Prop DrawDown Protector EA v1.02 MT4

Description

Prop DrawDown Protector EA v1.02 MT4 is a specialized risk-management tool engineered for prop trading professionals using the MT4 platform. This advanced EA enables traders to control trading behavior by applying predefined conditions that prevent violations of profit and loss limits. With seven dedicated configuration modules, the EA strengthens psychological discipline by enforcing rule-based boundaries and delivering timely alerts. This structure helps traders remain aligned with their strategic objectives and avoid emotional decision-making.

Technical Overview

Category

Capital Oversight • Trading Governance • Utility Tool

Platform ” MetaTrader 4

Skill Level : Advanced

Function Type : Capital & Exposure Control

Timeframes : All Supported Timeframes

Trading Style : Intraday • Scalping • Short-Term

Markets : Forex • Equities • Index Instruments

Key Feature Highlights

The EA integrates a comprehensive suite of controls, including:

• Volume and exposure restrictions
• Time-based trading windows
• Three configurable SL/TP modes
• Tradable symbol filtering
• On-chart performance statistics
• Real-time news-based risk protection

By promoting structured execution and strict adherence to predefined rules, the EA enhances emotional control, supports consistent routines, and aligns trading behavior with institutional standards. When used effectively, it can significantly improve long-term consistency and profitability.

7 Control Modules
1. Volume Management

1. Max Trade Size: Hard cap on position size
2. Daily/Weekly Limits: Controls trade frequency
3. Sequence Controls: Blocks trades after consecutive wins/losses

 

2. Session Timing

1. Custom Trading Hours: Per weekday
2. Session Locks: Prevents after-hours trading
3. Time Zone Awareness: Adapts to global markets

3. Profit/Loss Governors

1. Daily/Weekly Caps: In %, pips, or $
2. Auto-Shutdown: At predefined thresholds
3. Streak Protection: Stops after set losses

4. Symbol Restrictions

1. Whitelisting: Approved instruments only
2. Market Focus: Prevents impulsive trades
3. Strategy Alignment: Matches your edge

5. Real-Time Monitoring

1. Account Dashboard: P&L, streaks, drawdown
2. Performance Analytics: Daily/weekly metrics
3. Visual Alerts: Critical warnings

6. Mandatory Risk Controls

1. TP/SL Enforcement: No naked positions
2. Adjustment Locks: Prevents tampering
3. Reminder Alerts: For missing parameters

7. News Filter

1. Economic Event Blocks: Customizable buffers
2. Volatility Protection: Around high-impact news
3. Symbol-Specific: For targeted instruments

Conclusion

The Prop Drawdown Protector EA for MT4 is an essential component for serious prop traders. It is ideally suited for ICT, SMC, and other rule-based methodologies that require disciplined execution and strong risk governance. By reinforcing consistent trading behavior and offering robust protection against drawdown violations and overtrading, the EA helps traders maintain steady, long-term performance.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

Important information!

For the first 2 weeks, trade on a demo account or a cent account (to choose the best trading conditions for yourself)

Install a trading advisor on a VPS

Real Account Profit Recorded every Friday (end of the trading week).

What’s in the package?

Experts:

• Prop DrawDown Protector EA v1.02 MT4.ex4

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Thank You

Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.

 

No Refund

Instant download items don’t accept returns, exchanges or cancellations. Please read Refund Policy carefully or contact the seller about any problems with your order.