Support Board
Date/Time: Mon, 08 Dec 2025 22:44:54 +0000
[User Discussion] - When opening a new Intraday chart, how to know which symbol code to use?
View Count: 63
| [2025-12-08 16:32:26] |
| PabloMalo - Posts: 3 |
|
Hi. Before I explain the issue, just a quick background: I have Sierra Package 11, and a Stage 5 funded account. I also bought the Denali data feed, Full CME Group for non-professionals. My goal is to practice real-time futures trading by using the Simulated Trading Service. My question is this: If I want to open a new Intraday chart of for example, Gold, how do I know which chart to select? There are many symbol codes that each correspond to differnt dates: August 2025 (Exp.), October 2025 (Exp.), December 2025, February 2026, April 2026 and so on... So if I want to start trading with real-time data right now (today is December 8th 2025) which of those should I use? And why are there future dates available for me to choose? Maybe it's obvious and I'm just missing something. Date Time Of Last Edit: 2025-12-08 17:32:09
|
| [2025-12-08 17:19:05] |
| John - SC Support - Posts: 43352 |
|
Refer to the following for some general information on Futures Contracts: https://www.investopedia.com/terms/f/futurescontract.asp For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2025-12-08 17:41:13] |
| User584084 - Posts: 314 |
|
Exp means expired. Those contracts are expired. The current front month contract for Gold is February 2026. All futures contracts traded are at least 1 month or more in the future. Trading for the December 2025 contract ended in November. There are 2 types of futures contracts 1: Cash Settled 2) Physical Delivery. Gold is Physical Delivery. If you hold Gold after trading ends in November, you would be required to take physical delivery of 100 oz of Gold. Most retail brokers do not allow physical delivery, so they would liquidate your position before that happens. The GC contract is a 100 oz per contract. 1 point up or down is $100. The Micro Gold Futures MGC contract is a 10 oz per contract. 1 point up or down is $10. You want to trade the contract with the most volume and open interest. You can determine that by going to Bar Chart or CME Group. Bar Chart usually defaults to the contract with the most volume. CME group has the calendar for when trading ends and delivery begins. https://www.barchart.com https://www.cmegroup.com/markets/metals/precious/gold.volume.html Date Time Of Last Edit: 2025-12-08 17:46:27
|
To post a message in this thread, you need to log in with your Sierra Chart account: