Features
Everything in Prop Firm Risk Manager PRO EA, a risk-management utility for MetaTrader 5.
Daily & total drawdown monitor
Choose daily baselines (start balance, start equity, higher of both, initial balance, day-high equity) and static or trailing total drawdown. Get alerts, locks or close actions when limits approach.
Professional action levels
Escalate from alert-only to closing violating positions or all managed positions, with an equity protector and drawdown add-ons.
Professional risk gate & trade panel
Buy/Sell panel with fixed-lot, percent-risk or money-risk sizing. Requires stop-loss, enforces max single-trade risk and total open-risk limits, and blocks orders that would breach your limits.
Smart De-Risk
Configurable partial or full exposure reduction as you approach your limits.
News time block
Manual windows, MT5 economic calendar or an external feed, filtered by currency and impact, with configurable behaviour if data is unavailable.
Trading session filter
Allowed days and hours, per-day sessions, overnight and weekend flat guards.
Manual trade guard
Check manual and external-EA trades after they appear, scoped by account, symbol or magic number.
Max lot & order limits
Cap lot size and the number of open positions and pending orders.
Risk calculator & chart lines
Draggable stop-loss and take-profit lines with live risk readout.
On-chart economic calendar
Filter by impact, currency and day; mark events that trigger news blocks.
Performance analytics
Net P/L, win rate, profit factor, daily results, trade history and symbol breakdowns.
Challenge phase manager
Track phase targets, trading days and progress toward profit goals.
Audit log & self-test
Review what the tool did and why. Config health checks flag risky or inconsistent settings.
Safer baseline recovery
Tracks start-of-day balance and equity separately. If a baseline cannot be confirmed after a restart, new risk is paused while close and reduce actions stay available; you can enter official values.
Balance-first risk projection
Checks open positions, pending orders and the new order together. Missing stop-losses count as unknown risk, not zero.
Firm rule editions
FundingPips rule editions and auto-flat, E8 post-payout floor and FundedNext Quick Strike tracking. Verify each against your own account.
Simulation mode
Log intended actions without sending orders, closes or deletes — ideal for learning the settings.