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Direct MessagesDate/Time: Tue, 16 Apr 2024 20:03:03 +0000
Global Profit/Loss Management how it works?
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| [2015-08-23 01:09:28] |
| GPST10 - Posts: 139 |
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Can you guys explain how exactly it works? Basic thinking would be when last calculation based on bid or ask meets the target - market order is sent out to offset the position. What about second entry PROFIT VALUE AFTER TRIGGER ? How it matters if first sends out FLATTEN? Thanks |
| [2015-08-23 05:53:48] |
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Documentation is still in progress, but what we already have started is here: Global Profit/Loss Management You will notice some pretty heavy warnings about the feature. We will repeat them. Use with caution! And understand how it works! 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 Date Time Of Last Edit: 2015-08-23 05:54:13
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| [2015-08-23 19:40:50] |
| GPST10 - Posts: 139 |
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If trigger value is set to 10 (for example), profit value after the trigger is set to 10 (for example) - means it will send out only after daily net profit will show 20 - is that correct assumption? Will it work if profit value after the trigger left blank, would it default to 0 for instantaneous send? Thanks Date Time Of Last Edit: 2015-08-23 19:42:17
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| [2015-08-24 00:03:30] |
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This means that when a Daily Net Profit of 10 in the currency of the account has been reached, all positions will be flattened. Will it work if profit value after the trigger left blank, would it default to 0 for instantaneous send? For an instantaneous flatten you should use a value of 10. This has been clarified here: 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, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2015-08-24 00:03:39
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