Drawdown Sentinel MT5

Professional Drawdown Monitoring & Risk Alert System

Drawdown Sentinel is a specialized utility designed for traders who need real-time monitoring of their account exposure and drawdown levels. This version focuses on providing instant awareness, allowing you to stay informed about your risk status without the need for automated intervention.

It is essential for all traders who use commercial 'risky' EAs that may not have been thoroughly tested or which use dangerous martingale or grid strategies that could suddenly increase your drawdown, resulting in your account being blown out if you are not constantly present.

Or more simply, if you want an additional security when the risky EA is trading with real money and you are not sure that it uses truly reliable capital protection strategies.

While the professional version of this tool, "Drawdown Monitor for Peaceful Sleep” which you can find among my products, includes automated emergency liquidations, this Sentinel Edition is the perfect companion for manual traders who want to maintain 100% control over their trade closures while benefiting from a sophisticated alert engine.

Core Functionalities

  • Real-Time Equity Tracking: Constantly monitors your floating drawdown and equity fluctuations.

Dual-Layer Monitoring:

  • Global Account Watch: Tracks the total drawdown of your entire portfolio.

  • Specific Magic Number Tracking: Monitor up to two additional independent Magic Numbers separately. This allows you to isolate and track the performance/risk of specific EAs or strategies in real-time, independent of the general account status.

  • Visual Dashboard: A clean, intuitive on-chart interface that shows current drawdown percentage, remaining margin, and specific risk levels for your selected Magic Numbers.

  • Multi-Stage Alerts: Set specific thresholds to receive warnings before drawdown reaches critical levels.

Instant Notification Suite

Never miss a critical move. The Assistant version includes a full suite of alerts:

  • On-Screen Pop-ups: Immediate visual warnings within your MetaTrader terminal.

  • Sound Alerts: Auditory signals to grab your attention instantly.

  • Push Notifications: Stay protected on the go! Receive alerts directly on your mobile device (MT5 App).

  • Email Integration: Detailed risk reports sent to your inbox.

Why Use This Version?

  1. Strategy Validation: Test how the drawdown monitoring logic fits your trading style before committing to full automation.

  2. Granular Control: Understand exactly which EA is consuming your margin by using the independent Magic Number monitors.

  3. Manual Intervention: Ideal for traders who prefer to evaluate market conditions personally before closing positions.

Looking for Automated Equity Protection?

If you require a system that not only monitors but also takes action—such as automatically closing all orders (globally or by specific Magic Number), disabling EAs, or protecting your account balance when specific targets are hit—please visit our Professional Edition available in our Market portfolio.

Setup & Support

  • Easy Installation: Drag and drop onto any chart.

  • Customizable Thresholds: Set your own drawdown limits and Magic Numbers in the input parameters.

  • Dedicated Support: Have questions? Feel free to reach out via the "Comments" tab or private message.

Link to the User Manual


Drawdown Sentinel is not intended for use in backtesting


List of parameters

Parameter Description
Drawdown monitor mode Drawdown monitoring mode: percentage or absolute value:
     true = drawdown percentage related to current equity
     false = absolute value in currency
Max. drawdown in percentage single positions Drawdown max. considered for single positions, as percentage of the account equity     
Max. drawdown in currency single positions Drawdown max. considered for single positions, as absolute value in current currency       
Max. total drawdown in % Total drawdown max. as percentage of the account equity - all positions except specified magic numbers
Max. total drawdown  in currency  Total drawdown max. as absolute value in current currency - all positions except specified magic numbers  
Max. total drawdown in % - magic 1 only  Total drawdown max. as percentage of the account equity -  only for the specified magic number 1
Max. total drawdown in currency - magic 1 only Total drawdown max. as absolute value in current currency -  only for the specified magic number 1
Max. total drawdown in % - magic 2 only   Total drawdown max. as percentage of the account equity -  only for the specified magic number 2 
Max. total drawdown in currency - magic 2 only  Total drawdown max. as absolute value in current currency -  only for the specified magic number 2
Skip monitoring from hour  Disable monitoring from a specific time (hour) to avoid price spikes due to increased spreads when the market closes trading 
Skip monitoring from minute Disable monitoring from a specific time (minute) to avoid price spikes due to increased spreads when the market closes trading  
Skip monitoring until hour  Disable monitoring until a specific time (hour) to avoid price spikes due to increased spreads when the market closes trading  
Skip monitoring until minute  Disable monitoring until a specific time (hour) to avoid price spikes due to increased spreads when the market closes trading  
Skip Saturday/Sunday  Disable monitoring on weekend
Pre-warning percentage  If 25 is entered, a pre-warning is issued when the DD reaches 75% (25% before the position is closed)
Specific magic number to monitor  If a magic number is entered, open positions with this magic number are considered separately in the total DD 
Mobile notification  Enable/disable pre-warning Mobile notification  
E-mail notification Enable/disable pre-warning e-mail notification 
Prefix mail subject Prefix that will be indicated in the subject line of the e-mail to identify that it is a pre-warning from Drawdown monitor
Alert notification Enable/disable pre-warning Alert notification (pop-up box)
Sound notification Enable/disable pre-warning sound notification (only if Alert notification is disabled)
Broker commission per lot in account currency  Broker commissions per lot to be considered in the drawdown calculation 
Control panel X position Position in X of the Control Panel
Control panel Y position  Position in Y of the Control Panel
Display actual values  True = visualization of actual values
False = visualization of set values
Background black  The background of the chart will be all black. 

Link to my Blog
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Levi Dane Benjamin
4.23 (30)
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 5. Suppo
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Kalinskie Gilliam
5 (7)
Utilità
Anchor: The EA Manager Your EAs manage their own trades. Anchor manages the account around them. Anchor gives you one place to control your EAs, manage risk and decide when trading is allowed. Any EA, any vendor, any broker or symbol. No source-code changes required. The Problem Most EAs only know what they are doing. They cannot see when another EA is already trading, when several EAs open and are stacking risk or when the account has reached your loss limit. Even using just one EA, it may not
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Fatemeh Ameri
4.95 (132)
Utilità
Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
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Daniel Stein
5 (1)
Utilità
Custom Alerts AIO: Monitora tutti i mercati — senza alcuna configurazione Panoramica Custom Alerts AIO è una soluzione di monitoraggio dei mercati pronta all’uso che non richiede alcuna configurazione. Tutti gli indicatori necessari — FX Power, FX Volume, FX Dynamic, FX Levels, IX Power — sono integrati internamente. Non vengono mostrati grafici, rendendolo ideale per generare alert in tempo reale in modo discreto ed efficiente. Supporta tutte le classi di asset offerte dal tuo broker: Forex,
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Abdul Jalil
4.4 (5)
Utilità
Footprint Chart Pro — Professional OrderFlow EA for MetaTrader 5 Version 6.34 | Professional tool for real traders | Institutional-Grade Visualization DEMO USERS - PLEASE SELECT EVERY TICK / REAL TICK WHEN TESTING AND YOU HAVE DOWNLOADED HISTORICAL DATA. IF YOU SEE A WAITING SCREEN AND IT IS NOT DOWNLOADING, IT MEANS YOU HAVE LOW HISTORICAL DATA. TRY 1 MIN AND 5 MIN FIRST ON 1 DAY DATA. ONE DAY DATA SHOULD BE THE NEWEST AND MOST CURRENT DATE. PLEASE WAIT UNTIL THE MARKET HAS ROLLED OVER PERIOD.
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Samuel Manoel De Souza
5 (7)
Utilità
Timeless Charts è un'utilità di trading completa progettata per trader professionisti. Combina tipi di grafici personalizzati come Grafici a Secondi e Renko con analisi avanzata del flusso ordini tramite Footprints , Clusters , Profili di Volume , studi VWAP e strumenti di analisi ancorata per una visione più approfondita del mercato. Il trading e la gestione delle posizioni vengono eseguiti direttamente dal grafico tramite un pannello integrato di gestione delle operazioni , mentre Market Repla
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Yury Kulikov
4.93 (43)
Utilità
Attention: You can view the program operation in the free version  YuClusters DEMO .  YuClusters is a professional market analysis system. The trader has unique opportunities to analyze the flow of orders, trade volumes, price movements using various charts, profiles, indicators, and graphical objects. YuClusters operates on data based on Time&Sales or ticks information, depending on what is available in the quotes of a financial instrument. YuClusters allows you to build graphs by combining da
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Boris Sedov
4.61 (18)
Utilità
Seconds Chart - uno strumento unico per creare grafici in secondi su MetaTrader 5 . Con Seconds Chart , puoi generare grafici con timeframe definiti in secondi, ottenendo una flessibilità e una precisione d'analisi ideali, non disponibili nei grafici standard in minuti o ore. Ad esempio, il timeframe S15 indica un grafico con candele di 15 secondi. Puoi utilizzare qualsiasi indicatore e Expert Advisor con supporto per simboli personalizzati. Lavorare con loro è comodo quanto operare sui grafici
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Ho Tuan Thang
5 (1)
Utilità
Quant AI Agents are independent trading Expert Advisors. Instead of trading using a fixed strategy like other conventional EAs, Quant AI Agents   is a   multi-agent AI trading framework   that turns natural-language strategy prompts into live.  WANT THE SAME RESULTS AS MY LIVE SIGNAL?   Use the exact same brokers I do:   IC MARKETS , IC TRADING   .  Unlike the centralized stock market, Forex has no single, unified price feed.  Every broker sources liquidity from different providers, creating un
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Trinh Dat
4.96 (48)
Utilità
The product will copy all telegram signal to MT5 ( which you are member) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal,  s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to s
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Shaoping Kuang
3.67 (3)
Utilità
Features   With MT5 to Interactive Brokers(IB) Trader, you can: 1. Load chart data from IB to MT5, and Analyze with all standard or customer Indicators. 2. Place Orders to IB Account Directly in MT5. 3. Make your Own EAs upon IB Securities by only making minus changes of the trading function. Usage 1) Installation Copy the "Mt5ToIBTraderEn.ex4" and sample files to [MT5 Data Folder]->MQL5->Experts.  2)  MT5 Settings Add the IP Address to the MT5 Allowed URLs in 'Tools->Options->Expert Adviso
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Nguyen Thanh Trieu
5 (2)
Utilità
Materiali e istruzioni aggiuntivi Istruzioni per l'installazione - Versione di prova dell'applicazione per un conto demo ; Informazioni Ufficiali Canale ufficiale Profilo del venditore Trade Command Center — Pannello di Esecuzione Operazioni Professionale & Controllo Risk Guard in Tempo Reale Trade Command Center è un pannello avanzato per l'esecuzione grafica degli ordini, il calcolo della dimensione dei lotti e la gestione del rischio su MetaTrader 5. È progettato per i trader manuali c
Entry In The Zone with SMC Multi Timeframe
Sirikorn Rungsang
4.83 (6)
Utilità
Welcome to ENTRY IN THE ZONE WITH SMC MULTI TIMEFRAME Entry In The Zone and SMC Multi Timeframe is a real-time market analysis tool based on Smart Money Concepts (SMC), designed to analyze market structure, price direction, and key trading zones. It supports both Single-Timeframe Analysis and Multi-Timeframe Analysis, providing a clearer view of the overall market structure across multiple timeframes, with real-time BUY / SELL signals that do not repaint. It is designed to help filter trading op
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Lukas Roth
4.87 (31)
Utilità
MT5 to Telegram Signal Provider è un'utilità facile da usare e completamente personalizzabile che consente l'invio di segnali specificati a una chat, canale o gruppo Telegram, rendendo il tuo account un fornitore di segnali. A differenza della maggior parte dei prodotti concorrenti, non utilizza importazioni DLL. [ Dimostrativo ] [ Manuale ] [ Versione MT4 ] [ Versione Discord ] [ Canale Telegram ]  New: [ Telegram To MT5 ] Configurazione Una guida utente passo-passo è disponibile. Nessuna cono
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Market Structure MTF for MT5
Marco Cesare Dezzani
Indicatori
This indicator is extremely useful for traders who want to keep an eye on the market structure without wasting time drawing it manually.  It also adds an important optional feature, which is MTF (Multi-Timeframe) analysis . Multi-Timeframe (MTF) analysis is a trading technique that consists of analysing the same financial instrument on different time intervals (charts) simultaneously, in order to gain a more complete view of the market. Starting with the analysis of higher timeframe charts to i
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Marco Cesare Dezzani
Experts
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Marco Cesare Dezzani
5 (1)
Experts
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US30 Auditor Scalper
Marco Cesare Dezzani
Experts
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