Account Protector EA V1.13 MT5 – Your Ultimate Safety Net in Volatile Markets - FREE DOWNLOAD

By: Swarnalata

Published on: Apr 23, 2025

Introduction

In the ever-volatile world of forex trading, managing risk is just as important as finding the right trading opportunities. One major mistake can wipe out weeks or even months of gains. That’s where Account Protector EA V1.13 for MetaTrader 5 comes into play. This expert advisor isn’t designed to trade on your behalf—but rather, to protect your account from massive drawdowns and margin calls.

Whether you’re a beginner or a seasoned trader, this EA acts like a personal risk management assistant, ensuring your account balance doesn’t dip below critical levels. If you trade major pairs like EUR/USD, GBP/USD, and USD/JPY, then this tool can be a game-changer for your trading strategy.

What is Account Protector EA V1.13?

Account Protector EA is a MetaTrader 5 Expert Advisor that monitors your account in real-time and automatically performs predefined safety actions when certain risk thresholds are breached. It’s not a trading bot in the traditional sense. Instead, its primary purpose is capital preservation.

Imagine having an assistant who watches over your open trades and closes them automatically when losses reach a limit that you're comfortable with. That’s exactly what this EA does.

Key Features of Account Protector EA V1.13

Here’s what makes this EA an essential part of your trading toolkit:

Equity Protection: Closes all open trades when equity falls below a defined percentage or amount.

Drawdown Control: Automatically stops trading activity when a set drawdown level is reached.

Profit Locking: Option to close all trades when a certain profit level is achieved.

Customizable Settings: Set your own limits for equity, drawdown, and profits.

Real-Time Monitoring: Constantly tracks your MT5 account without lag.

Margin Call Prevention: Helps avoid hitting dangerous margin levels.

Supports Multiple Currencies: Designed and tested for EUR/USD, GBP/USD, and USD/JPY.

No Trading Logic Interference: Does not interfere with other trading EAs.

Supported Currency Pairs

While the EA is technically compatible with all MT5 currency pairs, it’s highly optimized for major pairs like:

EUR/USD – Ideal for low-spread, high-liquidity trading strategies.

GBP/USD – Protects against the pair’s volatile price movements.

USD/JPY – Helps you navigate sharp intraday fluctuations.

How Does Account Protector EA Work?

Account Protector EA is installed like any other MT5 EA. Once launched on any chart, it monitors the entire account, not just trades on that specific pair. It uses predefined rules and thresholds to determine whether to close trades, stop all trading, or send alerts.

Example Scenarios:

You set a max drawdown of 20%. If your account equity drops to that level, the EA immediately closes all open trades.

You target a $1000 profit. As soon as your account hits that number in floating profit, it locks in the gains by closing all positions.

This helps eliminate emotional trading decisions and automates one of the most difficult parts of trading—knowing when to stop.

Recommended Settings

While the EA comes with default parameters, you can tweak the settings according to your trading strategy and risk tolerance:

Parameter Description Recommended
Max Drawdown % of balance to allow before closing all trades 20%
Min Equity: Absolute dollar value to maintain as a safety net $500
Max Profit Lock Target profit after which trades close $1000
Time Restriction: Only activate EA during specific hours Optional
Alert Notification Receive email or push alerts when actions are triggered Enabled

These settings provide a solid foundation for conservative to moderate traders.

Why Use an Account Protector EA?

Even professional traders experience losing streaks. The key difference is how they manage risk. Most major institutions employ similar logic to the Account Protector EA—but at a much larger scale.

Benefits:

Peace of Mind: Focus on your strategies knowing there’s a safety net.

Hands-Free Protection: No manual intervention needed.

Perfect for Prop Firm Challenges: Stay within max drawdown rules.

Compatible with Other EAs: Does not conflict with existing bots or indicators.

Great for Volatile News Events: Automatically protects your capital during high-impact releases.

Who Should Use This EA?

Retail Traders wanting extra safety on automated or manual trades.

Prop Firm Traders who need to stay under strict risk limits.

Manual Day Traders who don’t want to babysit charts all day.

Automated System Users who combine multiple EAs and want an account-level risk manager.

Installation & Setup Guide

Download the Account Protector EA V1.13 file.

Open MT5 and go to File > Open Data Folder.

Navigate to MQL5 > Experts and paste the EA file.

Restart MetaTrader 5.

Drag the EA onto any chart (any timeframe).

Set your risk parameters.

Enable auto-trading, and you’re done!

It’s that simple.

Final Verdict

In a world where market movements can be ruthless and unpredictable, the Account Protector EA V1.13 for MT5 offers the safety every trader needs. It doesn’t promise you profits—it promises protection. That’s a rare quality in the forex world.

If you’re actively trading EUR/USD, GBP/USD, or USD/JPY, integrating this EA into your system can drastically improve your risk management discipline and potentially save your account from devastating losses.