Max Weekly Loss %
What it does
Weekly loss floor as a percentage of NLV. Works alongside max_weekly_loss_dollars: whichever fires first halts entries for the rest of the rolling 7-day window.
When to change it
Lower from the -10% default to -3% to -5% for tighter weekly risk control.
Safe range
-3% (conservative) to -15% (permissive).
Example
$50,000 account, -5% weekly pct = -$2,500. A -$1,800 Monday plus a -$800 Tuesday (-$2,600 cumulative) triggers the weekly halt. No new entries for the rest of that rolling window.