Bneu Prop Firm Manager

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Bneu Prop Firm Challenge Manager Free — Challenge Tracking Utility for MT5

This free utility for MetaTrader 5 assists traders participating in proprietary trading firm evaluation challenges. It monitors account metrics, tracks challenge progress, and displays rule compliance status with pre-configured prop firm presets.

Free Version Features

Prop Firm Presets:

- Pre-configured rule sets for common proprietary trading firms

- FTMO preset with corresponding rule parameters

- MyForexFunds (MFF) preset with corresponding rule parameters

- The5ers preset with corresponding rule parameters

- FundedNext preset with corresponding rule parameters

- Custom preset option for manual configuration

Challenge Progress Tracking:

- Current profit percentage display

- Profit target percentage tracking

- Days remaining counter (for time-limited challenges)

- Trading days counter

- Phase 1 and Phase 2 status indicators

- Challenge start date configuration

Rule Monitoring Display:

- Daily loss percentage display

- Maximum drawdown percentage display

- Current balance vs starting balance

- Peak balance tracking

- Violation status indicator

Visual Dashboard:

- Challenge progress metrics display

- Profit achieved percentage indicator

- Daily loss percentage indicator

- Maximum drawdown percentage indicator

- Trading days counter

- Days remaining counter

- Phase completion status display

- Progress bar visualization

Risk-Based Position Sizing:

- Calculate lot size based on percentage of account balance

- Calculate lot size based on percentage of account equity

- Calculate lot size based on fixed dollar risk amount

- Automatic lot size calculation from stop loss distance

- Broker lot size limits compliance

Trade Execution:

- Buy and Sell buttons with calculated lot size

- Visual SL/TP lines on chart with drag functionality

- Automatic SL and TP placement

- Configurable magic number for trade identification

- Configurable slippage tolerance

Input Parameters

Panel Settings:

- Panel X position (default: 20)

- Panel Y position (default: 20)

Challenge Settings:

- Prop firm preset selection (FTMO, MFF, The5ers, FundedNext, Custom, None)

- Challenge phase (1 or 2)

- Challenge start date (0 = current time)

- Challenge days duration (0 = unlimited)

Trading Settings:

- Risk calculation mode: Percent or Fixed Money

- Risk base: Account Balance or Equity

- Risk value (default: 1.0)

- Default stop loss in pips (default: 100)

- Default take profit in pips (default: 200)

- Magic number (default: 123456)

- Maximum slippage in points (default: 30)

- Trade comment (default: PF)

Display Settings:

- Show SL/TP lines (default: true)

- Show progress bars (default: true)

- Show warning alerts (default: true)

- Customizable colors for lines and indicators

Prop Firm Presets

FTMO Preset:

Profit Target 10%, Max Daily Loss 5%, Max Drawdown 5%, Duration 30 days

MyForexFunds Preset:

Profit Target 8%, Max Daily Loss 5%, Max Drawdown 5%, No Weekend Holding, Duration 30 days

The5ers Preset:

Profit Target 6%, Max Daily Loss 5%, Max Drawdown 5%, No Time Limit

FundedNext Preset:

Profit Target 10%, Max Daily Loss 5%, Max Drawdown 5%, Duration 30 days

How to Use

1. Attach the utility to any chart in MetaTrader 5

2. Select the appropriate prop firm preset

3. Set challenge phase (1 or 2) and start date

4. Configure risk parameters

5. The utility will track all metrics automatically

6. Monitor progress indicators on the panel

7. Use the trading panel for order execution

Daily Workflow:

Check daily loss status before trading. Monitor drawdown level during trading session. Observe warning indicators for approaching limits. Review challenge progress metrics regularly.

Free Version Limitations

This free version includes:

- Challenge progress monitoring (display only)

- Prop firm presets for rule reference

- Basic violation detection (display only)

- Manual trade execution

Does NOT include (available in full version):

- Automatic trading pause on limit breach

- Automatic position close on violation

- Block new trades when limits approached

- Custom rule configuration

- News filter

- Consistency rule tracking

- Visual block display

Technical Information

Platform: MetaTrader 5. Account type: Any (Standard, ECN, etc.). Symbols: All symbols available in MetaTrader 5. Timeframes: All timeframes. No DLL required. No external dependencies.

Full Version Features (Available Separately)

- Automatic trading pause when limits approached

- Automatic position closure on rule violation

- Block new trade execution when paused

- Custom rule configuration for any prop firm

- Warning threshold configuration

- Consistency rule enforcement

- Weekend holding prevention with auto-close

- News filter option

- Visual profit/loss block display

Important Notes

This utility assists with challenge rule monitoring. Preset configurations are based on commonly known firm requirements. Verify actual firm rules as they may change or vary by account type. Free version provides monitoring only, not automatic protection. Test all settings on demo account before live trading. Trading involves risk of financial loss. Past challenge results do not indicate future outcomes.

Full documentation available on our MQL5 profile page.

Support

Support available through MQL5 Service Desk. For questions about product functionality, use the Comments section on this product page.

If you find this utility useful, please consider leaving an honest review.

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