Bneu Prop Firm Challenge Manager Pro

Bneu Prop Firm Challenge Manager Pro

A trading utility for MetaTrader 5 designed to assist traders participating in proprietary trading firm evaluation challenges. The utility monitors account metrics, tracks challenge progress, and provides protection features to help maintain compliance with challenge rules.

MAIN FEATURES

Prop Firm Presets:

- Pre-configured rule sets for common proprietary trading firms

- FTMO, MyForexFunds, The5ers, FundedNext presets included

- Custom preset for manual rule configuration

- Automatic rule application based on selected preset

Challenge Rule Monitoring:

- Profit target percentage tracking with progress display

- Maximum daily loss percentage monitoring

- Maximum drawdown percentage monitoring

- Consistency rule percentage tracking

- Minimum trading days counter

- Weekend holding detection

- Days remaining calculation for time-limited challenges

- Phase 1 and Phase 2 progress tracking

Automatic Protection Features:

- Auto-pause trading when limits approached

- Automatic position closure on rule violation detection

- Block new trade execution when paused

- Warning threshold configuration for early alerts

- Daily loss limit enforcement

- Drawdown limit enforcement

- Weekend holding prevention with auto-close option

Visual Dashboard:

- Challenge progress display with current metrics

- Profit achieved percentage indicator

- Daily loss percentage indicator

- Maximum drawdown percentage indicator

- Trading days counter

- Days remaining counter

- Violation status indicator

- Phase completion status display

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

Visual Trade Setup:

- Drag-and-drop SL/TP lines on chart

- Visual profit/loss zones display before trade entry

- Automatic setup direction detection based on line position

- Real-time pip and dollar value display

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)

Challenge Rules:

- Profit target percentage (default: 10.0%)

- Maximum daily loss percentage (default: 5.0%)

- Maximum drawdown percentage (default: 5.0%)

- Consistency rule percentage (default: 30.0%)

- Minimum trading days (default: 5)

- No weekend holding option (default: true)

- News filter option (default: false)

Auto Protection Settings:

- Enable auto-pause on limit (default: true)

- Auto-close on violation (default: true)

- Block new trades when paused (default: true)

- Warning threshold percentage (default: 80.0%)

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 SL line, TP line, progress bar, warning, and danger indicators

Visual Block Settings:

- Show visual block (default: true)

- Buy block color

- Sell block color

PROP FIRM PRESETS

FTMO Preset:

- Profit Target: 10%

- Max Daily Loss: 5%

- Max Drawdown: 5%

- Consistency Rule: 30%

- Min Trading Days: 5

- Challenge Duration: 30 days

MyForexFunds Preset:

- Profit Target: 8%

- Max Daily Loss: 5%

- Max Drawdown: 5%

- Consistency Rule: 25%

- Min Trading Days: 5

- No Weekend Holding: Enabled

- Challenge Duration: 30 days

The5ers Preset:

- Profit Target: 6%

- Max Daily Loss: 5%

- Max Drawdown: 5%

- Min Trading Days: 5

- No Time Limit

FundedNext Preset:

- Profit Target: 10%

- Max Daily Loss: 5%

- Max Drawdown: 5%

- Min Trading Days: 5

- Challenge Duration: 30 days

HOW TO USE

1. Attach the utility to any chart in MetaTrader 5

2. Select the appropriate prop firm preset or configure custom rules

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

4. Configure risk parameters and protection settings

5. The utility will track all metrics automatically

6. Monitor progress indicators on the panel

7. Receive warnings when approaching limits

8. Auto-protection will pause trading or close positions when configured

Daily Workflow:

- Check daily loss status before trading

- Monitor drawdown level during trading session

- Observe warning indicators for early alerts

- Review challenge progress metrics regularly

- Check days remaining for time-limited challenges

VIOLATION DETECTION

The utility monitors for the following conditions:

- Daily loss exceeding configured limit

- Maximum drawdown exceeding configured limit

- Weekend position holding when restricted

- Phase completion criteria

When a violation is detected:

- Status indicator changes to warning/danger state

- Alert notification displayed

- Trading automatically paused (if enabled)

- Positions automatically closed (if configured)

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

DISCLAIMER

This utility assists with challenge rule monitoring and compliance. Preset configurations are based on commonly known firm requirements. Verify actual firm rules as they may change or vary. Protection features help manage exposure but require proper configuration. Test all settings on demo account before live trading. Trading involves risk of financial loss. Past challenge results do not indicate future outcomes.

SUPPORT

Questions or issues? Use the Comments section on this product page.