A prop firm risk manager you can't switch off mid-challenge.

One bad day ends the challenge

Prop firm rules don't care how good your month was. Break the daily loss limit once and the challenge or funded account is gone. And it usually happens after a normal loss, not during one planned trade: a quick second trade, a bit bigger, then a third, while the open losses keep growing.

That's the problem RavandFX solves. You set your limits below the firm's, once, while you're calm. They are locked into your licence, so in the middle of a bad day you can't switch them off.

How RavandFX protects a prop account

• Your daily loss limit covers the whole account. Closed trades and the floating profit or loss of every open position count, on every symbol, whatever opened them.
• At the limit, everything is closed. Every position on the account is closed, pending orders are deleted, and any new trade is closed until the day resets.
• Every trade is sized from your risk. The lot size comes from your locked risk per trade and is capped by your balance.
• Trades outside the panel can't sneak past. A trade opened from the phone app or one-click buttons is closed after 30 seconds if it has no stop, risks more than your rule or is bigger than your lot cap.
• Overtrading stops at the cap. A position beyond your daily trade allowance is closed at once.
• A pause after every trade. Any trade opened during the pause is closed, which breaks the revenge-trading chain.
• Nothing resets by accident. A restart, a re-attach or a deleted variable doesn't clear the day; it is rebuilt from your account history.

A setup for a $100,000 challenge

Example for a two-step challenge with a 5% daily limit and a 10% maximum loss:

Rule in RavandFX	Setting	Why
Risk per trade	0.5%	20 losses before the maximum loss
Daily loss limit	2%	Less than half the firm's 5%
Daily profit target	3%	Stops you giving back a great day
Trades per day	3	Bad days stay small
Pause after each trade	15 minutes	Time to reset before the next decision
Stop-loss lock	On	No dragging a stop to "give it room"

The guide how to pass a prop firm challenge explains the math behind these numbers.

How RavandFX counts the day, and how your firm does

RavandFX measures the day from your balance before the day's first trade, adds closed and floating profit and loss, and for a position carried over midnight counts only the move since the reset. The day resets at 00:00 your broker's server time.

Firms differ. FTMO, for example, sets the limit from the balance recorded at midnight CE(S)T and checks it against equity; FundedNext adds the day's profit to the room left. See the prop firm daily loss limit guide for details. Because of these differences, and because a close-out can slip on a fast move, keep your RavandFX limit well below your firm's, and check that your broker's server midnight matches the firm's reset.

Being honest about the limits

• RavandFX has no separate overall drawdown limit. The daily limits keep you far from it, but track it yourself.
• It works while it runs. Use a VPS so it keeps protecting the account when your computer is off.
• It can't prevent slippage or gaps.
• Firm rules change. Always read your firm's current rules, including any on Expert Advisors.

Moving between phases

Your licence is tied to one MetaTrader 5 account. When you pass a phase and get a new account number, move the licence from your licence page, up to twice every 30 days. Your rules move with it.

Try it before the next challenge

Set up your prop rules in the free simulator and try to break them. Then start the 3-day free trial on a demo account and trade a few days with the exact settings you'll use in the challenge.