Lab Prop Guardian
- Utilities
-
Gilberto Cardona Velez
Laboratorio de Estrategias - we turn trading ideas into tested, automated systems.
Services:
- Expert Advisors for MT4 / MT5 built to your rules (entries, exits, risk, time filters) - Version: 1.0
- Activations: 5
Lab Prop Guardian protects funded and prop-firm challenge accounts from the most common way traders lose them: breaking the daily loss or maximum drawdown rule by a few dollars.
It watches your account equity every second. When a limit is about to be reached, it closes all positions, deletes pending orders and keeps the account flat until the limit resets.
Rules it enforces
- Daily loss limit in % or money, measured from the balance or from the higher of balance/equity at the daily reset (configurable reset hour).
- Maximum drawdown: static (from initial balance), trailing (from equity peak) or trailing that stops at the initial balance.
- Profit target (optional): closes everything when the challenge target is reached, so a good day is not given back.
How it protects you
- Safety buffer: acts while a configurable part of each limit is still left (10% by default), to absorb slippage and spread.
- Warnings by alert and push notification when a limit is 70% used.
- Locks after a breach: any new trade is closed immediately. The daily lock ends at the reset; the drawdown and target locks stay until you reset them.
- Remembers its state if MetaTrader is restarted.
- Clear panel: status, equity, today's P/L, room left to the daily limit and to the drawdown floor.
- Can manage all trades on the account or only one symbol / magic number.
Important
- Enter your firm's exact rules in the inputs: each prop firm calculates limits differently.
- Keep MetaTrader running (a VPS is recommended): the Guardian can only act while the terminal is connected.
- It does not open trades and does not generate signals. It is a risk-management tool.
Made by Laboratorio de Estrategias.
