Prop Rules Monitor
- Утилиты
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Allan Aparece Ninal
Я разрабатываю индикаторы и советники (Expert Advisors) для MetaTrader 5.
Как я работаю:
- Каждый индикатор проверяется на перерисовку: сигналы определяются только на закрытых барах, а тест на каждом тике подтверждает, что они потом не меняются. - Версия: 1.0
Prop Rules Monitor is a free indicator for MetaTrader 5 that shows how close a prop-firm account is to its daily loss limit and its max loss. It reads live equity, the way firms measure it. It warns you before a limit and when a limit is broken.
It only watches. It never opens, closes or changes a trade, so it works without Algo Trading.
Quick start
- Attach the indicator to any chart.
- Enter your firm's rules: daily loss %, what it is measured from, the reset time zone and hour, and the max loss % and type.
- Set the account size (0 takes the first deposit) and, if you like, the profit target.
- Choose the warning level. Turn on the pop-up and, if MetaTrader push is set up, the push notification.
What you see
- Daily loss limit: day start, floor, room left, % used with a bar, and the time to the reset.
- Max loss: floor and room left, static or trailing.
- Account size, equity, progress to the profit target, today's result and trading days.
- Status: OK, WARNING or BREACHED.
How it measures
- Day start: taken at your firm's reset, a time of day in a time zone (Prague, New York, UTC, UTC+3, London or server time). Daylight saving is handled.
- Daily limit: a % of the account size or of the day start. It is measured from the balance, the equity or the higher of the two at the reset.
- Max loss: static, or trailing from the highest equity, the highest closed balance or the highest end-of-day balance. It can stop at the account size. A two-stage type is also available.
- Terminal off: if it was off at the reset, the day start is rebuilt from the account history. The panel says "rebuilt".
- Peaks and the day start are kept across restarts.
Alerts
At a warning level (default 80% of a limit used) and at a breach, you get a pop-up and a push notification. The daily limit alerts once per day.
Inputs
| Input | Default |
|---|---|
| Daily loss limit % | 5; limit is - % of the account size; measured from - balance at the reset |
| Day resets in time zone / at hour | Central Europe (Prague) / 0 |
| Max loss % | 10; max loss type - static; trailing floor stops at the account size - off |
| Account size | 0 (first deposit); profit target - 10%; minimum trading days - 4 |
| Warn at % used | 80; pop-up - on; push - off |
| Panel position, margins, font size, light colours; broker server clock (auto) | - |
Related products
- Prop Rules Guard MT5 - a separate Expert Advisor that closes trades at a limit. It adds firm presets, a consistency tracker, news windows and floating-loss caps.
- Risk Position Tool - the lot size for a risk you choose, calculated from your stop-loss line.
- All my products on MQL5
Questions
- Does it close trades? No. It only shows and warns.
- Which firms? Any. Type your firm's rules once in the inputs.
- Does it need Algo Trading? No.
If it helps your trading, a short review on this page helps other traders find it.
Questions: use the comments on this page or send me a message on MQL5.
Trading involves risk. The Monitor shows measurements of your account against limits you enter; check them against your firm's own dashboard.
