Hi Vikor,
Yes, the system uses a daily stop loss. We operate two types of stop loss, the first is a daily loss limit, the second is a trailing stop, that follows profits up, but not down.
It’s usually the trailing stop loss that kicks in first.
The system is still recovering from the COVID outage, so you’ll see the stop-loss message in Excel most days at the moment 🙁
Cheers
Nick