Public MQL5 CodeBase indicator

PropGuard MT5 Drawdown Risk Dashboard

A chart-based MetaTrader 5 risk monitor that visualizes where configured daily-loss or overall-drawdown limits would be reached.

The engineering problem

Why this tool exists

Account-level limits are difficult to reason about from open positions alone. The tool turns configured loss rules, current equity and open exposure into an immediately visible chart reference.

Published capabilities

Live deadline-price line for configured risk limits
Daily-loss and overall maximum-drawdown views
Equity and open-exposure-aware calculation
Optional trailing-drawdown handling
On-chart dashboard presentation

Engineering evidence

Account and position data mapped into a chart-level decision aid
Configurable risk assumptions kept visible to the user
A public implementation that can be inspected before hiring

What this case study does not claim

The tool visualizes configured thresholds; it does not guarantee compliance with any prop-firm rule set.
It is engineering proof, not evidence of trading profitability.

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Review scope and boundaries

Trading risk disclosure

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading, and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical performance disclosure

Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. There are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical results are generally prepared with the benefit of hindsight, do not involve financial risk, and cannot completely account for the impact of financial risk in actual trading. Market conditions, the ability to withstand losses, and adherence to a trading program can all materially affect actual results.

NinjaTrader trademark disclosure

NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein, or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.