The useful starting point
A trigger is an instruction to attempt an action. It is not a guaranteed exit price or maximum loss.
Understand the measurement
Drawdown describes a decline from a reference value or peak. A percentage-drawdown trigger and an absolute NAV trigger are different settings: one uses a relative threshold, while the other uses an account value. Always review the precise reference, calculation and account scope shown in the current setup.
For a simple illustration, a 10% decline from a $100,000 reference corresponds to $90,000. That arithmetic alone does not establish how the software treats later peaks, cash movements or monitoring intervals. Those details belong to the actual control definition.
Disconnecting leaves positions in place
The documented Disconnect Strategy action disarms execution, cancels working orders and clears the configuration. Existing positions remain at the broker. Their market value can continue to move after future strategy execution has stopped.
Cancelling a subscription is also different from liquidation. Revoking access to a strategy does not automatically sell its existing holdings. Review positions and open orders separately whenever you stop or change a service.
An account-wide close has a wider effect
Close all positions disarms execution, cancels open orders and attempts to liquidate the connected account. The account scope matters: manually opened positions can be included. Do not assume that it applies only to a single strategy or to orders originating in the software.
An attempt to close can be delayed or rejected. Closed markets, halts, limited liquidity, missing buying power for an order type, connection problems and price gaps can all affect the result. Check actual broker positions and order status after any such action.
Know what happens next
The documented risk stop stays latched off rather than automatically re-arming. That gives you a separate decision point before resuming. Review the cause of the stop, the account state and the current configuration.
Read the MyAlgo guide and risk FAQs before activating. Risk controls can help implement a chosen response, but they do not make a strategy safe or establish that an allocation is appropriate for your circumstances.
