Tachi Prop Guard MT5

Tachi Prop Guard MT5 — Prop Firm Risk Manager with Drawdown Limits and Audit Log

Trading a prop firm challenge or a funded account fails for one reason more than any other: a daily loss limit or maximum drawdown breach. Tachi Prop Guard is a lightweight risk management utility for MetaTrader 5 that watches your entire account in real time, shows exactly how much risk budget you have left, and can automatically close your positions before a limit is crossed — with a full audit log of everything it does.

This is not another lot-size calculator. Its value is clarity and control: you always know which formula is being used, how much room remains, why the guard acted, and you can verify every action afterwards.

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Why traders use Tachi Prop Guard

Protect a prop firm or funded evaluation, see your daily loss and max drawdown usage on one clean panel with no mental math, get warned early, optionally let the tool close all trades at a safety threshold, and keep a tamper-evident CSV audit trail for your own review and for prop-firm disputes.

Transparent rule engine

Daily loss limit in percent or account currency, with a selectable day baseline: start-of-day balance, start-of-day equity, or max(balance, equity) at reset. Floating profit/loss, commission and swap are all included.

Maximum drawdown as Static from initial balance, Trailing by equity peak, or Trailing by balance peak, with an optional lock at initial balance. A profit target progress bar is available for display.

The panel prints the formula in plain words and live numbers, for example: Daily = 3.0% x 10,000.00 (start-of-day balance) = 300.00, Used 115.25, Left 184.75.

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Protection you control

Monitor mode observes only. Protect mode acts on a breach: close positions, delete pending orders, and lock trading until the next reset or a manual unlock. An on-panel Auto-Protect toggle can auto-close all positions and pendings when daily or max drawdown usage reaches your own threshold, with a cooldown to avoid repeated closes. A hard-stop buffer lets it act a chosen percentage earlier to absorb slippage and gaps. Order closing uses retry with error handling for requote, off quotes, market closed and trade disabled, and logs the result code. You can scope actions to all symbols, the current chart symbol only, or by magic number.

Reset clock and restart-safe state

The daily reset runs on server time with a timezone offset to match your firm schedule, and a live countdown is shown. If the terminal was closed over the reset time, the day baseline is reconstructed from account history and logged. Baselines, equity and balance high-water marks and lock state are saved across restarts with an integrity check, and are tied to your account login and server.

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Risk projection before it happens

The projected loss if every Stop Loss is hit is calculated per symbol using the terminal profit calculation. Positions and pending orders without a Stop Loss are listed separately as unbounded risk, never hidden inside a single number.

Audit log

Every event is written as one CSV line: startup, daily reset, deposit and withdrawal, warning, breach, each order closed, close errors, unlock, and input changes. The panel shows the most recent events, and the full file is written to the terminal Files folder.

Clean dashboard

A modern Canvas panel with light and dark themes, DPI scaling, draggable and collapsible, with position remembered. Warning alerts are configurable as popup, push notification and sound, each on or off, with anti-repeat.

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Who it is for

Prop firm challenge takers, funded traders, and any discretionary or EA trader who wants a hard risk framework and a clear view of the daily loss and maximum drawdown budget.

Requirements

MetaTrader 5, hedging or netting accounts. Attach it to one chart; it monitors the whole account. Enable AutoTrading for Protect and Auto-Protect actions to close orders. No DLLs, no internet access, and no external files — it runs fully inside the MT5 sandbox.

Important — honest limits

MetaTrader 5 has no pre-trade hook, so this tool cannot block another EA order before it is sent; it detects and closes such an order after it appears, and logs it. It cannot guarantee a fill during gaps, weekends, or when the market is closed or trading is disabled. It does not promise an absolute, un-defeatable lock and does not guarantee that you will pass any challenge or avoid every breach. It is a risk-management assistant, not a guarantee of results. It does not open trades or provide trading signals.