Drawdown Guardian

Overview

Prop Risk Guard (MT4) is a risk-management and compliance utility designed to help traders monitor and enforce daily and overall loss limits (drawdown rules) through configurable protective actions such as warnings, trade lock, pending order cleanup, and emergency close.

This product is NOT a trading strategy, does not generate signals, and does not promise profits. Its purpose is to reduce the risk of rule violations by enforcing the limits you define.

Supported programs (presets)

The EA includes preset-style configurations intended to match common funded-account rule structures such as:

  • FTMO

  • FundedNext

  • FXIFY

Important: funded program rules can change at any time and may differ by plan. You are responsible for confirming your program’s official rules and settings.

What this EA does

  • Daily loss & Max loss monitoring (configurable)

  • Reset time control

    • Broker time / UTC / Custom offset (depending on your configuration)

    • Reset countdown displayed on chart

  • Configurable calculation base

    • Balance-based, Equity-based, or combined (depending on selected mode)

    • Optional inclusion of floating P/L, commission, and swap

  • Multi-level protection

    • Warning (visual + optional notifications)

    • Soft Lock (block new exposure actions + optional pending cleanup)

    • Hard Lock (emergency close + full lock)

  • Emergency actions

    • Close all open positions (optional filters: symbol / magic / comment)

    • Delete pending orders (optional filters: symbol / magic / comment)

  • Dashboard panel

    • Remaining daily loss

    • Remaining overall max loss

    • Current day P/L

    • Drawdown status + next reset countdown

  • Restart-aware behavior

    • Reconstructs state after terminal restart using account history and your reset settings

  • Audit-friendly logs

    • Every protective action is logged with a clear reason (“why locked / why closed”)

Important technical notes (please read)

  • MT4 cannot forcefully prevent a third-party EA from sending an order at the exact same moment unless that EA is coded to respect a shared lock flag.
    Prop Risk Guard can close trades, delete pending orders, and apply a “lock state”, but it cannot guarantee 100% prevention of violations under extreme conditions (gaps, slippage, latency, broker execution delays).

  • This utility does not bypass funded-account rules and does not guarantee account approval, pass rate, or profitability.

  • Execution risks (slippage/gaps/latency) can still cause loss beyond the threshold before actions complete.

Typical use cases

  • Stop trading after a defined daily loss limit

  • Enforce overall max loss (equity stop behavior)

  • “Panic Close” workflows (Close All + Lock)

  • Prop-style DD monitoring for strict rule accounts

Inputs (Parameters) – Main Categories

A) Program / Reset Settings

  • Program preset: FTMO / FundedNext / FXIFY / Custom

  • Reset mode: Broker Time / UTC / Custom Offset

  • Reset hour & minute

  • Custom UTC offset (if used)

B) Loss Limits

  • Daily loss limit (%)

  • Overall max loss (%)

  • Calculation mode: Balance / Equity / Combined

  • Include floating P/L: ON/OFF

  • Include commission: ON/OFF

  • Include swap: ON/OFF

C) Protection Thresholds

  • Warning threshold (% of limit)

  • Soft lock threshold (% of limit)

  • Hard lock threshold (% of limit)

D) Actions

  • On Warning: panel warning / notifications

  • On Soft Lock: block new trades (as applicable) / delete pending orders (optional)

  • On Hard Lock: close positions / delete pendings / full lock

  • Close/Delete filters:

    • Apply to ALL trades

    • Or filter by Symbol / Magic Number / Comment

E) Notifications

  • Popup alerts: ON/OFF

  • Push notifications: ON/OFF

  • Email notifications: ON/OFF

F) UI

  • Panel position and scale

  • Show/hide details and countdown

Installation & Setup

  1. Attach the EA to one chart (any symbol/timeframe) and enable AutoTrading.

  2. Select your preset (or Custom) and set reset time correctly.

  3. Set daily and overall loss limits and choose action thresholds.

  4. Test first on a demo account to verify reset timing and behavior.

  5. For best reliability, use a VPS if you depend on emergency actions.

Disclaimer

Trading is risky. This product helps enforce the limits you configure but cannot eliminate all execution risks (slippage, gaps, latency) and does not guarantee compliance, pass rate, or profitability.

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BB Return — altın (XAUUSD) işlemleri için bir Uzman Danışman’dır (EA). Bu işlem fikrini daha önce manuel trading de kullandım. Stratejinin temeli, fiyatın Bollinger Bands aralığına geri dönmesidir; ancak mekanik şekilde veya her dokunuşta işlem açılmaz. Altın piyasasında bantlar tek başına yeterli olmadığı için EA, zayıf ve çalışmayan piyasa koşullarını eleyen ek filtreler kullanır. İşlemler yalnızca geri dönüş mantığının gerçekten geçerli olduğu durumlarda açılır.   Trading prensipleri — strate
Forex GOLD Investor
Lachezar Krastev
4.46 (50)
WINTER SALE — FINAL DAYS! Get Forex GOLD Investor with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Price: $217 (Regular Price: $547 — You Save $330!) FREE BONUS: News Scope EA PRO A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Live Results: https://www.m
Quantum King MT4
Bogdan Ion Puscasu
5 (2)
Quantum King EA — Her Yatırımcı İçin Geliştirilmiş Akıllı Güç IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Özel Lansman Fiyatı Canlı Sinyal:       BURAYA TIKLAYIN MT5 versiyonu :   TIKLAYIN Quantum King kanalı:       Buraya tıklayın ***Quantum King MT4 satın alın ve Quantum StarMan'i ücretsiz edinin!*** Daha fazla bilgi için özelden sorun! Kural       İşlemlerinizi hassasiyet ve disiplinle yapın. Kuantum
Vortex Turbo — “Fırtınayı kontrol et, girdabı yönet” Vortex Turbo, akıllı ticarette bir sonraki evrimsel aşamayı temsil ediyor; en son yapay zeka mimarisini, uyarlanabilir piyasa mantığını ve hassas risk kontrolünü birleştiren benzersiz bir gelişme. Kanıtlanmış algoritmik prensipler üzerine kurulu olan bu sistem, birden fazla stratejiyi yeni bir tahmin zekası seviyesiyle desteklenen birleşik, yüksek hızlı bir ekosisteme entegre ediyor. Altın (XAUUSD(GOLD)) için scalping uzmanı olarak tasarlanan
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
WINTER SALE — FINAL DAYS! Get Forex Diamond EA with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Sale Price: $217 (Regular Price: $547 — You Save $330!) FREE BONUS: News Scope EA PRO  A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Forex Diamond EA – Relia
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
Javier Gold Scalper V2
Felipe Jose Costa Pereira
5 (4)
Javier Gold Scalper: Teknolojimiz Yanınızda! Kullanım Kılavuzu ve yapılandırma dosyaları: Kılavuz ve yapılandırma dosyalarını almak için satın aldıktan sonra benimle iletişime geçin. Fiyat: Fiyat, satılan lisans sayısına bağlı olarak artar. Mevcut kopyalar: 5 Finans piyasalarının en volatil varlıklarından biri olan altın üzerinde işlem yapmak yüksek hassasiyet, detaylı analiz ve çok etkili bir risk yönetimi gerektirir. Javier Gold Scalper , bu temel unsurları sağlam ve gelişmiş bir sistemde bir
Bazooka EA
Davit Beridze
5 (3)
Bazooka EA – MT4 için Trend ve Momentum Uzman Danışmanı MT5:  https://www.mql5.com/en/market/product/163078 Önemli:   Yorumlar bölümünde düzenli olarak güncellenmiş set dosyaları paylaşıyoruz. Mevcut piyasa oynaklığında en iyi performansı elde etmek için lütfen backtest ve canlı işlemlerinizde en güncel sürümü kullandığınızdan emin olun. Bazooka EA , MetaTrader 4 için geliştirilmiş tam otomatik bir Uzman Danışmandır (Expert Advisor). Piyasanın yönlü hareketlerini işlemeye odaklanır ve trend doğr
ChatGPT Turbo ile AI Destekli Teknoloji Infinity EA, GBPUSD ve XAUUSD için tasarlanmış gelişmiş bir ticaret Uzman Danışmanıdır. Güvenliğe, tutarlı getirilere ve sonsuz karlılığa odaklanır. Martingale veya grid ticareti gibi yüksek riskli stratejilere dayanan diğer birçok EA'nın aksine. Infinity EA, genel ticaret deneyiminizi olağanüstü kılmak için en son ChatGPT sürümü tarafından sağlanan makine öğrenimi, veri analitiği AI tabanlı teknoloji üzerine yerleştirilmiş sinir ağına dayalı disiplinli,
Recovery Manager Pro, diğer danışmanlardan veya manuel olarak açılan siparişlerden kaynaklanan kesintileri kurtarmaya yönelik bir sistemdir. RM Pro, otomatik olarak dinamik olarak ayarlama yeteneğine sahiptir. Yatırımcının risk seviyesini seçmesi gerekir ve danışman tam otomatik modda çalışacaktır. Düşüş kurtarma modunda ve bekleme modunda çalışabilir! Başka bir danışman bir dezavantaj oluşturursa, RM Pro bunu devre dışı bırakacak, pozisyonu kilitleyecek ve kısmi kapatmalar kullanarak mevduatın
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KBI Signal Executor (MT4) | TradingView → MetaTrader Execution Bridge What it is KBI Signal Executor is a MetaTrader 4 Expert Advisor that executes and manages trades based on external signals, primarily alerts generated on TradingView and delivered through a structured data feed (e.g., Google Sheet / CSV). Bridge Concept (TradingView → MetaTrader) This EA is an execution bridge for signals generated by two custom SMC-based TradingView indicators. Your TradingView indicators generate BUY/SELL
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