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PropFirm Drawdown Monitor

FREE

Published: 31 October 2026

Current version: 2.10

PropFirm Drawdown Monitor

Utilities
Gerardo Lopez Martinez
Gerardo Lopez Martinez
Freelance at Autonomo

Mexico

162
Version: 2.10

PropFirm Drawdown Monitor is a real-time dashboard utility designed for Prop Firm traders (FTMO, FundedNext, The5ers, etc.) and retail traders who want to track their exact Daily Drawdown buffer and Minimum Equity Floor directly on their MetaTrader 5 chart.

Most funded challenge rules calculate Daily Drawdown using the HIGHER of your Starting Balance or Starting Equity at 00:00 server time. Calculating this manually during fast market movements is stressful and prone to mistakes. PropFirm Drawdown Monitor automatically records your 00:00 daily base and updates your remaining loss buffer every 500 milliseconds.

KEY FEATURES:

• Accurate 00:00 Daily Base Tracking: Supports FTMO Standard (Highest of Balance/Equity at 00:00), Balance Only, or Equity Only.

• Live On-Chart Cyber Dashboard: Displays Daily Start Base, Current Equity, Today's P&L ($ and %), Remaining Daily Loss Buffer, Minimum Equity Floor, and Daily Profit Target.

• Early Warning Alerts: Triggers Popup and optional Mobile Push Notifications when you consume 80% (configurable) of your daily drawdown limit.

• Zero Interference (Read-Only): Monitors your account safely without modifying or closing your trades.

LOOKING FOR AUTOMATIC HARD-STOP LIQUIDATION & ANTI-REVENGE LOCK?

Check out "PropFirm Risk Guardian Pro" in our MQL5 Seller Profile for:

- Instant automatic closing of all positions and pending orders before breaching Daily or Overall Drawdown.

- Anti-Revenge Trading Lock until 00:00 server time.

- Automatic Break-Even & Trailing Stop.

- Interactive 1-Click [CLOSE ALL NOW] and [MOVE ALL TO B.E.] buttons.

INPUT PARAMETERS:

• InpInitialAccountSize: Initial Challenge Balance (0 = Auto-Detect current balance).

• InpDailyBaseMethod: Daily Drawdown Calculation Base (Highest of Balance/Equity at 00:00 [FTMO Standard], Starting Balance Only, or Starting Equity Only).

• InpMaxDailyLossPct: Reference Max Daily Loss % (e.g., 4.0% or 5.0%).

• InpMaxTotalLossPct: Reference Max Overall Drawdown %.

• InpDailyTargetPct: Reference Daily Profit Target %.

• InpEnableWarningAlert: Enable popup/sound warning when approaching daily loss limit.

• InpWarningThresholdPct: Percentage of daily loss limit to trigger warning (e.g., 80%).

• InpSendPushAlert: Send mobile Push Notification on warning.

• InpShowDashboard: Show/Hide the on-chart monitor panel.

RECOMMENDATIONS:

• Attach to ANY single chart (any symbol and timeframe) in MetaTrader 5.

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PropFirm Drawdown Monitor

Gerardo Lopez Martinez