Drawdown & Loss Monitor & Block

Weekly Loss Cap

Tracks weekly realized losses and pauses trading when the cap is hit.

How It Works

PipsGuard tracks your cumulative realized losses for the current trading week. When your weekly losses reach the configured cap, trading is paused — you literally cannot open new positions until the next week starts.

Optionally includes floating losses in the calculation and can auto-close all positions on breach. The weekly counter resets automatically on your configured start day.

Configuration

Parameter	Default	Description
max_weekly_loss_percent	5.0%	Maximum weekly loss as % of balance
include_floating	true	Include unrealized losses in calculation
auto_close_on_breach	false	Close all positions when cap is hit
week_start_day	Monday	When the weekly counter resets

When This Rule Fires

Monitor: Tracks cumulative realized losses throughout the week.

Block: Pauses all new trade requests once the weekly cap is reached.

Auto-close (optional): Closes all open positions when cap is breached.

Best For

Traders who give back profits in one bad session Prop firm funded accounts Anyone who needs a hard stop on bad weeks

Pro Tips

Set the weekly cap below your trailing drawdown limit to create a layered defense.
Enable include_floating to catch losses before they are realized.
Use this alongside the Trailing Drawdown rule for comprehensive loss prevention.

Configure This Rule →

Set up weekly loss cap protection in your dashboard.