How to Configure Protection Rules
Accessing Rules
From your dashboard, select the MT5 account you want to configure. Navigate to the "Rules" section. Each rule can be individually enabled or disabled.
Rule Categories
Drawdown & Loss
Protect your account balance:
- Trailing Drawdown Monitor
- Max Loss Per Trade
- Max Floating Loss
- Weekly Loss Cap
Position & Size
Control trade sizing:
- Max Margin Usage
- Max Positions Open
Consistency & Behavior
Prevent emotional trading:
- Consistency Rule
- Loss Streak
- Emotional Trading Block
Time-Based
Time-based protection:
- News Blackout
- No Weekend Holding
- No Overnight Holding
- Trading Hours
- Max Trade Duration
Recommended Starter Configurations
For Prop Firm Challenges (e.g., FTMO)
Recommended Config
Trailing Drawdown Enabled // Match your prop firm limit (e.g., 5%)
Consistency Rule Enabled // "Challenge" mode with profit target
No Weekend Holding Enabled // Most prop firms penalize weekend holds
Max Margin Usage Enabled // Cap leverage below firm limits
For Funded Accounts
Same as above, plus:
- Weekly Loss Cap — prevent giving back profits
- Emotional Trading Block — prevent revenge trading
- Max Loss Per Trade — set at 1–2% of account
For Personal Accounts
Focus on behavioral rules:
- Loss Streak — 3 losses, then 15-minute cooldown
- Emotional Trading Block — 5 minutes after any loss
- Max Positions Open — cap concurrent trades to your plan
- Max Margin Usage — cap at 30–50%
Important Notes
Important
All custom rules are available on every plan, including Guardian. Rule changes take effect immediately. Changes do not affect currently open positions unless the rule monitors open trades. Some rules are "pre-trade" (block before opening) and some are "monitor" (watch open positions).