash spike? It sets the stop, but a spike can gap through any stop, and the broker fills at the next available price. SynthGuard reduces the damage; it cannot guarantee the exact stop price. Nothing can.

Does it promise profit? No. It does not trade. It limits losses to the number you chose.

One MaxLots value for all symbols? In this version, yes. Set it to the minimum lot of the symbol you are trading that day. A per-symbol list is planned for the next version.
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The Patch It never opens a trade. It walks behind the ones that did. Every open position, every pending order — checked twice a second for the one thing that's easy to forget: a stop, a target. Found bare, it doesn't ask. It writes the missing number in, measured in points from wherever the position began, and moves on to the next. No strategy, no opinion on direction. Just the quiet assumption that nothing should ever sit on the market unprotected — not because someone decided it shouldn't,
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
Power Candles Strategy Scanner - Self-Optimizing Multi-Symbol Setup Finder Self-optimizing settings work one chart at a time, and finding where they pay off right now means opening chart after chart. Power Candles Strategy Scanner runs the same self-optimizing engine as the Power Candles indicator on every symbol in your Market Watch, side by side. One panel ranks where it pays off: the winning strategy per symbol, its optimized Stop Loss and Take Profit. An alert fires the moment a fresh signal
VirtualTradePad PRO SE MT5 — professional trading control center for MetaTrader 5 VirtualTradePad PRO SE is a premium chart-based trading panel and trade-management workspace for MetaTrader 5 . It is designed for traders who want faster execution, clearer position control, structured trade management, visual level planning and a professional workflow directly from the chart. This is not only a BUY / SELL panel. PRO SE combines manual trading, pending orders, position management, partial exits, b
Prop Guardian Risk Manager MT5 – Drawdown, Risk & Hedge Protection for Prop Firm and Managed Accounts Prop Guardian Risk Manager is a professional risk-control utility for MetaTrader 5, designed for prop firm traders, money managers and anyone who wants strict account-level risk protection. It does not generate trading signals, strategy entries or trading decisions. Instead, it runs in the background, monitors your account risk and can automatically block new exposure, close managed positions or
The product will copy all telegram signal to MT5 ( which you are member) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal,  s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to s
Floor Watch
Syed Tauqeer Hussain Shah
Floor Watch One number, watched every thirty seconds: how far equity has fallen since the day began — or since its highest point, if it's told to trail the peak instead of the open. Cross the line and it doesn't argue. Every open position closes, every pending order vanishes, and anything that slips through afterward gets shut the moment it appears. Not asked. Removed. The floor holds until the clock turns 5 AM Pakistan time — then, and only then, does the day start over. One rule. No except
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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
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5 (10)
Telegram to MT5: The Ultimate Signal Copying Solution Simplify your trading with Telegram to MT5, the modern tool that copies trading signals directly from Telegram channels and chats to your MetaTrader 5 platform, without the need for DLLs. This powerful solution ensures precise signal execution, extensive customization options, saves time, and boosts your efficiency. [ Instructions and DEMO ] [ FAQ ] [ How atach logs properly ] [ Settings descrition ] Key Features Direct Telegram API Integrati
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DashPlus is an advanced trade management tool designed to enhance your trading efficiency and effectiveness on the MetaTrader 5 platform. It offers a comprehensive suite of features, including risk calculation, order management, advanced grid systems, chart-based tools, and performance analytics. Key Features 1. Recovery Grid Implements an averaging and flexible grid system to manage trades during adverse market conditions. Allows for strategic entry and exit points to optimize trade recovery
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