Premium Trade Manager v1.3 is out. The update is a free upgrade for every owner and arrives through the normal MetaTrader update channel.
At its core is a new tab in the panel: PROP. A prop challenge rarely fails because someone doesn't know the rule. It fails because the number gets worked out in your head, mid-trade, under pressure, often against the wrong anchor. The PROP tab runs that math live for you and shows you the distance to every limit before it turns into a problem.
New in v1.3
- Live compliance bars: daily limit, max drawdown and, in eval mode, the profit target as bars with a percentage distance, fed from your real account-balance movement. Green while there is room, amber as a warning, red at the limit.
- Hard block at the limit: reach the hard daily limit or the max drawdown and the EXECUTE pill turns to "BLOCKED · DAILY DD" or "BLOCKED · MAX DD". The order that would knock you out does not go through. Premium Trade Manager closes nothing on its own, it only prevents the trade that breaches the limit.
- Nine forex prop firms: FTMO, FundedNext, FundingPips, The 5%ers, The Funded Trader, Alpha Capital, E8 Markets, Goat Funded Trader and MyForex. Every program for each firm, every account size for each program.
- Every firm with its real rules: some measure max drawdown statically against the starting balance, others trail it behind the equity high. The drawdown bar shows it the way your firm does. The profit target applies only in the eval phase, the minimum-trading-days counter runs alongside.
- Eval/Funded switch: one click swaps in the rules that apply to each phase. Eval shows the profit target and trading days, Funded emphasizes drawdown protection.
- Hot update of the rules: if a firm changes a limit, the panel pulls the correction over a secured channel, without you needing an EA update.
How to set up a prop account
- Update Premium Trade Manager in MetaTrader (right-click the EA in the Navigator, or let MetaTrader pull the update automatically).
- Open the panel settings and switch to the "Premium" tab.
- Pick your prop firm under "Firm". "Program" then fills with that firm's programs, and "Account" with the account sizes.
- Once the selection is set, the PROP tab appears at the top with your live bars.
- In the PROP tab, switch between Eval and Funded at the top right, depending on which phase you are in.
Price
v1.3 is free for every owner. For traders just joining, the founders price is $79 and rises to $95 on May 31. Founders keep the tool and all future updates at their purchase price.
Links
Product page with interactive demo: https://stein.investments/products/premium-trade-manager
MQL5 Market listing: https://www.mql5.com/en/market/product/176559
Feedback on the PROP tab, your firm and the programs covered is welcome in this thread.