Prop Firm Risk Guard: Automated MT5 Trading with Verified Results

This 2026 review provides a hands-on performance analysis of Prop Firm Risk Guard and how it functions within an MT5 trading environment. The review examines verified results and operational behavior, comparing expected outcomes against live demo and small funded accounts to produce a clear analysis of real-world effectiveness. Prop Firm Risk Guard is unique because it does not trade; it enforces risk rules by monitoring equity in real time and initiating a full-account close when limits are reached, which differentiates it from trade-generating EAs. The algorithm continuously calculates daily drawdown as equity minus the highest intraday equity peak rather than simple balance changes, making drawdown detection more accurate for margin-sensitive scenarios. Configuration options let users set a daily drawdown threshold, maximum account drawdown, and a profit lock level to preserve gains. Prop Firm Risk Guard also integrates a high-impact news filter to reduce exposure around scheduled events and provides a manual panic close button for immediate intervention. In mixed-market conditions it performs best when paired with strategies that have predictable position sizing and limited correlation, such as mean-reversion or trend-following EAs with controlled risk per trade. Expected performance characteristics include fewer catastrophic account failures, reduced rule breaches for funded accounts, and occasional false positives where automated closure triggers despite short-term recoveries. For strict compliance scenarios, Prop Firm Risk Guard's deterministic approach offers transparent, auditable behavior and clear logs for post-trade review.