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VIDEO: https://www.youtube.com/watch?v=_EcGghRXYKM&list=PLuss093rSJjM-Aww9Jylw4AwHc5ePex5x

Summary

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Algo Bid Parameters

Algo Bid Param Page allows the Trader you to edit and update parameters that apply to a unit and service and are a dynamic input into the Solver. For example they may include the parameters Algo Bid Parameters. These parameters include those used in allocating volume to the ten bid BandAvails, FCAS utilisation and loss factors.

Info

Trader Parameters can be added or removed. This is done by direct requests to pdView. Check your internal Autobidding documentation to see a full list of current Trader Parameters and your processes to manage them.

Tip

Hover over Settings then click Trading Params

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Parameter list

Parameters are listed for each duid and service.

Info

A parameter value is stored with a beginning and end date as well as an insert date. Where a given parameter has multiple values with overlapping time period the latest insert date applies.

Two sets of columns provides information on each parameter.

The first set shows information about the current parameter value. :

  1. The actual current “Value”

  2. When the current value was “Last Modified At”

  3. When the current value expires, “To Date Time”

The second set of columns shows information for all time for each parameter.

  1. The minimum “From Date Time” for all inserted values

  2. The maximum “To Date Time” for all inserted values

  3. The “Last Modified At” for the last inserted value

Tip

The screenshot below shows that the Trader Delta Limit Volume has a current “Value” of 20 (NEM time 2021-03-17 11:42:00) which is valid until the “To Date Time” 2021-07-01 and this value was last modified 3 weeks ago. For “All Time” this parameter has values until the 2022-01-01 and the “Last Modified Value” was entered 27 seconds ago.

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You may click on any image in the Knowledge Base and it will expand to full screen.

Benchmarking Algo ‘or regulation FCAS this is caused by the unit responding to AGC regulation component signals that are sent by AEMO.

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  • Algo Bid Parameters are consumed by the Autobidder Algorithms.

  • Each Algo Bid Parameter applies to a specific unit and service and each value is inserted into the database with a begin date, end date and an insert date.

  • Where there are multiple parameter values with overlapping time periods then the value with the latest insert date applies.

Tip

Hover over Settings then click Algo Bid Parameters

This will open a List of Parameters

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Content

Tip

  • The screenshot below shows summary information for each Algo Bid Parameter

  • Click on the image below to see a full screen view.

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Two time frames of information are provided for each parameter.

  • Current NEM Time shows the Value of each parameter which is currently being consumed by the Algorithms, the To Date Time is when this value expires, the Last Modified At is how long ago this value was inserted and Last Modified By is who inserted the value.

  • All Time shows the maximum To Date Time for all values of each parameter, how long ago the last value was Last Modified At and Last Modified By is who inserted the last updated value.

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View options

Tip

  • Click in the filter panel and select or deselect parameters you wish to view or hide

  • Click expand and collapse icons to hide and show parameters

    • in rows for a particular service or duid

    • in columns for additional filters and other information

  • Click on a parameter to view and edit

    • This will open the View and Edit a Parameter Page (see next section)

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View and Edit a Parameter

View Parameter Values

Tip

Select the chart value resolution (time step), From Date and Time Period. The chart will automatically update.

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Info

  • If an Algo Bid Parameter changes within a Time Step then the values shown for Max Value, Min Value and Average Value will be different. However for most of the time steps these values will be the same.

  • 1 day time step begins at 04:00 NEM time

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Change Parameter Value

Tip

  1. Click in the Date Time Range box, you may then either;

    1. Select a Start Date and Time and an End Date and Time for when the Parameter value applies

      1. You must click OK to enter each Datetime

    2. Use the quick select buttons to enter a one click date range

    3. You may also manually edit the date

  2. Enter a value

  3. Enter any notes (optional)

  4. Click the Add Changes button to insert value for the selected date range

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Parameter Values History

This shows the history, and indeed most fields of the table where Algo Bid Parameters are stored. The list is in chronological order of insertion. The history provides a complete record of all the values that have been inserted.

Info

Algo Bid Parameters can be added or removed by contacting pdView. Check your internal Autobidding documentation to see a full list of current Trader Parameters and your processes to manage them.

Tip

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