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Direct MessagesDate/Time: Fri, 19 Apr 2024 01:37:59 +0000
circuit breaker
View Count: 1516
| [2018-04-15 17:51:26] |
| cacoucou - Posts: 4 |
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I would like to transition from my existing platform AlphaTrader to Sierra but I will be missing features which are key in managing my trades and avoid mistakes (manual trading on numerous instruments of variable sizes at the same time) max position per instrument: most important if said qty is reached, prevent to pass further trades on that instrument. if opened qty is below the limit and new upcoming order would override the limit, then also prevent the upcoming order to happen max trade size : set a max qty per order, in order to avoid fat fingers and manipulation errors. if trade qty entered is too high, correct it to max qty (or avoid it and ask to reenter apropriatly) hopefully, those protections can make their way into Sierra ? thx |
at.jpg| [2018-04-16 13:30:41] |
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The Trade Position limit is being worked on and we can also add an order quantity limit as well. Just allow about another 1 to 2 months.
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: 2018-04-16 13:30:48
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| [2018-04-21 12:28:50] |
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The limits for Positions and Order Quantities has now been released in version 1735: https://www.sierrachart.com/index.php?page=doc/Whats_New.php#SCVer1735 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 |
| [2018-04-23 21:58:17] |
| cacoucou - Posts: 4 |
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Thanks for the effort ! Here are a few remarks: 1) about the order quantity limit, maybe there should be an exception when the Flatten button is used. Right now, if this limit (alone) is set at 2, then you buy a quantity of +2 three times, it won’t allow you to flatten since it would equal a -6 order. This is understandable but maybe not practical since one could consider the need to flatten as an emergency measure. 2) same remark for “Trade position limit”. Once the limit is exceeded, it becomes impossible to flatten the position with the Flatten button ...which can be quite stressful ... Actually, about “Trade position limit”, I am sorry to report that it has a random behavior. For instance, if I set the limit at 3, I can manage to buy +1 six times before it locks up. I tried other combinations, and often I can exceed the limit. ... Last, I am not sure what you tried to achieve by “Trade position limit”, is that the maximum count of trades on the same side ? if so, such protection has a limited use since by modifying quantities there are so many combinations possible to trick it I believe a “max position quantity“, which I requested in my initial message, would be more useful, simple for you and secured (more relevant tighter protection about global exposure) exemple : limit = 4 +1 +1 +2 (3 consecutive orders) would be accepted but +1 +1 +3 ....the last +3 order would be rejected because otherwise it would exceed a quantity of 4 from the same side +2 +1 +4 ...the last +4 would be rejected as well Thanks for your time |
| [2018-04-24 01:38:27] |
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First we need you to log into this Support Board with your active account with Help >> Support Board. Actually, about “Trade position limit”, I am sorry to report that it has a random behavior. For instance, if I set the limit at 3, I can manage to buy +1 six times before it locks up. I tried other combinations, and often I can exceed the limit. We need the steps to duplicate this. We do not see how this is possible.I believe a “max position quantity“, which I requested in my initial message, would be more useful, simple for you and secured (more relevant tighter protection about global exposure) exemple : limit = 4 +1 +1 +2 (3 consecutive orders) would be accepted but +1 +1 +3 ....the last +3 order would be rejected because otherwise it would exceed a quantity of 4 from the same side +2 +1 +4 ...the last +4 would be rejected as well 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: 2018-04-24 01:39:08
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| [2018-04-25 11:55:17] |
| cacoucou - Posts: 4 |
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I have recorded a video to show you the steps undergone https://screencast-o-matic.com/watch/cFfTXsbleC Today is different than the other day, because I am allowed to enter endlessly despite the limit. Only flattening is prevented I tried to trade the other way (long). No difference The other day, I was prevented to enter at some point but way past the set quantity limit |
| [2018-04-29 10:48:04] |
| cacoucou - Posts: 4 |
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I think the latest release takes my remarks into account so thank you for that I am still noticing a bug in a very special configuration. let me describe it now symbol = EURUSD still trade position limit = 6 order quantity limit = 3 these settings should allow me to build up a position within a range of +/-6 quantity from the Trade Window, if I do not use Attached Orders, it works just fine +3 +2 -2 -2 -2 -2 -2 works as expected and builds up to +5 then down to -5 however, if I tick ”Attached Orders“, choose the basic “SimpleBracket” strategy, then proceed to the same order sequence ...then on the way down, my global position is stuck at -1 and will never reach -5 I am noticing that kind of problem only when using ”Attached Orders”, never on naked trades |
| [2018-05-01 09:33:22] |
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however, if I tick ”Attached Orders“, choose the basic “SimpleBracket” strategy, then proceed to the same order sequence ...then on the way down, my global position is stuck at -1 and will never reach -5 You are not testing this properly. You need to enable scale in and scale out. Otherwise, the result is totally correct. Refer to: Attached Orders: Scaling In 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 |
| [2020-12-09 11:26:44] |
| mazzy /| blast - Posts: 54 |
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The limits for Positions and Order Quantities has now been released in version 1735: https://www.sierrachart.com/index.php?page=doc/Whats_New.php#SCVer1735 This is good but insufficient to address other situations. It is a fixed restriction that does not take into account the evolution of the account balance if the account size grows or decreases. I wish you could implement a new alternate parameter which would manage the max & order position sizes automatically based on a setting of global max leverage applied to the account, which would thus evolve with the evolution of the balance to adjust itself. Sort of a user based custom dynamic margin requirements based on a given general risk parameter (leverage) chosen. It would be applied as an overlay of the exchange margin requirements, just like your other risk settings already in place, but differently. Please consider it. Date Time Of Last Edit: 2020-12-09 11:29:44
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