The kill switch
You will know how to stop every order at once and why switching it off takes time.
The kill switch blocks every order you place in Turtle Terminal, including closes, until you switch it off. It is the only rule that stops closing orders.
Arm it
- Open the Guard pill, or go to Rules and find the Kill switch card.
- Turn the switch on.
- Confirm with Arm kill switch.
Arming applies at once. The Guard pill reads Kill switch on.
Disarm it
- Turn the switch off, from the card or the Guard pill.
- Confirm with Disarm.
- Orders stay blocked for your disarm delay, then the switch opens. The countdown shows on the card and in the Guard pill.
Choose Keep on during the countdown to cancel the disarm.
The disarm delay
The delay is 60 minutes unless you change it, and can be anything from 1 minute to 24 hours. Click the kill switch card to edit it. A shorter delay is a loosening, so it waits your change delay. Choose the delay while you're calm.
What it doesn't do
- It doesn't close your positions. They stay open at your exchange.
- It doesn't cancel orders already resting at your exchange.
- It doesn't stop orders you place at your exchange directly.
To manage positions while it's on, trade at your exchange. The Guard pill links there.
Next: Every rule, explained