Prop Rules Guard MT5

Prop Rules Guard MT5 is a utility (Expert Advisor) for MetaTrader 5 that keeps a prop-firm account inside its rules. It measures the daily loss limit and the max loss on equity, the way the firm does, and at a safety buffer before a limit it closes your trades and keeps the account flat until the firm's daily reset.

It never opens a trade. It works with manual trading and with other Expert Advisors on the same account.

What it does

• Daily loss limit on equity: from the balance, the equity or the higher of the two at the reset; as a % of the account size or of the day start.
• The firm's reset time and time zone: 00:00 Prague, 17:00 New York, 00:00 UTC+3, server midnight and more, with daylight saving handled.
• Max loss: static, trailing from the highest equity, from the highest closed balance, or from the highest end-of-day balance, optionally stopping at the account size; also a two-stage type.
• Lock at 90% of a limit (adjustable): deletes pending orders, closes positions, and closes anything opened while locked. A restart or re-attaching does not lift a lock.
• Consistency rule: best day as a share of total profit, and today's profit cap that keeps you within it; optional stop for the day at the cap.
• News: alerts before high-impact releases from the MetaTrader economic calendar, and optionally deletes pendings or closes positions before the firm's window opens. Inside the window it only warns, because at most firms a close inside the window is itself the violation.
• Floating-loss caps for all trades or per symbol, open risk at your stop losses against the room left, positions without a stop loss.
• Profit target and trading days on the panel; optional lock when the target is reached.
• Scope: every position, this chart's symbol, or listed magic numbers (0 = manual trades).

Firm presets

22 presets, checked against each firm's own rule pages on 2026-10-16: FTMO (2-Step, 1-Step, Instant), FundedNext Stellar (2-Step, 1-Step, Lite, Instant), FundingPips (2-Step, 2-Step Pro, 1-Step, Zero), E8 (One, Signature), Alpha Capital (Pro 6%, 8%, 10%), Blue Guardian (2-Step, 1-Step, Instant), Funded Trading Plus 2-Step Classic, Instant Funding (Two-Phase, One-Phase Pro). The Custom preset takes any other rule set. Firms change their rules: the panel shows the date each preset was checked, so compare it with your firm's current rules.

Your firm not listed? Send me a private message here on MQL5 with your firm and programme, the daily loss limit (% and what it is measured from), the daily reset time and time zone, the max loss and its type (static or trailing), and any consistency or news rule. I will add it as a preset in the next update. Until then, the Custom preset takes the same settings.

Before you use it on a firm account

• Check your firm's policy on Expert Advisors. Some firms allow risk-management EAs, some need approval, some forbid any purchased EA. The Guard only closes trades, but it is still an EA.
• Algo Trading must be on, or the Guard can only warn. The panel turns red when it is off.
• The buffer lowers the chance of touching a limit; it cannot remove it. In a fast market, a gap or a closed market, a close can fill beyond the lock level, even beyond the floor.
• Attach it to one chart only. A second copy on the same account stays inactive.

Inputs (main)

• Firm preset - Custom - or one of the 22 presets
• Account size - 0 - 0 takes the first deposit
• Profit target of this phase - 10%
• Custom rules - daily %, measured from, reset zone and hour, max % and type, consistency, trading days, news window
• Lock at % of a limit used - 90
• Lock for the day / at max loss / at target / at the consistency cap - on / on / off / off
• News mode - Alerts only - or delete pendings, or close and delete, before the window
• Warn at % of a limit used - 75; pop-up and push notification

Strategy Tester

In the tester only, the Guard opens small demo trades so you can watch it lock and unlock in visual mode. On a live or demo account it never opens a trade. In the tester the news filter uses a built-in list of high-impact USD releases, because the economic calendar is not available there.

Questions

• Does it stop me from breaking a rule? It closes and blocks trading before a limit, but fills in fast markets can go further. It lowers the risk; it cannot guarantee a pass.
• Will my firm accept it? That depends on the firm's EA policy. Ask the firm if you are unsure.
• Does it work with other EAs? Yes. It closes their trades too unless you limit the scope by magic number.
• What if the terminal is off? Nothing runs while the terminal is off. A VPS keeps it running.
• Free version? Prop Rules Monitor shows the same daily and max-loss measurements with alerts, without closing anything.

Questions: use the comments on this page or send me a message on MQL5.

Trading involves risk. The Guard enforces limits you set; it does not predict the market and does not guarantee that an account passes or stays funded.