ArgosWatch Prop Consistency Guard
- Indicateurs
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Antonios Kokkalis
Trader and systems developer 12 years on MT4 MT5, and NinjaTrader 8.
▸ See my published work: "Smart Session Breakout MT4" in CodeBase — a non-repainting
Asian range breakout indicator with an ATR body-quality filter, on-chart dashboard - Version: 1.10
- Activations: 5
⚠️ THE HIDDEN PROP FIRM TRAP: CONSISTENCY RULE VIOLATIONS
Many funded traders reach their 8-10% profit target, only to have their challenge pass REJECTED by the prop firm.
Why? Because of the Consistency Rule (enforced by FundedNext, E8 Funding, MyFundedFX, Alpha Capital, and others):
"No single trading day or single trade may account for more than 30% (or 40%) of your total profit."
If one lucky trade made 50% of your profits, you have breached the rule — even if your overall strategy is profitable!
ArgosWatch Prop Consistency Guard MT5 solves this permanently.
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🔥 KEY FEATURES AT A GLANCE
1. 📊 Real-Time Consistency Rule Progress Bar
Tracks your Best Day Profit and Best Trade Profit against your total realized profit in real-time.
• Color-Coded Status: SAFE → WARNING (80% of cap) → BREACH (100% of cap)
• Rule Selection: Choose Best Day %, Best Trade %, or Both
• Day-1 Protection: Intelligently delays ratio alerts until Day 2+ so false alarms don't trigger on your first profitable trade!
2. 🛡️ Correlated Currency Exposure Guard (Unique Feature)
Opening EURUSD, GBPUSD, and AUDUSD at the same time? You might quietly be stacking 3.0+ net LONG lots on USD!
• Deconstructs all open FX positions into net base/quote currency exposure.
• Warns you before your net directional lot exposure to a single currency exceeds your risk budget.
3. 📈 Open Position P/L Contribution Table
Lists your top open positions sorted by profit/loss contribution size. See instantly which position is dominating your portfolio performance.
4. 🔲 Minimize / Expand Toggle Button (+ / -)
Includes a one-click interactive toggle button directly on the chart. Collapse the HUD anytime to keep your chart 100% clean during active trading!
5. 🔔 Multi-Channel Alert Engine
• Pop-up Alert with Sound
• Mobile Push Notifications to your phone
• Email Alerts
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💻 HOW IT HELPS YOU PASS CHALLENGES
1. Trade Tracking: As you close trades, the HUD updates your Best Day / Best Trade ratios automatically.
2. Profit Pacing: Know exactly when your best day approaches the 30% cap so you can pause or adjust position sizing.
3. Portfolio Protection: Spot hidden correlated lot stacking across multiple forex pairs before drawdown occurs.
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⚙️ SPECIFICATIONS & COMPATIBILITY
• Platform: MetaTrader 5 (MT5)
• Asset Classes: Forex, Gold/Metals, Indices, Crypto
• CPU Efficiency: Event-driven architecture (OnTradeTransaction) — 0% CPU impact!
• Type: Utility / Risk Management Indicator
