Risk Manager

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A Risk Manager block is used for filtering entry trades based on risk thresholds, adjusting stops, and reducing or exiting positions if necessary to reduce overall portfolio risk. It includes the following scripts:

Block Type	Script Type	Day	Instrument	Position	Called When

Risk Manager
	Before Test				start of test
	Initialize Risk Management	=			end of day
	Compute Instrument Risk			=	end of day
	Compute Risk Adjustment	=			end of day
	Adjust Instrument Risk			=	end of day
	Can Add Unit		called by broker when for entry orders
	Can Fill Order		called as order is about to be filled

NOTE: As indicated above, the instrument-specific scripts associated with the Risk Manager loop over instruments with existing positions. They do not loop over instruments that are out of the market.

The Can Add Unit and Can Fill Orders scripts can be added to any block. In this way multiple blocks can process these scripts to determine if an order can be placed or filled.