I have just noticed this feature has been added for system developers and is in beta testing
I am please to see this being introduced and am going to use this feature, as the way the [LINKSYSTEM_71784468] system controls risk is to have these sort of controls in place, rather than have hard stops placed in the market. These systems risk controls have never been visible to subscribers, which im sure is off putting for potential subs, as it would appear the system is placing trades without any risk controls, which is not the case.
A few questions on how this will work
What is the time lag between a system hitting a preset loss threshold, ie -5% and c2 exiting the position?
For the "No single position may take more than % of system capital" What is defined as a single position? If the system enters 1 es contract then adds another es, is this still classed as a single position.
Has anyone developer used this feature yet?
Thanks
c2 staff?? would appreciate an answer on these points. Thanks
>>> What is the time lag between a system hitting a preset loss threshold, ie -5% and c2 exiting the position?
While I can’t guarantee an exact response (it can depend on loads, time of day, etc.) I think it is reasonable to assume the lag will usually be under 10 seconds, but might be as much as 60 seconds.
>>> For the “No single position may take more than % of system capital” What is defined as a single position? If the system enters 1 es contract then adds another es, is this still classed as a single position.
Yes
>>> Has anyone developer used this feature yet?
Yes! 
Matthew
If I use this feature, how will it be visibile? Will there be a reward icon, like for when a system is autotraded or has paid subscribers?
thanks
Matthew?? Before I switch this feature on I would appreciate an answer to above question. Thanks
Dear c2. I am keen to implement this feature, but first would like to know how would subs and non subs be made aware that such a risk constraint is in place?
Hi, PR:
I’m still not entirely satisfied with the Automated Constraints stuff. I hope to fix it and make it more clear (i.e. what the numbers mean, etc.). In the interim, it’s still a “beta” and thus there is no announcement to subscribers when a vendor elects to use it.
Matthew
I am going to set up this feature. I would like the system to exit if total loss for all positions is greater than 10% of max system equity.
So when setting up in the risk constraint section, for the question “Trades must have a stop loss capping loss at this % of system equity (C2 will create one if you don’t)”, I’ve put 10%. I assume system equity here means the max run up of the system so far, so for [LINKSYSTEM_71784468] its 134k, so 10% loss is 13.4k. correct?
I am assuming the exit orders will adjust if the contracts increase or decrease?
This is the only risk constraint I would like to use at present. It is asking me to enter values for the other two questions. As I have had to input an answer, I have entered “100%” to override them. Please can you let me know that I have understood the questions correctly and these risk controls are in line with what I am trying to achieve? Thank you
Matthew.
If you want some immediate feedback, this feature is generating too many emails. Each time a position is entered, C2 generates an email to confirm entry, then email to cancels old stops, then email to confirm new stops. Quite confusing for subs, would be preferable to put this info into one email only if possible.
Thank you
Matthew
For the latest trade, the automated stop loss changed 3 times in the space of an hour. Can you look into and explain why this happened (it has not done this previously). Thanks
Matthew
For the latest trade, the automated stop loss changed 3 times in the space of an hour. Can you look into and explain why (it has not done this previously). Thanks
Please send specific details about what you saw, and when, including system id, specific signals, etc. to help@collective2
MK
I assume you will be able to track from the trade id.
79572268 - entry
79572293 - 1st risk contraint auto stop
79572375 - 2nd risk contraint auto stop
79573559 - 3rd risk contraint auto stop
79575296 - exit
Thanks
Your automated-constraints stop loss was changed because it is based on a percentage of equity, and as your position remained open, your system equity changed. So your stops were moved. There’s a throttle on this to prevent it from happening crazily often, but it will happen periodically. This is expected behavior. (Well, expected by me, at any rate.)
Matthew
Is it possible to for C2 to differentiate between emails generated by the risk constraint and actual orders placed by the system?? Today the risk constraint has sent 7 emails changing the risk stop by ticks each time, as the position moved less than 1% into drawdown. It must be confusing for subs and my fear is that actual trades will get lost in all the automated risk constraint emails (because they look the same).
Also, can you expand on how the throttle works. I think it may need turning down a bit.
thanks
I understand your concern, but I’m not sure I agree with it. Subscribers expect to receive emails each time a stop (or limit or whatever) is changed. If emails annoy them, they can turn them off in their MY ACCOUNT settings. I take your point - that lots of changes (and lots of emails) are annoying, but if that’s the case, I think it’s better if subscribers themselves decide to turn the emails off, rather than having C2 make that decision for them and unilaterally deciding which signal changes are worthy or being sent, and which are not.
I think you have missed my point - to differentiate between orders placed by the system and order generated by the automated risk constraint on the emails. They currently look the same, which could lead to confusion in my opinion. I would be interested in the opinions of others?
Hi pr_trading:
Unless I am missing something it seems that this very useful feature is no longer available to C2 trade leaders, am I correct?
Thanks.
(Sorry for bumping up this old thread folks)
