finantic.WLC2 is a broker adapter for WealthLab7 and Collective2.
The finantic.WLC2 Extension allows you to publish aour WL7 startegies’ trading signals to Collective2. To use the interface, you must obtain an API Key from Collective2 (Deatiuls see below) and a ssociate a Collective2 System ID with finantic.WLC2 or your WealthLab7 strategy (Details see below).
You can establish associations with any number of Collective2 Systems. Whenever an associated strategy generates signals, you can Place the signals in the WealthLab Order Manager to publish them on Collective2.
Features
Automatic position synchronization between WealtLab7 Strategies and the conneted strategy on Collective2
Realtime Updates of Order Status
semi automatic Equity Sync
conditional orders
check exit orders for existing positions
adjust Exit Orders to existing positions
Getting Started
Follow the instructions in the Collective2 API Documentation to optain your personal API Key. WLC2 works with a World API Key.
In WealthLab 7 open the order Manager:
Select the Broker “finantic.WLC2” and klick the “Configure…” Button.
This will open the finantic.WLC2 Settings Dialog:
Enter your personal C2 API Key here.
Also enter the C2 System ID. You’ll find this ID in the URLin your browsers adress bar if you view your C2 System:
WLC2 Settings
In this section all Settings of the finantic.WLC2 broker adapter are described.
Adjust Sell Orders
Checkbox: Adjust order size of a sell order to an existing position’s size.
C2SystemID
The Collective2 system Id. Shown in the URL of your C2 System. this can be overriden with an entry “C2SystemID=NNN” in the startegie’s description.
Sync. Positions
Checkbox: WLC2 synchronizes positions between WL7 and C2 by generating extra orders.
Sync. Equity
Checkbox: Show a message if equity diverges too much between WL7 and C2 simulated accounts. This can be overridden in strategy code by wlc2tag.qc2info.synchronizeEquity
Equity Tolerance
Accepted Equity Mismatch in Percent. This is used by the Sync.Equity feature.
C2 API Key
The C2 API Key. See C2 API Documentation for details. WLC2 works with a World API Key.
Symbol Type
The default symbol type used in orders if not specified otherwise.
Strategy Settings
Various settings of finantic.WLC2 may be overriden from a coded startegy.
bool? qc2info.synchronizeEquity
if set overrides the Sync.Equity setting.
bool? qc2info.synchronizePositions
if set overrides the Sync.Positions setting.
Conditional Orders
You may set qc2tag.conditionalUpon to the WLC2Tag of another transaction to make the transaction conditional upon another transaction.
Supported Order Types
| WL Order Type | Collective2 Order Type | Description |
| Buy @ Limit | BuyToOpen @ Limit | |
| Buy @ Market | BuyToOpen @ Market | |
| Buy @ Stop | BuyToOpen @ Stop | |
| Sell @ Limit | SellToClose @ Limit | check if Position exists and adjust quantity |
| Sell @ Market | SellToClose @ Market | check if Position exists and adjust quantity |
| Short @ Limit | SellToOpen @Limit | |
| Short @ market | SellToOpen @ Market | |
| Cover @ Limit | BuyToClose @ Limit | |
| Cover @ market | BuyToClose @ Market |
Technical Details
All Orders are sent to Collective2 with a duration of “Day”.
If an order is already sent the same day it is not sent again.
Signal Status
WL’s Order manager reports the signal status of a Collective2 order in realtime.
| WL Status | C2 Status |
| Staged | internal: Signals shows in SignalHub, not sent to Broker API |
| Placed | C2 reports C2SignalStatus.Posted |
| Active | C2 reports C2SignalStatus.Working |
| Filled | C2 reports C2SignalStatus.Traded, t.FillQty = t.Quantity |
| PartialFilled | C2 reports C2SignalStatus.Traded, t.FillQty < t.Quantity |
| CancelPending | Cancel Message sent to Collective2 |
| Canceled | C2 reports C2SignalStatus.Canceled |
| Canceled | C2 reports C2SignalStatus.Expired |
| Error | Exception from Cancel Signal |
| Error | Exception from Submit Signal |
| Error | Unknown OrderTypes (MarketClose, Stop) |
| WaitForClose | (used internally when a MarketClose order is placed) |
| Published | (used internally, Submit Signal returned successfully) |