Introduction

Ever wake up to find your account wiped out because you forgot to disable your trading robot before a big news spike? Or maybe you’ve manually dragged stops only to watch price spike through them and blow your balance out. It sucks—real emotional and financial pain. That’s exactly why we built Account Protector EA V1.13 MT5, a free expert advisor that literally watches over your equity and balance 24/5, automatically closing or blocking trades when preset drawdown, equity, or margin levels are hit. No martingale, no complex rules—just straightforward protection for your hard-earned capital. Totally free on MQL5.software and backed by our YoForex guarantee, this EA is the safety net every automated trader needs.

Overview

The Account Protector EA V1.13 MT5 is a lightweight, always-on guard designed to sit quietly on your MT5 terminal and monitor your account health. Unlike conventional EAs that focus on entries and exits, this tool does one job—and it does it brilliantly: protects your balance and equity from catastrophic losses.

Here’s the gist:

  • Equity & Balance Safeguards
  • Margin & Free Margin Filters
  • Time-Based Trading Blocks
  • Daily Loss Limits

Attach it to any chart—doesn’t matter which pair or timeframe—and configure just a handful of inputs. The EA instantly begins tracking account metrics. When any condition you’ve set (e.g., 5% drawdown, 10 USD loss, 30% margin use) is met, it can either disable further trading, close all open positions, or both. Simple, effective, life-saving.

Use Account Protector EA V1.13 MT5 alongside your favorite strategy EAs—whether that’s the Gold Agent EA V1.01 MT5 for XAUUSD scalping or the EA Angon v1.0 MT4 adapted for MT5. Your core strategies focus on profits; Account Protector focuses on prevention.

Key Features

• Equity Drawdown Limit: set a maximum drawdown percentage; EA auto-closes trades or stops trading altogether.
• Balance Loss Threshold: specify a flat-amount loss limit (e.g., $100); EA takes action once reached.
• Margin & Free Margin Filters: pause trading when margin use or free margin crosses unsafe levels.
• Daily Loss Cap: prevent overnight or over-active losses by limiting daily net loss.
• Trade Blocking Options: choose to disable new trades, close existing positions, or both.
• Session Control: restrict protection logic to specific sessions (e.g., London, New York).
• Email & Push Alerts: get notified immediately when a protection trigger fires.
• Minimal Resource Usage: lean MQL5 code ensures MT5 stays responsive.
• Easy to Configure: intuitive inputs—no complex formulas or coding required.
• 100% Free Updates: YoForex’s promise to keep your protector updated as MT5 evolves

Backtest Results & Proof

While Account Protector EA doesn’t trade, we rigorously tested its protection logic under simulated “worst-case” scenarios:

Scenario                    Trigger Type                       Action                                     Outcome
Fast Equity Crash    Equity Drawdown ≥ 5%    Close All           All positions closed within 1 second of threshold hit.
Slow Balance Drain    Balance Loss ≥ $200    Block Trading    New orders prevented; open trades left intact.
Margin Spike (News)    Free Margin < 20%    Close All           Positions closed pre-margin call.
Multiple Triggers Day    Daily Loss ≥ $150    Close & Block    EA halted trading for remainder of day.

Confidence comes from knowing that no matter how crazy your strategy EA goes—be it your high-frequency scalper or your long-term trend follower—Account Protector’s safety net stays taut.

How to Install & Configure

  1. Download from MQL5.software:
    Account Protector EA V1.13 MT5
  2. Copy AccountProtector_v1.13.ex5 into your /MQL5/Experts/ directory.
  3. Restart MetaTrader 5 or compile in MetaEditor.
  4. Attach to any chart (EURUSD H1 recommended for minimal chart clutter):
  5.  
    Navigator → Expert Advisors → Account Protector EA V1.13 → Attach to Chart
  6. Open the Inputs tab and configure:
  • EquityDrawdownPercent = e.g., 5 (percent)
  • BalanceLossAmount = e.g., 100 (account currency)
  • FreeMarginFilterPercent = e.g., 20 (percent)
  • DailyLossLimit = e.g., 150 (account currency)
  • ActionOnTrigger = CloseAll / BlockNew / Both
  • SessionFilter = All / London / NewYork / Tokyo
  • EnableEmailAlert = true/false
  • EnablePushAlert = true/false

Why Choose YoForex-Powered Tools?

  • 100% Free Forever: no trial periods, no hidden fees.
  • Community-Driven Updates: feature requests implemented fast.
  • Transparent Roadmap: know exactly what improvements are coming next.
  • Comprehensive Education: from our Beginner’s Guide to EAs to video walkthroughs.
  • Reliable Support: 24/7 help via WhatsApp and our Telegram group

Support & Disclaimer

Got questions, ran into a bug, or need help fine-tuning? Reach out any time:

Disclaimer: Trading involves risk. Past “protection” performance does not guarantee future account safety. Always demo-test new tools, manage your risk, and never risk more than you can afford to lose. Account Protector EA V1.13 MT5 is provided “as is”—use at your own discretion.

Call to Action

Ready to lock down your account’s safety net? Download Account Protector EA V1.13 MT5 now—100% free on MQL5.software! Give your core strategy EAs the backup they deserve and trade with true peace of mind. Install it today and join the YoForex community for unlimited support.

Join our Telegram for the latest updates and support

 

Happy Trading