Drawdown Protection Manual Trading Blocker

🛡️ Drawdown Protection – Manual Trading Blocker (MT5)

🔒 Protect Your Account from Manual Trading Mistakes

Drawdown Protection – Manual Trading Blocker is an Expert Advisor designed exclusively for MetaTrader 5 to strictly control daily drawdown caused by manual trading.

Once the predefined daily maximum drawdown is reached, this EA automatically blocks all new manual trades, helping traders avoid emotional decisions and revenge trading.

⚙️ How It Works

• The EA continuously monitors the account equity

• It tracks the highest equity reached during the current trading day

• When the daily Max Drawdown (%) is exceeded:

  • ❌ Any new manual trade is closed instantly

  • ⛔ Manual trading is blocked until the next trading day

• Automated trades (Magic Number ≠ 0) are not affected

📌 Important Notice
When a manual trade is blocked, it is closed immediately after being opened, which means:

• a loss due to spread

• possible broker commissions

These costs are normal and unavoidable and are part of the protection mechanism.

📅 Automatic Daily Reset

• The drawdown calculation is reset automatically every new trading day (server time)

• Manual trading is re-enabled automatically on the next day

🧠 Key Benefits

✅ Enforces strict daily risk control
✅ Prevents emotional and revenge trading
✅ Works account-wide (not chart-specific)
✅ No complex settings
✅ Compatible with all symbols
✅ Lightweight and stable
✅ MT5 only

📊 Input Parameters

• MaxDrawdownPercent
  → Maximum allowed daily drawdown in percentage (%)

📌 How to Use

• Attach the EA to any chart

• Symbol and timeframe do not matter

• The EA will protect all manual trades across the account

• Keep the EA running at all times for full protection

⚠️ Warning

This Expert Advisor does not prevent the trade from opening.
It closes the trade immediately after execution once the drawdown limit is exceeded.
A small loss (spread + commission) will therefore occur.

🎯 Who Is This EA For?

• Manual traders

• Prop firm & challenge accounts

• Traders who want to strictly enforce daily loss limits

• Traders looking for an external discipline tool