Nirvana prop controler

This indicator is designed for traders operating under the strict rules of prop accounts who need transparent monitoring of risk and limits. The tool is informational only, does not interfere with your trades, and helps you stay focused on analysis and executing your trading plan.

Key features

• Monitor daily and overall drawdown: Precisely calculates and displays limits and current values in a clear on-chart panel, so you always know how close you are to defined thresholds.
• Built with prop rules in mind: It’s a pure indicator/alert and does not open, close, or manage positions. No interference with manual trading or Expert Advisors (EA), and usable even on platforms where EAs are not allowed.
• Entry, Stop Loss (SL), and Take Profit (TP) levels: Based on your parameters (risk per trade and R:R ratio), calculated levels are clearly shown on the chart. You can also review these levels and alerts on historical data.
• Clean, professional chart: Key information is organized in a tidy, collapsible panel beside your chart to keep decision-making in focus.
• Risk control at a glance: Set risk per trade and risk/reward ratio, and compute position size based on your inputs. Key numbers (SL/TP distances, position size, etc.) are presented transparently.
• Smart notifications: Receive desktop/mobile notifications for predefined conditions (e.g., a signal per your rules or SL/TP reached). No need to sit in front of the chart all the time.
• Multi-chart usage: Run the indicator on multiple symbols and timeframes simultaneously without interference.
• No trade interference: The tool only displays information and alerts; trade management remains with you or your chosen EA.

Configurable parameters

• Daily and overall drawdown limits (percentage or value)
• Risk per trade and risk/reward ratio (R:R)
• Position size calculation method and rounding options
• Notification type and intensity (push, alert, etc.)
• Panel appearance (colors, font size, visible sections)

Important notes

• Prop firm rules vary; please adjust the indicator settings according to your account’s rules.
• Past results or tests on historical data do not guarantee future outcomes. Test on a demo account before using on a live account.

Disclaimer
This product does not guarantee profits and does not promise performance, passing challenges, or any specific outcome. Its purpose is solely to display information and provide alerts. Decisions and risk management are entirely the user’s responsibility.

Mt4 :
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