Daily Trading Limiter

Daily Trading Limiter is an Expert Advisor (EA) for MetaTrader 5 that helps traders maintain discipline by enforcing daily trading limits. The EA prevents overtrading and excessive drawdown by automatically blocking new trades once preset limits are reached.

Main Features

Trading Limits
Set maximum number of trades allowed per day
Set maximum daily drawdown (percentage or fixed amount)
Automatic trade blocking when limits are reached
Daily reset at user-specified time

Integrated Trading Panel
Built-in Buy and Sell buttons
Adjustable lot size with increase/decrease controls
Real-time spread display
Trades are checked against limits BEFORE execution
Prevents spread loss from blocked trades

Visual Interface
Dark-themed control panel
Real-time display of current trade count versus maximum allowed, current drawdown amount and percentage, account balance and daily profit and loss, time until daily reset, and current trading status indicating whether it is safe to trade, approaching limits, or locked
Color-coded alerts with green indicating safe to trade, yellow indicating approaching limits, and red indicating trading locked

Protection Features
Pre-trade validation prevents orders when at limits
Warning popups when approaching limits
Final trade warnings
Drawdown proximity alerts at eighty percent of limit
Cannot be overridden when locked

How It Works
Set your daily trade limit such as five trades
Set your maximum drawdown for example two percent or one hundred dollars
Trade using the integrated Buy and Sell buttons
EA tracks all trades and calculates drawdown
When limits are reached trading is blocked
All limits reset at your specified time each day

Technical Details
Platform is MetaTrader 5
Update frequency is two hundred fifty milliseconds
Uses magic number to track its own trades
Compatible with all currency pairs and timeframes
Lightweight resource usage

Input Parameters
Maximum daily trades
Maximum daily drawdown in percentage or dollars
Reset hour and minute
Default lot size and limits
Slippage tolerance
Magic number
Warning popup preferences
User interface position and colors

Benefits
Enforces trading discipline automatically
Prevents emotional overtrading
Protects account from excessive losses
No spread loss on blocked trades because it checks before ordering
Useful for prop firm challenges with daily limits
Helps build consistent trading habits

Installation
Copy the mq5 file to your MetaTrader 5 Experts folder
Compile in MetaEditor
Attach to any chart
Configure your daily limits
Use the integrated trading buttons

Requirements
MetaTrader 5 platform
Windows PC or virtual private server
Active trading account either demo or live

Support
For questions or assistance contact via direct message

Price is thirty-three dollars