Trailing vs Static Drawdown: Prop Firm Rules Explained
Static drawdown stays put; trailing drawdown follows your highest equity. How each prop firm limit works, with worked examples and how to stay in.
Ethan Miller · 2026-11-02
New · Live US30 simulator
Learn the method in the Academy, practise it on a live simulated market, then trade it with Candle Decoder on your MetaTrader 5 chart. One platform, one method, built for prop-firm traders.
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The platform
Learn it, practise it, plan it, trade it, then automate it. Every tool on the platform, with the plan it comes with. Most of it is free.
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Candle Decoder for MetaTrader 5
An Expert Advisor for MT5 that draws the levels that matter for the Dow and watches your prop-firm limits while you trade. Works with any broker, on any account size.
Live simulator · New
A simulated US30 that trades in real time, 24 hours a day from Sunday evening to Friday, on a terminal that works like MetaTrader. Everyone gets the same $100K account and the same prop-firm rules, ranked live.
Balance
$100,000
Open P/L
+$371
Daily loss
0% of 5%
The Academy
No hour-long videos. 41 interactive lessons that won't move on until you answer, from your first candle to the full top-down method: daily bias, 1H structure, 5M entry. 85% of it is free, forever.
The thin lines above and below the body are called the wicks.
Correct · +15 XP
Answer your way through — XP, streaks, and a leaderboard.
AI trading bot · Coming soon
We're building a bot that runs the Candle Decoder method end to end: bias, structure and entry, with the same prop-firm limits as Prop Guard. It will only ship once its record is public, the way every setup is.
A preview of the design, not a live product. No results are claimed.
Why traders trust it
Each day's setup goes into a public archive with what happened next, wins and losses alike.
See the archiveWe don't sell signals or quote win rates. You get the reasoning, and you decide.
Prop rules are built into the simulator and the EA, and risk is lesson one of the method.
Read lesson onePlans
Most of the Academy, the live simulator, the free tools and the MT5 tool's free version are free forever. Pro protects your prop account with Prop Guard. Elite gets our US30 setup, live, before New York opens, and every past one is public.
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No card. The MT5 tool needs a free account.
This plan includes:
Pro
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Everything in Free, plus:
Elite
For traders who want our read, live, every morning.
Founding price for the first 50 members · kept on renewals
Everything in Pro, plus:
“Soon” features reach members first as they launch · Prices in USD · See every past setup
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Static drawdown stays put; trailing drawdown follows your highest equity. How each prop firm limit works, with worked examples and how to stay in.
Ethan Miller · 2026-11-02
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Questions