PropFirm AccountGuard EA

Protecting Capital for Prop Firm & High-Equity Traders

Account Guard Prop Utility is an automated risk control system designed for prop firm challenges (FTMO, FundedNext, Forex Funders) and live retail accounts. It enforces daily drawdown limits, locks in profit targets, standardizes lot sizing, and protects account equity in real time.

Key Features

  • Daily Drawdown Protection: Automatically closes open trades and halts trading if daily equity loss reaches your maximum allowable percentage.

  • Daily Profit Lock: Automatically closes open positions and locks in capital once your daily profit target is reached.

  • Risk-Based Lot Sizing: Dynamically calculates lot sizes based on stop-loss pips and explicit percentage risk per trade.

  • StopLevel Compliance Engine: Automatically adjusts stop levels to match broker requirements and prevent execution rejection.

  • Execution Retry Handling: Built-in retry loops resolve requotes, spread spikes, and broker context-busy errors.

  • Clean On-Chart Dashboard: A pixel-perfect graphical interface displays account equity, daily return percentage, and operational status without text distortion across high-DPI displays.

Input Parameters

1. Risk Settings

  • Max Daily Drawdown (%): Maximum percentage loss permitted in a single server day before all trades close and trading stops (e.g., 5.0 ).

  • Daily Profit Target (%): Target profit percentage to lock in daily returns (e.g., 10.0 ).

  • Enable Automatic Lot Calculation: Set to true for risk-based lot sizing, or false for fixed lot sizing.

  • Risk Per Trade (%): Percentage of equity to risk per trade (e.g., 1.0 ).

  • Fixed Lot Size: Lot size to use when automatic calculation is disabled.

2. Order Management

  • Default Stop Loss (Pips): Automatic stop-loss distance in pips.

  • Default Take Profit (Pips): Automatic take-profit distance in pips.

  • Max Slippage (Pips): Maximum allowed execution slippage.

  • Magic Number: Identifier for managing EA-specific trades.

3. Emergency Utilities

  • Emergency Close All Positions On Start: Immediately closes all active positions managed by this Magic Number upon loading.

Setup Instructions

  1. Attach Account Guard Prop Utility to any chart on your MetaTrader 4 terminal.

  2. Set Max Daily Drawdown (%) according to your prop firm or personal account rules.

  3. Keep Allow Live Trading enabled in the EA settings tab.

  4. The EA will automatically monitor account equity every tick and handle risk parameters in the background.


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