Prop Guardian - Daily Equity Shield is a real-time risk management indicator designed to monitor daily equity drawdown for funded trading accounts and prop firm challenges. It calculates your daily equity drawdown from the start of each day, including floating profit and loss, and provides a visual risk status with color-coded alerts: green (0-60% drawdown used, safe to trade), orange (60-85%, caution), and red flashing (above 85%, stop trading). The indicator supports all symbols and timeframes, automatically resets at midnight UTC, and features lightweight operation without external calls or DLLs. Its purpose is to help traders track daily loss limits accurately to avoid challenge failures due to unmanaged drawdowns. The tool offers clear visual alerts before reaching drawdown limits, aiding in disciplined risk control.