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Drawdown Guardian protects MT4 accounts by enforcing drawdown and daily loss limits

MT4expert

Discover Drawdown Guardian 2026 review with verified drawdown control and daily loss limits. See real MT4 compliance results and improve risk controls.

Drawdown Guardian expert advisor logo for MT4
Price
$149
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Enforces daily and total account loss limits with configurable thresholds

Key

Automated trade lock and emergency close actions when limits breached

Key

Pending order cleanup to remove unfilled exposure during emergencies

Real-time warnings and configurable notification channels for compliance

Lightweight MT4 resource footprint, compatible with multiple EAs

Customizable presets for prop firm programs and account rules

Who Should Use Drawdown Guardian?

This expert advisor is designed for these trader profiles

Conservative Trader

Risk-Averse

Conservative traders focused on strict daily loss limits and compliance

Ideal Trader

Recommended

Prop firm applicants requiring enforced drawdown rules during evaluation

Professional Trader

Expert

Experienced EA users seeking additional automated risk controls on MT4

Ideal Trader

Recommended

Account managers needing consistent policy enforcement across multiple accounts

Detailed Review

Drawdown Guardian review 2026 performance analysis begins with a clear statement: this utility enforces risk rules rather than producing trading signals. Developed by Khachik Babayans for the MT4 platform and priced at $149, Drawdown Guardian is rated 4.5/5 across 100 reviews and is designed to reduce human error and policy breaches through automated protective actions. The 2026 Performance Analysis emphasizes compliance, showing how the tool integrates with existing expert advisors and account workflows to intercept breaches before they escalate. What makes Drawdown Guardian unique is its narrow, compliance-first scope. Instead of optimizing entries or exits, the algorithm monitors equity, balance, and unrealized loss metrics and triggers a sequence of actions: warning messages, temporary trade locks, pending order cleanup, and emergency close when thresholds are exceeded. The EA hooks into MT4 trading events and uses configurable timers and hysteresis settings to avoid false triggers during normal volatility. Khachik Babayans provides presets for common program rules while allowing granular adjustments for custom requirements. Drawdown Guardian performs best in accounts with frequent automated trading or where strict daily limits are mandated. Its risk management approach prioritizes rule enforcement over profit generation; expected characteristics include fewer forced liquidations and quicker reaction to adverse intraday moves. In practical use, the tool reduced compliance incidents for many users, though exact benefits depend on parameter selection and broker execution characteristics. Overall, Drawdown Guardian is a focused compliance tool for MT4 users who need automated, auditable enforcement of drawdown rules.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Because Drawdown Guardian is not an entry-generating expert advisor, traditional performance metrics such as win rate do not apply directly. Instead, performance is measured by enforcement accuracy, trigger latency, and the reduction in rule breaches. Users should expect the EA to detect limit breaches within seconds to minutes depending on MT4 polling and broker feed. Trade frequency impact is a function of the underlying EAs it protects; Drawdown Guardian itself does not create trades but may close or lock trades as configured. Account requirements are moderate: a live or demo MT4 account with sufficient margin to avoid immediate stop-outs is recommended, typically $500+ for retail strategies. Timeframe considerations are minimal for the EA’s monitoring role; attaching the EA to an H1 chart is common for stable performance while it watches account-level metrics continuously.
Risk Assessment

Drawdown Guardian Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Low Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Risk ManagementLow

Built-in protection mechanisms and controls

Risk level for Drawdown Guardian is conservative in intent because the product exists to reduce downside risk and enforce limits. It does not implement stop losses for individual trades, so users should maintain explicit stop orders on positions; Drawdown Guardian complements, rather than replaces, per-trade risk management. Position sizing should follow fixed fractional or percentage-of-equity rules external to the EA; the utility enforces account-level caps rather than position-level sizing. Vulnerabilities include broker execution delays, large overnight gaps, and account-level resets that can bypass timely intervention. Recommended account size depends on underlying strategies, but a minimum of $500 to $2,000 is sensible for retail users integrating the EA into active automated portfolios.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

Drawdown Guardian Setup Guide & Installation

Step-by-step instructions to get Drawdown Guardian running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install Drawdown Guardian by copying the EA file into the MT4 Experts folder and restarting the platform. Attach the EA to one chart and enable Expert Advisors, Algo Trading, and allow DLL imports if required. Configure key parameters such as daily loss limit, overall drawdown limit, warning thresholds, and the action sequence (warn, lock, cleanup, emergency close). Use ECN or STP brokers with reliable execution for best results, and run the EA on an H1 chart or a stable timeframe of your choice. Begin with demo testing and a forward-testing period of several weeks before deploying on live accounts.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install Drawdown Guardian by copying the EA file into the MT4 Experts folder and restarting the platform. Attach the EA to one chart and enable Expert Advisors, Algo Trading, and allow DLL imports if required. Configure key parameters such as daily loss limit, overall drawdown limit, warning thresholds, and the action sequence (warn, lock, cleanup, emergency close). Use ECN or STP brokers with reliable execution for best results, and run the EA on an H1 chart or a stable timeframe of your choice. Begin with demo testing and a forward-testing period of several weeks before deploying on live accounts.

Ready to Install?

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Developed by Khachik Babayans

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

Drawdown Guardian is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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149
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