Prop Firm Handler

Prop Firm Handler

Prop-Firm Compliance Dashboard V3 (M3 Edition)

The Prop-Firm Compliance Dashboard V3 is a professional-grade MetaTrader 5 (MT5) utility engineered for traders navigating the rigorous environments of modern proprietary trading firms. Built on the Material 3 (M3) Design philosophy, this tool bridges the gap between complex risk management and a clean, intuitive user interface. It serves as a real-time "flight controller" for your trading, ensuring every execution adheres to the strict rules imposed by firms like FTMO, The 5ers, and MyForexFunds.

1. Architectural Philosophy: Material 3 for MT5

Unlike traditional MT5 experts that use dated, grey-scale interfaces, this tool introduces Luminance-Aware Adaptive Theming.

• Dynamic Theme Engine: Upon initialization, the EA scans your chart's background color. If you use a dark theme, it applies a high-contrast Material 3 Dark palette; if your chart is light, it instantly switches to a Material 3 Light palette.

• Draggable UX: The entire dashboard is a floating entity. By clicking and dragging the main background, you can reposition the tool anywhere on your screen without interfering with price action analysis.

• Minimized State: A one-click toggle allows you to collapse the entire 580-pixel panel into a discreet title bar, keeping your workspace clutter-free during periods of low volatility.

2. Core Compliance Engine

Prop firms are notorious for "soft breach" and "hard breach" rules. This tool automates the enforcement of these parameters:

A. 24-Hour Gross Profit Cap

Many firms or individual trading plans require a "stop-trading" limit once a certain profit is reached to prevent over-trading.

• Real-time Tracking: The tool scans your last 24 hours of history.

• Hard Lock: Once your daily profit cap is reached, the "Trade Allowed" status turns red, and the Buy/Sell buttons are disabled.

• Safety Net: If a trade is opened manually while the cap is reached, the handler can be configured to liquidate the position immediately to protect your funded status.

B. Mandatory SL/TP Enforcement

Forget to set a Stop Loss? In a prop firm, that is an instant fail.

• Auto-Attachment: The V3 engine monitors every deal. If a position is detected without an SL or TP, the EA instantly calculates the required levels based on your dashboard inputs and modifies the position in milliseconds.

• Visual Status: The Compliance Status card provides a clear OK or X for SL/TP at entry, giving you instant peace of mind.

C. Minimum Hold Timer

To prevent high-frequency or scalping violations (where firms require trades to be held for at least 60 seconds), the dashboard includes a live telemetry countdown.

• Closing Guard: If you attempt to close a trade via the dashboard before the minimum hold time has elapsed, the action is blocked, and an on-screen notification warns you of the violation.

3. Advanced Risk Management & Lot Calculation

Manual lot calculation is the leading cause of blown accounts. This tool handles the math for you:

• Bi-Directional Sync: Input a Risk percentage (e.g., 0.5%), and the tool calculates the exact Loss amount based on your current Equity. Alternatively, input a specific Loss amount, and the tool back-calculates the Risk percentage.

• Precise Volatility Sizing: By factoring in the current symbol’s Tick Value, Tick Size, and your requested Stop Loss points, the EA determines the exact lot size down to the volume step limit.

• Equity Awareness: The Equity display updates every second, ensuring your risk calculations are always based on the most recent account valuation, not just the static balance.

4. Active Trade Telemetry (The HUD)

When a trade is live, the Active Trade Telemetry card becomes your primary data source:

• Relative Performance: See your profit not just in dollars, but as a percentage of your equity.

• Hold Status: A dynamic label shows your hold status, letting you know when the compliance window has passed and it is safe to close.

• One-Click Liquidation: A massive CLOSE POSITION button allows for emergency exits, provided the compliance rules are met.

Technical Specifications

Summary for the MQL5 Market

The Prop-Firm Compliance Dashboard V3 is more than just a trading panel; it is a discipline-as-a-service utility. By automating the calculating of lots, checking hold times, and ensuring stops are placed, it allows the trader to focus entirely on price action and strategy execution. Whether you are aiming for a funded account or managing your own private capital, the V3 Dashboard ensures you trade like a professional, every single time.