Prop Firm Manager Pro

Prop Firm Manager Pro is a comprehensive, automated risk-management and equity-protection Expert Advisor (EA) designed for MetaTrader 5. Built specifically for proprietary firm traders and disciplined retail traders, this utility acts as a failsafe against daily drawdown violations and emotional trading by strictly enforcing your predefined risk parameters and profit targets.

🌟 Core Features

• Hard Stop Drawdown Protection: Automatically calculates your precise start-of-day balance (factoring in closed deals, swaps, and commissions). If your floating daily drawdown reaches your maximum allowed limit (e.g., 4.5%), the EA instantly liquidates all open positions and deletes pending orders to protect your funded account.

• Staged Loss Mitigation (Soft Limit): Features an intelligent exposure-reduction protocol. If your drawdown hits a warning threshold (e.g., 3.5%), the EA identifies your worst-performing open position and partially closes a specified percentage of its volume (e.g., 50%). This buys your account breathing room before the hard limit is ever reached.

• Auto-Profit Target Lock: Secures your daily gains automatically. Once your floating profit hits a defined daily target percentage (e.g., 2.0%), the EA closes all active trades and issues an alert, ensuring you do not give back your hard-earned profits to the market.

• Dynamic Interactive Dashboard: Includes a sleek, non-intrusive on-chart heads-up display that provides real-time tracking of:

  • Daily Start Balance & Current Equity

  • Daily PnL (%) with dynamic color-coding (Green for profit, Red for loss)

  • Active Limit and Target thresholds

  • Live EA Status (Active, Warning, Mitigating, or Blocked)

• Robust Execution & Failsafes: Built with a sophisticated retry mechanism to force trade closures even during broker server errors or requotes. It includes customizable slippage tolerance and sends immediate push notifications to your mobile device during critical account events.

⚙️ Customizable Input Parameters

Risk Management Settings:

• Max Daily Loss Percent: The hard ceiling for daily drawdown (Default: 4.5%).

• Auto Close On Limit: Toggle the automatic closure of all trades and orders when the hard stop is breached.

• Remove EA On Limit: Automatically detach the EA from the chart after a hard limit is hit to prevent further trading.

• Mitigation Loss Percent: The soft limit threshold that triggers the partial-close safety mechanism (Default: 3.5%).

• Enable Mitigation: Toggle the staged mitigation system on or off.

• Partial Close Percent: The percentage of the worst-performing trade's volume to close during mitigation (Default: 50.0%).

• Slippage Points: Maximum allowed slippage for emergency automated closures.

• Send Push Notification: Receive immediate mobile alerts for soft or hard limit events.

• Max Retries: Number of automatic retry attempts if a broker server rejects a close request.

Equity Target Settings:

• Target Profit Percent: The daily account growth percentage required to automatically lock in profits (Default: 2.0%).

• Enable Target Alert: Toggle pop-up alerts when the daily target is hit and trades are secured.

User Interface Settings:

• Dashboard Position: Snap the dashboard to any of the 4 chart corners, or select the Manual (Drag & Drop) option to freely place the UI anywhere on your screen.