Login Page - Create Account

Support Board


Date/Time: Tue, 23 Apr 2024 16:00:57 +0000



Post From: Issues with Global Profit/Loss Management and Trade Only Symbol

[2021-05-25 16:22:09]
John - SC Support - Posts: 31039
The Global Profit/Loss is going to be based on the calculated Profit/Loss. If you are using a Trade and Current Quote Symbol then it is necessary to ensure that the correct value is entered for the Currency Value per Tick for the symbol that is going to be traded.

One thing that I should point out that is weird: when I press "Apply Global Symbol Settings", MESZ20-CME disappears in the "Trade and Current Quote Symbol:" field.

This makes sense if you do not have a Trade and Current Quote Symbol set for the symbol settings. You are asking the system to update the Chart Settings based on the symbol settings, so if that symbol setting is blank, then it will blank out the Trade and Current Quote Symbol in the Chart Settings.

If I try to change it to 1.25, it will revert back to 12.5 when I apply global symbol settings. If I change the value per tick back to 1.25 and hit apply, I still get flatted out with the GP/L manager.

Again, this makes sense that the Chart Settings are changing when you select Apply Global Symbol Settings.

Make sure that the correct Currency Value per Tick is entered and stays correct through the entire trade. Do not select Apply Global Symbol Settings while in the middle of a trade, as that is going to change the settings, which could cause your Net Profit calculation to be different from what you expect.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing