Market / MetaTrader 5 / Utilities /

Trade Manager Prop Risk

79 USD

Published: 2 November 2026

Current version: 1.1

Trade Manager Prop Risk

Utilities
Zicheng Liao
Zicheng Liao
Hong Kong

323
Version: 1.1
Activations: 10

Trade Manager Prop Risk is an MT5 utility for prop and discretionary traders who need a hard daily drawdown line on the chart: see today's PnL and DD vs a configured limit, and let the Expert kill new risk when that limit trips.

It is a utility, not a trading robot. It does not signal entries, does not run grids or martingale, and does not phone home for licensing beyond MQL5 Market activation. No DLL.

What it does

- Shows a chart panel with live equity, daily PnL, daily DD %, and distance to your kill threshold.
- Lets you set prop-style presets: daily DD % and/or daily loss $, optional equity floor, and a documented day-reset timezone/rule.
- On threshold: closes positions in scope (all or magic-filtered) and refuses new market/pending entries until reset or manual unlock.
- Thin helpers on an open position: set SL/TP, one-click break-even, one partial % close.
- Inputs: magic filter; symbol scope (chart symbol vs account).

How to use

1. Purchase and install from MQL5 Market. Activation is automatic via Market.
2. Attach Trade Manager Prop Risk to a chart on your demo or prop account.
3. Set daily DD % / loss $ (and optional equity floor) to match your prop rules; set magic filter if you only manage one EA's trades.
4. Leave it running through the session. When the kill trips, wait for the day boundary or use the documented manual unlock.
5. Screenshots and Strategy Tester captures show tool UI / sample fixtures — not trading results to expect.

Limits / Good to know

- Not a full Trade Assistant / InvestSoft clone — no news filters, basket dashboards, or advanced journaling in v1.
- Not a signal product — no Telegram, Discord, or trade copier.
- Local utility — no DLL; no external license email.
- Fulfill = MQL5 Market activation only. Install / FAQ: https://quantkit.co/products/trade-manager-prop-risk/ (CTA → Market).
- Activations are MQL5 Market-native. This Expert does not check Whop membership.
- Brand / site: QuantKit on quantkit.co FAQ only — Market product name does not include QuantKit.

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Trade Manager Prop Risk

Zicheng Liao