Prop Firm Protector EZ MT4

Short Description:
Prop Firm Protector EZ MT4 is an EA designed to protect your funded account by managing risk and ensuring compliance with the Prop Firm's trading rules. This EA automatically monitors equity levels, closes trades when profit targets or drawdown limits are reached, and provides a visual display of key account metrics. The EA features a Super Easy setup, is simple to use, and works with all different Prop Firm service providers.


Overview:
Prop Firm Protector EZ MT4 is an Drawdown Safeguard Expert Advisor meticulously crafted for traders participating in Prop Firm challenges, particularly those who need to strict equity and drawdown limits. This EA acts as an automated risk manager, continuously monitoring your trading account to safeguard it from exceeding the daily drawdown or equity targets. With a focus on simplicity and reliability, this EA is an essential tool for serious traders looking to maintain compliance and protect their accounts. Super Easy setup, select Prop Firm Account Challenge size and automatic protection is Enabled!


Key Features:

  • Equity Monitoring: The EA continuously tracks your account's equity, ensuring that it stays within the defined profit targets and drawdown limits.
  • Automated Trade Management: Automatically closes all open trades and pending orders when the upper profit target equity is reached or the drawdown limit is breached, helping you to stay within Prop Firm requirements.
  • Visual Information: Displays real-time account metrics, including current equity, target equity, daily starting balance, daily starting equity, daily profit target and daily profit/loss, directly on the chart.
  • Adaptive Daily Starting Balance and Daily Starting Equity calculation.
  • Daily Reset Balance and Equity. Normally Daily Starting Balance is used for main calculation if P/L is negative. If overnight Reset Time the account is in positive floating profit and equity exceeds the balance then Daily Starting Equity will be used for main calculations that day.

  • Configurable parameters:

    • Prop Firm Account: Prop Firm challenge account size selection list. (check below for supported account sizes)
    • Target Equity (%) to Close All Trades at (10.1%) and for second verification phase at (5.1%). Profit target equity to automatically close all trades once reached.
    • Target Equity to Close All Charts (on/off) option. Profit target equity reached and all trades are closed then Close All Charts.
    • Drawdown Limit (%) to Close All Trades at (4.5%). Define the maximum acceptable daily drawdown to protect your account.
    • Drawdown Limit to Close All Charts (on/off) option. Daily Drawdown Limit hit and all trades are closed then Close All Charts.
    • Daily Profit Target (Optional): Optionally set a daily profit target to automatically close all trades when achieved. Default settings is (2.0%). Can be used only once a day until next daily reset enables it again.
    • Daily Profit Target to Close All Charts (on/off) option. Daily Profit Target reached and all trades are closed then Close All Charts.
    • Daily Reset Time: Automatically reset the daily starting balance and daily starting equity to current balance and equity at a specified time (01:00) each day, aligning with Prop Firm rules.
    • Show Digits: Determine how many digits are displayed after the balance/equity decimal point.
    • Visual panel:

      • Prop Firm Account: Selected Prop Firm Account Challenge size.
      • Target Equity: Profit target equity level to automatically close all trades once reached.
      • Account Equity: The current equity on the account.
      • Daily Starting Balance: Daily starting account balance.
      • Daily Drawdown Limit: Maximum acceptable daily drawdown to protect your account and close all trades.
      • Daily Profit Target (Optional): Optionally set a daily profit target to automatically close trades when achieved.
      • Daily Current P/L: Current day floating profit loss on the account.

    Compliant Trading Approach:

    • Daily Balance Reset Time: Resets automatically the daily starting balance to current balance and daily starting equity to current equity at a specified time, ensuring that the account's daily drawdown and profit calculations are accurate and aligned with the Prop Firm's rules. If you run the EA today, the adaptive calculation will use your account history once to re-calculate your current situation for today and next day Daily Reset Time activates automatically.
    • Trade Management: Prop Firm Protector EZ MT4 automatically manages all Trades, EAs and Charts by closing them if the set equity thresholds are reached, preventing violations of the Prop Firm's rules.


      Specifications:

      • Platform: MT4 (VPS recommended for 24/7 use)
      • Account Type: Designed for Prop Firm challenge accounts (e.g., FTMO, FundedNext, The5ers and others)
      • Super Easy setup: Select Prop Firm Account Challenge size and adaptive automatic protection is Enabled!
      • Default settings: Profit Target at 10.1% and Daily Drawdown Limit at 4.5%. Optional Daily Profit Target 2%.
      • Timeframe: H1 or lower.
      • Pair: EURUSD (recommended)


      Supported Account Sizes:

      • 1,000
      • 2,000
      • 3,000
      • 4,000
      • 5,000
      • 6,000
      • 8,000
      • 10,000 (Default)
      • 15,000
      • 20,000
      • 25,000
      • 30,000
      • 40,000
      • 50,000
      • 60,000
      • 80,000
      • 100,000
      • 125,000
      • 150,000
      • 160,000
      • 175,000
      • 200,000
      • 250,000
      • 300,000
      • 320,000
      • 350,000
      • 400,000


      Who Should Use This EA?
      Prop Firm Protector EZ MT4 with Super Easy setup is ideal for traders in Prop Firm challenges who require drawdown risk management and ensuring compliance with the Prop Firm's trading rules. Whether you're new to Prop Firm challenges or a seasoned trader, this EA offers the robust protection needed to safeguard your account and achieve your trading goals.


      Version: v1.13
      Last update: June 2, 2025

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      Pannello di trading per il trading in 1 clic.   Lavorare con posizioni e ordini!   Trading dal grafico o dalla tastiera. Utilizzando il nostro pannello di trading, puoi fare trading con un clic dal grafico ed eseguire operazioni di trading 30 volte più velocemente rispetto al controllo MetaTrader standard. Calcoli automatici di parametri e funzioni che semplificano la vita di un trader e lo aiutano a condurre le proprie attività di trading in modo molto più rapido e conveniente. Suggerimenti gra
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      Amir Atif
      5 (5)
      Utilità
      MACD Divergence Scanner is a multi-timeframe and multi-symbol dashboard and alert that checks all timeframes and symbols to find regular and hidden divergences between price chart and MACD indicator. This divergence scanner is integrated with support and resistance zones so you can check the MACD divergences in the most important areas of the chart to find trend reversals in the price chart. Download demo version   (works on M 1,M5,M30,W1   timeframes) Full description of scanner parameters ->  
      Telegram to MT4 Coppy
      Sergey Batudayev
      4.09 (11)
      Utilità
      Da Telegram a MT4: la soluzione definitiva per la copia del segnale Semplifica il tuo trading con   Telegram su MT4   , l'utility all'avanguardia progettata per copiare i segnali di trading direttamente dai canali e dalle chat di Telegram sulla tua piattaforma MetaTrader 4, senza bisogno di DLL. Questa soluzione affidabile garantisce un'esecuzione impeccabile dei segnali con una precisione e opzioni di personalizzazione senza pari, risparmiando tempo e aumentando la tua efficienza. [ Instruction
      MT4 to Telegram Signal Provider
      Lukas Roth
      4.88 (42)
      Utilità
      Il MT4 to Telegram Signal Provider è uno strumento facile da usare e completamente personalizzabile che consente l'invio di segnali a Telegram, trasformando il tuo account in un fornitore di segnali. Il formato dei messaggi è completamente personalizzabile! Tuttavia, per un uso semplice, puoi anche optare per un modello predefinito e abilitare o disabilitare parti specifiche del messaggio. [ Dimostrativo ]  [ Manuale ] [ Versione MT5 ] [ Versione Discord ] [ Canale Telegram ]  New: [ Telegram To
      Telegram to MT4 MultiChannel Copier
      Sergio Marquez Uroz
      5 (4)
      Utilità
      Telegram to MT4 Multi-Channel Copier copia automaticamente i segnali di trading dai tuoi canali Telegram direttamente in MetaTrader 4. Nessun bot, nessuna estensione del browser, nessuna copia manuale. Ricevi un segnale su Telegram e l'EA apre l'operazione sul tuo terminale in pochi secondi. Il prodotto include due componenti: un'applicazione Windows che ascolta i tuoi canali Telegram, e questo Expert Advisor che esegue i segnali sul tuo terminale MT4. È disponibile anche una versione per MT5. G
      Support and Resistance Dashboard MT4
      Amir Atif
      5 (2)
      Utilità
      Support and Resistance Dashboard for MT4 is a multi-timeframe and multi-symbol scanner and alert system that finds S/R zones and pivot points for all timeframes and symbols and alerts when price has interaction with them. If you are using support and resistance (or supply and demand) zones in your trading strategy, this dashboard and its alert and filtering system is a big time saver for you. Download demo version   (works on M 1,M5,M30,W1   timeframes) Full description of scanner parameters ->
      Risk to R Ratio Manager
      Omar Alkassar
      Utilità
      Il Risk to Reward Ratio Manager è uno strumento visivo di gestione degli ordini e di calcolo delle dimensioni delle posizioni, progettato per supportare un trading disciplinato e una gestione professionale del rischio. Consente ai trader di impostare visivamente i livelli di ingresso, stop-loss e take-profit direttamente sul grafico, calcolando automaticamente la dimensione del lotto e il rapporto rischio/rendimento prima di inviare un ordine. Lo strumento aiuta a standardizzare la preparazione
      RSI Divergence Scanner MT4
      Amir Atif
      4.5 (4)
      Utilità
      RSI Divergence Scanner is a multi-timeframe and multi-symbol dashboard and alert that checks all timeframes and symbols to find divergences between price chart and RSI indicator. This divergence scanner is integrated with support and resistance zones so you can check the RSI divergences in the most important areas of the chart to find trend reversals in the price chart. Download demo version   (works on M 1,M5,M30,W1 timeframes) Full description of scanner parameters ->   click here . How to get
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      Levi Dane Benjamin
      4.09 (11)
      Utilità
      Trade Manager per aiutarti a entrare e uscire rapidamente dalle operazioni calcolando automaticamente il tuo rischio. Incluse funzionalità che ti aiutano a prevenire l'eccessivo trading, il vendetta trading e il trading emotivo. Le operazioni possono essere gestite automaticamente e i parametri di performance del conto possono essere visualizzati in un grafico. Queste caratteristiche rendono questo pannello ideale per tutti i trader manuali e aiuta a migliorare la piattaforma MetaTrader 4. Suppo
      Auto Trade Copier
      Vu Trung Kien
      4.76 (85)
      Utilità
      Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT4 accounts only. For MT5 accounts, you must use Auto Trade Copier for MT5 . Reference: - For MT4 receiver, please download Trade Receiver Fre
      Coppy Master MT4
      Sergey Batudayev
      4 (3)
      Utilità
      Copy Master MT4       è uno strumento di copia delle transazioni per i terminali MetaTrader 4 e MetaTrader 5. Supporta la copia in entrambe le direzioni: da MT4 a MT5, da MT5 a MT4, nonché tra conti dello stesso tipo MT4 a MT4. Per funzionare correttamente, tutti i terminali devono essere in esecuzione sullo stesso PC o VPS. [ Instruction  and Demo ]  Per la copia su MetaTrader 4, una versione separata —       Copy Master MT5       - è obbligatorio. Caratteristiche principali: Modalità di copia
      TradeMirror Pro MT4
      Hao Liu
      Utilità
      TradeMirror è uno strumento locale di copia degli ordini progettato per le piattaforme MT4/MT5, con supporto alla sincronizzazione delle operazioni in tempo reale. Tutorial Clicca sul link Tutorial di Trademirror per visualizzare altri tutorial. Vantaggi del Prodotto In linea con gli elevati standard di sicurezza, stabilità e privacy per i software finanziari, abbiamo ottimizzato tre aspetti fondamentali: Interfaccia grafica intuitiva per un utilizzo semplificato Protezione rafforzata della priv
      EasyTrade MT4
      Alain Verleyen
      5 (1)
      Utilità
      Easy Trade – Gestione Operativa Intelligente, Semplice e Potente Easy Trade è la soluzione tutto-in-uno per la gestione delle operazioni su MetaTrader, ideale per chi desidera mantenere il rischio sotto controllo e garantire un’esecuzione fluida. Progettato da zero con il feedback reale dei trader, Easy Trade rende semplice eseguire, monitorare e gestire operazioni su più simboli – senza complicare il tuo flusso di lavoro. Che tu faccia scalping manuale o gestisca un piccolo portafoglio di str
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      Konstantin Kulikov
      5 (1)
      Utilità
      Hello friends. I wrote this utility specifically for use in my profile with a large number of Expert Advisors and sets ("Joint_profiles_from_grid_sets" https://www.mql5.com/en/blogs/post/747929 ). Now, in order to limit losses on the account, there is no need to change the "Close_positions_at_percentage_of_loss" parameter on each chart. Just open one additional chart, attach this utility and set the desired percentage for closing all trades on the account. The utility has the following function
      Smart Channel M4
      Vahidreza Heidar Gholami
      Utilità
      The trend in the market can be predicted using trend lines but the problem is you don’t know where exactly the price is going to touch the trend line where you can put your pending orders on. Smart Channel Expert Advisor makes it possible to put an advanced channel around the price data, which can be configured to handle placing orders, opening and closing positions, managing risk per trade, spread, slippage, and trailing stop-loss and take-profit automatically. Features Money Management (Calcul
      Altri dall’autore
      Prop Firm Protector EZ MT5
      Rando Pajuste
      Utilità
      Short Description: Prop Firm Protector EZ MT5 is an EA designed to protect your funded account by managing risk and ensuring compliance with the Prop Firm's trading rules. This EA automatically monitors equity levels, closes trades when profit targets or drawdown limits are reached, and provides a visual display of key account metrics. The EA features a Super Easy setup, is simple to use, and works with all different Prop Firm service providers. Overview: Prop Firm Protector EZ MT5 is an Draw
      Patient RSI Trader EA MT4
      Rando Pajuste
      5 (1)
      Experts
      Short description: Only one trade is executed per pair, with a duration of about 1 day up to 2 months , requiring you to be patient . EA is focusing on market high/low RSI reverse points to enter into trend direction and targeting 150-550 pips profit with single trade. One Trade Per Pair (trend) No Martingale No Grid Overview: Patient RSI Trader is a carefully engineered Expert Advisor designed for traders who utilize the Relative Strength Index (RSI) to guide their trading decisions. This EA
      FTMO Protector PRO MT5
      Rando Pajuste
      Utilità
      Short Description: FTMO Protector PRO MT5 is an EA designed to protect your funded account by managing risk and ensuring compliance with the Prop Firm's trading rules. This EA automatically monitors equity levels, closes trades when profit targets or drawdown limits are reached, and provides a visual display of key account metrics.  EA w orks with all different Prop Firm service providers. Overview: FTMO Protector PRO MT5 is an Drawdown Safeguard Expert Advisor meticulously crafted for trade
      FTMO Protector PRO MT4
      Rando Pajuste
      5 (1)
      Utilità
      Short Description: FTMO Protector PRO MT4 is an EA designed to protect your funded account by managing risk and ensuring compliance with the Prop Firm's trading rules. This EA automatically monitors equity levels, closes trades when profit targets or drawdown limits are reached, and provides a visual display of key account metrics. EA w orks with all different Prop Firm service providers. Overview: FTMO Protector PRO MT4 is an Drawdown Safeguard Expert Advisor meticulously crafted for traders
      Drawdown Control Limiter MT4
      Rando Pajuste
      Utilità
      Overview: The Drawdown Control Limiter MT4 is a robust and efficient tool designed for traders who aim to monitor and limit drawdown levels in their MetaTrader4 Live/Demo accounts. This Expert Advisor provides real-time tracking of drawdown percentages or amounts and automatically closes positions if the specified limits are exceeded, helping protect your capital. EA account drawdown protector is designed for normal trading Live and Demo accounts (not for Prop Firms) . Key Features: Customizab
      Range Breakout and Recovery
      Rando Pajuste
      Experts
      Range Breakout and Recovery MT4 is a sophisticated automated trading system that combines range breakout strategy with unique  recovery functionality. This EA monitors price action during a specified time window, identifies the trading range, and automatically sets orders for potential breakouts. Key Features Dynamic Range Detection : Monitors and identifies price range during your specified time period Automated Order Management : Automatically sets Stop orders at range boundaries Flexible R
      Prop Firm Beater EA MT4
      Rando Pajuste
      Experts
      Prop Firm Beater EA MT4 is an automated trading system designed to safely pass Prop Firm evaluation Challenges or manage Funded or normal accounts. Operating primarily on the M5 timeframe and optimized for AUDCAD , also compatible with other currency pairs, it combines trend and momentum-based entry logic and fast scalping with a controlled 2 trades system, built-in spread limits, news/spike filters, and hard drawdown protection. 1. EA Time These settings dictate the exact hours during which
      Patient RSI Trader EA MT5
      Rando Pajuste
      Experts
      Short description: Only   one   trade is executed per pair, with a duration of about   1 day up to 2 months , requiring you to be   patient . EA is focusing on market high/low RSI reverse points to enter into trend direction and targeting   150-550 pips profit   with single trade. One Trade Per Pair   (trend) No Martingale No Grid Overview:   Patient RSI Trader is a carefully engineered Expert Advisor designed for traders who utilize the Relative Strength Index (RSI) to guide their trading dec
      Drawdown Control Limiter MT5
      Rando Pajuste
      Utilità
      Overview: The Drawdown Control Limiter MT5 is a robust and efficient tool designed for traders who aim to monitor and limit drawdown levels in their MetaTrader5 Live/Demo accounts. This Expert Advisor provides real-time tracking of drawdown percentages or amounts and automatically closes positions if the specified limits are exceeded, helping protect your capital. EA account drawdown protector is designed for normal trading Live and Demo accounts   (not for Prop Firms) . Key Features: Customiza
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