FDT Guardian MT4

FDT Guardian — the stop loss MetaTrader doesn't give you

MetaTrader lets you set a stop loss per order. What it doesn't let you set is a loss limit for the account as a whole. And that's precisely the number that matters when you aren't the one opening the trades: when you copy another trader, when several robots are running at once, or simply when you're away from the screen.

FDT Guardian tracks the total floating P/L of your account — every open order across every symbol, swaps and commissions included — and acts the moment that figure reaches the limit you set.

One chart watches the entire account

This is the key difference from similar utilities. FDT Guardian doesn't rely on the ticks of the chart it's attached to. It runs on an internal timer that scans the full account several times per second, whether or not the chart symbol is moving.

This solves the classic limitation of protection tools on MetaTrader 4: because they depend on OnTick , they only react when a tick arrives for their own symbol, and in practice end up watching a single pair.

Attach it once, to any chart, any symbol, any timeframe. From there it sees everything you have open.

Guardian mode: protection doesn't stop at the first close

Most tools of this kind close your orders and switch off. The problem is that if something keeps opening trades — a copy subscription, a runaway robot — your account fills back up within seconds.

FDT Guardian stays in guardian mode after it fires: every new order that appears is closed immediately. That state holds until you press RESET, and it survives a terminal restart, recompilation and timeframe changes. It never disarms itself.

It tells you when you are NOT protected

A panel showing "protecting" while automated trading is switched off is worse than no panel at all — it creates a false sense of safety.

FDT Guardian detects the five conditions that would stop it from closing orders:

• AutoTrading button disabled in the terminal
• Auto trading permission unchecked in the expert's settings
• Terminal disconnected from the server
• Server does not allow expert advisors
• Account not permitted to trade

Whenever any of these occurs, the panel turns to a flashing red warning stating the exact reason, and sends both a platform alert and a push notification to your phone.

An important detail: if the limit is reached while trading is blocked, the expert does not mark itself as triggered, because nothing was actually closed. It keeps alerting, and the instant you enable trading it closes everything. You never end up with losses still open and the expert believing its job is done.

On-chart control panel

Everything about your account in one place, updated in real time:

• Account status: balance, equity, free margin and margin level
• Open exposure: total lots, buy/sell breakdown, net volume, order count and symbol count
• Per-symbol breakdown: net lots and P/L for each pair, sorted worst first, so the symbol bleeding the most is always at the top
• Limit consumption bar: green, amber or red depending on how far you are from the trigger
• Protection status showing the percentage of your limit already used

Seven manual actions

Quick-management buttons, all with confirmation prompts:

Each one checks that trading is enabled first — if it isn't, it says so on screen instead of failing silently.

REVERSE is the only function that opens orders. It ships disabled by default and always requires explicit confirmation. The orders it creates are unmanaged: no copy provider and no other expert will look after them.

Who it's for

Copy trading accounts. When you copy another trader you inherit their trades but not their risk discipline. You don't know whether they set a stop, whether they'll move it, or how far they're prepared to let a drawdown run. FDT Guardian lets you set your own limit, on your side of the account.

Multi-EA portfolios. If you run five, six or seven robots in parallel, each manages its own risk in isolation and none of them knows what the others are doing. Several moderate simultaneous drawdowns add up to one large drawdown that no expert is watching. FDT Guardian is the missing layer — the one that looks at the total.

Unattended manual trading. A safety limit for orders left open while you're away from the screen.

How to choose your limit

The right limit is not a universal percentage. It depends on how whoever opens the orders in your account actually operates.

If you set a limit below that system's normal drawdown, you aren't protecting it — you'll be cutting trades that would have recovered, paying the spread every time.

The correct reference is the maximum historical drawdown of the trader or expert doing the trading, plus a margin of safety. If the resulting figure exceeds what you're willing to risk, the answer isn't to tighten the limit — it's to reduce your volume until that system's normal drawdown fits inside your tolerance.

Inputs

Protection limit

• InpMode — Calculation mode: by money or by percentage
• InpValue — Limit value (account currency or percentage, depending on mode)
• InpPctBase — Percentage base: current balance or equity at startup

Behaviour

• InpKeepGuarding — Stay in guardian mode after triggering
• InpDeletePendings — Also delete pending orders
• InpMagic — Filter by magic number (0 = all orders)
• InpTimerMs — Scan interval in milliseconds
• InpSlippage — Maximum slippage on close, in points

Confirmations and alerts

• InpConfirmReset — Ask for confirmation before re-arming
• InpConfirmButtons — Ask for confirmation on the close buttons
• InpAlertPopup — Show platform alert
• InpPush — Send push notification to your phone
• InpPersist — Keep the triggered state after a terminal restart

Trading-disabled warning

• InpWarnNoAlgo — Warn when the expert is unable to trade
• InpBlinkWarning — Flashing panel in that state
• InpReAlertSec — Repeat the warning every X seconds (0 = once only)

Manual actions

• InpEnableReverse — Enable the REVERSE button (disabled by default)

Panel

• InpX , InpY — Panel position on the chart

Requirements and usage notes

• Compatible with hedging accounts and with cent accounts
• Works on any symbol and any timeframe
• Attach to one chart only. A single instance covers the entire account; multiple instances simply duplicate the work
• AutoTrading must be enabled. If you run several experts and want to stop them, remove them from their charts rather than switching off that button — it's global and would disable this protection too
• The terminal must stay open for monitoring to be active. A VPS is recommended for continuous protection
• On cent accounts, use percentage mode: in money mode the figure is expressed in the account currency, which on these accounts means cents
• Test on a demo account first

Disclaimer

FDT Guardian is a risk management utility. It generates no signals, performs no market analysis and opens no trades of its own (with the sole exception of the REVERSE function, which is disabled by default and manually operated).

It does not guarantee that losses will stop at exactly the configured value: during fast markets, thin liquidity or widened spreads, closing execution may occur at a worse level than expected.

Trading leveraged instruments carries the risk of losing your invested capital.

Also available for MetaTrader 5.