Before the Friday close: estimates how much your open positions could lose if the market reopens with a gap, and compares it with the room left under the daily loss limit of the next trading day. For prop firm and funded accounts. It only reads the account
Shows how much of the daily loss limit of a prop firm account is already used, and how much is left. Read-only indicator
Writes a CSV journal of every trade with the exit reason, and a report that shows how far each trade ran, in R. It never trades
Shows the day's result against the daily and max loss limits of a prop firm account, with a warning alert, in a panel on the chart
Calculates position size and daily / max loss limits for prop firm accounts and shows them in a panel on the chart
How many of you have lost a prop firm challenge because of the loss limits (daily or maximum), and not because of the strategy? And what would have helped you the most to pass? A clearer rule from the firm, an alert before reaching the limit, a fixed daily routine, smaller position sizes, or