Risk Management
Create risk plan templates with daily profit and loss limits, max order and position sizes, then assign them to any account or connection in Quantower.
The Risk Management panel lets you define and enforce trading rules across your accounts — automatically. Instead of monitoring positions and P&L by hand, you create a risk plan template that sets hard limits and pairs each limit with an action. Quantower then watches those limits in real time and acts the moment one is breached.
The panel is currently in Beta, so some behaviors may change in upcoming releases.
Opening the Panel
Go to Control Center → Risk Management. The panel opens with one active control at the top:
[+] button for creating a new risk template for further assignment.
Create a Risk Plan Template
A template is the set of rules Quantower will enforce. Click [+] button to open the template editor.
Give the template a name, then work through the Rules list. Each rule has a checkbox — only checked rules are active. Unchecked rules are saved with the template but ignored at runtime, so you can prepare rules without enabling them yet.
Order and Position Limits
These rules cap how much you can trade at any moment. They trigger a hard block — Quantower will refuse the order or prevent the position from opening.
Max order quantity
Maximum size of a single order
Max total orders quantity
Combined size of all orders at once
Max position quantity
Maximum size of a single open position
Max total positions quantity
Combined size of all open positions
Max position quantity by side
Maximum position size on one side (Buy or Sell — select the side from the dropdown)
Max total positions quantity by side
Same as above but across all positions on that side
For the by side rules, use the dropdown next to the value to specify which side the limit applies to.
P&L Limits
These rules watch your realized and unrealized profit and loss throughout the session. Each one has an action — what Quantower does the moment the threshold is crossed.
Day profit limit
Maximum intraday realized profit
Day loss limit
Maximum intraday realized loss
Open profit limit
Maximum unrealized profit across all positions
Open loss limit
Maximum unrealized loss across all positions
Open profit limit by position
Unrealized profit cap per individual position
Open loss limit by position
Unrealized loss cap per individual positio
Account State Limits
These rules monitor your account balance and equity directly.
Max account balance limit
Upper balance ceiling
Min account balance limit
Lower balance floor
Max account equity limit
Upper equity ceiling
Min account equity limit
Lower equity floor
Available Actions
Each P&L and account-state rule has its own action that fires when the limit is hit:
Do nothing — the rule is logged but no automatic trade is placed. Useful for monitoring before you're ready to enforce.
Flatten — Quantower immediately closes all open positions and cancels working orders.
Session Rules
These settings control when trading is allowed and what happens at the end of the session.
Trading time — Define the allowed trading window as a start and end time (e.g., 04:00:00 – 03:00:00). Orders outside this window are blocked.
Auto action — Set a specific time at which Quantower will automatically execute an action (e.g., Flatten at 03:00:00 to clear positions before the session closes).
Data latency, ms — The maximum acceptable delay from your data feed. If latency exceeds this threshold, Quantower can trigger a protective action to prevent trading on stale data.
Lock on Risk Event
When this checkbox is enabled, Quantower locks the template assignment for the selected duration after any rule fires. This prevents the risk plan from being switched mid-session — intentionally or otherwise — immediately after a breach.
Assign the Template to an Account
Once your template is ready, go back to the main panel and click Assign (or the "+" button). The New risk assignment dialog opens with four fields:
Connection — The data/broker connection to apply this template to. Choose a specific connection or leave it as All.
Exchange — Filter by exchange, or leave as All.
Account — The specific trading account, or All to cover every account under the selected connection.
Plan template — Select the template you created.
Click Assign to activate it. The assignment appears in the main list with an Active toggle you can flip without deleting the rule.
Managing Assignments
The main panel table shows all active and inactive assignments at a glance.
Active
Toggle to enable or disable the risk template without deleting it
Connection
The connection this rule applies to
Account
The single account (or All)
Exchange
The single exchange (or All)
Template name
The risk plan template in use
Edit
Open the template re-assignment
Clone
Duplicate the assignment (useful for tweaking a rule for a second account)
Delete
Remove the assignment permanently
Typical Setup for a Prop Trading Account
A common configuration for a funded account looks like this:
Enable Min account balance limit and set the action to Flatten — this protects your drawdown rule automatically.
Enable Day loss limit with Flatten — stops trading once the daily loss ceiling is hit.
Set Trading time to match your permitted session window.
Set Auto action → Flatten a few minutes before session close to ensure a clean exit.
Check Lock template change on risk event so the plan can't be bypassed after a breach.
With the template assigned to All connections and All accounts, every account under that connection inherits the same rules automatically.
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