EquityGuard AI is knowledgeable account safety Skilled Advisor for MetaTrader 5 that screens your buying and selling account in real-time and triggers an automated emergency shutdown the second a drawdown threshold is breached. It’s designed for:
• FTMO & prop agency merchants who should keep inside strict day by day drawdown limits
• Reside account merchants who desire a onerous security web in opposition to catastrophic losses
• All account sizes — cent accounts, normal accounts, funded accounts
When safety triggers, EquityGuard AI executes three steps in sequence: Shut All Trades → Cancel All Pending Orders → Shut All Charts & Take away All EAs. Your account is locked down earlier than the following tick may cause additional harm.
Free Demo Model
Take a look at EquityGuard AI utterly free earlier than buying. The demo model is absolutely practical with no restrictions, on demo accounts solely.
Paste the downloaded EquityGuard_AI_MT5_1.10_Demo.ex5 file into: MT5 >> File >> Open Information Folder >> MQL5 >> Consultants — then restart your terminal.
Demo session restrict: Totally practical for 3 hours per session, on demo accounts solely. To reset the timer, go to: MT5 >> Instruments >> International Variables >> Ctrl+A >> Delete then restart the EA.
⚠️ Notice: Solely carry out the International Variables reset on a non-critical demo account. By no means do that on a dwell or prop agency problem account.
Set up Information
To buy and set up EquityGuard AI from the MQL5 Market, you’ll need an MQL5 group account. For those who should not have one, register at: https://www.mql5.com/en/auth_register
Step-by-Step Set up
1. Fund your MQL5 account. It’s simpler to pay with an current MQL5 stability. Prime up your account at mql5.com earlier than starting the acquisition.
2. Open the product web page and click on the Purchase or Lease button.
3. Select your fee methodology and click on the inexperienced Subsequent button to finish your buy.
4. Open MetaTrader 5. After fee, open your MT5 terminal.
5. Log into your MQL5 account within the terminal. Go to MT5 >> Instruments >> Choices >> Neighborhood tab and log in utilizing your MQL5 username (not your e-mail). Your username is the final a part of your profile URL — for instance, in case your profile is https://www.mql5.com/en/customers/YourName then your login is YourName.
6. Set up from Purchases. In MT5, go to the Navigator window, open the Market folder, then click on Purchases. Discover EquityGuard AI within the checklist and click on the Set up button.
⚠️ Notice: For those who can’t see your buy within the terminal: (1) Ensure you are utilizing the most recent MT5 construct. (2) Verify you might be logged in together with your username, not your e-mail. (3) Confirm your MQL5 account password is lower than 10 characters. (4) Shut all MetaTrader terminals, delete recordsdata beginning with mql5.market.* from C:Customers{username}AppDataRoamingMetaQuotesTerminalCommunity, then reopen MT5.
Attaching EquityGuard AI to a Chart
7. Open any chart of any image at any timeframe.
8. Within the Navigator window, discover EquityGuard AI underneath Market >> Purchases (or Consultants if put in manually) and drag it onto the chart, or double-click it.
9. Within the settings window (Frequent tab), tick Enable Algo Buying and selling and Enable modification of Indicators settings, then click on OK.
10. Go to the Inputs tab and configure your safety thresholds (see the Settings Information beneath). Click on OK when accomplished.
11. Allow Algo Buying and selling. After closing the settings window, you will notice a purple indicator on the top-right of the chart. Click on the Algo Buying and selling button within the MT5 toolbar to show it inexperienced. EquityGuard AI is now energetic.
💡 Tip: If chart candles seem on prime of the EquityGuard AI panel, right-click the chart >> Properties >> Frequent tab >> Chart on foreground >> untick.
Panel Consumer Information
The EquityGuard AI dashboard seems within the top-left nook of your chart and updates in real-time on each tick.
Panel Sections
Header Bar
Shows the product identify and subtitle. The header bar modifications coloration to mirror the present safety standing:
• Blue — Regular. Safety is armed and all thresholds are protected.
• Orange — Warning. Drawdown is approaching your configured warning stage.
• Pink — Triggered. A threshold has been breached and the emergency shutdown has executed.
Account Part
• Stability: Your present account stability.
• Fairness: Your present account fairness together with floating P&L. Displayed inexperienced when fairness is above stability, purple when beneath.
Threat Monitor Part
• Drawdown %: Present drawdown as a proportion of your peak fairness because the EA was connected. Colour modifications from blue to orange on the warning stage, and to purple on the set off stage.
• Drawdown $: The identical drawdown expressed in greenback/account foreign money quantity.
Demo Timer Row (Demo Model Solely)
Reveals the remaining demo session time in HH:MM:SS format. Turns orange when underneath half-hour, purple when underneath 5 minutes.
Standing Bar
• ● ACTIVE — Safety is operating usually.
• ● WARNING — Drawdown has crossed the warning threshold. No motion taken but.
• ● TRIGGERED — Safety has fired. Trades closed, charts closed, EAs eliminated.
Inputs / Settings Information
=== Safety Thresholds ===
Most Drawdown % (default: 4.5)
The utmost allowed drawdown as a proportion of your peak fairness. When your fairness drops by this proportion from its highest level because the EA was loaded, safety triggers instantly. Set to 0 to disable this threshold.
Instance: In case your peak fairness is $10,000 and also you set Most Drawdown % to 4.5, safety will set off the second your fairness drops to $9,550.
Minimal Fairness Quantity (default: 0)
A set minimal fairness flooring in your account foreign money. In case your fairness drops to or beneath this worth, safety triggers. Set to 0 to disable this threshold.
Instance: In case your account stability is $10,000 and also you set Minimal Fairness Quantity to 9,200, safety triggers if fairness falls to $9,200 or decrease — no matter what proportion that represents.
Most Drawdown $ (default: 0)
A set greenback quantity drawdown restrict. If the drawdown from peak fairness reaches or exceeds this quantity, safety triggers. Set to 0 to disable this threshold.
Instance: Setting Most Drawdown $ to 500 means safety fires for those who lose $500 out of your highest fairness level, no matter account dimension.
⚠️ Notice: You possibly can allow a number of thresholds concurrently. Safety triggers as quickly as any single threshold is breached.
=== Alert Settings ===
Allow Alerts (default: true)
Reveals a pop-up alert dialog in MT5 when the warning threshold is crossed and once more when safety triggers.
Allow Push Notifications (default: true)
Sends a push notification to your MetaTrader cellular app when warnings or safety occasions happen. Requires you to have paired your telephone in MT5 >> Instruments >> Choices >> Notifications.
Allow Electronic mail Alerts (default: false)
Sends an e-mail notification on safety occasions. Requires your e-mail SMTP settings to be configured in MT5 >> Instruments >> Choices >> Electronic mail.
Warning at % of Threshold (default: 80)
Sends an early warning alert when your drawdown reaches this proportion of your most threshold. For instance, with Most Drawdown % set to 4.5% and Warning at % of Threshold set to 80, you’ll obtain a warning when drawdown reaches 3.6% — providing you with time to manually intervene earlier than the automated shutdown. Set to 0 to disable warnings.
=== Show Settings ===
Present Information Panel (default: true)
Toggles the on-chart dashboard panel. Set to false for those who want a clear chart with out the panel overlay.
Apply White Theme (default: true)
Applies knowledgeable white background with darkish gray candles to the chart for a clear, fashionable look that enhances the panel design. You possibly can disable this for those who want your individual chart theme.
Panel Background Colour (default: Mild Silver)
The background fill coloration of the dashboard panel.
Accent Colour (default: Blue)
Used for normal-state highlights, the header bar coloration, and the demo timer. Default is knowledgeable blue.
Textual content Colour (default: Darkish Slate)
The primary textual content coloration for labels and values contained in the panel.
Warning Colour (default: Orange)
The colour used for warning-state indicators when drawdown is approaching the restrict.
Hazard Colour (default: Pink)
The colour used when a threshold is breached or safety has been triggered.
How Safety Works
When any configured threshold is breached, EquityGuard AI executes the next sequence robotically:
1. Shut All Open Positions. Each open commerce on the account is closed at market value, with as much as 3 retry makes an attempt per place to deal with dealer requotes or server delays.
2. Cancel All Pending Orders. Each pending order (purchase restrict, promote restrict, purchase cease, promote cease) is deleted from the account.
3. Shut All Charts. All open MT5 charts are closed. Closing charts robotically removes all Skilled Advisors and indicators operating on these charts — stopping some other EA from reopening trades after the shutdown.
A safety occasion is logged within the MT5 Consultants journal with full particulars together with the time, set off motive, account stability, and fairness in the intervening time of the breach. International variables EQUITY_GUARD_PROTECTION_ACTIVE and EQUITY_GUARD_SHUTDOWN_TIME are set so you possibly can verify the occasion occurred and evaluation logs afterward.
⚠️ Notice: As soon as safety triggers, EquityGuard AI removes itself together with all different charts and EAs. It’s essential to re-attach it manually to re-activate safety on your subsequent session.
Really useful Settings for FTMO & Prop Agency Accounts
EquityGuard AI is purpose-built for prop agency challenges. Most FTMO-style companies use a 5% day by day drawdown and 10% most drawdown rule. Listed below are the really helpful settings:
FTMO / Prop Agency Problem (Conservative) — Really useful:
• Most Drawdown %: 4.5 (depart a 0.5% security buffer beneath the 5% day by day restrict)
• Minimal Fairness Quantity: 0 (disabled)
• Most Drawdown $: 0 (disabled)
• Warning at % of Threshold: 80 (you’ll obtain a warning at 3.6% drawdown)
• Allow Alerts: true
• Allow Push Notifications: true
FTMO / Prop Agency Problem (Greenback-Primarily based Rule — e.g., $10,000 account with $500 day by day loss restrict):
• Most Drawdown %: 0 (disabled)
• Most Drawdown $: 450 (depart a $50 buffer beneath the $500 restrict)
• Minimal Fairness Quantity: 0 (disabled)
• Warning at % of Threshold: 80 (warning fires at $360 drawdown)
💡 Tip: For max safety on a prop agency problem, you possibly can allow each Most Drawdown % and Most Drawdown $ collectively. Safety will set off at whichever threshold is hit first.
Regularly Requested Questions
Does EquityGuard AI place or handle trades?
No. EquityGuard AI is a pure safety device. It by no means opens, modifies, or scales trades by itself. It solely screens your account and triggers the emergency shutdown if a threshold is breached. It’s suitable with some other EA, handbook buying and selling, or alerts service.
Can I run EquityGuard AI alongside different Skilled Advisors?
Sure. Connect EquityGuard AI to any chart at any timeframe — it doesn’t must be on the identical chart as your buying and selling EA. It screens the complete account, not simply the present chart’s trades.
Does drawdown reset every day?
The drawdown is calculated from the height fairness recorded because the EA was final connected to the chart. For those who take away and re-attach the EA, the baseline resets. For day by day drawdown safety on prop companies, re-attach the EA initially of every buying and selling day to reset the height fairness reference.
What occurs if the EA is faraway from the chart with out triggering?
The safety merely stops monitoring. Your trades stay open. No emergency shutdown happens. EquityGuard AI solely triggers on threshold breaches, not on handbook removing.
Does it work on VPS?
Sure. EquityGuard AI is absolutely suitable with MQL5 VPS and any Home windows VPS operating MetaTrader 5. For VPS use, allow Push Notifications so that you obtain cellular alerts even when your laptop is offline.
Which account varieties are supported?
EquityGuard AI works on all account varieties — normal, cent, ECN, hedge, and netting accounts — throughout all brokers that help MetaTrader 5.