Prop Equity Guard watches one simple thing: how much account equity has moved since the current MCS cycle started.
Think of it like two lines.
GuardONProtection is enabled by default.
Profit line+100Default positive threshold.
Loss line−500Default negative threshold.
After a hitCONTINUEDefault: reset and start a new cycle.
Simple ideaIf the equity move reaches one of the lines, MCS closes the filtered MCS basket. Then it either starts a new cycle or stops new entries until the next broker day.
What happens when a limit is reached?
1Limit is hitProfit or loss threshold.
2Waiting setups clearThe old cycle is finished.
3MCS basket closesFiltered MCS positions are closed.
4Reset or stopDepends on one setting.
5Next cycleNow or next broker day.
What does the “after hit” switch do?
Default · false
Close, reset, continue
MCS closes the basket, uses the new account equity as the next starting point and can look for new setups again after a short pause.
true
Stop for the rest of the day
MCS closes the basket and blocks new entries until the next broker/server day.
The four settings
Turn account protection on or offUsePropEquityGuardDefault: true
What is it?
The master switch for Prop Equity Guard.
What should I do?
Keep it ON while learning how the protection cycle works.
Where is the profit line?PropProfitTargetUSDDefault: 100
What is it?
The positive equity move that triggers the guard.
What should I do?
Choose it for the account you are using. Do not treat 100 as a universal safe number.
Where is the loss line?PropMaxLossUSDDefault: 500
What is it?
The negative equity move that triggers the guard.
What should I do?
Set it deliberately for your account and rules. It is a money amount, not a percentage.
Continue or stop for the day?PropDisableNewEntriesAfterHitDefault: false
false
Reset the cycle and allow MCS to continue.
true
Block new entries for the rest of the broker/server day.
Very importantThe current guard measures total account equity, but it closes the filtered MCS basket. A manual trade or another EA can therefore move the guard toward a limit even if that other trade is not closed by MCS.
About “USD” in the setting nameThe EA compares MetaTrader account-equity values. On a non-USD account, treat the threshold as units of that account's deposit currency and test the behaviour on demo.
What happens after restart?
The Prop Guard cycle reference and same-day lock are stored so MCS can restore them after MT5 or the EA restarts. After a restart, still check the dashboard and open positions before leaving the terminal unattended.