Prop Firm Manager
Overview
Complete management system for proprietary trading firm challenges and funded accounts. Track rules, prevent violations, and maximize your chances of passing challenges.
Supported Prop Firms
- FTMO
- MyForexFunds
- The Funded Trader
- True Forex Funds
- Funded Next
- E8 Funding
- Topstep
- Custom (configure your own rules)
Features
📊 Challenge Tracker
- Track progress toward profit target
- Days remaining in challenge
- Current phase (Challenge / Verification / Funded)
- Pass probability based on current performance
🛡️ Rule Enforcer
Automatically prevents trades that would violate:
- Daily Loss Limit - Blocks trades when approaching limit
- Max Drawdown - Stops all trading at drawdown threshold
- Lot Size Limits - Ensures position sizes are within rules
- Weekend Holding - Warns/closes positions before weekend
- News Trading Ban - Blocks trades during high-impact news
📈 Consistency Rules
Many prop firms require consistent trading:
- No single day > 30-50% of total profit
- Minimum trading days
- No martingale/grid strategies
- Tracks and alerts on consistency violations
🚫 News Blocker
- Integrates with ForexFactory, Investing.com calendars
- Configurable buffer time (e.g., no trading 15min before/after)
- Filter by impact level (High/Medium/Low)
- Per-currency filtering
💰 Profit Calculator
- Daily P&L tracking
- Projected days to target
- Break-even analysis
- Payout schedule calculator
📱 Alerts
- Approaching daily loss limit (80%, 90%, 95%)
- Drawdown warnings
- News event reminders
- Challenge deadline approaching
- Target reached celebration!
Configuration
prop_firm_manager:
firm: "ftmo" # or custom
account_size: 100000
phase: "challenge" # challenge, verification, funded
rules:
daily_loss_limit: 5 # percent
max_drawdown: 10 # percent
profit_target: 10 # percent (challenge phase)
min_trading_days: 4
max_position_size: 10 # lots
weekend_holding: false
news_trading: false
news_filter:
impact: ["high"]
buffer_minutes: 15
currencies: ["USD", "EUR", "GBP", "JPY"]
alerts:
telegram: true
email: false
sound: true
consistency:
max_daily_profit_pct: 40 # no single day > 40% of target
min_trades_per_day: 0
max_trades_per_day: 20
Commands
Setup
prop setup ftmo 100k challenge
prop setup custom --daily-loss=5 --max-dd=10 --target=8
Status
prop status # Show current challenge status
prop rules # Show active rules
prop pnl # Today's P&L vs limits
prop calendar # Upcoming news events
Safety
prop pause # Pause all trading
prop resume # Resume trading
prop close-all # Emergency close all positions
Analysis
prop consistency # Check consistency metrics
prop projection # Days to target at current rate
prop report # Full challenge report
Integration with K.I.T.
When enabled, the prop firm manager:
- Intercepts all trade requests
- Validates against current rules
- Blocks violations with explanation
- Logs all decisions for audit
Example
You: "Buy 5 lots EUR/USD"
K.I.T.: "⚠️ Trade blocked by Prop Firm Manager:
- Current daily loss: -3.8%
- Daily limit: -5%
- This trade risks exceeding limit
Recommendation: Reduce to 2 lots or wait for tomorrow."
Best Practices
- Set conservative limits - Use 80% of actual limits as your K.I.T. limits
- Enable news blocker - Most challenge failures happen during news
- Monitor consistency - Don't get lucky on day 1 then fail consistency
- Use projections - Don't rush, slow and steady wins
Prop Firm Presets
FTMO Classic
- Daily Loss: 5%
- Max Drawdown: 10%
- Profit Target: 10% (Challenge), 5% (Verification)
- Min Days: 4
- No news trading required (but recommended)
MyForexFunds
- Daily Loss: 5%
- Max Drawdown: 12%
- Profit Target: 8%
- Consistency rule: No day > 50% of profit
The Funded Trader
- Daily Loss: 6%
- Max Drawdown: 12%
- Profit Target: 10%
- Weekend holding allowed
"Pass your challenge, keep your funded account."