Risk Guardian – Prop Firm HUD is a lightweight, real-time risk monitoring indicator designed specifically for prop firm traders. It provides a clean, minimalistic heads-up display (HUD) showing key risk metrics that determine account status under prop firm rules. The HUD tracks remaining Daily Loss and Maximum Drawdown limits based on the initial account balance, reflecting how prop firms like FTMO, MyFundedFX, and E8 evaluate account failure.
Key functionalities include:
- Prop-firm accurate risk logic with daily and maximum loss calculated from the initial balance.
- Daily loss automatically capped by the remaining maximum drawdown.
- Balance-based calculations using actual balance rather than floating equity to avoid misleading unrealized profit/loss.
- Automatic detection and locking of the initial account balance when first attached, with manual override options for common account sizes (50K, 100K, 200K).
- A fixed, top-left Apple-style HUD with left-aligned typography for clear readability.
- A daily reset countdown timer with adjustable UTC offset.
- Efficient, timer-based updates that minimize CPU usage and allow safe operation on multiple charts simultaneously.
This indicator supports various markets including Forex, indices, commodities, stocks, and cryptocurrencies, aligning with prop trading requirements without providing trading signals or clutter.