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Date/Time: Sat, 18 May 2024 12:40:47 +0000



Post From: New Upcoming Features

[2023-09-16 19:41:34]
Sierra_Chart Engineering - Posts: 14423
1. This functionality is now fully released for the Simulated Futures Trading services, both live and delayed:
Simulated Futures Trading Service: Introduction

The ability to flatten at a set time is now supported.

You need to be running the latest version:
Software Download: Fast Update

To edit the settings, follow the instructions here:

Trade Account and Risk Management: Edit Trade Account

And then select the User Profit/Loss Management tab.

The functionality works the same as the existing built-in, General Settings >> Global Profit/Loss Management.

Once positions are flattened, or if the Use Liquidation Only Mode When Trigger Rules Met, is set to Yes, and the account is placed in the liquidation only mode, you will not be able to enter new positions or increase your positions, respectively, until the next trading day which would begin at 5:30 PM Eastern time. There is no way around this.

When this becomes available for Teton order routing you will not be able to call your broker to unlock the functionality. Your account is going to be locked, or you will not be able to increase your positions if it is put into liquidation only mode, until the next trading day. And that is really how it should be, because risk management must be strictly followed for it to be effective. There are always going to be trading opportunities, the following day or days.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2023-09-16 19:47:02