Overall Risk Mangement
The Overall Stop-Loss/Target feature in Quantplay provides strategy-level risk management by allowing users to automatically close the entire strategy when the overall profit and loss (PnL) reaches a specified level. This helps protect against significant losses or lock in profits for the strategy as a whole.
How to Set Up Overall Stop-Loss/Target
Access the Overall Stop-Loss/Target Settings
- Navigate to the settings by clicking the top right corner near the Deploy button on the strategy configuration page.
Configure Strategy-Level Risk Management
- Set Overall Stop-Loss Specify a PnL level where the entire strategy should automatically close if the overall losses reach this threshold.
- Set Overall Target Define a PnL level to automatically exit the strategy once the target profit is achieved.