Support Board
Date/Time: Tue, 16 Sep 2025 11:31:00 +0000
SC Trade Account Copier and Daily Limits (exit on daily profit)
View Count: 121
| [2025-09-09 12:32:08] |
| User936721 - Posts: 24 |
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I know that the SC Trade Copier did not work in conjunction with the Daily Profit / Loss limit service. Is this now fixed, or are there plans to update the system to allow for both to work in tandem? An ideal feature is that IF the daily profit / loss is hit then all open orders and all open LIMIT orders are closed / cancelled. I hope you have some good news?? |
| [2025-09-09 13:29:05] |
| Sierra_Chart Engineering - Posts: 20894 |
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We do not know exactly what you are referring to: Daily Profit / Loss limit service.
Here is the information about Daily Profit/Loss:Help With Daily Profit/Loss Value Here is the documentation for Order Allocation to Trade Accounts: Order Allocation to Trade Accounts And Global Profit/Loss Management: Global Profit/Loss Management 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: 2025-09-09 13:29:49
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| [2025-09-09 13:33:09] |
| User936721 - Posts: 24 |
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I will re-check but the last time I tried to use the SC Trade Order Allocation to Trade accounts it seemed to stop the global profit loss system working - it is now working?
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| [2025-09-09 13:45:03] |
| Sierra_Chart Engineering - Posts: 20894 |
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No that is not true. There is nothing with Order Allocation to Trade Accounts that prevents Global Profit/Loss Management from working. This never has been the case.
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: 2025-09-09 13:45:27
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| [2025-09-09 14:23:06] |
| User936721 - Posts: 24 |
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I will check it out again as soon as I can. I do recall support messages from sometime ago that suggested the two features could not work at same time My work will test : Setup copy from account #1 to account #2. There may also be open limit orders on both accounts. I will then setup up global account on #1 to close / cancel orders when day profit is hit. I’ll then wait for profit to be hit on #1 and check that open orders and limit orders are closed on both #1 and #2. I’ll update this ticket once I complete the work Thank you for your patience and support |
| [2025-09-09 17:49:27] |
| User936721 - Posts: 24 |
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Thank you Sierra Chart Support. My initial testing confirms all is working well - that is great news! Looking back, it seems that SC Support advised in Oct 2023 the following, hence my original enquiry today : "Global Profit Loss Management does not support the Order Allocation to Trade Accounts functionality." |
| [2025-09-09 18:02:47] |
| John - SC Support - Posts: 41827 |
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That statement is still true. In order to use the "Global Profit/Loss Management" for multiple accounts, you would have to set them up separately in the "Global Profit/Loss Management". You can not just specify the primary account you use for the "Order Allocation to Trade Accounts".
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2025-09-09 18:38:10] |
| User936721 - Posts: 24 |
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John, Thank you for your response. I am today, testing on SIM account ie SIM #1 is source account GPLM is enabled ie $300 daily trigger limit + $30 (no SL trigger) I've also enabled Account trade Duplication to SIM #2 on the source account chart I've then opened second chart displaying SIM #2 What I'm seeing is that trades open/copy correctly (perfectly) with SC Trade copier, as it always does (excellent tool) Any limit orders are also copied perfectly When chart 1 / SIM #1 hits the daily profit level (300+30) trades and all limit orders are closed on chart 1 / SIM 1 - AND on chart 2 / SIM2 Therefore I'm asking what you meant, when you said "In order to use the "Global Profit/Loss Management" for multiple accounts, you would have to set them up separately in the "Global Profit/Loss Management" " May I ask what do you mean / how do you set them up separately? It seems my setup is working - or do you think it can't be? PS I'm using Version 2776 (64 bit) / Rev: 53688 Many thanks John, for excellent support, as always |
| [2025-09-09 19:41:03] |
| John - SC Support - Posts: 41827 |
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The "Global Profit/Loss Management" definitely was not updated to deal with the "Order Allocation to Trade Accounts". But we do see where if you are sending a "Flatten" command to the primary account, then this would reflect in the other accounts that are setup in the Order Allocation. We had not considered that. We were just thinking of the fact that it will only send a single Flatten command for the one account and did not think the Order Allocation would pick it up properly. What we meant by setting it up for all the accounts, is that you can setup the "Global Profit/Loss Management" to act a specific way for specific accounts. You select the account in the upper right corner of that window. We highly recommend keeping a close eye on how this functions for you in live trading the first few times you use it. If it works, then that is good. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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