Utility
DrawDown Limiter
Protect your account: daily drawdown control for prop firms and personal accounts
The ultimate account protection utility for MT4 and MT5. DrawDown Limiter monitors all trading activity, whether manual or automated, and instantly closes positions and orders when your daily or global drawdown threshold is reached. Purpose-built for prop firm challenges (FTMO, MFF, and others) and personal account risk management. Compatible with any other EA on the same account.
Features
- ✓Daily drawdown limit with configurable reset: daily bar or custom range
- ✓Global account drawdown tracking from initial deposit
- ✓Multiple drawdown reference options: initial deposit, balance, equity, or fixed money value
- ✓End-of-range security zone: protects against overnight floating loss edge cases
- ✓Trade count limits: cap open positions and total range trades
- ✓Risk alert: notifies when trades are opened without SL or above your risk threshold
- ✓Push notifications, terminal close, and chart close actions on trigger
- ✓Portfolio drawdown mode: run multiple instances for per-EA risk budgets
- ✓Compatible with MT4 and MT5, NFA/FIFO compliant mode available
- ✓Advanced Global Variable integration for EA developers
User Guide Available
Detailed setup instructions, parameter descriptions, and best practices for getting the most from DrawDown Limiter.
Read the guide →Secure Purchase via MQL5Buyer protection, automatic updates, and verified reviews — all handled by the MQL5 Marketplace.
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