Lot Guard

Lot Guard v1.00 is a lightweight and easy-to-use Expert Advisor (utility) designed to protect your account from trades that exceed a specified maximum lot size. Ideal for both beginner and professional traders, it helps you manage risk automatically without constant supervision.

It's a great product for prop firm accounts if you are afraid that your EA (or the firm :) can open by error a big lot size and you can exceed the maximum daily drawdown allowed.

This EA works in real-time to monitor all trades that your EA opens. If it detects that your EA opens a trade exceeding the defined maximum lot size, it will close the trade automatically and log the action.

With optional magic number filtering, you can target specific trades while ignoring others. A simple on-screen panel displays important information.

Key Features:

  • Automatic closing of trades above your defined lot size

  • Optional magic number filter to manage specific trades only

  • Real-time monitoring of open trades

  • On-screen information panel for quick overview

  • Market-ready: fully compliant with MQL5 Market rules

  • Lightweight and minimal CPU usage

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