diff --git a/backend/main.py b/backend/main.py
index 38fb6d7..069a126 100644
--- a/backend/main.py
+++ b/backend/main.py
@@ -1178,3 +1178,290 @@ async def get_server_status(user: dict = Depends(get_current_user)):
     _server_cache["data"] = result
     _server_cache["ts"] = now
     return result
+
+
+# ============================================================
+# 实盘 API（/api/live/...）
+# ============================================================
+
+@app.get("/api/live/summary")
+async def live_summary(
+    strategy: str = "v52_8signals",
+    user: dict = Depends(get_current_user),
+):
+    """实盘总览"""
+    closed = await async_fetch(
+        "SELECT pnl_r, direction, fee_usdt, funding_fee_usdt, slippage_bps "
+        "FROM live_trades WHERE status NOT IN ('active','tp1_hit') AND strategy = $1",
+        strategy,
+    )
+    active = await async_fetch(
+        "SELECT id FROM live_trades WHERE status IN ('active','tp1_hit') AND strategy = $1",
+        strategy,
+    )
+    first = await async_fetchrow(
+        "SELECT MIN(created_at) as start FROM live_trades WHERE strategy = $1",
+        strategy,
+    )
+
+    total = len(closed)
+    wins = len([r for r in closed if r["pnl_r"] and r["pnl_r"] > 0])
+    total_pnl = sum(r["pnl_r"] for r in closed if r["pnl_r"])
+    total_fee = sum(r["fee_usdt"] or 0 for r in closed)
+    total_funding = sum(r["funding_fee_usdt"] or 0 for r in closed)
+    win_rate = (wins / total * 100) if total > 0 else 0
+    gross_profit = sum(r["pnl_r"] for r in closed if r["pnl_r"] and r["pnl_r"] > 0)
+    gross_loss = abs(sum(r["pnl_r"] for r in closed if r["pnl_r"] and r["pnl_r"] <= 0))
+    profit_factor = (gross_profit / gross_loss) if gross_loss > 0 else 0
+
+    # 读风控状态
+    risk_status = {}
+    try:
+        import json as _json
+        with open("/tmp/risk_guard_state.json") as f:
+            risk_status = _json.load(f)
+    except:
+        risk_status = {"status": "unknown"}
+
+    return {
+        "total_trades": total,
+        "win_rate": round(win_rate, 1),
+        "total_pnl_r": round(total_pnl, 2),
+        "total_pnl_usdt": round(total_pnl * 2, 2),  # $2=1R
+        "active_positions": len(active),
+        "profit_factor": round(profit_factor, 2),
+        "total_fee_usdt": round(total_fee, 2),
+        "total_funding_usdt": round(total_funding, 2),
+        "start_time": str(first["start"]) if first and first["start"] else None,
+        "risk_status": risk_status,
+    }
+
+
+@app.get("/api/live/positions")
+async def live_positions(
+    strategy: str = "v52_8signals",
+    user: dict = Depends(get_current_user),
+):
+    """实盘当前持仓"""
+    rows = await async_fetch(
+        "SELECT id, symbol, direction, score, tier, strategy, entry_price, entry_ts, "
+        "tp1_price, tp2_price, sl_price, tp1_hit, status, risk_distance, "
+        "binance_order_id, fill_price, slippage_bps, protection_gap_ms, "
+        "signal_to_order_ms, order_to_fill_ms, score_factors "
+        "FROM live_trades WHERE status IN ('active','tp1_hit') AND strategy = $1 "
+        "ORDER BY entry_ts DESC",
+        strategy,
+    )
+    # 实时价格
+    prices = {}
+    symbols_needed = list(set(r["symbol"] for r in rows))
+    if symbols_needed:
+        try:
+            async with httpx.AsyncClient(timeout=5) as client:
+                resp = await client.get("https://fapi.binance.com/fapi/v1/ticker/price")
+                if resp.status_code == 200:
+                    for item in resp.json():
+                        if item["symbol"] in symbols_needed:
+                            prices[item["symbol"]] = float(item["price"])
+        except:
+            pass
+
+    result = []
+    for r in rows:
+        d = dict(r)
+        current_price = prices.get(r["symbol"], 0)
+        d["current_price"] = current_price
+        entry = r["entry_price"] or 0
+        rd = r.get("risk_distance") or 1
+        if rd > 0 and entry > 0 and current_price > 0:
+            if r["direction"] == "LONG":
+                d["unrealized_pnl_r"] = round((current_price - entry) / rd, 4)
+            else:
+                d["unrealized_pnl_r"] = round((entry - current_price) / rd, 4)
+            d["unrealized_pnl_usdt"] = round(d["unrealized_pnl_r"] * 2, 2)
+        else:
+            d["unrealized_pnl_r"] = 0
+            d["unrealized_pnl_usdt"] = 0
+        # 持仓时间
+        if r["entry_ts"]:
+            import time as _time
+            d["hold_time_min"] = round((_time.time() * 1000 - r["entry_ts"]) / 60000, 1)
+        result.append(d)
+    return {"data": result}
+
+
+@app.get("/api/live/trades")
+async def live_trades(
+    symbol: str = "all",
+    result: str = "all",
+    strategy: str = "v52_8signals",
+    limit: int = 100,
+    user: dict = Depends(get_current_user),
+):
+    """实盘历史交易"""
+    conditions = ["status NOT IN ('active','tp1_hit')"]
+    params = []
+    idx = 1
+
+    conditions.append(f"strategy = ${idx}")
+    params.append(strategy)
+    idx += 1
+
+    if symbol != "all":
+        conditions.append(f"symbol = ${idx}")
+        params.append(symbol.upper() + "USDT")
+        idx += 1
+    if result == "win":
+        conditions.append("pnl_r > 0")
+    elif result == "loss":
+        conditions.append("pnl_r <= 0")
+
+    where = " AND ".join(conditions)
+    params.append(limit)
+    rows = await async_fetch(
+        f"SELECT id, symbol, direction, score, tier, strategy, entry_price, exit_price, "
+        f"entry_ts, exit_ts, pnl_r, status, tp1_hit, score_factors, "
+        f"binance_order_id, fill_price, slippage_bps, fee_usdt, funding_fee_usdt, "
+        f"protection_gap_ms, signal_to_order_ms, order_to_fill_ms "
+        f"FROM live_trades WHERE {where} ORDER BY exit_ts DESC LIMIT ${idx}",
+        *params
+    )
+    return {"count": len(rows), "data": rows}
+
+
+@app.get("/api/live/equity-curve")
+async def live_equity_curve(
+    strategy: str = "v52_8signals",
+    user: dict = Depends(get_current_user),
+):
+    """实盘权益曲线"""
+    rows = await async_fetch(
+        "SELECT exit_ts, pnl_r FROM live_trades "
+        "WHERE status NOT IN ('active','tp1_hit') AND strategy = $1 ORDER BY exit_ts ASC",
+        strategy,
+    )
+    cumulative = 0.0
+    curve = []
+    for r in rows:
+        cumulative += r["pnl_r"] or 0
+        curve.append({"ts": r["exit_ts"], "pnl": round(cumulative, 2)})
+    return {"data": curve}
+
+
+@app.get("/api/live/stats")
+async def live_stats(
+    strategy: str = "v52_8signals",
+    user: dict = Depends(get_current_user),
+):
+    """实盘详细统计"""
+    rows = await async_fetch(
+        "SELECT symbol, direction, pnl_r, tier, entry_ts, exit_ts, slippage_bps "
+        "FROM live_trades WHERE status NOT IN ('active','tp1_hit') AND strategy = $1",
+        strategy,
+    )
+    if not rows:
+        return {"error": "no data"}
+
+    total = len(rows)
+    wins = [r for r in rows if r["pnl_r"] and r["pnl_r"] > 0]
+    losses = [r for r in rows if r["pnl_r"] and r["pnl_r"] <= 0]
+    win_rate = len(wins) / total * 100 if total > 0 else 0
+    avg_win = sum(r["pnl_r"] for r in wins) / len(wins) if wins else 0
+    avg_loss = sum(abs(r["pnl_r"]) for r in losses) / len(losses) if losses else 0
+    win_loss_ratio = avg_win / avg_loss if avg_loss > 0 else 0
+    total_pnl = sum(r["pnl_r"] for r in rows if r["pnl_r"])
+
+    # 滑点统计
+    slippages = [r["slippage_bps"] for r in rows if r["slippage_bps"] is not None]
+    avg_slippage = sum(slippages) / len(slippages) if slippages else 0
+    slippages_sorted = sorted(slippages) if slippages else [0]
+    p50_slip = slippages_sorted[len(slippages_sorted)//2] if slippages_sorted else 0
+    p95_idx = min(int(len(slippages_sorted)*0.95), len(slippages_sorted)-1)
+    p95_slip = slippages_sorted[p95_idx] if slippages_sorted else 0
+
+    # MDD
+    cum = 0
+    peak = 0
+    mdd = 0
+    for r in sorted(rows, key=lambda x: x["exit_ts"] or 0):
+        cum += r["pnl_r"] or 0
+        if cum > peak:
+            peak = cum
+        dd = peak - cum
+        if dd > mdd:
+            mdd = dd
+
+    # 按币种
+    by_symbol = {}
+    for r in rows:
+        s = r["symbol"]
+        if s not in by_symbol:
+            by_symbol[s] = {"wins": 0, "total": 0, "pnl": 0}
+        by_symbol[s]["total"] += 1
+        by_symbol[s]["pnl"] += r["pnl_r"] or 0
+        if r["pnl_r"] and r["pnl_r"] > 0:
+            by_symbol[s]["wins"] += 1
+    for s in by_symbol:
+        by_symbol[s]["win_rate"] = round(by_symbol[s]["wins"]/by_symbol[s]["total"]*100, 1) if by_symbol[s]["total"] > 0 else 0
+        by_symbol[s]["total_pnl"] = round(by_symbol[s]["pnl"], 2)
+
+    return {
+        "total": total,
+        "win_rate": round(win_rate, 1),
+        "avg_win": round(avg_win, 3),
+        "avg_loss": round(avg_loss, 3),
+        "win_loss_ratio": round(win_loss_ratio, 2),
+        "total_pnl": round(total_pnl, 2),
+        "mdd": round(mdd, 2),
+        "avg_slippage_bps": round(avg_slippage, 2),
+        "p50_slippage_bps": round(p50_slip, 2),
+        "p95_slippage_bps": round(p95_slip, 2),
+        "by_symbol": by_symbol,
+    }
+
+
+@app.get("/api/live/risk-status")
+async def live_risk_status(user: dict = Depends(get_current_user)):
+    """风控状态"""
+    try:
+        import json as _json
+        with open("/tmp/risk_guard_state.json") as f:
+            return _json.load(f)
+    except:
+        return {"status": "unknown", "error": "risk_guard_state.json not found"}
+
+
+@app.post("/api/live/emergency-close")
+async def live_emergency_close(user: dict = Depends(get_current_user)):
+    """紧急全平（写标记文件，由risk_guard执行）"""
+    try:
+        import json as _json
+        with open("/tmp/risk_guard_emergency.json", "w") as f:
+            _json.dump({"action": "close_all", "time": time.time(), "user": user.get("email", "unknown")}, f)
+        return {"ok": True, "message": "紧急平仓指令已发送"}
+    except Exception as e:
+        return {"ok": False, "error": str(e)}
+
+
+@app.post("/api/live/block-new")
+async def live_block_new(user: dict = Depends(get_current_user)):
+    """禁止新开仓"""
+    try:
+        import json as _json
+        with open("/tmp/risk_guard_emergency.json", "w") as f:
+            _json.dump({"action": "block_new", "time": time.time(), "user": user.get("email", "unknown")}, f)
+        return {"ok": True, "message": "已禁止新开仓"}
+    except Exception as e:
+        return {"ok": False, "error": str(e)}
+
+
+@app.post("/api/live/resume")
+async def live_resume(user: dict = Depends(get_current_user)):
+    """恢复交易"""
+    try:
+        import json as _json
+        with open("/tmp/risk_guard_emergency.json", "w") as f:
+            _json.dump({"action": "resume", "time": time.time(), "user": user.get("email", "unknown")}, f)
+        return {"ok": True, "message": "已恢复交易"}
+    except Exception as e:
+        return {"ok": False, "error": str(e)}