PropGuard MT5
- Utilitaires
- Version: 1.22
- Activations: 10
PropGuard MT5 is a risk management and account protection utility for MetaTrader 5.
It monitors account conditions in real time and helps traders apply predefined risk and trading limits consistently.
The utility is designed for traders who want additional control over daily loss, maximum drawdown, trading frequency, consecutive losses and open exposure.
Main Features
Daily Loss Protection
Set a daily loss limit using the selected calculation method and monitor usage in real time.
Maximum Drawdown Protection
Configure static or trailing high-watermark drawdown protection.
Daily Profit Target
Set a daily profit target and optionally restrict further trading when the target is reached.
Maximum Trades Per Day
Limit the number of trades that can be taken during a trading day.
Maximum Consecutive Losses
Set a maximum losing streak before trading is restricted.
Open Risk Monitoring
Monitor estimated risk from positions that have a Stop Loss.
Maximum Open Risk
Set a maximum amount or percentage of open trading risk.
Maximum Floating Loss
Protect the account from excessive unrealized losses.
Stop Loss Protection
Detect positions without a Stop Loss and choose how PropGuard should respond.
Manual Trading Freeze
Use the dashboard to freeze new trading manually.
Resume Trading
Remove a manual trading freeze when no active automatic protection rule prevents trading.
Automatic Protection
Depending on the selected settings, PropGuard can block further trading, close positions and cancel pending orders after a protection event.
Real-Time Dashboard
Monitor account balance, equity, daily performance, drawdown, high-watermark equity, trade count, loss streak, open risk and protection status.
Protection Status
SAFE
Configured limits are currently within their permitted ranges.
WARNING
One or more configured limits are approaching their threshold.
LOCKED
A protection rule has been triggered and further trading is restricted according to the selected settings.
No Stop Loss Protection
The No Stop Loss Protection feature provides three modes:
OFF
Ignore positions without a Stop Loss.
WARNING ONLY
Display an unprotected-position warning without automatically closing the position.
AUTO CLOSE
Close positions that do not have a Stop Loss according to the configured protection behavior.
Manual Controls
FREEZE TRADING
Manually restrict new trading.
RESUME TRADING
Remove an active manual freeze when the account is eligible to resume trading.
CLOSE ALL
Close active positions according to the user's confirmation and settings.
Important
PropGuard MT5 is a risk management utility. It does not generate trading signals and does not guarantee trading results or profitability.
Users are responsible for selecting appropriate protection parameters and verifying the rules applicable to their broker, account and trading program.
Test all settings on a demo account before using the utility on a live account.
