diff --git a/.ea_pid b/.ea_pid
index f94e213..82a1b33 100644
--- a/.ea_pid
+++ b/.ea_pid
@@ -1 +1 @@
-162796
\ No newline at end of file
+185384
\ No newline at end of file
diff --git a/config.py b/config.py
index 8ae035d..70b1933 100644
--- a/config.py
+++ b/config.py
@@ -142,12 +142,14 @@ SIGNAL_THRESHOLDS = {
 
 # 风险管理参数（优化器结果 2026-05-10，5万根M1数据）
 RISK_CONFIG = {
-    # ★ 以下百分比均为账户余额%，非金价涨跌%
-    #    例：余额$1682，-1.5% = -$25 ≈ 25点金价（0.01手）
-    "stop_loss_pct": -0.015,            # -1.5% 账户
-    "profit_retracement_pct": 0.01,     # 1.0% 账户（拖尾回撤容忍）
-    "min_profit_for_trailing": 0.02,    # +2.0% 后激活拖尾
-    "take_profit_pct": 0.03,            # +3.0% 账户
+    # ★ 以下百分比均为保证金%（开仓成本%），非金价涨跌%、非账户%
+    #    risk_leverage 控制计算杠杆：设100则0.01手按$47保证金算%
+    #    例：亏损$25 / 保证金$47 = -53%，而不是 $25/账户$1682=-1.5%
+    "risk_leverage": 100,               # 计算杠杆（实际杠杆不变，仅影响%基准）
+    "stop_loss_pct": -0.50,            # -50% 保证金（亏一半保证金就平）
+    "profit_retracement_pct": 0.35,    # 35% 保证金（拖尾回撤容忍）
+    "min_profit_for_trailing": 0.70,   # +70% 保证金后激活拖尾
+    "take_profit_pct": 1.00,           # +100% 保证金（赚一倍保证金就平）
     "max_daily_loss": -0.3,
     "max_holding_minutes": 133,
     "min_profit_for_time_exit": 0.010,
diff --git a/core/risk/position.py b/core/risk/position.py
index d479be8..7bb9297 100644
--- a/core/risk/position.py
+++ b/core/risk/position.py
@@ -42,6 +42,16 @@ class PositionManager:
         self.hard_sl_mult = risk.get("hard_sl_multiplier", 1.5)
         self.hard_tp_mult = risk.get("hard_tp_multiplier", 1.3)
 
+        # ★ 计算杠杆（仅影响%基准，不改实际杠杆）
+        self.risk_leverage = risk.get("risk_leverage", 0)
+        if self.risk_leverage <= 0:
+            # 未设置则从MT5读取实际杠杆
+            try:
+                acct = self.data_provider.get_account_info()
+                self.risk_leverage = acct.leverage if hasattr(acct, 'leverage') else acct.get('leverage', 2000)
+            except Exception:
+                self.risk_leverage = 2000
+
         # 资金管理
         self.initial_capital = INITIAL_CAPITAL
         self.long_capital_pct = CAPITAL_ALLOCATION.get("long_pct", 0.5)
@@ -189,14 +199,16 @@ class PositionManager:
                 return False
 
             # ★ 计算 MT5 硬止损/硬止盈（兜底安全网）
-            #    公式：账户% × 余额 × 倍率 → 美元 → 金价点数 → 价格
+            #    公式：保证金% × 开仓保证金 × 倍率 → 美元 → 金价点数 → 价格
             hard_sl_price = None
             hard_tp_price = None
             contract_size = self._get_contract_size()
             points_per_dollar = 1.0 / (position_volume * contract_size) if position_volume > 0 else 0
 
-            sl_dollars = abs(self.stop_loss_pct) * self.total_equity * self.hard_sl_mult  # 正数
-            tp_dollars = abs(self.take_profit_pct) * self.total_equity * self.hard_tp_mult
+            # 开仓保证金
+            position_margin = (execution_price * position_volume * contract_size) / self.risk_leverage
+            sl_dollars = abs(self.stop_loss_pct) * position_margin * self.hard_sl_mult  # 正数
+            tp_dollars = abs(self.take_profit_pct) * position_margin * self.hard_tp_mult
             sl_points = sl_dollars * points_per_dollar
             tp_points = tp_dollars * points_per_dollar
 
@@ -330,17 +342,20 @@ class PositionManager:
         return self._cached_contract_size
 
     def _calculate_pnl_pct(self, position, current_price_value):
-        """★ 账户余额百分比盈亏（非金价涨跌%）"""
+        """★ 保证金百分比盈亏 = 美元盈亏 / 开仓保证金"""
         entry_price = position['entry_price']
         quantity = position.get('quantity', 0.01)
         contract_size = self._get_contract_size()
 
+        # 美元盈亏
         if position['position_type'] == 'long':
             dollar_pnl = (current_price_value - entry_price) * quantity * contract_size
         else:
             dollar_pnl = (entry_price - current_price_value) * quantity * contract_size
 
-        return dollar_pnl / self.total_equity if self.total_equity > 0 else 0.0
+        # 开仓保证金 = 合约价值 / 计算杠杆
+        margin = (entry_price * quantity * contract_size) / self.risk_leverage
+        return dollar_pnl / margin if margin > 0 else 0.0
 
     def _calculate_unrealized_pnl(self) -> float:
         """计算所有持仓的浮动盈亏"""