RiskManagement is a session-level guard that blocks entry independently of signal results. It enforces daily caps on profit, loss, drawdown, and trade count. Limits reset automatically on each new trading day.
Namespace: MZpack.NT8.Algo
Inheritance: RiskManagement
Source: [INSTALL PATH]/API/RiskManagement.cs
Properties
Daily Profit Limit
| Property | Type | Default | Description |
|---|
DailyProfitLimitEnable | bool | false | Enable daily profit limit |
DailyProfitLimit | double | — | Maximum daily profit in Currency |
Daily Loss Limit
| Property | Type | Default | Description |
|---|
DailyLossLimitEnable | bool | false | Enable daily loss limit |
DailyLossLimit | double | — | Maximum daily loss in Currency |
Daily Max Drawdown
| Property | Type | Default | Description |
|---|
DailyMaxDrawdownEnable | bool | false | Enable daily max drawdown |
DailyMaxDrawdown | double | — | Maximum drawdown from daily peak in Currency |
Daily Trades Limit
| Property | Type | Default | Description |
|---|
DailyTradesLimitEnable | bool | false | Enable daily trades limit |
DailyTradesLimit | int | — | Maximum number of trades per day |
General
| Property | Type | Default | Description |
|---|
Currency | Currency | UsDollar | Account currency for limit calculations |
EntryName | string | — | Entry name used to count trades |
Methods
| Method | Description |
|---|
IsEnabled() | Returns true if any limit is enabled |
IsRiskReached() | Returns true if any enabled limit has been reached |
OnAccountItemUpdate(Account account, AccountItem item, double value) | Monitors realized and unrealized PnL; closes all positions when a limit is hit |
OnOrderUpdate(Order order, OrderState state) | Increments the daily trade count when an order with matching EntryName is filled |
OnMarketData(DateTime time) | Resets all tracking on a new trading day |
Limit Logic
| Limit | Triggered When |
|---|
| Daily Profit | realizedPnL + unrealizedPnL >= DailyProfitLimit |
| Daily Loss | realizedPnL + unrealizedPnL <= -DailyLossLimit |
| Max Drawdown | CashValue - maxCashValue <= -DailyMaxDrawdown |
| Daily Trades | dailyTrades >= DailyTradesLimit |
When any limit is reached, RiskManagement calls Strategy.Positions.CancelClose(false, "Risk Management", ...) to close all open positions and prevent new entries.
Daily Reset
On each new trading day (detected in OnMarketData), all counters and flags reset:
dailyTrades resets to 0maxCashValue updates to the current cash value- All
reached flags clear
See Also