Use Case
More trades doesn't mean more profit. It means more spread costs, more mental fatigue, and more bad decisions. PipsGuard enforces your plan's limits automatically.
You have a trading plan. It says 3-5 trades per day, specific setups, specific times. But when the market moves, you can't help yourself. You take every signal. You trade every pair.
By 2pm you've taken 15 trades, your spread costs have eaten your profits, and you're mentally exhausted making bad decisions. Overtrading isn't just about frequency — it's about the compounding damage of unfocused execution.
Max Positions Open caps how many trades you can have open simultaneously. When you hit the limit, new trades are blocked. Simple.
Trading Hours limits when you can trade, so you're only active during your best sessions. No more 3am impulse trades.
Emotional Trading Block after wins — yes, you can enable this — prevents euphoria-driven overtrading. Weekly Loss Cap stops the bleeding if overtrading turns into overlossing.
apply_after_wins enabledCombine Trading Hours with Max Positions Open for maximum discipline. If your best window is London session, set 08:00-12:00 UTC with a 3-trade cap. You'll be forced to pick only your highest-conviction setups.
Let PipsGuard enforce the limits your trading plan already defines.
Protect My Account →MetaTrader 5 · 24/7 monitoring · Cancel anytime