Correlation Risk Manager
This Risk Manager is used in the ADX, MACD, and Turtle built-in systems to limit the maximum number of correlated units.
| • | Max Closely Correlated Markets - Sets the max number of units the system can have on in closely correlated markets |
| • | Maximum Loosely Correlated Markets - Sets the max number of units the system can have on in loosely correlated markets |
| • | Max Directional Units - Sets the max number of units the system can have on in each direction, Long or Short. |
Total Risk Limiter
This risk manager allows you to select a maximum amount of risk you want at any given time, and then a method of reducing positions if your risk is too great. If you choose "Reduce Positions" this block will sell a portion of your units to reduce to below the maximum. If you select "Move Stops" the system will set new stops based on the maximum risk and place orders accordingly.
Unit Limiter
This block allows you to disallow the buying of a unit if there are too many correlated markets with open positions. You can set or step the values for the maximum closely and loosely correlated markets.
