Equity Guard AI
Professional account protection system that closes trades and removes EAs when drawdown limits are breached.Equity Guard is a professional account protection utility designed to safeguard your trading capital. This tool monitors your account equity and drawdown in real-time, automatically executing protective measures when predefined risk thresholds are exceeded. Perfect for prop firm traders, FTMO challenges, and personal accounts.
Equity Guard AI installtion Guide Download Demo here and Test
Equity Guard continuously monitors three key metrics:
Drawdown percentage from peak equity
Minimum equity threshold
Maximum drawdown amount in account currency
When any configured threshold is breached, the system executes a three-step protection sequence:
1. Closes all open positions immediately
2. Cancels all pending orders
3. Closes all charts, removing all Expert Advisors from the terminal
This comprehensive approach ensures complete trading activity cessation, protecting your account from further losses.
Key Features
Real-Time Monitoring
The utility tracks account balance, equity, and drawdown percentage continuously. The modern dashboard displays all critical metrics at a glance with color-coded status indicators.
Multiple Protection Thresholds
Configure protection based on your risk tolerance:
Maximum drawdown percentage (recommended 15-20% for prop accounts)
Minimum equity amount in account currency
Maximum drawdown amount in dollars or account currency
Early Warning System
Receive alerts before protection triggers. The default warning activates at 80% of your threshold, giving you time to take manual action if desired.
Comprehensive Alert System
Stay informed through multiple channels:
Terminal popup alerts
Mobile push notifications (enabled by default)
Email notifications (optional)
Protection Sequence When a threshold is breached:
Step 1: Close All Positions The system attempts to close all open trades with a retry mechanism (up to 3 attempts) to ensure complete closure even during high volatility.
Step 2: Cancel All Orders All pending orders are removed to prevent new positions from opening.
Step 3: Chart Shutdown All charts are closed, automatically removing all Expert Advisors from your terminal. This prevents any EA from opening new trades.
The entire sequence executes in seconds with detailed logging of every action.
Input Parameters
Protection Thresholds
- Maximum Drawdown Percent: Set drawdown limit as percentage of peak equity (0 to disable)
- Minimum Equity Amount: Set minimum equity threshold in account currency (0 to disable)
- Maximum Drawdown Amount: Set maximum loss in account currency (0 to disable)
Alert Settings
- Enable Alerts: Terminal popup notifications
- Enable Push Notifications: Mobile alerts (requires MetaQuotes ID setup)
- Enable Email Alerts: Email notifications (requires email configuration)
- Warning Percent: Early warning threshold percentage (default 80%)
Dashboard Information
The modern dashboard displays:
- Current account balance
- Real-time equity (color-coded: green for profit, red for loss)
- Drawdown percentage (color-coded by risk level)
- Drawdown amount in account currency
- Protection status (Active, Warning, or Triggered)
- Visual threshold indicator
Usage Instructions
Installation
1. Attach Equity Guard to any chart (H1 or H4 recommended)
2. Configure your protection thresholds in input parameters
3. Enable desired alert methods
4. Click OK to activate protection
For Mobile Push Notifications
1. Open MetaTrader 5 mobile app
2. Go to Settings, Chat and Notifications
3. Enable Push Notifications and note your MetaQuotes ID
4. In MT5 desktop: Tools, Options, Notifications
5. Enter your MetaQuotes ID and test
Recommended Settings
- Maximum Drawdown Percent: 15-20% for FTMO/prop firms, 25-30% for personal accounts
- Warning Percent: 80% (alerts at 12-16% if maximum is 20%)
- Enable all alert types for maximum notification coverage