This MetaTrader expert advisor functions as a trade manager that automates stop loss adjustments for existing positions. It specifically waits until a trade reaches a user-defined profit threshold in points before initiating a trailing stop. The tool includes flexible filtering options to manage specific symbols, magic
Trade manager · MT5
HCPropsController
HCPropsController is a comprehensive management utility for MetaTrader 5 designed to safeguard prop firm accounts and facilitate local trade replication.
GitHub stars5
Forks0
Last update13 days ago10 Sep 2026
LicenceNone stated
Latest releasev2.5.12 months ago
Overview
HCPropsController functions in Master, Slave, or standalone Risk Manager modes. The EA enforces various risk controls, such as daily profit and loss limits, maximum trade counts, and specific trading hours. Its copy-trading functionality utilizes local file synchronization on a single VPS, featuring lot scaling, symbol mapping, and inverse trade support. Additionally, it integrates an offline news filter and a dashboard for real-time monitoring of account status and equity limits.
- Prop-firm risk guardian with equity and drawdown limits
- Local file-based copy trading for Master and Slave accounts
- Integrated news filter utilizing native economic calendar data
- Automated lot scaling and custom symbol mapping
- On-chart information panel for status and risk tracking
Details
Author
ivanrdgc on GitHub
Type
Trade manager
Platform
MetaTrader 5 (MQL5)
Markets
Any symbol
Timeframes
Any timeframe
Risk Profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA Files
Input Parameters
Read from HCPropsController.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Mode | HCMode | MODE_MASTER | Operation mode |
PropFirmMode | bool | true | Enable limits guardian (all modes) |
ForceInitialBalance | double | 0.0 | Force initial balance (0 = auto-detect) |
HistoryFromDate | datetime | 0 | Ignore history before this time (account reset); 0 = full history |
ResetCountersOnInit | bool | false | Reset counters and locks on init |
FileName | string | master_00001.csv | Shared file name (Master and Slave must match; bump 00001 for more) |
CustomFilePath | string | | Custom path inside Common\Files (overrides FileName) |
Symbols | string | | (MASTER) Symbols to replicate, comma-sep (empty = all) |
SymbolMapping | string | | Mapping MAST:SLAV;MAST2:SLAV2 (optional) |
CopyMode | HCCopyMode | COPY_NORMAL | Copy mode |
InverseMode | bool | true | Invert Master trades (reverse direction; mirror SL/TP) |
RiskMultiplier | double | 1.0 | Lot multiplier (Slave lot = Master lot x mult) |
Show all 40 inputs
| Name | Type | Default | Description |
|---|---|---|---|
AutoLotScaling | bool | true | Auto-scale lots by point value (contract size differences) |
Slippage | int | 10 | Allowed slippage (points) |
MagicNumber | long | 987654 | Magic Number of the Slave orders |
PropagateSlaveClose | bool | true | Slave closes AND trading locks propagate to the Master |
ExpectedSlaves | int | 0 | Fresh Slave heartbeats required for new entries; 0 = off |
SlaveHeartbeatTimeoutSec | int | 15 | Slave heartbeat considered stale after (seconds) |
TradePairLog | bool | true | Per-account trade log (<syncfile>.trades.<login>.csv) for hedge reconciliation |
DailyProfitLimitPercent | double | 4.6 | Daily profit limit (%); 0 = no limit |
DailyLossLimitPercent | double | 4.6 | Daily loss limit (%); 0 = no limit |
TotalProfitLimitPercent | double | 8.1 | Total profit limit (%); 0 = no limit |
TotalLossLimitPercent | double | 8.1 | Total loss limit (%); 0 = no limit |
MaxLossPercentPerIdea | double | 0.0 | Floating loss per symbol + direction (% of initial base); 0 = off |
MaxProfitPercentPerIdea | double | 0.0 | Floating profit per symbol + direction (% of initial base); 0 = off |
MaxParallelTrades | int | 1 | Parallel trades limit; 0 = no limit |
MaxTradesPerDay | int | 1 | Trades per day limit; 0 = no limit |
MaxTradesTotal | int | 0 | Total trades limit (never resets daily); 0 = no limit |
MaxConsecLossesPerDay | int | 0 | Consecutive losses per day limit; 0 = no limit |
MaxConsecWinsPerDay | int | 0 | Consecutive wins per day limit; 0 = no limit |
MaxDailyNetWins | int | 0 | Daily net W/L tally: stop at wins-losses >= +this; 0 = no limit |
MaxDailyNetLosses | int | 0 | Daily net W/L tally: stop at wins-losses <= -this; 0 = no limit |
DailyResetHour | int | 0 | Daily reset hour (0-23) |
DailyResetMinute | int | 0 | Daily reset minute (0-59) |
LimitTradingHours | bool | true | Limit new entries to the specified hours |
TradingStartHour | int | 6 | Trading start hour (0-23) |
TradingStartMinute | int | 0 | Trading start minute (0-59) |
TradingEndHour | int | 20 | Trading end hour (0-23) |
TradingEndMinute | int | 0 | Trading end minute (0-59) |
ForceExitEnabled | bool | true | Force close at the specified time |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone ivanrdgc/HCPropsController from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
Similar Expert Advisors
Trader Pad is a trade management utility for MetaTrader 5 designed to automate position exits and risk control after an entry is initiated. The software handles stop-loss and take-profit placement in ticks, providing advanced trailing stop logic and break-even functionality. It allows users to scale out of positions th
This trade manager for MetaTrader 4 and 5 automatically adjusts the stop-loss levels of open positions using the Average True Range indicator. It allows users to define the trailing distance through a configurable ATR period and multiplier. The expert advisor includes filtering logic to apply the trailing stop only to
PSAR Trailing Stop is a management utility for MetaTrader 4 and 5 that automates the adjustment of stop-loss levels for open positions. Instead of manual movement, it follows the Parabolic SAR indicator values to lock in profits or minimize losses as a trend progresses. The software includes filtering options to target
This expert advisor is a utility for MetaTrader 4 and MetaTrader 5 designed to manage stop-loss levels for existing trades. It utilizes Bill Williams' Fractals indicator to dynamically adjust the stop loss as new fractal points form on the chart. Users can configure the number of bars to scan and specify which fractal
This visual trade management utility for MetaTrader 5 assists manual traders with order execution and risk management. It features interactive chart lines for entry, stop loss, and take profit levels, allowing for drag-and-drop price adjustments. The system automatically calculates position sizes based on a defined per
Need a Broker for MT5?
Compare regulated brokers that support MetaTrader, with spreads, minimum deposits and leverage side by side.
Compare brokers