Kill Switch¶

Emergency position close procedures.

Triggers¶

Kill switch activates automatically when:

Manual Activation¶

Via Trading Platform¶

1. Open MT5/exchange
2. Close all positions
3. Cancel pending orders
4. Disable EAs/bots

Via Webhook¶

Send to kill switch endpoint:

{
  "action": "KILL_SWITCH",
  "reason": "Manual activation",
  "timestamp": "2024-01-15T10:30:00Z"
}

Via Claude Code¶

/kill-switch  # If skill exists

Post-Activation¶

1. Verify all positions closed
2. Document reason and state
3. Review what triggered it
4. Analyze root cause
5. Decide on restart criteria

Restart Criteria¶

Before restarting:

• Root cause identified
• Fix implemented (if applicable)
• Risk limits reviewed
• Waiting period complete (24h minimum for P1)
• Stakeholder approval

Testing¶

Test kill switch monthly:

1. Paper trading mode
2. Trigger manually
3. Verify all actions
4. Document results

Configuration¶

# config/risk_limits.yaml
kill_switch:
  enabled: true
  daily_loss_trigger: 3.0      # %
  total_drawdown_trigger: 6.0  # %
  consecutive_loss_limit: 5
  connection_timeout: 60       # seconds
  spread_anomaly_mult: 5.0