It is at the top of the Account lock page. One press, after you confirm it, acts on every broker connection, account, strategy and copy group you have, then lists what happened on each account.
What one press does
- 1Everything that trades for you is pausedEvery strategy endpoint is paused and every copy group is switched off. An alert that reaches a paused endpoint is refused — an exit alert included — so no alert and no leader trade becomes an order.
- 2New entries are heldAny new order that would open or add to a position is held on every account for as long as the switch is on: from the copier, from an alert on a strategy you resume, and from Submit on a parked order.
- 3Parked orders are discardedEvery order that was waiting for your confirmation on a manual subscription is discarded, and each one gets its own line in the event log. See Automatic and manual.
- 4What is open is closedEvery open position on every account is closed at market, where the broker lets Tradeus close. Your broker connections are worked through side by side, and the accounts under one connection one after another. An order Tradeus sent a moment before the press is waited for, so the account is read after it lands. After sending the close, Tradeus reads the account again and waits a few seconds for the broker to show it flat before calling it closed.
The result, account by account
The panel lists every account you own, each with one of three outcomes, and each account appears as soon as its broker has answered — a slow broker does not leave the panel blank. The same outcome is written into the event log, one line per account. The list stays on the panel until you press the switch again — releasing the switch does not clear it.
What it cannot do
- Stop a trade you place by hand in your broker's own platform. That click never passes through Tradeus, and the switch closes once per press — it does not watch the account afterwards.
- Cancel orders you placed directly at your broker. Check for resting limit and stop orders there yourself.
- Close an account whose broker is not connected, or one on a broker whose order routing is switched off on this server. Tradovate, Rithmic and TopstepX cannot close anything while trading is switched off on the server.
- Close a live (brokerage) account or a copy-follower account on TopstepX: TopstepX itself refuses the close for both. TopstepX is listed but not yet selectable; this is what will happen once it is.
- Choose the price. Each close is a market order, and in a fast market it fills where it can — which may be well past where you pressed.
Running it again
While the switch is on, the panel shows since when and why, and a Run the close again button. That repeats the whole press — it pauses anything you resumed in the meantime, discards anything parked since, closes what is still open — and prints a fresh result list. Use it after reconnecting a broker, or when an account came back NOT closed. A close from the earlier press that is still working at the broker is waited for, never sent twice. The time the switch was first engaged stays as it was.
Releasing it
Release sits beside it, and like the switch it asks you to confirm. Releasing lifts the hold on new entries, and that is all it does. Every strategy endpoint and copy group stays paused until you resume each one yourself, so nothing starts trading again because of one click. Discarded orders stay discarded, and the last result list stays on the panel. Released while a close is still running, the close stops before the accounts it has not reached. Unlike a lock, the switch can be released whenever you choose.