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Date/Time: Thu, 02 May 2024 06:42:41 +0000



How to ensure correct P&L results when trading a portfolio of currencies

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[2016-01-05 15:42:14]
User754985 - Posts: 109
Hi,

when trading EUR.JPY, AUD.JPY and EUR.USD with IB (paper) I can see that SC treats all trade outcomes as USD.

For JPY-based symbols I have tried to input "JPY" in "Global Symbol settings/Additional/Currency" and in "symbol settings/Internal" added "fxcm" as "data service code" and input AUDJPY, EURJPY and EURUSD in "SC data symbol" but all this has not changed the behavior.

Where/how can this be changed?

Best
E.
[2016-01-05 16:11:33]
Sierra Chart Engineering - Posts: 104368
It is not possible when using Interactive Brokers to report the Profit/Loss values using a common currency.
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
[2016-01-05 16:57:37]
User754985 - Posts: 109
How come? If the balance/available equity info comes from IB, then it does come correctly, in the "account currency".

I am using Multicharts in parallel and all results are reflected both in the instrument quote currency and account currency.
This might indeed be calculated internally by the software but the total account equity is definitely updated from the broker and does show correct values..
[2016-01-05 18:23:46]
Sierra Chart Engineering - Posts: 104368
This is not available in Sierra Chart when using Interactive Brokers. If Sierra Chart does not meet your requirements, then we recommend using another program.

Sierra Chart does not use any Profit/Loss information from Interactive Brokers.

However, the Account Balance Data is provided from Interactive Brokers . Refer to:
https://www.sierrachart.com/index.php?page=doc/doc_TradeStatusWindows.html#BalanceTab

Reporting Profit/Loss values in a common currency is supported with the Sierra Chart Forex/ Data Service:
Sierra Chart Real Time and Historical Forex and CFD Data Service

https://www.sierrachart.com/index.php?page=doc/doc_GlobalTradeSettings.html#CommonPLCurrency
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: 2016-01-05 18:35:49
[2016-01-05 18:34:47]
Sierra Chart Engineering - Posts: 104368
The prior response has been updated.
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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