Overview
Prop Agency Threat Safety is an built-in threat administration system designed to robotically implement every day loss and most drawdown limits. It repeatedly screens the account Fairness in actual time and takes rapid motion if a configured restrict is reached.
This technique helps shield the account and ensures compliance with strict threat guidelines generally utilized by proprietary buying and selling companies. All calculations are primarily based on Fairness, not Steadiness. This implies floating revenue and loss from open trades is included. The system works absolutely robotically and doesn’t require guide intervention.
How the Safety Works
The system screens two impartial limits:
1. Every day Loss Restrict
2. Whole Drawdown Restrict
If both restrict is reached:
All open positions are instantly closed.
All pending orders are eliminated.
Buying and selling is paused till the following day.
Buying and selling resumes robotically after the every day reset.
No restart is required.
Every day Loss Restrict % (0 = Off)
Defines the utmost allowed loss throughout a single day.
Worth is expressed as a share.
Instance:
5.0 = most allowed every day loss is 5%
0.0 = disabled
The every day restrict is calculated utilizing certainly one of two modes:
Strict Mode
Loss restrict is predicated on the Preliminary Steadiness.
Relative Mode
Loss restrict is predicated on the steadiness in the beginning of the present day.
This habits is managed by the Strict Mode setting.
The every day restrict resets robotically in the beginning of every new day.
Whole Drawdown Restrict % (0 = Off)
Defines the utmost allowed drawdown from the Preliminary Steadiness.
Instance:
10.0 = most allowed whole loss is 10%
0.0 = disabled
This restrict protects your entire account and doesn’t reset every day.
If Fairness falls under the allowed degree, safety is triggered instantly.
Preliminary Steadiness (0 = Auto)
Defines the Preliminary Steadiness used for drawdown calculations.
If set to 0.0
The system robotically makes use of the account steadiness at first launch.
If set to a hard and fast worth
The system all the time makes use of that worth for threat calculations.
Instance:
If account measurement is 10000, set Preliminary Steadiness to 10000.
That is really helpful for prop agency accounts.
Strict Mode: Preliminary Steadiness / Every day Steadiness
Controls how the Every day Loss Restrict is calculated.
Strict Mode = true
Every day loss restrict is calculated from the Preliminary Steadiness.
This matches strict prop agency threat fashions.
Relative Mode = false
Every day loss restrict is calculated from the steadiness in the beginning of the present day.
This enables the loss restrict to develop because the account grows.
Strict Mode is really helpful for prop agency compliance.
Relative Mode is extra versatile and appropriate for private accounts.
Every day Reset Time Offset (UTC)
Defines when a brand new buying and selling day begins.
Instance:
1 = CET (winter)
2 = CEST (summer season)
This impacts when the Every day Loss Restrict resets.
Set based on your prop agency’s timezone.
Shut All Trades on Restrict
Defines which trades are closed when a restrict is reached.
true
All trades on the account are closed, together with:
Guide trades
Trades from different Skilled Advisors
Trades on different symbols
false
Solely trades opened by this EA are closed.
For prop agency compliance, true is really helpful.
Present Safety Standing Logs
Controls whether or not safety messages are proven within the terminal Journal.
true
Shows standing messages resembling:
New day baseline
Drawdown utilization
Safety activation
false
Safety nonetheless works, however no messages are proven.
Essential Notes
Safety is predicated on Fairness, not Steadiness.
This implies floating losses are included.
Safety works in actual time.
Safety continues working after terminal restart or VPS reboot.
Safety doesn’t intervene with buying and selling until limits are reached.
Instance Configuration for Prop Agency Account
Every day Loss Restrict % (0 = Off) = 5.0
Whole Drawdown Restrict % (0 = Off) = 10.0
Preliminary Steadiness (0 = Auto) = 10000
Strict Mode: Preliminary Steadiness / Every day Steadiness = true
Every day Reset Time Offset (UTC) = 1
Shut All Trades on Restrict = true
Present Safety Standing Logs = true
Instance Configuration for Private Buying and selling
Every day Loss Restrict % (0 = Off) = 5.0
Whole Drawdown Restrict % (0 = Off) = 20.0
Preliminary Steadiness (0 = Auto) = 0.0
Strict Mode: Preliminary Steadiness / Every day Steadiness = false
Every day Reset Time Offset (UTC) = 1
Shut All Trades on Restrict = true
Present Safety Standing Logs = true
Continuously Requested Questions (FAQ)
Q: Why had been my trades closed despite the fact that my account steadiness is excessive?
As a result of the loss restrict was reached primarily based on Fairness. Safety makes use of Fairness, not Steadiness.
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Q: What’s the distinction between Strict Mode and Relative Mode?
Strict Mode makes use of the Preliminary Steadiness to calculate every day loss limits.
Relative Mode makes use of the steadiness in the beginning of the present day.
Strict Mode supplies mounted safety.
Relative Mode supplies adaptive safety.
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Q: Which mode ought to I take advantage of for prop agency accounts?
Strict Mode is really helpful for prop agency accounts.
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Q: Will buying and selling resume robotically?
Sure. Buying and selling resumes robotically after the every day reset.
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Q: Does safety work after terminal restart?
Sure. Safety state is saved and restored robotically.
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Q: Can I disable safety fully?
Sure. Set each limits to 0.0
Every day Loss Restrict % (0 = Off) = 0.0
Whole Drawdown Restrict % (0 = Off) = 0.0
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Q: Will it shut trades opened manually or by different EAs?
If Shut All Trades on Restrict = true, sure.
If set to false, solely this EA’s trades are closed.
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Q: Why do I see unfavourable drawdown share in logs?
Detrimental values point out revenue, not loss.
That is regular.
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Q: Does safety decelerate buying and selling?
No. Safety runs effectively and doesn’t have an effect on efficiency.
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Q: Is this method secure to make use of with prop agency accounts?
Sure. It’s designed particularly to implement strict threat limits robotically.
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Finish of Information