RiskGuard by Cold Execution is a risk management plugin designed for cTrader Desktop to help traders maintain discipline by enforcing daily loss limits, profit protection, and scheduled trading breaks. It features two configurable daily loss thresholds: a first-level break and a second-level daily lock, which restrict new position entries once limits are reached. The plugin also monitors realized daily profits and triggers alerts or locks if a specified percentage of peak profit is given back, helping to prevent profit erosion. Users can set up to two daily entry-lock windows for scheduled breaks. Flexible controls allow customization of alert messages and unlocking methods, including timers or passwords. Locks apply to all new trades on the active account, including manual, mobile, cBot, and pending orders, while existing open positions remain unaffected. Monitoring is based on realized profit and loss from closed trades only. RiskGuard requires cTrader Desktop to be running and connected with trading permissions enabled. The setup involves installing the plugin, configuring loss limits, profit protection parameters, unlocking options, and scheduled breaks. This tool supports risk control by limiting overtrading and managing emotional trading behaviors through automated enforcement of predefined trading rules.