Trading Auto Stop filters

Trading Auto Stop filters 

General concept: One important issue facing those who prefer automated algorithmic trading is the ability to stop all or certain algorithms from running in the event of them losing money (up to a certain threshold). To address this issue, we’ve created the Auto Stop filters tab in the Client. 

Here, our users can create conditions based on the change in their Balances or based on the results registered in their reports that would Stop all or certain algorithms from trading. 

To create a Filter, the user must first select the primary trigger which is either “On Balance” or “On Reports”. Once that is selected, the user should click on the Add filter button at the top right of the tab. 

For “On balance” filters, the parameters are: 

Asset — sets a specific Asset and the Market for it (e.g: USDT on futures will have the letter F in a green circle)

Filter algorithms — when writing the name of the algorithm, the list in the box beneath will get smaller as less and less algorithms will contain the same characters in their names 

Max loss (can be toggled on/off) — determines the maximum amount of Asset selected above that can be lost by the algorithm/algorithms filtered above that will trigger the stop of these algorithms (a minus sign “-” will appear automatically in front of the amount)

Max profit (can be toggled on/off) — determines the maximum amount of Asset selected above that can be earned by the algorithm/algorithms filtered above that will trigger the stop of these algorithms

The “On balance” tab has the following columns:

Asset — displays the asset that is monitored by the filter

Algorithm Filter — displays the name by which the list of algorithms was filtered in the set-up menu

Max Loss — displays the maximum loss used for the filter 

Max Profit — displays the maximum profit used for the filter 

Baseline — displays the exact balance that was present when the filter was started

Current baseline — displays the current balance for the filtered asset 

Algorithms — displays the number of algorithms contained in the filter

For “On Reports” filters, the parameters are: 

Date/Time range — lets the user set a specific time period that the filter will check to see the change in reports for 

Filter Market — specifies the market or markets that should be monitored for Reports results 

Filter Symbol — can be used to specify a certain pair or a certain asset that will be monitored (comma separated)

Filter reports comment — allows the user to specify certain comments that will be monitored by this filter (e.g: liquidation, manual, algorithm names, etc)

Filter algorithms — specifies the algorithms that will be stopped when the conditions for the filter will be triggered

Total min margin — Reports Total loss for the symbol (negative value) that will trigger the stopping of the specified algorithms 

Total max margin —  Reports Total profit for the symbol (positive value) that will trigger the stopping of the specified algorithms