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PropBlaster Drawdown Meter

FREE

Published: 11 November 2026

Current version: 1.0

PropBlaster Drawdown Meter

Utilities
Michael Juergens
Michael Juergens
Germany

679
Version: 1.0

PropBlaster Drawdown Meter shows on one panel how close your account is to the rules of your prop firm challenge. Pick your program from the list, or enter your own rules once. The meter then watches the whole account: manual trades, trades from the mobile app and trades from other Expert Advisors.

Monitor only: it never opens, changes or closes a trade on your account. Run it next to your own EAs or your trade copier without any side effects.

Quick start

Attach the meter to any one chart of the account.
Choose your prop program in "Prop firm rules" (or Custom and enter your limits).
Set "Trading day starts at this server hour" to your firm's daily reset.

What the panel shows

State: WITHIN RULES, CLOSE TO LIMIT or RULE BROKEN, with the reason
Loss today against the daily limit, and the room left in money
All SL hit: the result if every open stop loss is hit, and the room that would be left today and until the max. loss
Max. loss: static, trailing from the highest balance, or end-of-day trailing, in % and the room left in money
Challenge: profit against the target, trading days against the minimum
Best day: share of your best day in the total profit (consistency rule) and the profit still needed
Trades today and open positions

Prop firm presets

FTMO 2-Step, FTMO 1-Step, FundedNext Stellar 2-Step, FundedNext Stellar 1-Step
Daily loss and max. loss in % of the initial balance, measured on equity
Custom: daily loss in % of the initial balance, % of the day-start balance, money or R; max. loss static, trailing or end-of-day trailing; profit target, minimum trading days, best-day limit
Firms change their rules - always check the current rules of your program

Warnings

Alert pop-up and optional push notification when 80 % of a limit is used (adjustable), when all open stop losses together would break a limit, and when a rule is broken
Watches the whole account, or only trades with one magic number

Good to know

Initial balance is found automatically from the deposits, or entered by you
No DLLs, no internet connection, no external files

Want the rules enforced, not only shown? PropBlaster Guard closes rule-breaking trades, locks trading at the limit and adds trade limits, sessions and news blackouts. PropBlaster Daily Loss Guard (free) locks the account at your daily loss limit.

PropBlaster tools for MetaTrader 5

Free: Position Sizer, Daily Loss Guard, Drawdown Meter, Copier Duo, Stats. Paid: Trade Panel, Guard, Stats Pro, Copier. You find them under "More from author".

PropBlaster Cockpit is a separate Windows desktop app by the same author: trade journal, rule book and pre-trade check for several accounts. It is not sold in the Market, and this product works without it.

Important

PropBlaster Drawdown Meter is an information tool. It does not generate trading signals and does not open, change or close trades. Gaps, slippage and execution time can make a loss exceed a limit, so keep a safety margin below your firm's limits. The meter works while MetaTrader 5 is running with the meter attached to one chart. Trading involves risk.

Strategy Tester note

The panel needs a live chart. In the Strategy Tester, the meter opens one small demonstration position at a time with stop loss and take profit, so the automatic Market check sees activity. This happens only in the tester.

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Screenshot #1 PropBlaster Drawdown Meter

Screenshot #2 PropBlaster Drawdown Meter

Screenshot #3 PropBlaster Drawdown Meter

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PropBlaster Copier - Local Trade Copier for Prop Accounts Try it first for free: PropBlaster Copier Duo copies one master to one slave account on the same PC or VPS. Test your setup with it, then switch to this full version for more accounts, lot scaling and symbol mapping. PropBlaster Copier works between MetaTrader 5 terminals only (no MetaTrader 4). Copy trades from one MT5 account to any number of other accounts on the same PC or VPS. One EA for master and slave, lot scaling, symbol mappin

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PropBlaster Trade Panel lets you plan a trade directly on the chart. Drag the stop loss line, and the panel calculates the lot size from your risk. It then manages the open trade for you: break-even, trailing stop and partial close. The panel only sends the orders you click. It never trades on its own. 100 % native MQL5 - no DLLs, no web requests. Every screenshot on this page is from a live demo chart. Quick start 1. Drag the EA onto the chart of the symbol you trade and allow Algo Trading. 2.

30 USD

PropBlaster Stats Pro shows the statistics of your MT5 account directly on the chart. It reads your trade history and answers the questions that matter: which EA, which symbol and which hours make or lose money, how deep was the drawdown, and are you within the consistency rule of your prop firm. Quick start 1. Attach the EA to any chart. 2. Optional: set magic number or symbol filters and, for prop accounts, the consistency limit (default 30 %) and your profit target in the inputs. 3. Choose th

30 USD

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PropBlaster Drawdown Meter

Michael Juergens