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What is the Risk Manager?

Updated over 7 months ago

Risk Manager is a module that monitors the alignment of trades on Follower-Accounts with the Master-Account and corrects any discrepancies. The Risk Manager not only synchronizes the volume of open trades but also opens missing trades or closes excessive ones.

Since the execution of orders on exchanges can sometimes experience issues, especially during high volatility, desynchronization between accounts may occur. For example, an order might not be opened or closed partially or fully. The Risk Manager compares orders on Follower-Accounts and aligns them with the Master-Account and the set risk multiplier.

This module is optional and disabled by default but can be activated as needed, either on individual Follower-Accounts or on the Master-Account as a whole.

The frequency of checking and synchronizing orders on accounts is not instantaneous but approximately once every 3-8 minutes. The frequency is limited due to exchange API request rate restrictions.

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