Prop Draw Down Protector EA for MetaTrader 4 – Download Now
The Prop Draw Down Protector EA MT4 is a purpose-built Expert Advisor designed specifically for Prop Firm Traders using the MetaTrader 4 platform. Developed by Trading Finder, this powerful risk-management tool helps traders stay within strict trading limits—whether related to drawdown, profit, timing, or trading frequency.
By offering advanced settings across 7 functional tabs, the EA supports consistent execution, enhances trading psychology, and acts as a guardrail against emotional decisions and rule-breaking.
Key Features at a Glance:
- Custom risk & profit caps (daily/weekly limits)
- Volume & trade frequency controls
- Time-based trade restrictions
- Auto TP/SL enforcement
- News event filter
- Symbol whitelisting
- Real-time performance panel
Who Is It For?
- Prop Firm Traders who must follow strict trading parameters
- Discipline-focused traders looking to reduce emotional decision-making
- Scalpers, day traders, and swing traders using MT4
Compatible with Forex, stocks, indices, and crypto on any MT4 broker.
Download & License Info
- Platform: MetaTrader 4
- Skill Level: Intermediate
- Installation Help:
Functional Tabs Overview:
1. Volume Tab – Control Position Sizing & Trade Frequency
Manage your exposure with precision:
- Max Trade Size
- Max Daily/Weekly Volume
- Max # of Trades Per Day/Week
- Sequential Profit/Loss Limits
Prevent overtrading and keep emotions in check.
2. Time Tab – Restrict Trading Hours
Trade only during planned windows:
- Start/End Trading Times
- Per-Day Trading Schedules (MON–SUN)
Avoid high-volatility or off-plan hours.
3. P/L Tab – Set Daily & Weekly Profit/Loss Limits
Choose your metric:
- By %, pips, or $
- Define ceilings for Max Daily/Weekly Profit & Loss
Protect your account and prevent reckless decisions.
4. Symbol Tab – Limit Tradable Instruments
Stay focused:
- Choose from Current Chart, All Symbols, Market Watch, or Custom List
Avoid strategy drift by trading only your planned markets.
5. Trades Tab – Monitor Real-Time Account Stats
Know your standing at a glance:
- Daily & Weekly Balance
- Profit/Loss Sequence
- Drawdown Monitoring
- Live Info Panel
Make informed decisions without cluttering your main chart.
6. TP & SL Tab – Enforce Risk Parameters
Mandatory Take Profit / Stop Loss:
- Enable alerts if TP/SL is missing
- Limit changes to TP/SL mid-trade
- Control maximum allowed TP/SL movement
️ Eliminate risky trades with no defined exits.
7. News Tab – Avoid Volatility from Economic Releases
Filter trades around news:
- Customize news filter time window (before/after)
- Apply per-symbol filtering
- Enable/Disable all or most recent news alerts
Avoid being caught off-guard by high-impact events.
Designed for Precision, Built for Prop Trading
Whether you're following SMC, ICT, or your own trading system, the Prop Draw Down Protector EA helps you execute consistently, manage capital professionally, and stay aligned with your plan—especially under pressure.
✅ Summary – Why Use This EA?
- Build long-term discipline
- Reduce emotional trading
- Avoid rule violations in prop firm challenges
- Preserve capital during volatile sessions
- Structure trades to meet professional standards
