Risk Management

TradeBridge includes advanced, local risk management features designed to protect your evaluation and funded prop firm accounts. Safety rules are evaluated locally in real-time, executing checks before order replication.

Safety Parameters

You can configure these limits individually for each follower account inside the **Account Settings** panel in the Control Center:

  • Daily Max Loss: A positive currency amount (e.g., 500). If your daily realized and unrealized P&L drops to -$500 or worse, TradeBridge triggers your configured Hard Limit Action. Set to 0 to disable.
  • Daily Profit: A positive currency profit target (e.g., 1000). If your daily profit reaches this value (including open P&L), TradeBridge locks the account and disables copying to lock in your gains. Set to 0 to disable.
  • Daily DD Limit (Daily Trailing Drawdown Limit): The trailing drawdown threshold in your account currency. The copier monitors equity dynamically using the high watermark:
    • High Watermark: TradeBridge continuously tracks the peak net liquidation (including open P&L) reached by the follower account during the current trading session.
    • Trailing Floor: The risk floor is calculated dynamically: Floor = High Watermark - Daily DD Limit.
    • Breach Execution: If the live net liquidation drops to or below this dynamic floor, TradeBridge executes the configured Hard Limit Action.
    • Set to 0 to disable. Recommended setup is to place the limit about 5% inside your actual prop firm trailing boundary to account for platform reporting latency.
  • Contract Limit: A hard contract exposure cap written in mini-contract equivalents. Entry or position-increase orders are blocked or scaled down before projected exposure can exceed this limit.
    Example equivalents: 1 NQ = 1.0, 10 MNQ = 1.0, 5 MNQ = 0.5. Set to 0 to disable.
  • Min Net Liq Floor (Minimum Net Liquidation Floor): An absolute live Net Liquidation floor (e.g., $48,500 on a $50K account). If your account equity falls to this level or lower at any time, TradeBridge triggers the configured Hard Limit Action locally. Set to 0 to disable.
  • Risk Warning Buffer: Currency distance before a hard daily loss or trailing drawdown breach (e.g., set to 200. With a $1,000 max loss, the account enters the warning zone and triggers the Near Limit Action when daily P&L reaches -$800). Set to 0 to disable.
  • Max Open Positions: The maximum number of separate instruments/positions that can be open at the same time. Set to 0 to disable.

Min Net Liq Floor vs. Daily Trailing Drawdown: The trailing drawdown limit tracks your peak unrealized equity and adjusts the floor upward as your account grows. The **Min Net Liq Floor** is a static, absolute floor. We highly recommend using both: the trailing drawdown protects your open equity gains, while the Net Liquidation Floor provides a hard, unbreakable safety net for your prop firm account.

Unlock Account Button

If an account breaches a daily loss limit, daily profit target, or liquidation floor, the copier will lock the account and disable copying to prevent further losses. Once you resolve the issue, reset your stats, or choose to continue, you can click the Unlock Account button next to the follower settings to re-enable copying.

The 4-Level Risk Action Ladder

TradeBridge allows you to customize exactly what happens when a safety rule is breached. Rather than just flattening, you can select from four levels of protection for both **Near Limit Action** and **Hard Limit Action**:

Level Action Description
Level 1 WarnOnly Logs a warning message and triggers a sound/UI alert. Copying continues. Use for testing buffers.
Level 2 DisableOnly Disables the copying engine for new trades. Open positions are left active and must be managed manually.
Level 3 CancelOrders Disables copying and cancels any working pending orders (brackets/limits). Open positions are left active.
Level 4 FlattenAndDisable Disables copying, cancels all pending orders, and flattens all open positions on the account immediately. This is the default action for hard breaches.

Advanced Session & News Filters

TradeBridge now provides institutional-grade session locks and event-driven protection filters to prevent catastrophic losses around market close or news releases:

  • Max Daily Trades: Limits the total number of entry trades allowed for the day (e.g., 5). Once the count of entries from a flat position reaches this limit, new entries are blocked. The counter resets automatically at your daily reset time. Set to 0 to disable.
  • Time-Lock Window (EST): Restricts entry order copying to a specific time range (e.g., 09:30 to 16:00 New York time). Any leader entry executed outside this window is ignored for followers. Working protective exits and order adjustments (SL/TP) are never blocked.
  • Friday Auto-Flatten (EST): Automatically flattens open positions and cancels working orders on Friday afternoon at a specific time (e.g., 16:55 New York time) to protect accounts from weekend market gaps and overnight fees.
  • Economic News Filter: Downloads calendar events and normalizes release times internally, then blocks copied entries within a buffer period (e.g., 2 minutes before and after the release).
    • Auto-Flatten Before News: If enabled, active positions are flattened before the news release based on your configured buffer.
    • Automatic Recovery: Once the news window passes, the news lock clears automatically. Other account locks or breached risk limits still remain in effect.

Emergency Stop Loss (Emergency SL)

The Emergency SL settings act as a backup protective stop for orphan or unprotected positions (e.g. if the leader has no stop loss set, or if communication fails). Note: This is a backup only and does not replace normal copied SL/TP brackets. The copier waits briefly so copied brackets can arrive first.

  • Emergency SL Enabled (Toggle): Turns on the backup local protective stop.
  • Emergency SL Risk $: Optional risk-based stop distance in dollars.
    Formula: stop ticks = Risk $ / (position quantity * symbol tick value). Set to 0 to use Emergency SL Ticks exactly.
  • Emergency SL Ticks: Fallback stop distance in ticks. Used when Emergency SL Risk $ is 0 or the copier cannot read the symbol tick value from the platform.

Emergency Override Controls

The top toolbar of the TradeBridge Control Center includes global override controls for urgent intervention:

  1. Stop Copying: Deactivates the copying engine so no new leader orders are copied.
  2. Cancel All Orders: Sends cancel requests for working follower orders across connected runtimes.
  3. Flatten All: Sends flatten requests for open follower positions across connected NinjaTrader 8 and Quantower runtimes.