Local Account Monitor MT5

Local Account Monitor MT5 is a read-only local monitoring utility for traders who run multiple MetaTrader terminals on the same PC or the same Windows VPS.

It combines Agent mode and Dashboard mode so you can monitor local accounts from one place, spot stale terminals quickly, review account health states, and inspect risk details without switching between many terminals.

Public channel: CLICK HERE

What it is for

  • Monitoring multiple local MT5 terminals from one dashboard
  • Quickly identifying Healthy, Warning, Critical, and Stale/Error accounts
  • Reviewing equity, floating P/L, margin level, drawdown, open positions, and exposure at a glance
  • Filtering, sorting, and paging through local accounts more efficiently

How it works

  • Agent mode publishes a local snapshot from each terminal
  • Each snapshot includes terminal heartbeat and key account metrics such as balance, equity, floating P/L, margin, positions, and exposure
  • Dashboard mode reads available local snapshots and builds one local monitoring panel with top issues, KPI summary, account list, and inspector details

Dashboard capabilities

  • Filter accounts by state: All, Critical, Warning, Healthy, or Stale/Error
  • Sort accounts by risk, margin, floating P/L, age, or alias
  • Inspect selected accounts for status reason, drawdown, free margin, used margin, leverage, exposure, and recent local events
  • Review portfolio exposure across fresh local snapshots

Alerts and monitoring controls

  • Configurable stale threshold
  • Configurable margin warning and critical levels
  • Configurable floating loss warning and critical levels
  • Optional sound and push alerts with cooldown control

What it does not do

  • It does not copy trades
  • It does not synchronize execution
  • It does not open, close, or modify trades
  • It is designed for local monitoring only, not for different machines or remote servers

Who may find it useful

  • Traders running several local MT5 accounts
  • Users managing multiple terminals on one Windows VPS
  • Anyone who wants a stronger local monitoring workflow without trade copying

Cross-platform local monitoring

This MT5 version can work alongside the MT4 version when both are running locally on the same machine.

MT4 version: https://www.mql5.com/en/market/product/168591

Setup and usage guide

Read the full guide here: https://www.mql5.com/en/blogs/post/768017

Local Account Monitor MT5 is focused on local visibility, account health monitoring, and practical day-to-day supervision for multi-terminal setups on one machine.

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Your EAs cannot see each other, but Anchor can. Anchor gives you one place to coordinate your EAs, manage risk, and decide when trading is allowed. It works alongside the trading bots you already use without any changes to them. The Problem One EA opens a trade. Then another starts trading. The next thing you know, you wake up to multiple grids built across your account. Each EA may be doing exactly what it was designed to do, but together they can place far more risk on your account than you in
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