Prop Protector 2

!!!The first 10 users are free!!! 

Prop Protector — Trading Panel and Risk Management Utility

Prop Protector is a utility designed for position sizing and risk management in the MetaTrader 5 terminal. The tool assists in calculating lot sizes based on defined risk parameters and monitoring daily drawdown limits.

Key Features:

  1. Trading Panel: Provides an interface for executing market Buy and Sell orders directly from the chart.

  2. Lot Size Calculation: Automatically calculates the required lot size based on a specified risk percentage of the account balance or a fixed monetary amount.

  3. Visual Management:

    • Buttons to display Stop Loss and Take Profit levels on the chart.

    • Real-time calculation of position size when adjusting SL/TP levels.

    • Calculation of the Risk-to-Reward (R:R) ratio.

  4. Order Types: Supports market and pending orders (Buy/Sell Limit, Buy/Sell Stop) according to broker trading conditions.

  5. Drawdown Control: A monitoring system for daily account drawdown. Upon reaching a predefined limit, the utility closes open positions and restricts further trading for the remainder of the day.

  6. Notifications: Provides status updates regarding trade execution and account drawdown limits via Telegram messaging.

Technical Specifications:

  • Asset Support: Compatible with all Forex currency pairs, metals (Gold/Silver), and indices.

  • Account Compatibility: Supports both Netting and Hedging account types.

  • Resource Efficiency: Optimized code ensures minimal CPU and memory usage, even when running on multiple charts.

  • Order Flexibility: Full support for both market execution and pending orders (Buy/Sell Limits and Stops).

  • Real-time Synchronization: The panel updates parameters instantly upon every tick or object modification.

FAQ:

  • Does the utility account for floating drawdown - Yes, the utility monitors real-time account equity. If the floating loss exceeds your daily drawdown limit, the system triggers the protection mechanism.

  • Can I use this utility on multiple charts simultaneously? - Yes, the panel functions independently for each symbol. However, the daily drawdown protection logic monitors the equity of the entire account, ensuring comprehensive risk control.

  • Q: Does the utility work with manual positions? - the system tracks the total account equity, meaning it monitors the performance of your entire portfolio regardless of whether the position was opened via the panel or manually.

  • Is it compatible with Prop Firm rules? -Yes, the tool is specifically configured to assist in adhering to standard daily drawdown limits often found in modern prop trading evaluations.


Setup Instructions:

  1. Enable "Allow algorithmic trading" in the Expert Advisor settings and the terminal's global settings.

  2. For Telegram notifications, go to  Tools -> Options -> Expert Advisors, enable "Allow WebRequest for listed URL," and add https://api.telegram.org.

  3. Enter your Bot Token and Chat ID in the utility's input parameters.


Technical Support

If you have any questions regarding configuration or suggestions for future updates, please contact me through the MQL5 internal chat system. I provide regular updates and am committed to prompt technical support for all users.


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Farmed Hedge Yield Farming | All Markets (Manual - Hybrid - Semi/Automated EA) VERIFIED TRADING RESULTS - Farmed Hedge Yield Axi Copy:  https://www.mql5.com/en/signals/2356376 - Farmed Hedge Yield Exn Copy:   https://www.mql5.com/en/signals/2356404 - Farmed Hedge Yield V Copy:  https://www.mql5.com/en/signals/2357156 * Before purchasing, please feel free to send me a message if you have any questions about the product or setup. ** After purchase,  Contact me via private message to receive t
Grid Manual MT5
Alfiya Fazylova
4.73 (22)
Grid Manual, sipariş ızgarasıyla çalışmak için kullanılan bir ticaret yardımcı programıdır. Yardımcı program evrenseldir, esnek ayarlara ve sezgisel bir arayüze sahiptir. Sadece kayıpların ortalaması yönünde değil, aynı zamanda kazanç artışı yönünde de bir emir ızgarası ile çalışır. Tüccarın bir emir ızgarası oluşturmasına ve eşlik etmesine gerek yoktur, bu yardımcı programı yapacaktır. Emri açmanız yeterlidir ve Grid manual otomatik olarak ona bir emir ızgarası oluşturacak ve kapanana kadar ona
Trading Chaos Expert
Gennadiy Stanilevych
5 (11)
This software has no equals in the world and represents a universal trade "console" covering trading signals, automated market entry, setting of Stop Loss and Take Profit, as well as Trailing Profit for multiple trades at the same time in a single open window. Intuitive control of the Expert Advisor in "three clicks" ensures a comprehensive use of all its functions on different computers, including tablets PCs. Interacting with additional signal indicators that mark the chart to give a real mark
Power Candles Strateji Tarayıcısı - Kendi Kendini Optimize Eden Çoklu Sembol Kurulum Bulucu Power Candles Strateji Tarayıcısı , Power Candles göstergesini çalıştıran aynı kendinden optimize edici motoru, Piyasa İzleyicinizdeki her sembol üzerinde yan yana çalıştırır. Tek bir panel, şu anda istatistiksel olarak hangi sembollerin işlem yapılabilir olduğunu, her birinde hangi stratejinin kazandığını, en uygun Stop Loss / Take Profit çiftini gösterir ve yeni bir sinyal geldiği anda size bildirim gön
Satın aldıktan sonra bana mesaj göndererek tam kullanım kılavuzu paketini + AI özelliklerini test etmek için 3 günlük OpenAI API denemesini + bir başka bonus hediyeyi alabilirsiniz Mevcut fiyat, Ağustos Yeniden Lansman Güncellemesi için sınırlı süreli indirimli fiyattır — fiyat artmadan önce sürümünüzü şimdi güvence altına alın. Sonraki fiyat: $340 Bu, piyasada şimdiye kadar denediğiniz veya gördüğünüz tüm trading panellerinden tamamen farklıdır. Şu anda perakende piyasasında bulunan en yenilik
Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
MT5 to Telegram Signal Provider , hesabınızı bir sinyal sağlayıcı haline getirerek belirtilen sinyalleri Telegram'ın sohbetine, kanalına veya grubuna göndermeyi sağlayan kullanımı kolay, tamamen özelleştirilebilir bir araçtır. Rakip ürünlerin çoğunun aksine, DLL içe aktarması yapmaz. [ Demo ] [ Kılavuz ] [ MT4 Versiyonu ] [ Discord Versiyonu ] [ Telegram Kanalı ]  New: [ Telegram To MT5 ] Kurulum Adım adım bir kullanıcı kılavuzu mevcuttur. Telegram API'si hakkında bilgi gerekmemektedir; ihtiyac
YuClusters
Yury Kulikov
4.93 (43)
Attention: You can view the program operation in the free version  YuClusters DEMO .  YuClusters is a professional market analysis system. The trader has unique opportunities to analyze the flow of orders, trade volumes, price movements using various charts, profiles, indicators, and graphical objects. YuClusters operates on data based on Time&Sales or ticks information, depending on what is available in the quotes of a financial instrument. YuClusters allows you to build graphs by combining da
Risk Manager Pro MT5 is an account protection Expert Advisor for traders who want strict risk control inside MetaTrader 5. The utility monitors your account equity, daily and weekly results, drawdown, open positions, trade count, consecutive losses, and trading hours. When a configured limit is reached, it can automatically close positions, cancel pending orders, stop other EAs, send notifications, or close the terminal. Instead of relying on discipline during a stressful trading session, you de
Welcome to ENTRY IN THE ZONE WITH SMC MULTI TIMEFRAME Entry In The Zone and SMC Multi Timeframe is a real-time market analysis tool based on Smart Money Concepts (SMC), designed to analyze market structure, price direction, and key trading zones. It supports both Single-Timeframe Analysis and Multi-Timeframe Analysis, providing a clearer view of the overall market structure across multiple timeframes, with real-time BUY / SELL signals that do not repaint. It is designed to help filter trading op
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This   is   an   extended and modified    version   of   the   free   utility   Prop   Protector.   The   price   will   increase   as   more   users   join. Prop Protector   is a powerful trading assistant designed to solve the main problem traders face: maintaining discipline and managing risk. If you work with proprietary trading firms or simply want to adhere strictly to your trading plan, this tool will become your indispensable assistant. It takes care of routine calculations and monitor
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