PropBlaster Drawdown Meter
- Утилиты
- Версия: 1.0
PropBlaster Drawdown Meter shows on one panel how close your account is to the rules of your prop firm challenge. Pick your program from the list, or enter your own rules once. The meter then watches the whole account: manual trades, trades from the mobile app and trades from other Expert Advisors.
Monitor only: it never opens, changes or closes a trade on your account. Run it next to your own EAs or your trade copier without any side effects.
Quick start
- Attach the meter to any one chart of the account.
- Choose your prop program in "Prop firm rules" (or Custom and enter your limits).
- Set "Trading day starts at this server hour" to your firm's daily reset.
What the panel shows
- State: WITHIN RULES, CLOSE TO LIMIT or RULE BROKEN, with the reason
- Loss today against the daily limit, and the room left in money
- All SL hit: the result if every open stop loss is hit, and the room that would be left today and until the max. loss
- Max. loss: static, trailing from the highest balance, or end-of-day trailing, in % and the room left in money
- Challenge: profit against the target, trading days against the minimum
- Best day: share of your best day in the total profit (consistency rule) and the profit still needed
- Trades today and open positions
Prop firm presets
- FTMO 2-Step, FTMO 1-Step, FundedNext Stellar 2-Step, FundedNext Stellar 1-Step
- Daily loss and max. loss in % of the initial balance, measured on equity
- Custom: daily loss in % of the initial balance, % of the day-start balance, money or R; max. loss static, trailing or end-of-day trailing; profit target, minimum trading days, best-day limit
- Firms change their rules - always check the current rules of your program
Warnings
- Alert pop-up and optional push notification when 80 % of a limit is used (adjustable), when all open stop losses together would break a limit, and when a rule is broken
- Watches the whole account, or only trades with one magic number
Good to know
- Initial balance is found automatically from the deposits, or entered by you
- No DLLs, no internet connection, no external files
Want the rules enforced, not only shown? PropBlaster Guard closes rule-breaking trades, locks trading at the limit and adds trade limits, sessions and news blackouts. PropBlaster Daily Loss Guard (free) locks the account at your daily loss limit.
PropBlaster tools for MetaTrader 5
Free: Position Sizer, Daily Loss Guard, Drawdown Meter, Copier Duo, Stats. Paid: Trade Panel, Guard, Stats Pro, Copier. You find them under "More from author".
PropBlaster Cockpit is a separate Windows desktop app by the same author: trade journal, rule book and pre-trade check for several accounts. It is not sold in the Market, and this product works without it.
Important
PropBlaster Drawdown Meter is an information tool. It does not generate trading signals and does not open, change or close trades. Gaps, slippage and execution time can make a loss exceed a limit, so keep a safety margin below your firm's limits. The meter works while MetaTrader 5 is running with the meter attached to one chart. Trading involves risk.
Strategy Tester note
The panel needs a live chart. In the Strategy Tester, the meter opens one small demonstration position at a time with stop loss and take profit, so the automatic Market check sees activity. This happens only in the tester.
