Creyes Prop Firm Guard
- Утилиты
-
Cesar De Los Reyes Sanchez
I design and develop expert advisors (EAs), indicators and trading utilities for MetaTrader 5. My focus is rule-based systems with clear logic and built-in risk management: fixed stop loss, risk per trade as a percentage of the account, daily loss limits and account protections. No martingale, no - Версия: 1.0
- Активации: 5
Creyes Prop Firm Guard is a rule watchdog for MetaTrader 5 accounts that follow the usual funded / challenge rules. It watches the whole account on every tick and acts before a limit is reached. It never opens trades. It only blocks, closes positions and deletes pending orders when one of your rules is about to be broken.
Rules it can watch
- Daily loss limit. Percentage of the balance or equity at the start of your trading day (you choose the start hour). A safety buffer makes the guard act before the real limit.
- Maximum loss limit. Static from the initial balance, or trailing. The initial balance can be typed in or taken from the first start of the tool.
- Profit target. When the target is reached, the guard can close everything and lock the account so no new trade stays open.
- Consistency rule. Optional limit for the share of the total profit that one single day may represent.
- News blackout. Uses the MetaTrader economic calendar (high and medium importance) to block trading some minutes before and after a release. Positions can be closed or only blocked.
- Weekend close. Closes positions and pending orders before the weekend at the hour you choose.
What happens when a rule triggers
The guard closes open positions and deletes pending orders of the account, and then closes anything that is opened while the block is active (from any other EA or by hand). Daily and news locks are released automatically; the maximum loss and the profit target locks stay on until you decide. An optional unlock button is available in the panel.
Panel
The chart panel shows the state, the daily loss, the maximum loss and the profit target as bars, the consistency status, the next news events, equity, balance, today's result and open positions. A CLOSE ALL NOW button is included.
How to use
- Attach it to one chart (any symbol and timeframe) of the account and allow automated trading.
- Set the limits of your firm in the inputs. Rules differ between firms, so please check the exact rules of yours.
- Leave it running together with your own EAs or your manual trading.
Test it on a demo account first to check the settings and the news times with your broker. The terminal must be running for the guard to work, so a VPS is advisable.
Risk warning: trading leveraged products involves a high risk of loss. This tool helps to enforce limits that you define; it does not guarantee that a challenge or a funded account is passed or kept, and it cannot act when the terminal is closed, the connection is lost or the market gaps. It is not financial advice. Use only money you can afford to lose.
Author: Creyes EA — mql5.com/en/users/creyes_88
