FRZ Prop Account Guard is a free tool (EA) designed for monitoring FTMO and other similar prop trading accounts. It will basically monitor the daily loss and maximum loss limits and whenever such limits are close, trades are automatically closed so that you will not lose the test by a simple error. You just need to load the EA to one of the charts on your MT5 and then EA will start monitoring the trades on all the charts of your MT5.
Salient features:
- Daily loss & max loss guard – the EA will monitor these limits and will close the trades before the account hits any of those limits.
- Target management: EA will close all the trades when the profit target is achieved.
- Weekend auto trade close: You may opt to close trades at the end of the Friday trading to ensure trades are not kept over the weekend.
- Mobile/email notifications: You can get notifications on loss limits, target achievement or terminal being disconnected from broker server.
- Info panel: You can see all the main statistics on the screen to easily understand the current situation.
Video Tutorial
Screenshot
Detailed user manual available on the knowledgebase.
EA Specs
| Product name | FRZ Prop Account Guard |
| Forex Platform supported | MT5 |
| Time frames supported | Any |
| Supported pairs | Any pair |
| Current version | 3.0 |
FRZ Prop Account Guard MT5
Jami K –
Great tool; helped me a lot
Zane –
it works!
Charles Hari –
So far so good..
Dylan E –
Couldn’t be happier!
Phoenix –
FRZ is the best!
Max Walter –
Doing well so far
Patrick –
Very useful – thanks for support
Daniel –
Nice tool.
David –
Good service.
Mason –
Using it for few weeks; doing fine
Edward –
Just installed… looking good
Ryker –
Really appreciate…!
Owen –
Probably the best of its kind
Jackson –
Best one I have used for sure
Tyler –
So far so good…
Richard –
This works fine!
Kai F –
Thank you for installation support
William –
By far the best item on the market, you will not be disappointed.
Mateo –
Thank you for support
Nolan –
Really good
Nathaniel –
Great
Alan H –
This is cool – thanks
Isaac –
Very well worth the money.
Angel Hans –
A promising product, worth trying
Aiden –
super easy and it does the job
Anthony S –
Using it on live trading. thanks
Henry Corei –
I like it..
Ryder –
it works!
Nicholas –
So far so good..
Kaden Arabic –
Like its features, using it for a week
Julian –
FRZ is the best!
Camden –
Doing well so far
Michael H –
Great item. Easy to use and really clean. Worked perfectly!