Northvale Prop Guard
- Utilitaires
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Jasper Chun Sang Ng
Northvale Quant builds systematic EAs from published market research: session breakouts, short-term mean reversion and trend following. Each product ships with fixed stops or capped position sizes, an equity floor and prop-firm guards. We publish what fails as well as what works. - Version: 1.0
Northvale Prop Guard watches every trade on your account, from any EA or done by hand, and steps in before you break a prop firm rule.
Protection
- Daily loss limit, measured from your challenge size (FTMO style) or the day’s starting balance
- Maximum loss, static or trailing
- Profit target lock: closes everything when your target is reached, so a good day can’t turn into a failed challenge
- Safety buffer: acts before the firm’s limit, not after
When a limit is reached, Prop Guard closes all positions, deletes pending orders and keeps the account flat until the next trading day. For max loss or the target, it stays locked until you remove it. It remembers its state if MT5 restarts.
Live risk panel showing equity, today’s profit or loss, and the room left to each limit.
Setup: attach to any one chart and enter your challenge size and the firm’s limits. Set the day-reset hour to match your firm’s server time.
Free from Northvale Quant, the makers of Northvale Session Breakout.
Link to Session Breakout: https://www.mql5.com/en/market/product/200471?source=Site+Profile
