Brief Overview

When you set up the strategy two things can quickly cause issues if not controlled properly:

1. Too many open positions, and

2. Unmanaged exposure during global session changes.

This guide explains how to use the Max Open Orders and Order Session Management settings to keep your strategy disciplined, protected, and aligned with the trading environment. You’ll learn how to cap exposure, choose active trading sessions, and decide what happens to open trades when a session ends.

Steps, Instructions & Use-Cases

1. Max Open Orders

This setting controls how many trades your strategy is allowed to keep open at the same time.

How it works:

If your cap is 3 orders, and the strategy already has 3 open positions, any new indicator arriving from the provider will be ignored until a position closes. This ensures you never unintentionally stack risk.

Use-case example:

A user running a short-term strategy on gold may cap open orders at 1 to avoid conflicting setups triggering simultaneously.

2. Order Session Management

This section defines how your strategy behaves around global trading sessions, helping you avoid unnecessary exposure or volatility outside your preferred hours.

2.1 Select Which Sessions to Follow

You can choose:

• All sessions, or

• A specific one (Sydney, Tokyo, London, New York)

The system shows each session’s opening and closing times so you always know when your rules apply.

Use-case example:

A user focused on high-liquidity periods may set the strategy to only follow London and New York sessions.

2.2 Choose What Happens When a Session Ends

When the session you selected closes, the system checks your open trades and applies one of the following behaviors:

Option A — Move Stop Loss to Breakeven

If the trade is in profit at session close, the stop loss automatically moves to the entry price.

Example:

During the London session your gold position is at +10 pips. When London closes, the system shifts your stop loss to the entry price, protecting you from turning a winner into a loser while still allowing upside potential.

Best for:

Users who want protection from out-of-session volatility while preserving opportunities.

Option B — Conditional Closure Based on Profit

Here you set a profit threshold (e.g., 10 pips).

At session close:

• If the trade is above that threshold → remain open

• If below the threshold → close immediately

Example:

Threshold: 10 pips

• Tokyo session ends with trade at +15 pips → stays open

  

• Trade at –5 pips → closes automatically

  

Best for:

Swing or intraday traders who want to eliminate weak positions before a session shift.

Option C — Leave the Position Running

Your trades continue unaffected when the session ends.

No stop-loss movement, no forced closure.

Best for:

Longer-term or trend-following approaches that rely on multi-session continuation.

Common Use-Cases

• Scalping → Max Open Orders = 1, breakeven on session close

• Momentum trading → Follow London + NY, leave positions running

• Risk-sensitive trading → Conditional closure at session end

• Session-based strategies → Only trade Tokyo or only NY, depending on volatility preference

FAQ

1. If sessions overlap, which one applies?

Only the selected session’s closing rule matters.

2. Do pending limit orders count toward Max Open Orders?

Yes.

3. What if I change session settings while trades are open?

New rules apply immediately.

4. What happens to my original stop loss if breakeven is applied?

Breakeven overrides the stop loss by moving it to entry.

5. Does choosing a session limit trading indicators?

No — it only affects what happens at session close, not the arrival of indicators.

Troubleshooting

Trades are not opening even though indicators trigger.

• Check if Max Open Orders is already maxed out.

A trade closed unexpectedly.

• Review whether Conditional Closure was active and your threshold was not met.

Stop loss moved but I did not change it.

• Confirm if Move SL to Breakeven is enabled for the session you selected.

Session times appear off.

• Verify your timezone settings, since session logic follows your local account timezone.

Summary

By using Max Open Orders and Order Session Management, you can define how much exposure your strategy takes on and how it behaves when global markets shift. These two controls bring discipline, risk management, and predictability to your trading — keeping your strategy aligned with your trading style and preferred market conditions.