Funded Trade Manager MT5

Funded Trade Manager MT5

Most funded accounts are not lost to a bad strategy. They are lost to a single day that went too far: one oversized position, one revenge trade, one violated daily loss limit. Prop Firm Guard is a chart panel that applies the same limits your funding company applies, before the company does.

What it does

• Tracks your daily loss limit and maximum drawdown in real time, using the same day-reset logic prop firms use (configurable server reset hour).
• Blocks any new trade whose stop-loss risk, added to the risk of your open positions, would exceed the remaining daily allowance.
• Closes all positions and locks trading until the next trading day when the daily limit is reached. A separate permanent lock protects the maximum drawdown level.
• Calculates the lot size from your risk percent (or fixed money risk) and the stop distance, then opens the trade with stop-loss and take-profit attached.
• Manages your manual trades as well: it can attach missing stops, move the stop to break-even, trail it, and take a partial profit at a configurable distance.
• Optional daily profit lock: once your daily target is reached, new trades are blocked for the rest of the day, which supports consistency rules.
• Optional spread guard: new trades can be blocked while the live spread exceeds your threshold.
• The lock state survives a terminal restart within the same trading day.

What it does not do

• It does not open trades on its own and it does not contain a trading strategy.
• It does not modify or bypass any rule of your funding company. It is a discipline tool that runs on your side of the platform.

Panel overview

• Account block: balance, equity, floating P/L, daily P/L.
• Protection block: remaining daily allowance, distance to the drawdown floor, open positions and volume against their caps, total open risk to stops.
• Trade block: editable risk percent, stop distance in points and reward ratio, with a live lot preview, plus one-click BUY and SELL.
• Management row: move all winners to break-even, close winners, close losers, close all.

Main input parameters

• Risk per trade: percent of balance or fixed money amount; default stop distance; reward ratio.
• Prop firm limits: daily loss limit (percent or money), maximum drawdown (static from the initial balance or trailing from the equity peak), initial baseline, day reset hour, daily profit lock.
• Exposure limits: maximum simultaneous positions and total volume.
• Automation: auto stop attachment, break-even trigger and offset, trailing start, distance and step, partial close trigger and share.
• Scope: manage all symbols or the current chart only; include manual trades (magic 0) or panel trades only.

How to try it before buying

Download the demo and run it in the Strategy Tester in visual mode. The utility opens a small demonstration trade every few hours through the exact same risk pipeline, so you can watch the lot sizing, the break-even and trailing behavior, and the daily lock trigger with your own settings.

Recommended first setup

Set the daily loss limit and maximum drawdown to the exact values of your funding program, set the day reset hour to your broker server midnight, and start with a risk per trade of 0.5 to 1 percent. Support is provided in the Comments section.

5. Tags / keywords del formulario

prop firm, risk management, trade manager, drawdown, daily loss, lot calculator, break even, trailing stop, panel, utility