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Date/Time: Sat, 27 Apr 2024 04:28:57 +0000



Feature request: 1 click trade to desired position

View Count: 2243

[2013-05-31 14:00:08]
T44 - Posts: 363
Suggestion to improve order entry. Traders are likely more interested in what position they want, than the mechanics of trading into that position.

Sierra supports buy / sell a predetermined quantity. But what about a feature to change the net position in the selected chart/contract to a predetermined quantity?

ie 5 user customisable buttons, as shown. User starts off flat, presses "-5", sells 5 at market. Later, user wants to be long 15, so presses "+15" and Sierra cancels all open orders and places a buy 20 at market order. Requesting a zero position would be the equivalent of the existing "flatten" button.

Bonus if these buttons can be linked to keyboard hotkeys.

This feels more intuitive than the user first needing to work out the difference between current position and desired position, changing of quantities, and multiple clicks. This is especially challenging for traders managing multiple short term positions in different contracts.
imageinterface_suggestion.png / V - Attached On 2013-05-31 13:59:40 UTC - Size: 1.4 KB - 629 views
[2013-05-31 17:48:39]
Sierra Chart Engineering - Posts: 104368
A 0 position is just equivalent to the already existing Flatten button.

Is there any other support for this idea?
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, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing

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