PropGuard MT5
🛡️ PropGuard Engine v1.80 – The Ultimate MT5 Risk & Compliance Assistant
Take full control of your prop firm trading accounts with PropGuard Engine! Built natively for MetaTrader 5, PropGuard automates position sizing, enforces strict daily drawdown rules, and provides real-time protection against rule violations before they happen.
✨ KEY FEATURES:
• Dynamic Lot Size Calculation: Automatically sizes trades based on your Risk %, Stop Loss (in pips), and broker specifications.
• Cloud License Protection: Seamlessly binds your key to your specific MT5 account number via cloud verification.
• Dual-Layer Drawdown Limits:
- Soft Lock (4% Default): Alerts and prevents new trades as you approach loss thresholds.
- Hard Lock (5% Default): Automatically closes active positions and locks trading to protect your account from blowing prop rules.
• One-Click Trade Management: Execute Buy/Sell orders, move open positions to Breakeven (BE), or trigger Emergency Close All with a single click.
📥 DOWNLOAD & SETUP:
1. Copy the PropGuardEngine.mq5 code into MetaEditor (F4) and press F7 to compile.
2. In MT5, go to Tools -> Options -> Expert Advisors.
3. Enable 'Allow WebRequest for listed URL' and add: https://license.scoralia.ca
4. Enable 'Algo Trading' in the MT5 toolbar, drag PropGuard onto your chart, and activate with your license key!