Prop Firm Capital Protection for MetaTrader4 (MT4) - Free [TFlab]

The Prop Firm Capital Protection Expert is a specialized tool developed by TradingFinder for MetaTrader 4, engineered to support advanced capital preservation, intelligent risk management, and fast, precise trade execution.
Equipped with a professional control panel, this expert offers essential trading utilities such as Break Even, Dynamic Trailing Stop, and Multi-Symbol order management. With seven configurable tabs, it optimizes trading strategy performance while reinforcing trading discipline and psychology.
By delivering intelligent alerts and enforcing structured trading rules, the expert helps Forex traders align with prop firm trading conditions and significantly improve profitability.

You can download it from this link:
https://tradingfinder.com/products/i...free-download/

You can also access the MetaTrader 5 version of this Indicator through this page:
https://www.forexfactory.com/thread/...etatrader5-mt5


For instructions on how to install:
https://www.forexfactory.com/thread/...-in-metatrader


Prop Firm DrawDown Protector : Prop Firm Capital Protection Expert MT4 |Forex Money Management: Forex Trade Management Expert MT4 |ICT Concepts Indicator MT4 | Smart Money Concepts Expert MT4| Get a free Expert Advisor license via Telegram and WhatsApp


Who Is the Prop Firm Capital Protection Expert Designed For?
The Prop Firm Capital Protection Expert is tailored for a wide range of users, from experienced proprietary traders to disciplined retail traders seeking refined control over capital and strategy.
Target User Groups:

1. Prop Firm Traders
   1. Enforces rules specific to prop firm accounts
   2. Daily/weekly profit and loss thresholds
   3. Trade volume restrictions
   4. Symbol and timing constraints
      

2. Scalpers
   1. Instant execution support
   2. Partial Close functionality
   3. Candle countdown timer
   4. Dynamic Trailing Stop for active intraday management
      

3. Strategy-Driven Traders
   1. Ideal for traders following ICT, Smart Money, Price Action
   2. Full parameter customization to match strategic requirements
      

4. High-Risk or Emotion-Prone Traders
   1. Limitations on trade count and volume
   2. Predefined profit/loss boundaries
   3. Auto-disable function after critical thresholds
   4. Helps prevent overtrading, FOMO, and impulsive decisions

Key Features of the Prop Firm Capital Protection Expert
Compliance with Prop Firm Rules
Designed for prop trading environments, the expert enforces strict execution rules:

1. Daily and total drawdown controls
2. Trade volume and frequency caps
3. Block entries during news events
4. Suspend trading on reaching profit/loss caps

Position Sizing Automation
Calculates trade volume automatically based on:

1. Percentage of capital
2. Fixed dollar risk
3. Stop Loss in pip distance

Eliminates manual errors and ensures consistent risk exposure.

Partial Close & Break Even Features

1. Lock in profits by closing part of a position
2. Automatically move Stop Loss to Break Even
3. Adaptable to volatile or fast-moving markets

Trade Time Management

1. Define allowed trading hours per day
2. Avoid trading during low-liquidity periods
3. Supports time-restricted trading plans

Daily and Weekly P/L Limits

1. Define maximum profit/loss by percentage, pips, or fixed value
2. Auto-disable feature enhances risk and emotional control

Emotion Management Tools
Helps maintain discipline through:

1. Trade and drawdown caps
2. Alerts and auto-disable settings
3. Prevents revenge trading and emotional breakdowns

Candle Timer

1. Displays real-time candle countdown
2. Assists with entry and exit timing strategies

Installation and Setup Guide
Enabling DLL for MetaTrader 4

1. Go to Tools > Options in MetaTrader 4
2. Under the Expert Advisors tab, enable:
   1. "Allow DLL imports"
   2. "Allow automated trading"

How to Get and Enter Your License

1. Contact TradingFinder Support via website chat, Telegram, or WhatsApp
2. After receiving the license code:
   1. Launch the Expert on chart
   2. Enter the code in the “Your License” field on the panel

   
   

Panel Structure and Functional Tabs
The Expert consists of modular panels for complete trade and account management.
Trade Tab

1. Choose order type: Buy, Sell, Buy Limit/Stop, Sell Limit/Stop
2. Set Stop Loss and Take Profit via:
   1. Points
   2. Balance Percentage
   3. Dollar value
   4. Reward-to-Risk Ratio

Visual Tab

1. Set pending trades directly on the chart
2. Display key trade levels: Entry, Stop Loss, Take Profit
3. Evaluate Risk/Reward before placing orders

Money Management Tab (MM)

1. Activate Break Even and Trailing Stop features
2. Quick utility buttons:
   1. Close All
   2. Break Even All
   3. Close Pending
   4. Open Account Protector panel

Account Protection and Advanced Settings
Volume Tab
Control trading volume through:

1. Max trade size per position
2. Max daily and weekly trade size
3. Maximum daily/weekly trades
4. Max sequences of profit/loss

Time Tab

1. Define trading hours for each day of the week
2. Prevent trades outside planned windows
3. Ideal for structuring daily routines

Profit/Loss Limits Tab

1. Set limits by percentage, dollars, or pips
2. Automatically halts trading once thresholds are breached
3. Prevents risky behavior post-loss or during euphoria

Symbol Tab

1. Define permitted instruments
2. Prevent trades on off-strategy symbols
3. Enhances focus and strategic consistency

Trades Tab

1. Monitor:
   1. Real-time floating P/L
   2. Daily/Weekly profits and losses
   3. Consecutive wins/losses

2. Enable Data Tab for chart-side account summary

Take Profit & Stop Loss Tab (TP & SL)

1. Enforce mandatory TP and SL levels
2. Configure alert intervals for missing levels
3. Limit TP/SL modification frequency

News Tab

1. Prevent trades during high-impact economic events
2. Enable WebRequest:
   1. Go to Tools > Options > Expert Advisors

3. Set alert timing before/after news releases
4. Filter by symbol or news type

Sample Trade Execution Scenarios
Buy Trade Example
On a USDJPY M5 chart, a long position is placed using:

1. Entry volume based on risk or capital
2. Risk-to-Reward settings configured via the panel
3. Trade executed with optimal stop and target levels

Sell Trade Example
On a SOL/USD H1 chart:

1. Use the Visual tab to set pending sell order
2. Adjust levels manually on the chart
3. Execute with pre-validated risk settings

Conclusion
The Prop Firm Capital Protection Expert is an essential solution for traders seeking precise control, strategy alignment, and professional capital management within MetaTrader 4.
Its modular design and integration with trading disciplines such as ICT, Smart Money, and Price Action empower users to implement structured rules, safeguard trading psychology, and avoid destructive behavior.
With advanced features for risk control, volume limits, time restrictions, and emotional management, this expert advisor not only supports consistent performance but also protects capital from drawdowns and impulsive errors—making it an indispensable tool for traders operating in both proprietary and independent environments.