Manage Open Risk as a State Machine
Once an order becomes a position, entry logic is no longer the primary controller. The position-management layer owns protective stop state, target state and any tested management transitions.
Architecture principle
The source emphasizes respecting the protective stop and using systematic exits. It also discusses technical exits and predefined R-based targets. FX Nova Bot generalizes these ideas into configurable position policies rather than assuming one universal exit method.
A position can move through OPEN → PROTECTED → MANAGING → EXIT_REQUESTED → CLOSED. Every stop modification must be checked so it cannot silently increase risk beyond the configured policy.
Connected FX Nova modules
Educational software-engineering material. Architecture beyond the source trading methodology is explicitly presented as FX Nova Bot engineering design.