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PropGuard Lot Size and Daily Loss Panel

FREE

Published: 13 November 2026

Current version: 1.10

PropGuard Lot Size and Daily Loss Panel

Utilities
Wilson Anibe Egwoba
Wilson Anibe Egwoba
Nigeria

216
Version: 1.10

PropGuard Lot Size and Daily Loss Panel is the free version of PropGuard Trade Manager. It is a manual-trading panel with risk-based lot sizing and a daily loss lock, for traders working under evaluation or funded-account rules.

PropGuard only places an order when you click a button or press a hotkey. It does not generate trading signals.

Ready in three clicks

On first start, a short setup asks for your account type, account size and daily reset time, then configures the panel.

Order panel

Risk as % of balance, % of equity or a fixed money amount.
Stop loss in points, pips, price or an ATR multiple. Take profit in points, price or an R multiple.
Buy, Sell, Buy Limit, Sell Limit, Buy Stop and Sell Stop buttons.
Close All, Close Buys, Close Sells, Close Profitable, Close Losing, Delete Pendings and Breakeven All buttons.
Draggable entry, stop-loss and take-profit lines. The lot size updates as you drag them.
Live readout of lot size, money at risk, reward and R:R.
Light and dark themes, draggable and minimisable panel.

Lot sizing

Uses tick value, tick size and contract size, with currency conversion to the account currency.
Rounds down to the volume step and clamps to the broker's minimum and maximum.
Refuses the order, with a message, if even the minimum lot would risk more than you allowed.

Daily loss lock

Set a daily loss limit in money or %. A safety buffer acts before the real limit.
At the buffer, PropGuard closes positions, deletes pending orders and locks trading until the next daily reset.
The dashboard shows in plain language how much you can still lose today before the lock.

More rules and trade management

Max drawdown: static, trailing from highest balance or trailing from highest equity.
Profit target progress and minimum trading days counter.
Max lots, max positions and max risk per trade.
Friday close and a trading-hours window.
Automatic breakeven and trailing stop (fixed, ATR, candle or step).

Full version

The full PropGuard Trade Manager adds generic presets, news filter, consistency rule, partial closes, daily profit lock, equity peak protection, cooldown after losing streaks, spread guard, a 14-day results calendar, currency exposure, a pass-chance estimate and a daily summary.

Full version: PropGuard Trade Manager

Important

PropGuard is a risk-management tool and does not predict the market. Slippage, gaps, a lost connection or the terminal being closed can cause a loss beyond a configured limit. It can only act while the terminal is running and connected.

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PropGuard Lot Size and Daily Loss Panel

Wilson Anibe Egwoba