Equity Lock

The Equity Lock engine protects your account by monitoring your equity and closing all positions if it drops below a specified percentage from a locked level.

How It Works

You activate Equity Lock at a specific equity level (e.g., your current equity of $10,000)
You set a drawdown percentage (e.g., 5%)
If your equity drops by that percentage from the locked level, all positions are closed

Example

Current equity: $10,000
You lock equity at $10,000
Drawdown threshold: 5%
Close trigger: $10,000 × 0.95 = $9,500

If your equity drops to $9,500 or below, the engine immediately closes all open positions to prevent further loss.

Configuration

Parameter	Description	Example
Lock Level	The equity value to protect (usually current equity)	$10,000
Drawdown %	Maximum allowed drawdown from the lock level	5%

The close trigger is calculated as:

Close Trigger = Lock Level × (1 − Drawdown% / 100)

Use Cases

Capital Preservation

Lock your starting equity at the beginning of each week. If your equity drops by more than 3%, all positions close and you stop trading for the day.

Prop Firm Rules

Many prop firm challenges have maximum drawdown rules (e.g., 5% max daily drawdown). Set Equity Lock to match these rules so you never violate the firm's limits.

Risk Per Session

Before a trading session, lock your current equity and set a drawdown threshold. This limits your maximum loss for that session.

Setting Up Equity Lock

1
Open Equity Lock settings
Access Equity Lock from the Command Center or the Automation section.
2
Set the lock level
Enter the equity level to lock. By default, this is set to your current equity.
3
Set the drawdown percentage
Enter the maximum percentage drawdown you'll allow (e.g., 5%).
4
Activate
Toggle Equity Lock on. The engine begins monitoring your equity in real-time.

Irreversible action

When Equity Lock triggers, it closes all open positions immediately. This is a protective measure and cannot be undone. The engine then deactivates itself since the lock has been consumed.

Equity Lock vs MTM P&L

Both engines can close all positions, but they monitor different things:

Feature	Equity Lock	MTM P&L
Monitors	Account equity	Floating P&L only
Threshold	Percentage from locked level	Fixed dollar/pip amount
Includes balance	Yes (equity = balance + P&L)	No (P&L only)
Use case	Capital protection, prop firm rules	Daily P&L targets

Use both for maximum protection

You can run Equity Lock and MTM P&L simultaneously. Equity Lock protects your overall capital, while MTM P&L manages your daily P&L targets. Whichever trigger is hit first closes positions.