Magic Protector

♥ MAGIC PROTECTOR — Advanced Equity Protection EA ♥

Magic Protector is a utility built for traders who want better control over daily, weekly, or monthly risk exposure.

The EA continuously monitors trading performance based on your selected protection period and helps prevent further losses or overtrading once your defined limits are reached. It can work with either the entire account or only trades belonging to a specific Magic Number, making it suitable for traders running multiple Expert Advisors on the same account.

Once the selected loss limit or profit target is reached, Magic Protector automatically activates protection mode. In protection mode, it deletes matching pending orders and closes matching open positions. This helps reduce the risk of continued trading after your daily, weekly, or monthly threshold has been reached.

Key Features

Risk Protection Modes

  • Daily protection
  • Weekly protection
  • Monthly protection

Account or Magic Number Tracking

  • Protect the entire trading account
  • Or protect only trades with a selected Magic Number
  • Useful when running multiple EAs on one MT5 account

Automatic Limit Enforcement

When a limit is reached, the EA can:

  • Close matching open positions
  • Delete matching pending orders
  • Continue monitoring and blocking new exposure during the protected period
  • Toggle Algo Trading ON/OFF(On extended version)

Floating + Closed P/L Monitoring

The EA monitors:

  • Closed P/L for the current period
  • Floating open position's P/L
  • Locking condition = Floating + Closed P/L = Maximum loss allowed per period/Profit per period

News Filter Option

Optional high-impact USD news filter:

  • Pause/protect trading before high-impact USD news
  • Resume after the configured news window
  • Adjustable minutes before and after news

On-Chart Dashboard

The dashboard displays:

  • Tracking mode
  • Target Magic Number
  • Loss limit
  • Profit target
  • Period closed P/L
  • Live floating P/L
  • Net equity/P/L
  • Protection status

Lightweight Monitoring

  • Runs in the background
  • Updates automatically
  • Designed as a companion risk-management utility

Recommended Use

Magic Protector is useful for:

  • Prop firm-style daily drawdown protection
  • Use with MARTINGALE/GRID EAs to control drawdown and account blown by.
  • Limiting EA losses by Magic Number
  • Managing multiple EAs on one account
  • Reducing excessive trading or news trading

Inputs

Input Description
InpProtectWholeAccount If true, protects the whole account instead of one Magic Number
TargetMagicNumber Magic Number to monitor when whole-account mode is disabled
InpProtectionMode Daily, weekly, or monthly protection period
InpLossLimit Maximum allowed loss for the selected period
InpProfitTarget Profit target for the selected period
InpUseNewsFilter Enables/disables the news protection filter
InpNewsMinutesBefore Minutes before high-impact news to activate protection
InpNewsMinutesAfter Minutes after high-impact news to keep protection active


📩 📩📩📩📩

EXTENDED VERSION AVAILABLE

The MQL5 Market does not allow DLL usage in uploaded products.

For this reason, the Market version does not include DLL functions and does not toggle the global MT5 Algo Trading button.

A separate DLL-based private version available for users who specifically need Global Algo Trading control, Max Risk Per Trade, Max Floating Loss, and closing all pending orders etc..


For information about the extended version, please contact me privately.

♥ If Magic Protector saves your account even once, it has paid for itself. Trade protected. Trade with confidence. ♥

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The Patch It never opens a trade. It walks behind the ones that did. Every open position, every pending order — checked twice a second for the one thing that's easy to forget: a stop, a target. Found bare, it doesn't ask. It writes the missing number in, measured in points from wherever the position began, and moves on to the next. No strategy, no opinion on direction. Just the quiet assumption that nothing should ever sit on the market unprotected — not because someone decided it shouldn't,
EA Overfitter
Stephen J Martret
5 (1)
That backtest looks great. But will it still be making money tomorrow, next week, next month? EA Overfitter re-runs your EA on 100 price histories it has never seen. One score tells you if the edge is real. A backtest tells you what an EA did on one price history — the one that happened to occur. What you cannot tell from it is how much of that result was the strategy and how much was the particular path. EA Overfitter answers that. It builds up to 100 synthetic price histories your EA has n
Anchor Trade Manager
Kalinskie Gilliam
5 (9)
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
Painel de Trading para MetaTrader 5 — controle profissional de trading em um clique a partir do gráfico e do teclado Um painel de trading avançado para traders ativos, criado para abrir, gerenciar e fechar operações muito mais rápido do que com a interface padrão do MetaTrader. Esta solução foi desenvolvida para quem deseja controlar posições, ordens pendentes, lucro total e execução em um único espaço de trabalho profissional. Não se trata apenas de mais um utilitário. É um verdadeiro cockpit
Trade Dashboard MT5
Fatemeh Ameri
4.94 (135)
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
The News Filter MT5
Leolouiski Gan
4.79 (24)
Este produto filtra todos os consultores especializados e gráficos manuais durante o horário das notícias, para que você não precise se preocupar com picos de preços repentinos que possam destruir suas configurações de negociação manuais ou negociações realizadas por outros consultores especializados. Este produto também vem com um sistema de gerenciamento de pedidos completo que pode lidar com suas posições abertas e ordens pendentes antes do lançamento de qualquer notícia. Depois de comprar o
Floor Watch
Syed Tauqeer Hussain Shah
Floor Watch One number, watched every thirty seconds: how far equity has fallen since the day began — or since its highest point, if it's told to trail the peak instead of the open. Cross the line and it doesn't argue. Every open position closes, every pending order vanishes, and anything that slips through afterward gets shut the moment it appears. Not asked. Removed. The floor holds until the clock turns 5 AM Pakistan time — then, and only then, does the day start over. One rule. No except
MT5 to Telegram Signal Provider é uma utilidade fácil de usar e totalmente personalizável que permite o envio de sinais especificados para o chat, canal ou grupo do Telegram, tornando sua conta um fornecedor de sinais . Ao contrário da maioria dos produtos concorrentes, ele não usa importações de DLL. [ Demonstração ] [ Manual ] [ Versão MT4 ] [ Versão Discord ] [ Canal do Telegram ]  New: [ Telegram To MT5 ] Configuração Um guia do usuário passo a passo está disponível. Não é necessário conhec
RETAILBERG FOOTPRINT CHART PRO — Order-Flow Workspace for MetaTrader 5 Version 7.00  |  Professional System  |  31 tools  |  One chart A full 150-page illustrated User Manual is included. Please read the full manual to understand this feature packed footprint chart elements and ui. https://www.mql5.com/en/blogs/post/777982 DEMO / STRATEGY TESTER — PLEASE READ FIRST
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GoldGHOST
Adarsh P Raju
GoldGHOST EA - Trend & Smart Recovery System GoldGHOST is a fully automated, highly resilient trading system designed to capitalize on market trends while providing an ironclad recovery mechanism during unexpected trend reversals. Originally optimized for Gold (XAUUSD), this EA uses a combination of Moving Averages and RSI to pinpoint high-probability entries. When the market moves in your favor, the EA takes a quick, clean profit. However, when the market reverses, GoldGHOST truly shines. It s
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