A free guard for your prop firm loss limits
By the Kairotick team. Updated .
TradeWarden Lite runs in MetaTrader 5 and watches the daily and maximum loss limits of your whole account. When a guard line set before a limit is reached, it closes every trade. Free, with no time limit.
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The free download opens soon
Meanwhile you can try the full TradeWarden for 7 days.
Get TradeWarden Lite, free
- Free and no time limit. No payment, nothing to cancel.
- For any MetaTrader 5 account: demo, challenge or funded.
- One click with Google. Google gives us your email and nothing else. Privacy.
By signing in you accept the terms.
Your free TradeWarden Lite
Download TradeWarden Lite (.zip)Sign in again with the same Google account to come back to this download.
Set it up in 3 steps, about 2 minutes
- Put the file in MetaTrader 5. Unzip the download. In MT5 click File → Open Data Folder, open MQL5 → Experts and copy TradeWarden Lite.ex5 there. Then in the Navigator, right-click Expert Advisors → Refresh.
- Turn on Algo Trading in the toolbar, so it turns green.
- Drag TradeWarden Lite onto any chart and click OK. On the panel, click Change to pick your firm and phase, or set your own limits.
Keep MetaTrader 5 running (a VPS is best): the guard works only while the terminal is open.
- One number to watch: how much you can still lose before the guard closes everything.
- Your firm's rules built in: presets for FTMO, FundedNext, The5ers and FundingPips, or your own limits.
- Closes early, on purpose: the guard line sits before each limit (10% before it, unless you change it).
- Watches every trade: trades opened from your phone, by hand or by other EAs count too.
- Never opens a trade. It only closes, and only at your guard lines.
Lite or the full TradeWarden
| Feature | Lite | Full |
|---|---|---|
| Daily and maximum loss guard (static or trailing) | ✓ | ✓ |
| Prop firm presets and your own limits | ✓ | ✓ |
| Weekly and monthly loss limits, profit lock, challenge target | ✓ | ✓ |
| Challenge statistics: trading days, best-day rule | ✓ | ✓ |
| Alerts on screen and on your phone (MT5 app) | ✓ | ✓ |
| One-click orders sized from your risk, with drag-and-drop lines | – | ✓ |
| Break-even, partial closes, trailing and hidden stops | – | ✓ |
| Live Guard against revenge trades, news filter, discipline rules | – | ✓ |
| Trade copier, journal, Telegram and Discord alerts | – | ✓ |
Questions
Is it really free?
Yes. Lite has no time limit and no payment. The full TradeWarden, with the trade manager, is $79 once.
Does it trade for me?
No. It never opens a trade. It closes trades only when a guard line is reached.
Can it promise I never break a limit?
No tool can. A price gap, a weekend gap or a broker that refuses a close can move a close past the line. That is why the guard line sits before the limit. It also works only while MetaTrader 5 is running.
Which firms does it know?
Presets for FTMO, FundedNext, The5ers and FundingPips. For any other firm, type your firm's limits on the panel. Always check your firm's current rules on its own site.
MetaTrader 4?
No. TradeWarden is for MetaTrader 5.
Want the full TradeWarden?
Everything in Lite plus the trade manager, Live Guard and the trade copier. Try it free for 7 days first.
Get TradeWarden for $79Trading carries risk. TradeWarden Lite is provided as is, without any warranty. Not financial advice. The Kairotick team.