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Prop-Firm Equity Guard - daily and max drawdown protection (FTMO-style) - sistema esperto per MetaTrader 5
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A standalone account-level protection utility for prop-firm challenges (FTMO and similar). Attach it to a single chart and it monitors the entire account. Works on any symbol and timeframe.
How it works:
- Daily loss limit — measured from a day-start snapshot (max of balance/equity, configurable rollover hour to match your prop firm's server time)
- Max overall loss limit — measured from the initial account size
- Safety buffer — halts trading BEFORE the real limit is hit, so a spread spike or slippage can't fail your challenge
- On breach: closes all open positions, deletes all pending orders, and sets the global variable DDGUARD_HALT to 1.0. Any other EA on the account can respect the halt with a single line: if(GlobalVariableGet("DDGUARD_HALT") > 0.0) return;
- Daily breach unlocks automatically on the next trading day; max breach is permanent — matching prop-firm logic.
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Tested on MT5 (see screenshot: live trigger closing all positions). No external dependencies. Feedback welcome.
Disclaimer: Not affiliated with, endorsed by, or connected to FTMO or any prop firm. "FTMO" is used only to describe the type of rules this tool protects.

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