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Date/Time: Sat, 27 Apr 2024 16:02:18 +0000



Entry price moved down for no apparent reason

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[2016-07-04 02:06:48]
User984378 - Posts: 8
Hello,
I'm coming from NT so still have to get my head around the SC Dom, although I much prefer it. Still managing multiple scale in's with their targets etc is still a challenge.
I just noticed that my entry price has moved for no apparent reason.
I checked the trade log and it says this:
Request open orders from trading service.
Update trade position quantity to -1 (i assume meaning 1 contract short).

Can you please explain why this happened?
Thank you
[2016-07-04 02:19:06]
Sierra Chart Engineering - Posts: 104368
This is all explained here:
https://www.sierrachart.com/index.php?page=doc/doc_TradeStatusWindows.html#HowAvgPricePositionsCalcUsed

Sounds like you will want to use the Flat to Flat Average Position Price calculation method which is explained.
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
[2016-07-04 02:38:17]
User984378 - Posts: 8
Ok thank you.
I believe this is in relation to how the average prices moves as you scale in or out. However in this case it moved without any buy or sell order being actioned. What could the reason be for that?
[2016-07-04 03:01:15]
Sierra Chart Engineering - Posts: 104368
There could have been a change with the Trade Service provided Average Position Price or the Trade Service provided Average Position Price could currently be used or not used compared to previously.

You can tell which one is being used simply by looking at Trade >> Trade Orders and Positions >> Positions.
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: 2016-07-04 03:06:12
[2016-07-04 03:15:42]
Sierra Chart Engineering - Posts: 104368
This section also should be helpful:
https://www.sierrachart.com/index.php?page=doc/doc_TradeStatusWindows.html#DeterminingWhetherFillCalculatedOrTradeServiceAveragePriceUsed
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
[2016-07-05 06:04:10]
User984378 - Posts: 8
Thank you for your help, it's rather complex and I will need to get my head around it first.
[2016-07-05 06:16:14]
Sierra Chart Engineering - Posts: 104368
What Trading service are you using Sierra Chart with?


We also recommend clearing the Trade Activity data for the Symbol and Trade Account if you notice anything inaccurate with the Position Average Price. Here are instructions:
https://www.sierrachart.com/index.php?page=doc/doc_TradeActivityLog.php#ClearingtheLog
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
[2016-07-05 06:21:00]
User984378 - Posts: 8
I'm currently using a CQG demo feed.
[2016-07-05 06:28:16]
Sierra Chart Engineering - Posts: 104368
CQG should provide an accurate Trade Position Average Price.
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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