PropGuardian Prop Firm Risk Guard

PropGuardian is a risk management utility for traders working with prop-firm style rules.

PropGuardian watches your account in real time and enforces prop-firm style limits automatically. The moment a limit is about to be breached, it closes all positions, deletes pending orders and locks trading, so a single losing day does not take the account past its limits.

It works alongside your own manual trading or any other Expert Advisor. Attach it to one chart and it protects the whole account.

Main Features

• Daily loss limit (% of day-start balance, or the higher of balance/equity), with your own reset hour to match your firm's server time
• Max drawdown limit – static (from initial balance) or trailing (from the high-water mark)
• Optional profit target: close everything and lock once the target is reached
• Safety buffer: acts slightly before the limit, so slippage doesn't push you over
• Early warnings when a set % of a limit is used (pop-up and push notification to your phone)
• Blocks new trades while locked – any position opened during a lock is closed immediately
• Daily lock releases automatically at the next reset; max-drawdown and target locks stay until you start a new challenge
• "Start new challenge" button on the panel re-bases all limits to the current balance when you move to a new account or phase
• Clear on-chart panel: equity, daily loss and drawdown used, room left, colour-coded bars
• Magic number filter: protect all trades, or only one EA's trades
• Settings and locks survive terminal restarts and timeframe changes

How To Use

1. Attach PropGuardian to any one chart of the account you want to protect.

2. Enter your firm's rules: daily loss %, max drawdown %, drawdown type, account size.

3. Turn on Algo Trading. That's it – trade as normal.

Inputs

• Max daily loss (%) – default 5
• Daily loss measured from – day-start balance, or higher of balance/equity
• Daily reset hour (server time)
• Max overall drawdown (%) – default 10
• Drawdown mode – static or trailing
• Initial account size (0 = auto-detect)
• Profit target (%) – 0 = off
• Safety buffer (%)
• Warn at (% of a limit)
• Magic filter (-1 = all trades)
• Close any new trades while locked
• Start new challenge (reset locks and re-base limits)
• Show 'Start new challenge' button
• Pop-up alerts / push notifications / status panel

Notes

• PropGuardian does not open trades on a live or demo account. In the Strategy Tester it places small demo trades so you can watch the limits and the panel work.
• Always set the limits to match your firm's exact rules. PropGuardian acts on the values you enter.
• Keep the terminal running (or use a VPS) for continuous protection.