LX Prop Guard
- Utilitaires
- Version: 1.0
Account protection for prop-firm rules: daily loss, max loss and profit target, for any EA or manual trading.
Why traders use it: most prop accounts are not lost by a bad strategy — they are lost on one bad day: a news spike, a revenge trade, a bot left running. LX Prop Guard enforces your limit automatically: when the line is reached, the account goes flat and stays flat. Your rules do not depend on you watching the screen.
LX Prop Guard watches equity every second. When a limit is reached it closes all positions, deletes pending orders and keeps the account flat. A daily stop lasts until the next day; a max-loss or target lock lasts for good. It does not open trades on live charts.
- Daily loss measured from day-start balance, equity, or the higher of the two (as most prop firms do), with a configurable reset hour.
- Max loss: static (from initial balance) or trailing (from the highest balance).
- Optional profit-target lock: stop trading the moment the challenge target is reached.
- Warning alert before the limit, push notifications, on-chart panel.
- State survives terminal restarts.
What it does not do: it does not predict anything and cannot prevent slippage or gaps beyond your limit. Set the limit below your firm's rule (e.g. 4% for a 5% rule).
Strategy Tester: the product opens sample minimum-lot trades so you can watch the guard act. These trades are not a strategy.
About LexTrade
LexTrade builds MT5 software: Expert Advisors, indicators, scripts, panels, trade copiers, prop-firm risk tools and TradingView-to-MQL5 conversions. Any task in MetaTrader 5 — any operation, any script, any EA, any panel, any problem you cannot solve — we build it from clear rules, with a real stop loss where the strategy needs one and with tests on real ticks before delivery.
We also validate EAs independently: in-sample vs out-of-sample, walk-forward, cost stress, parameter neighbours, Monte Carlo and a luck test against random entries — so you know if a system is robust or curve-fitted before it touches money.
We deliver exactly the functions agreed, written down before the work starts. No promises of profit: backtest results are not live trading.
Custom work: contact us through MQL5.
Backtest results, not live trading. Past results do not guarantee future results.
