Guide / Live trading
Live trading and its guardrails
Live execution places real orders on your broker account through TradingView’s broker panel. Quorum watches your strategy’s signals in TradingView and turns each one into an order. Supported brokers include Tradovate, which is what prop-firm accounts such as Apex use.
Trading involves substantial risk of loss. Paper-trade a strategy before you run it live.
Set up
- Open Live Execution and connect your broker account through TradingView.
- Run the strategy check so Quorum confirms the right strategy is on your chart.
- Click Enable Execution. The status changes to Execution is live.
Backtest the schedule first
Before you arm a session schedule, click Backtest this schedule → above the session cards. The Sandbox opens Combined backtest with each session’s strategy already picked. Choose the dates and click Run combined backtest: Quorum backtests each strategy in its own session, then adds the trades up by exit time.
You get one P&L and one max drawdown for the whole schedule, with the stretch that caused the drawdown shaded on the equity curve. Only the max drawdown lists the trades from every strategy in that stretch. If two strategies held trades at the same time, the panel says so, because a live schedule runs one strategy at a time.
The guardrails
- Daily loss and profit stops. Quorum checks your broker’s day total after every closed trade. You can also have it count the open trade’s P&L as it moves. When a limit is reached, it fires the kill switch.
- News blackout. Quorum takes no new entries for a set time either side of high-impact news (an hour by default). A position that’s already open finishes on the strategy’s own terms.
- Position guard. When it’s on, Quorum closes any position it didn’t place itself.
- Kill switch. One click closes whatever is open and turns execution off.
If something goes wrong
- Quorum closes unexpectedly. Each closing trade is written to a backup file on your computer as soon as it’s priced, so a crash doesn’t lose it, and any trade not yet saved to your account syncs once the app is running again. When Quorum restarts in the middle of an armed session, it tries to pick that session back up.
- The TradingView window closes. During a live session Quorum opens it again straight away, because your chart, your strategy and the broker panel all live in that window, and it tells you it did.
- Nothing is watching any more. If you’ve linked Telegram, Quorum messages you when a computer that was watching your strategy stops checking in, and again if it stops while holding a position. Quitting Quorum yourself doesn’t count.
- A scheduled strategy won’t load cleanly. When Quorum swaps strategies for a new session, it reads the chart back and checks the strategy, symbol and timeframe. If anything doesn’t match, it turns execution off rather than trade the wrong script. If the session schedule stops being refreshed, Quorum takes no new entries and still lets open trades exit.
- TradingView changes its page. Quorum works TradingView’s page the way you would, and TradingView can change it without notice. A change like that could make Quorum misread P&L or miss an order, so keep an eye on the broker panel while execution is live.