MGD Prop Risk Guard MT5
- Utilitários
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Massimo Giorgio Dagri
I develop and evaluate automated trading solutions for MetaTrader 5, including Expert Advisors, custom indicators, scripts, and other analytical tools. My main area of interest is XAUUSD, where I explore systematic strategies based on technical analysis, price action, market structure, and - Versão: 1.4
Professional Account Risk Monitoring for MetaTrader 5 — FREE
MGD Prop Risk Guard MT5 is a free account risk monitoring utility designed to help traders stay informed about their daily loss limits, maximum drawdown, and available risk.
Whether you trade manually, use Expert Advisors, or participate in proprietary trading firm challenges, MGD Prop Risk Guard provides a clear, real-time overview of your account's risk exposure.
Monitor your trading risk directly from your MT5 chart with a modern, professional dashboard.
KEY FEATURES
Daily Loss Monitoring
Track your account equity against a configurable daily loss limit. View your daily reference equity, loss threshold, consumed risk, and remaining available risk.
Maximum Loss Monitoring
Monitor your overall account drawdown against a fixed initial reference balance. Easily identify how close your equity is to the configured maximum loss threshold.
Real-Time Risk Dashboard
Access essential account information in one place:
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Current account equity and balance
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Daily and maximum loss utilization
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Remaining risk in account currency
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Visual progress bars
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Floating profit and loss
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Open positions and pending orders
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Broker server time and daily reference information
Configurable Risk Alerts
Receive popup alerts when your account approaches or reaches configured risk thresholds, helping you stay informed before losses exceed your planned limits.
Professional Movable Interface
The modern dark-themed dashboard can be dragged across the chart, minimized, and restored. Dashboard preferences are saved for convenient use.
Account-Wide Monitoring
Monitor your overall account exposure, including positions across multiple trading instruments, regardless of the chart on which the utility is attached.
Persistent Risk References
Risk reference values are preserved across normal terminal restarts and chart changes, helping maintain consistent monitoring.
IDEAL FOR
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Prop firm challenge participants
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Funded account traders
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Manual traders
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Algorithmic traders using Expert Advisors
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Forex, gold, and index traders
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Anyone who wants better visibility into account risk
IMPORTANT — MONITORING ONLY
MGD Prop Risk Guard MT5 is a monitoring and alert utility.
It does not open, close, or modify trades, delete pending orders, or block trading.
It does not automatically prevent losses or enforce proprietary trading firm rules.
Daily and maximum loss calculations use the utility's configurable risk model. Actual prop firm rules may differ, including daily reset times, reference balance definitions, and drawdown calculations.
Always verify your trading firm's specific requirements.
FREE UTILITY
MGD Prop Risk Guard MT5 is completely free to use, with no trial expiration.
Developed by WillyNitro — Trading Tools for MetaTrader 5.
