Prop Firm Shield News Guard

Prop Firm Shield & News Guard MT5 — The Ultimate Funded Account Risk Guardian

Prop Firm Shield & News Guard MT5 is a professional risk management and capital preservation utility engineered specifically for traders participating in evaluation challenges or managing funded accounts at prop firms such as FTMO, FundedNext, FundingPips, The5ers, and other major firms, as well as high-balance live accounts.

The greatest risk when operating a $50,000, $100,000, or $200,000 funded account is not a standard stop-loss hit, but losing the entire account due to an accidental breach of strict daily loss limits, maximum trailing drawdown thresholds, or prohibited news trading rules. This utility acts as an automated, millisecond-fast co-pilot to ensure your account is never disqualified.

Principle of Operation

The software runs silently and ultra-fast directly on your MetaTrader 5 chart:

1. Continuous Real-Time Monitoring: Tracks your starting daily balance, floating equity, and high watermark (peak equity) every single second.

2. Preventive Safety Buffer (85%): Rather than waiting until you hit 100% of the firm's fatal drawdown limit, the shield triggers emergency action when your loss reaches your defined safety threshold (default: 85%).

3. Instant Emergency Intervention: If the threshold is approached, the system immediately closes all open market positions, deletes all pending orders, sounds an emergency audio alert, and locks trading until the next server day.

4. Native News Guard: Reads MT5's native economic calendar to detect high-impact (3-star / Red Folder) events, preventing trade execution during forbidden news windows.

Key Advantages

• Quick Presets for Top Prop Firms: Pre-configured rule profiles for FTMO, FundedNext, and FundingPips ready in one click.

• Custom Mode: Complete flexibility to tailor exact percentage limits for any other prop firm or personal risk model.

• Live On-Screen HUD: Clean visual display showing your remaining safe loss buffer in US Dollars ($) for both daily and maximum drawdown.

• One-Click "Panic Close All" Button: Red emergency button on the chart to instantly liquidate all exposure during unexpected flash crashes or market panic.

• Zero Latency: Operates entirely locally within MT5—no external APIs or lagging third-party web servers.

Input Parameters

=== PROP FIRM CONFIGURATION ===

• InpPropFirm: Choose your prop firm preset (FTMO, FundedNext, FundingPips) or select Custom.

• InpCustomDailyDD: Allowed daily loss percentage (used when Custom is selected).

• InpCustomMaxDD: Allowed maximum or trailing loss percentage (used when Custom is selected).

• InpAccountBaseSize: Base account balance. Keep at 0.0 to automatically detect your starting balance.

=== EMERGENCY PROTECTION RULES ===

• InpSafetyBufferPct: Safety buffer percentage before action is triggered (Default: 85.0% ). Protects you before reaching the firm's fatal 100% limit.

• InpAutoCloseAll: Automatically close all open positions when the safety buffer is hit ( true / false ).

• InpLockTradingDay: Lock out trading until next server day rollover after an emergency close ( true / false ).

• InpEnableAudioAlert: Trigger loud terminal audio alerts upon breach detection ( true / false ).

=== NEWS FILTERING ===

• InpNewsFilterActive: Enable high-impact news protection and trading lockouts ( true / false ).

• InpMinutesBefore: Minutes before a 3-star economic event to lock trading (Default: 5 ).

• InpMinutesAfter: Minutes after news release before allowing trading to resume (Default: 5 ).

Installation & Setup

1. Open any chart in MetaTrader 5 (e.g., EURUSD M1).

2. Attach Prop Firm Shield & News Guard MT5 to the chart.

3. In the Common tab, ensure "Allow Algo Trading" is checked.

4. Select your prop firm from the dropdown menu and click OK.

5. The HUD panel and Panic button will appear on the top-left corner of the chart, confirming that your account is fully guarded.