Prop Draw Down Protector MetaTrader 5 Expert Advisor

The Prop Draw Down Protector Expert is a risk-control tool for MetaTrader 5, designed for prop traders and active market participants. It helps maintain trading discipline, manage risk, and prevent emotional decisions through seven intuitive configuration tabs.

📊 Quick Specs
Category: Money Management, Risk Control, Trading Assistance
Platform: MetaTrader 5
Skill Level: Advanced
Timeframes: Multi-Timeframe
Styles: Scalping, Day Trading, Intraday
Markets: Forex, Stocks, Indices

Key Features

Control trade volume and trade count

Define custom trading sessions

Manage TP & SL by %, pips, or dollars

Limit trades to specific symbols

News alerts for economic events

Real-time account performance panel

Main Tabs

Volume: Set limits for trade size, daily/weekly volume, and max losses or wins

Time: Restrict trading to certain hours or days

P/L: Set profit and loss caps to avoid revenge trading

Symbol: Trade only on approved instruments

Trades: View real-time account stats and drawdowns

TP & SL: Enforce stop-loss and take-profit rules

News: Get alerts before key events to avoid volatile periods

Summary
This expert advisor is ideal for traders following structured strategies like ICT or SMC. It acts as a trading rule enforcer—keeping you consistent, disciplined, and protected from unnecessary risk.