Equity Shield Pro

Equity Shield Pro 1.0

Equity Shield Pro 1.0 is a powerful utility EA designed to safeguard your trading account by actively monitoring and enforcing equity protection and profit management rules. Whether you’re trading personal accounts or working through proprietary firm challenges, this EA ensures strict adherence to risk and profit targets, enabling you to maintain discipline and consistency.

Fully compatible with all proprietary firm challenges (such as FTMO, MyForexFunds, and more), Equity Shield Pro 1.0 is specifically crafted to meet the stringent drawdown and profit requirements of these programs. By automating risk controls, this EA lets you focus on executing your strategy without worrying about breaching limits.

Why Choose Equity Shield Pro 1.0?

    Prop Firm Compatibility: Tailored to meet the specific requirements of prop firms, ensuring compliance with the strictest rules for drawdown and profit targets.
    Automated Risk Management: Protect your capital by enforcing robust equity and profit management rules without manual intervention.
    Comprehensive Notifications: Stay informed with push, alert, and Telegram notifications, so you never miss a critical event.

Inputs and Features

General Settings:

1. Close trades at lvl reached

   • Automatically closes all open trades when specified equity protection or profit target levels are breached, helping ensure adherence to set limits.

2. Close charts

   • Closes all active trading charts when critical levels are reached, preventing accidental re-entry of trades and maintaining risk discipline.

Equity Protection:

1. Account size

   • Specify your initial account balance in the base currency to allow accurate percentage-based calculations for drawdown and profit targets.
     
     

2. Drawdown type

   • Choose how drawdown is calculated:
     • Normal: Standard drawdown calculation.
     • Trailing: Updates daily and account drawdown levels based on trailing profit percentages, offering dynamic protection.
       
       

3. Max daily Drawdown %

   • Set the maximum daily drawdown as a percentage of your account size. The EA halts trading if this threshold is breached, protecting you from excessive daily losses.
     
     

4. Max Account Drawdown %

   • Specify the total allowable drawdown percentage across all trading days. This feature is essential for complying with firm drawdown rules and safeguarding long-term account health.

Profit Targets:

1. Daily Profit Target %

   • Define a daily profit target as a percentage of your account balance. Once this level is achieved, trading stops, securing your profits for the day.
     
     

2. Account Profit Target %

   • Set an overall profit target for the account. When the specified cumulative percentage is reached, the EA halts trading, locking in long-term gains.

Notifications/Alerts:

1. Push notifications

   • Receive alerts directly to your MetaTrader-linked mobile app for updates like drawdown breaches or profit achievements.
     
     

2. Alerts notifications

   • On-screen MetaTrader notifications provide real-time updates within the terminal for quick and actionable feedback.
     
     

3. Telegram notifications

   • Sends notifications directly to your Telegram account for full visibility of key events while you’re away from your trading setup.
     
     

4. Chat IDs (separated by , )

   • Enter your Telegram Chat IDs (e.g., -123,-123 ) to specify where alerts should be sent. You can include multiple IDs for flexibility.
     
     

5. Bot Token

   • Enter your Telegram bot token to activate notification delivery. Required for enabling Telegram notifications.