Risk Guardian EA MT5

Do you often feel troubled by overtrading, emotional orders, or excessive account drawdowns?
Risk Guardian EA MT5 is your exclusive risk management assistant — it will not open trades automatically, but focuses on helping you:

✅ Strictly control daily risk
✅ Avoid revenge trading after consecutive losses
✅ Strengthen trading discipline
✅ Maintain a long-term stable equity curve

This EA is not a trading strategy, but provides comprehensive capital risk control protection for your manual trading.

✨ Main Features
? Daily Profit and Loss Protection

• Real-time calculation of the total daily closed order P/L

• When the daily loss limit is reached, trading is prohibited

• Any new positions opened during restriction will be forcibly closed

? Consecutive Loss Control

• Automatically detects consecutive losses

• After reaching the limit, enters a cooling-off period (e.g. 2 hours)

• Any new positions opened during the cooling-off period will be immediately closed

⏱ Holding Time Limit

• Automatically closes a position when it exceeds the maximum holding time

? Multi-timeframe EMA Trend Filter

• At entry, both M5 and M15 EMA trends must align

• If the price is above both M5 and M15 → only long trades are allowed

• If the price is below both M5 and M15 → only short trades are allowed

• Applies only at entry; does not force close during holding

? Daily Statistics and Auto Reset

• Tracks daily P/L, closed orders, and consecutive losses

• Automatically resets at the start of a new trading day

? Customizable Chart Information Panel

Displays in real-time:

• Daily P/L

• Number of closed trades

• Remaining cooling-off period

• Remaining holding time

⚙️ Flexible Parameter Control

• Any parameter set to 0 = function disabled

• Fully customizable to your needs

? Use Cases

• Prevent revenge trading after consecutive losses

• Stop trading once daily loss limit is reached

• Limit overtrading (daily trade limit)

• Ensure trades align with trend direction, improve stability

• Serve as a "capital guardian" to protect your system

⚙️ Parameter Settings (current parameter names are in Chinese and can be used directly)

• Daily maximum loss - 每日最大亏损额度 (e.g. 20 USD)

• Maximum consecutive losses - 连续亏损次数上限 (e.g. 3 trades)

• Cooling-off period in minutes - 冷静期分钟数 (e.g. 120 minutes)

• Maximum holding time per order - 单笔持仓最长时间 (e.g. 120 minutes)

• Maximum simultaneous positions - 同时最大持仓数量 (e.g. 3 trades)

• Maximum daily trades - 每日最大开仓次数 (e.g. 4 trades)

• Top label text - 顶部提示文本 (default: "耐心持有才能赚钱 - Patience brings profit")

• Floating PL Drawdown % - 浮盈回撤百分比 (Default: 20%)

• Floating PL Activation Threshold ($) - 激活浮盈回撤阈值 (e.g. 10)  

• Font size - 字体大小 (e.g. 16)

• Font color - 字体颜色 (e.g. White)

• Background color - 背景颜色 (e.g. DarkGray, red when conditions not met, green when met)

• Initial X position - 初始X位置 (e.g. 0)

• Initial Y position - 初始Y位置 (e.g. 80)

• Line height - 每行文字高度 (e.g. 20)

• EMA parameter for M5 - 5分钟周期 EMA 参数 (e.g. 20)

• EMA parameter for M15 - 15分钟周期 EMA 参数 (e.g. 20)

? Usage Recommendations

• Use in combination with manual trading

• Adjust parameters based on personal risk tolerance

• Recommended defaults:

• Max Daily Loss: $20
• Max Consecutive Losses: 3
• Cooldown: 120 min
• Floating PL Drawdown %: 20%
• Floating PL Activation: $10
• EMA Periods: M5=20, M15=20

✅ Effectively prevents overtrading and emotional trading
✅ Enforces strict risk management discipline
✅ Compatible with any trading system
✅ Flexible parameters, intuitive interface, easy to use

With Risk Guardian EA, you gain a professional “risk management guardian.”
It will silently protect your account in the background,
allowing you to focus on finding opportunities instead of fighting emotions.