Swap Shield Auto Close And Reopen Prop Firms MT4 prevents weekend swap losses automatically

This 2026 review offers a performance analysis of Swap Shield Auto Close And Reopen Prop Firms MT4 and examines how the utility behaves in real trading environments. Swap Shield Auto Close And Reopen Prop Firms MT4 is unique because it is purpose-built for traders subject to Prop Firm rules and for those seeking to avoid negative swap fees without changing trade entries. The first layer of uniqueness is schedule-driven automation: it detects server time, compares trade open times, and executes close orders just before swap windows or weekends. The algorithm works by scanning open positions and applying user-defined criteria such as minimum trade age, maximum allowed spread, and symbol-specific schedules. When conditions are met it issues close orders and logs each action to a CSV file for audit and recovery. Reopen logic monitors price conditions and spreads, then attempts to re-enter positions at the original side and lot size if market conditions permit. Swap Shield Auto Close And Reopen Prop Firms MT4 handles stable, liquid forex pairs best and is less suited to very illiquid exotics. Risk management is conservative by design: it does not pyramid or open new directional exposure beyond restoring closed trades, and it includes spread and timeout protections. Expected performance characteristics include near-zero additional drawdown from the utility itself, a small number of automatic actions per week depending on schedule, and improved account compliance for prop firm challenges. Users should plan for occasional slippage during reopen attempts and verify CSV recovery paths before live deployment.