Prop Draw Down Protector Expert Advisor in and 50 similar items

The Prop Draw Down Protector Expert in MT5 is one of TradingFinder’s advanced tools, designed for prop traders and professional Forex traders on the MetaTrader 5 platform. This expert enables traders to define structured trading rules that help manage profits, losses, and overall risk. With 7 customizable tabs, it not only provides precise trade control but also enhances trading discipline and strengthens adherence to the trading plan. ? Specifications Indicator Categories: Money Management, Trading Assist, Risk Management, Expert Advisor (EA) Platform: MetaTrader 5 Trading Skills: Advanced Timeframe: Multi-Timeframe Trading Styles: Intraday, Scalping, Day Trading Markets: Forex, Stocks, Indices, Share Stocks ?? Overview The Prop Draw Down Protector Expert offers professional traders: Control over trade size and number of positions Custom entry and exit times Flexible Take Profit and Stop Loss settings (percentage, pips, or dollars) Symbol restrictions to maintain focus on selected markets Account information display panel Alerts for news events and strategy deviations These features ensure that trades are executed systematically, reduce emotional decision-making, and increase the likelihood of consistent profitability. ? Detailed Features Volume Tab Set maximum trade size, daily/weekly trade limits, and loss/winning streaks. Key Options: Max Trade Size, Max Daily/Weekly Volume Max Daily/Weekly Number of Trades Max Daily/Weekly Losing Winning Streaks This prevents overtrading and ensures disciplined capital management. Time Tab Schedule trades to occur only during predefined hours, avoiding high-risk periods. Options: Start/End Time per Day (MON–SUN) Restrict weekend or off-session trades This reinforces trading discipline and routine. Profit/Loss Tab (P/L) Set daily and weekly profit and loss limits in % / pips / dollars. Key Options: Max Day/Week Profit Max Day/Week Loss This feature protects against impulsive trades and preserves capital. Symbol Tab Limit trading to approved symbols only, keeping focus on your strategy and target markets. Options: Current Chart, All Charts, Market Watch, or Selected Symbols Trades Tab View real-time account metrics, including: Starting Day/Week Balance Daily/Weekly Profit Winning Losing Streaks Daily Weekly Drawdown The Data Tab displays all this information without cluttering the chart. TP SL Tab Enforce mandatory Take Profit and Stop Loss levels. Features: Alerts if TP/SL are missing Limits on TP/SL adjustments to prevent emotional interference News Tab Filter trading around high-impact news events for up to 8 symbols. Options: Display before/after news Set display time and symbol preferences Enable/Disable all or latest news This feature protects accounts from sudden volatility. ? Why It Matters The Prop Draw Down Protector Expert is more than a standard EA — it is a discipline enforcer. By combining: Structured rules Psychology-based safeguards Customizable risk settings It helps traders stay disciplined, protect capital, and stick to their trading plan, even under market stress. ? Conclusion The Prop Draw Down Protector Expert (MT5) is a professional-grade tool for prop traders and serious retail traders. By leveraging its 7-tab system, traders can enforce strategy adherence, manage risk systematically, and maintain focus on consistent profitability. With this expert, achieving long-term trading discipline, minimizing losses, and avoiding margin calls becomes practical and achievable.