Risk Management

Available Commitments

1. Consecutive Loss

Maximum order consecutive loss: Maximum number of consecutive losing orders allowed in a day.
Maximum consecutive losses: The maximum number of consecutive losing orders allowed.

2. Loss cool-down

After loss: If an order is closed with a negative result, the system will lock the account for the number of hours selected by the trader. The loss count is always set to 1 by default.

3. Max order limit

Maximum daily orders: The total number of orders allowed to be opened in a day, from 0:00 to 11:59 PM by Server time (UTC+2).
Maximum orders in the same pair: the total number of open orders of the same pair of symbols, this term takes effect after clicking [✓] this Commitment.
Maximum orders at the time: The total number of open orders allowed at the same time.

4. Volume management

This rule applies to both market orders and pending orders.

Trading pair: Select the trading pair you want to apply the volume rule to.
Min lots: The minimum lot size allowed for each order on the selected trading pair.
Max lots: The maximum lot size allowed for each order on the selected trading pair.

5. Pair(s) selection

6. Equity management

Minimum equity: The minimum equity level required for the account.
Maximum equity: The maximum equity level allowed for the account.
Action: Close order. If the account equity goes below the minimum equity or above the maximum equity, the system will close orders.

7. Loss management

Maximum daily loss: The maximum daily loss percentage allowed for the account.
Action: Select the penalty method that will be applied when the account reaches the configured daily loss limit.
Lock account: The system will lock the account for the selected number of hours.
Close order: The system will close orders when the limit is reached.

8. Equity drawdown

Daily equity drawdown: The maximum equity drawdown percentage allowed within the current trading day.
Maximum equity drawdown: The maximum equity drawdown percentage allowed for the account.
Action: Select the penalty method that will be applied when the equity drawdown reaches the configured limit.
Lock account: The system will lock the account for the selected number of hours.
Close order: The system will close orders when the limit is reached.

9. Account's P&L

Maximum account risk: The maximum loss percentage allowed for the account.
Maximum account profit: The maximum profit percentage allowed for the account.
Maximum account risk USD: The maximum loss amount allowed for the account, in USD.
Maximum account profit USD: The maximum profit amount allowed for the account, in USD.
Action: Select the penalty method that will be applied when the account reaches the configured P&L limit.
Lock account: The system will lock the account for the selected number of hours.
Close order: The system will close orders when the limit is reached.

10. Trading session

Blocked trading session: Set a specific time range during which trading is not allowed.
Start day / Start time: The date and time when the blocked trading session begins.
End day / End time: The date and time when the blocked trading session ends.
Action: Block order. If an order is placed during the blocked trading session, the system will reject the order before submission.

11. Economic calendar

Block red news: Prevent trading around high-impact economic news events.
Before news: The number of minutes before the news release when trading will be blocked.
After news: The number of minutes after the news release when trading will remain blocked.
Currency: The affected currency or currencies. If a trading pair contains one of the selected currencies, the rule will apply.
Action: Block order. If an order is placed during the blocked news window, the system will reject the order before submission.

12. Floating drawdown

Daily floating drawdown: The maximum floating drawdown percentage allowed within the current trading day.
Maximum floating drawdown: The maximum floating drawdown percentage allowed for the account.
Action: Select the penalty method that will be applied when the floating drawdown reaches the configured limit.
Lock account: The system will lock the account for the selected number of hours.
Close order: The system will close orders when the limit is reached.

13. Order's P&L

Maximum order risk: The maximum loss percentage allowed for a single order.
Maximum order profit: The maximum profit percentage allowed for a single order.
Maximum order risk USD: The maximum loss amount allowed for a single order, in USD.
Maximum order profit USD: The maximum profit amount allowed for a single order, in USD.
Action: Select the penalty method that will be applied when an order reaches the configured limit.
Lock account: The system will lock the account for the selected number of hours.
Close order: The system will close the order when the limit is reached.

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