{"id":709,"date":"2026-03-26T13:49:35","date_gmt":"2026-03-26T13:49:35","guid":{"rendered":"https:\/\/www.myfxbook.com\/help\/?post_type=ht_kb&p=709"},"modified":"2026-04-09T13:43:31","modified_gmt":"2026-04-09T13:43:31","slug":"prop-shield","status":"publish","type":"ht_kb","link":"https:\/\/www.myfxbook.com\/help\/knowledge-base\/prop-shield\/","title":{"rendered":"Prop Shield"},"content":{"rendered":"\n
\n

Prop Shield is a monitoring layer for prop trading accounts inside Myfxbook. It lets users define the rules of a prop challenge or funded account and then follows those rules automatically from one dashboard.<\/p>\n\n\n\n

Instead of manually calculating daily loss, maximum drawdown, trading day requirements, or profit targets, users can see their current status at a glance and receive early warning when they are getting close to a limit.<\/p>\n\n\n\n

\n

Live Update support:<\/strong> If the account is connected with Live Update, Prop Shield updates the tracked rules live as the account changes. This is especially useful for equity-based rules, floating drawdown, and intraday loss limits.<\/p>\n<\/blockquote>\n\n\n\n

Prop Shield dashboard overview<\/h2>\n\n\n\n

The dashboard shows one card for each active rule. Each card displays the current progress, the target or limit, and whether the account is currently passing or failing that rule.<\/p>\n\n\n\n

\"Prop
The Prop Shield settings panel where rules can be enabled, adjusted, and saved.<\/figcaption><\/figure>\n\n\n\n

What each card shows<\/h3>\n\n\n\n
    \n
  • The rule name<\/li>\n\n\n\n
  • The current measured value<\/li>\n\n\n\n
  • The configured target or limit<\/li>\n\n\n\n
  • A visual progress ring<\/li>\n\n\n\n
  • A pass or fail status<\/li>\n<\/ul>\n\n\n\n

    Status meanings<\/h3>\n\n\n\n
      \n
    • Pass<\/strong> = the rule is currently satisfied<\/li>\n\n\n\n
    • Fail<\/strong> = the rule has been violated or has not been met<\/li>\n\n\n\n
    • Warning<\/strong> = the account is getting close to a configured limit<\/li>\n<\/ul>\n\n\n\n

      Settings and configuration<\/h2>\n\n\n\n
      \"Prop
      Example of the Prop Shield rule cards on the account overview screen.<\/figcaption><\/figure>\n\n\n\n

      Prop Shield is fully configurable, so users can match the exact rules of their prop firm account or challenge.<\/p>\n\n\n\n

      Each rule can be enabled or disabled using the toggle on the left. Numeric values are adjusted with the slider or the input field. Some rules also include a tracking method, such as trailing drawdown or balance versus equity mode.<\/p>\n\n\n\n

      Common setting controls<\/h3>\n\n\n\n
        \n
      • Toggle:<\/strong> turns a rule on or off<\/li>\n\n\n\n
      • Slider:<\/strong> adjusts the rule value quickly<\/li>\n\n\n\n
      • Input box:<\/strong> enters an exact value manually<\/li>\n\n\n\n
      • Dropdown:<\/strong> selects a calculation mode<\/li>\n<\/ul>\n\n\n\n

        Thresholds<\/h3>\n\n\n\n
          \n
        • Warning:<\/strong> early alert before reaching a limit<\/li>\n\n\n\n
        • Critical:<\/strong> stronger alert when very close to a breach<\/li>\n<\/ul>\n\n\n\n

          Rule reference<\/h2>\n\n\n\n

          Trading Days<\/h3>\n\n\n\n

          This rule tracks the minimum number of trading days required by the prop firm. A trading day is usually counted as a day with at least one closed or qualifying trade, depending on the firm\u2019s rules.<\/p>\n\n\n\n

            \n
          • Use this when the prop firm requires a minimum number of active trading days.<\/li>\n\n\n\n
          • The dashboard shows how many required days have already been completed.<\/li>\n\n\n\n
          • Once the minimum is reached, the rule is marked as passed.<\/li>\n<\/ul>\n\n\n\n

            Daily Loss<\/h3>\n\n\n\n

            This rule tracks the maximum loss allowed in a single trading day. It helps users avoid failing an account because of one bad session.<\/p>\n\n\n\n

              \n
            • Can be monitored with warnings before the limit is reached.<\/li>\n\n\n\n
            • Useful for both challenge and funded account stages.<\/li>\n\n\n\n
            • When Live Update is enabled, daily loss can be followed as conditions change during the day.<\/li>\n<\/ul>\n\n\n\n

              Max Loss<\/h3>\n\n\n\n

              This is the overall drawdown limit for the account. It defines how much the account can lose before the rule is breached.<\/p>\n\n\n\n

                \n
              • Static:<\/strong> based on a fixed starting reference.<\/li>\n\n\n\n
              • Trailing:<\/strong> moves upward as the account reaches new highs.<\/li>\n\n\n\n
              • Trailing drawdown is especially important to monitor live because the limit can change as equity grows.<\/li>\n<\/ul>\n\n\n\n

                Profit Target<\/h3>\n\n\n\n

                This rule tracks the amount of profit required to complete the challenge or objective. The target may be based on balance or equity, depending on the selected mode.<\/p>\n\n\n\n

                  \n
                • Use the dropdown to choose how the target is measured.<\/li>\n\n\n\n
                • The dashboard shows percentage progress toward completion.<\/li>\n\n\n\n
                • When the target is reached, the rule is marked as passed.<\/li>\n<\/ul>\n\n\n\n

                  Consistency<\/h3>\n\n\n\n

                  Some prop firms require profits to be distributed consistently rather than generated from a single outsized trade or a very short burst of activity.<\/p>\n\n\n\n

                    \n
                  • This rule helps users monitor whether their results remain within the expected consistency guidelines.<\/li>\n\n\n\n
                  • Warning and critical thresholds can be used to notify users when they are approaching a consistency issue.<\/li>\n<\/ul>\n\n\n\n

                    How Live Update works<\/h2>\n\n\n\n

                    When an account is connected with Live Update<\/strong>, Prop Shield refreshes the rule tracking automatically as the account changes. This gives users a near real-time view of where they stand during active trading.<\/p>\n\n\n\n

                      \n
                    • Balance and equity changes<\/li>\n\n\n\n
                    • Floating profit and loss<\/li>\n\n\n\n
                    • Progress toward profit target<\/li>\n\n\n\n
                    • Drawdown and loss thresholds<\/li>\n<\/ul>\n\n\n\n

                      Best practices<\/h2>\n\n\n\n
                        \n
                      • Configure Prop Shield to match the exact rules of the prop firm before trading.<\/li>\n\n\n\n
                      • Enable warning and critical thresholds on loss-based rules.<\/li>\n\n\n\n
                      • Use Live Update for accounts where floating drawdown matters.<\/li>\n\n\n\n
                      • Review the dashboard regularly during the trading day.<\/li>\n\n\n\n
                      • Double-check whether the firm measures targets by balance or equity and set the same mode in Prop Shield.<\/li>\n<\/ul>\n\n\n\n

                        How to set up Prop Shield?<\/h2>\n\n\n\n
                          \n
                        • When adding a new account, select ‘Prop Shield’:\"\"<\/li>\n\n\n\n
                        • With an existing account, you can turn on the Prop Shield in the settings of the account:\"\"<\/li>\n\n<\/ul>\n\n\n\n

                          Summary<\/h2>\n\n\n\n

                          Prop Shield is a practical safety layer for prop traders. It turns challenge rules into clear, visual tracking so users can focus on trading while still staying within account limits.<\/p>\n\n\n\n

                          With Live Update enabled, the feature becomes even more powerful by showing rule progress in real time as the account changes.<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

                          Prop Shield is a monitoring layer for prop trading accounts inside Myfxbook. It lets users define the rules of a prop challenge or funded account and then follows those rules automatically from one dashboard. Instead of manually calculating daily loss, maximum drawdown, trading day requirements, or profit targets, users can…<\/p>\n","protected":false},"author":5,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"ht-kb-category":[22,56],"ht-kb-tag":[],"class_list":["post-709","ht_kb","type-ht_kb","status-publish","format-standard","hentry","ht_kb_category-statistics","ht_kb_category-features"],"_links":{"self":[{"href":"https:\/\/www.myfxbook.com\/help\/wp-json\/wp\/v2\/ht-kb\/709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myfxbook.com\/help\/wp-json\/wp\/v2\/ht-kb"}],"about":[{"href":"https:\/\/www.myfxbook.com\/help\/wp-json\/wp\/v2\/types\/ht_kb"}],"author":[{"embeddable":true,"href":"https:\/\/www.myfxbook.com\/help\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myfxbook.com\/help\/wp-json\/wp\/v2\/comments?post=709"}],"version-history":[{"count":9,"href":"https:\/\/www.myfxbook.com\/help\/wp-json\/wp\/v2\/ht-kb\/709\/revisions"}],"predecessor-version":[{"id":724,"href":"https:\/\/www.myfxbook.com\/help\/wp-json\/wp\/v2\/ht-kb\/709\/revisions\/724"}],"wp:attachment":[{"href":"https:\/\/www.myfxbook.com\/help\/wp-json\/wp\/v2\/media?parent=709"}],"wp:term":[{"taxonomy":"ht_kb_category","embeddable":true,"href":"https:\/\/www.myfxbook.com\/help\/wp-json\/wp\/v2\/ht-kb-category?post=709"},{"taxonomy":"ht_kb_tag","embeddable":true,"href":"https:\/\/www.myfxbook.com\/help\/wp-json\/wp\/v2\/ht-kb-tag?post=709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}