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Date/Time: Thu, 18 Jul 2024 04:30:58 +0000



Post From: Average Price for Only Open Positions ?

[2022-03-16 17:27:27]
Sierra Chart Engineering - Posts: 104368
Here is an example of a series of trades:
Symbol  Trade Type  Entry DateTime  Exit DateTime  Entry Price  Exit Price  Trade Quantity  Max Open Quantity  Max Closed Quantity  Profit/Loss (C)  Cumulative Profit/Loss (C)  FlatToFlat Profit/Loss (C)  FlatToFlat Max Open Profit (C)  FlatToFlat Max Open Loss (C)  Max Open Profit (C)  Max Open Loss (C)  Entry Efficiency  Exit Efficiency  Total Efficiency  Commission (C)  High Price While Open  Low Price While Open  Note  Open Position Quantity  Close Position Quantity  Duration

[Sim]MESM22-CME (Sim1)  Long  2022-03-16 04:26:02.000 BP  2022-03-16 04:36:18.000  4290.50  4299.00  1  2  1  42.50  42.50  42.50  57.50  -7.50  57.50  -7.50  100.0%  76.9%  65.4%  0.00  4302.00  4289.00    1  1  00:10:16

[Sim]MESM22-CME  Long  2022-03-16 04:30:21.000    4294.75    1  2  1  0.00  0.00  42.50  57.50  -7.50  0.00  0.00  17.9%  0.0%  0.0%  0.00  4302.00  4290.25    2  0  

[Sim]MESM22-CME  Long  2022-03-16 04:40:01.000    4297.00    1  2  0  0.00  0.00  42.50  42.50  0.00  0.00  0.00  38.5%  0.0%  0.0%  0.00  4297.00  4297.00    2  0  
                  Total: 42.50                                


1 Buy 1
2. Buy 1
3. Sell 1
4. Buy 1


In the case of FIFO the position average price will consist, of the fill prices for 2 and 4 in this case. Which is 4295.875.

How can it make any sense, not to include the order quantities. And we would like to hear from other users on this. We are not going to put a faulty calculation method in. Makes no sense at all. We do not believe that is what TT is doing. It makes no sense.
Sierra Chart Support - Engineering Level

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Date Time Of Last Edit: 2022-03-16 17:27:49