According to MiFID II regulations, a financial intermediary/securities firm has to notify customers who either participates participate in discretionary portfolio management or invests in what is classified as complex financial instruments if their holding or portfolio declines more than 10 % during a quarter. For each 10 % decline like 20 %, 30 %, 40 %, etc. within the quarter a new alert has to be generated.
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Navigate to the instrument and enable the 10 % alert setting and this will enable an alert that triggers when a position in this instrument has a drawdown of the corresponding amount.
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Account alerts
This alert type will scan all customer accounts in the Broker system and generate alerts for drawdowns on those individual accounts.