PropProtector

Never install PropProtector directly on a live account with open trades without verifying all settings on a demo account first.

Adjust min/max balance, loss limit, profit target and trade limits to match your account size and strategy. Incorrect settings may result in immediate closure of all open trades.

Daily Loss Limit

• Percentage or fixed amount
• Real-time monitoring (equity + closed P/L)
• Early warning at configurable threshold
• Automatic closure of all trades
• Configurable daily reset time

Risk Management

• Max risk per trade (SL-based)
• Max total risk across all positions
• Close priority: newest or riskiest trade
• Stop-loss enforcement with countdown
• Margin level protection

Profit Target & Profit Lock

• Daily profit target (% or $)
• Trailing profit lock for consistency rule
• Min/max equity limits
• Persistent state (survives restarts)

Trade Limits

• Max trades per symbol / per magic
• Per-symbol override list New
• Max total trades & lot size
• Daily & weekly trade count limit
• Hedging control
• Pending orders included in all limits
• Smart deletion: farthest from price first

Time-Based Close

• Monday through Friday individually
• Separate times per day
• Optional pending order deletion
• Broker server time

Autotrading Lock

• Blocks ALL EAs after limit violation
• 3 modes: Off / Until Reset / Until Manual
• Robust closing with retry mechanism
• GUI shows BLOCKED status

How It Works

• Define activation threshold (e.g. 1% daily profit)
• Lock activates automatically when reached
• Tracks peak daily profit in real time
• Configurable lock percentage (e.g. 50%)

Example

• Activation at 1%, lock at 50%
• Profit reaches $2,000 → lock = $1,000
• Profit grows to $3,000 → lock = $1,500
• Profit drops to $1,400 → all trades closed

Trading Ban

• Configurable time windows before & after news
• Automatic closure of open trades
• Blocks new trades & pending orders
• Currency filter (USD, EUR, GBP, JPY, ...)
• Auto-detect currencies from symbol
• Manual broker GMT offset (optional, auto-detect as default)
• News event title displayed in GUI New

Pending Order Protection New

• Save existing pending orders before news
• Automatic deletion during news window
• Automatic restoration after news window
• Price validation before restoration
• Crash-safe storage to disk

Persistent Storage

• Daily balance, flags & status saved to disk
• Survives terminal crashes & restarts
• Pending orders stored crash-safe
• Automatic recovery on restart

Reset & Control

• Manual reset button in GUI
• Resets all restrictions
• Lifts autotrading lock
• Confirmation dialog for safety