Forex Trade Management Expert for MT4
Free Download | Designed for Prop Firm & Retail Traders
Elevate your trading discipline and risk control with the Forex Trade Management Expert Advisor (EA) for MetaTrader 4—developed by TradingFinder. Whether you're navigating prop firm evaluations or trading your own capital, this advanced EA is your all-in-one tool for smarter execution, capital protection, and structured trading. Available now as a free download for a limited time.
Core Features at a Glance
Prop Firm Compliance
Stay within your firm’s rules by automatically blocking trades that could trigger daily or weekly drawdowns. Maintain full control over risk and trade limits.
⚖️ Dynamic Risk Management
Set position sizes using your preferred model: fixed dollar amount, % equity, or SL in pips. Limit trade volume, frequency, and sequential losses to preserve capital.
Visual One-Click Trade Execution
Enter and manage trades directly from your chart. Set TP/SL, apply break-even and partial closes, and execute trades with just one click from a clean, intuitive panel.
Time-Based Trading Controls
Avoid risky hours and low-liquidity periods by restricting trading to specific weekdays and times—aligned with your trading plan.
Built-in News Filter
Automatically block new trade entries during high-impact economic events with configurable time buffers before and after news releases.
Symbol Filtering
Ensure trades are only executed on approved instruments—preventing errors from trading unintended assets.
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Learn more about how the EA meets FTMO rules in our detailed guide:
Passing the FTMO Challenge with DrawDown Limiter – 300-Word Summary
If you're aiming to pass the FTMO challenge, the DrawDown Limiter EA is your essential tool for protecting your account and respecting FTMO's strict rules on maximum loss and daily drawdown. Many traders fail due to sudden market spikes, economic news, or holding large floating losses overnight—DrawDown Limiter helps prevent this.
FTMO imposes two major rules:
Maximum Loss: Your account equity must not fall below 90% of the starting balance at any point. For example, on a $100,000 account, equity must stay above $90,000.
Maximum Daily Loss: At any moment of the day, the sum of closed trades and current floating losses must not exceed 5% (e.g., $5,000 on a $100,000 account). This resets daily at midnight CE(S)T.
DrawDown Limiter continuously monitors both metrics. It tracks equity vs. balance, includes commissions/swaps, and automatically closes trades if your limits are about to be breached. You’ll receive visual alerts via its traffic light system (GDD% and DDD%) and push notifications.
To tackle the most common FTMO failure—overnight floating loss breaches—the EA introduces the “End of Range Security Zone.” This final-minute check ensures that if your floating losses exceed the limit at the daily reset, trades are closed just before midnight to protect the account.
You can configure the EA for different FTMO challenge types, equity bases, or custom reset times. It even supports NFA/FIFO rules and is ideal for EA and copy-trading setups.
In short, DrawDown Limiter acts as your account’s safeguard, helping you trade smarter, respect FTMO's rules, and increase your chances of passing the challenge and becoming a long-term funded trader.
If you're trading from the United States and need to follow FSA regulations, rest assured—DrawDown Limiter is also compatible with the NFA FIFO rule (NFA Rule 2-43b).
Full compliance details are available in this post: DrawDown Limiter & NFA FIFO Rule Compliance
DrawDown Limiter is a powerful MetaTrader 4 & 5 utility designed to protect trading accounts from excessive drawdowns, ensuring compliance with prop firm rules like FTMO, My Forex Funds, and NFA FIFO. Developed by Lio, a professional EA trader, this tool helps both novice and experienced traders stay within daily and overall drawdown limits.
Whether you're trading manually, with expert advisors, or copy trading, DrawDown Limiter monitors account equity, balance, and trade behavior in real-time. It calculates Global Drawdown (GDD) and Daily Drawdown (DDD), limits the number of open/total trades, and alerts users when risks exceed defined thresholds—like opening trades without stop-loss or exceeding risk per position.
A signature feature is the Traffic Light System, which gives a visual representation of risk levels. Once limits are hit, the EA can automatically close trades, delete pending orders, shut down other charts, or even close the MetaTrader terminal—based on your settings.
Traders can configure the EA to calculate drawdown from various bases (initial deposit, balance, equity, or fixed money), include swap/commissions, or operate across a portfolio of EAs using global variables.
It is ideal for FTMO-style resets (e.g., 5PM EST) and includes advanced compatibility with the Algo Trading Disabler EA to toggle auto-trading off automatically.
MT4 users should note limitations in backtesting and order history detection. MT5 offers more precision but still has deal-type nuances affecting commission display.
Whether you manage a funded account or want tighter personal trading discipline, DrawDown Limiter empowers you to trade safely, meet funding requirements, and avoid costly mistakes during high volatility or EA errors.
Who Is It For?
How to Download & Install
Advanced Trading Control Panels
This EA comes with 7 modular panels for full customization:
1. Volume
Example Scenarios
✅ NDQ100 (M30):
Executed Buy using the EA panel, applied break-even and partial close for structured exit strategy.
✅ GBP/USD (H4):
Triggered multi-tier Take Profit on Sell trade with smart SL, utilizing sequential loss controls to protect equity.
Why Traders Love This EA
The Forex Trade Management Expert is not just another trade assistant. It’s a complete risk control suite built for traders who take capital preservation seriously. Whether you’re scalping with Smart Money Concepts, using ICT setups, or managing funded prop firm accounts, this EA helps you:
❓ Frequently Asked Questions
1. Can I customize it to fit my strategy?
Yes—each of the 7 panels is fully configurable to match your trading style and risk preferences.
2. Is it available for demo accounts?
Absolutely. You can test the EA on both demo and live accounts with full functionality.
3. Will it stop trading after reaching daily limits?
Yes. The EA will automatically disable entries once profit/loss or trade count thresholds are hit.
4. Can I monitor my daily and weekly trading metrics?
Yes. The “Trades” tab shows all key stats like drawdown, win/loss streaks, and PnL.
5. Is this EA suitable for prop firm challenges?
Definitely. It was built with prop firm rules in mind, helping you pass and maintain funded accounts.
Free Download | Designed for Prop Firm & Retail Traders
Elevate your trading discipline and risk control with the Forex Trade Management Expert Advisor (EA) for MetaTrader 4—developed by TradingFinder. Whether you're navigating prop firm evaluations or trading your own capital, this advanced EA is your all-in-one tool for smarter execution, capital protection, and structured trading. Available now as a free download for a limited time.
Prop Firm Compliance
Stay within your firm’s rules by automatically blocking trades that could trigger daily or weekly drawdowns. Maintain full control over risk and trade limits.
⚖️ Dynamic Risk Management
Set position sizes using your preferred model: fixed dollar amount, % equity, or SL in pips. Limit trade volume, frequency, and sequential losses to preserve capital.
Visual One-Click Trade Execution
Enter and manage trades directly from your chart. Set TP/SL, apply break-even and partial closes, and execute trades with just one click from a clean, intuitive panel.
Time-Based Trading Controls
Avoid risky hours and low-liquidity periods by restricting trading to specific weekdays and times—aligned with your trading plan.
Built-in News Filter
Automatically block new trade entries during high-impact economic events with configurable time buffers before and after news releases.
Symbol Filtering
Ensure trades are only executed on approved instruments—preventing errors from trading unintended assets.
Sure! Here's a professionally rewritten version of your text with a clear and SEO-friendly <h1> heading:
✅ DrawDown Limiter EA – Fully Compliant with Prop Firm Rules
The DrawDown Limiter Expert Advisor is specifically built to comply with the strict risk management rules set by major proprietary trading firms. This EA is fully compatible with FTMO, My Forex Funds (MFF), and other leading prop firms.Learn more about how the EA meets FTMO rules in our detailed guide:
Passing the FTMO Challenge with DrawDown Limiter – 300-Word Summary
If you're aiming to pass the FTMO challenge, the DrawDown Limiter EA is your essential tool for protecting your account and respecting FTMO's strict rules on maximum loss and daily drawdown. Many traders fail due to sudden market spikes, economic news, or holding large floating losses overnight—DrawDown Limiter helps prevent this.
FTMO imposes two major rules:
Maximum Loss: Your account equity must not fall below 90% of the starting balance at any point. For example, on a $100,000 account, equity must stay above $90,000.
Maximum Daily Loss: At any moment of the day, the sum of closed trades and current floating losses must not exceed 5% (e.g., $5,000 on a $100,000 account). This resets daily at midnight CE(S)T.
DrawDown Limiter continuously monitors both metrics. It tracks equity vs. balance, includes commissions/swaps, and automatically closes trades if your limits are about to be breached. You’ll receive visual alerts via its traffic light system (GDD% and DDD%) and push notifications.
To tackle the most common FTMO failure—overnight floating loss breaches—the EA introduces the “End of Range Security Zone.” This final-minute check ensures that if your floating losses exceed the limit at the daily reset, trades are closed just before midnight to protect the account.
You can configure the EA for different FTMO challenge types, equity bases, or custom reset times. It even supports NFA/FIFO rules and is ideal for EA and copy-trading setups.
In short, DrawDown Limiter acts as your account’s safeguard, helping you trade smarter, respect FTMO's rules, and increase your chances of passing the challenge and becoming a long-term funded trader.
If you're trading from the United States and need to follow FSA regulations, rest assured—DrawDown Limiter is also compatible with the NFA FIFO rule (NFA Rule 2-43b).
Full compliance details are available in this post: DrawDown Limiter & NFA FIFO Rule Compliance
DrawDown Limiter is a powerful MetaTrader 4 & 5 utility designed to protect trading accounts from excessive drawdowns, ensuring compliance with prop firm rules like FTMO, My Forex Funds, and NFA FIFO. Developed by Lio, a professional EA trader, this tool helps both novice and experienced traders stay within daily and overall drawdown limits.
Whether you're trading manually, with expert advisors, or copy trading, DrawDown Limiter monitors account equity, balance, and trade behavior in real-time. It calculates Global Drawdown (GDD) and Daily Drawdown (DDD), limits the number of open/total trades, and alerts users when risks exceed defined thresholds—like opening trades without stop-loss or exceeding risk per position.
A signature feature is the Traffic Light System, which gives a visual representation of risk levels. Once limits are hit, the EA can automatically close trades, delete pending orders, shut down other charts, or even close the MetaTrader terminal—based on your settings.
Traders can configure the EA to calculate drawdown from various bases (initial deposit, balance, equity, or fixed money), include swap/commissions, or operate across a portfolio of EAs using global variables.
It is ideal for FTMO-style resets (e.g., 5PM EST) and includes advanced compatibility with the Algo Trading Disabler EA to toggle auto-trading off automatically.
MT4 users should note limitations in backtesting and order history detection. MT5 offers more precision but still has deal-type nuances affecting commission display.
Whether you manage a funded account or want tighter personal trading discipline, DrawDown Limiter empowers you to trade safely, meet funding requirements, and avoid costly mistakes during high volatility or EA errors.
- Prop Firm Traders
Stay within strict drawdown and trade frequency limits. Perfect for evaluation and funded accounts. - Disciplined Retail Traders
Take your trading to the next level by removing emotion, improving execution, and protecting profits. - Strategy-Based Traders (ICT, SMC, Price Action, etc.)
Pair this EA with structured systems for reliable, repeatable trade setups.
- Download the EA (ZIP format)
- Install
- Place the .ex4 file in your MetaTrader 4 → Experts folder.
- Restart MT4 and add the EA to your desired chart.
- Enable Settings
- Go to: Tools > Options > Expert Advisors
- Check:
✅ “Allow DLL imports”
✅ “Allow automated trading”
- Activate Your Free License
This EA comes with 7 modular panels for full customization:
1. Volume
- Max lot size
- Max trades per day
- Limit sequential losses
- Define trading hours per weekday
- Block trades outside allowed windows
- Auto-disable trading when daily/weekly P/L thresholds are hit
- Prevent overtrading or revenge trading
- Restrict trading to pre-approved instruments
- Live monitoring of account stats:
- Start-of-day/week balance
- PnL tracking
- Drawdown
- Win/loss streaks
- Enforce mandatory SL/TP
- Enable break-even and partial close
- View R:R mapping visually
- Automatically pause entries around high-impact news releases
- Integrated with real-time economic calendar
✅ NDQ100 (M30):
Executed Buy using the EA panel, applied break-even and partial close for structured exit strategy.
✅ GBP/USD (H4):
Triggered multi-tier Take Profit on Sell trade with smart SL, utilizing sequential loss controls to protect equity.
The Forex Trade Management Expert is not just another trade assistant. It’s a complete risk control suite built for traders who take capital preservation seriously. Whether you’re scalping with Smart Money Concepts, using ICT setups, or managing funded prop firm accounts, this EA helps you:
- Maintain professional trade discipline
- Follow your trading plan with precision
- Avoid costly drawdown violations
- Execute trades with confidence and speed
1. Can I customize it to fit my strategy?
Yes—each of the 7 panels is fully configurable to match your trading style and risk preferences.
2. Is it available for demo accounts?
Absolutely. You can test the EA on both demo and live accounts with full functionality.
3. Will it stop trading after reaching daily limits?
Yes. The EA will automatically disable entries once profit/loss or trade count thresholds are hit.
4. Can I monitor my daily and weekly trading metrics?
Yes. The “Trades” tab shows all key stats like drawdown, win/loss streaks, and PnL.
5. Is this EA suitable for prop firm challenges?
Definitely. It was built with prop firm rules in mind, helping you pass and maintain funded accounts.
