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Date/Time: Wed, 22 May 2024 02:31:18 +0000



Bitmex Chart Trading - Wrong avg entry calculation

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[2019-07-04 15:27:05]
User513228 - Posts: 41
Hi, im chart trading on Bitmex, but sierra is wrong when calculate avg entry of position. For example:

First 10 contract long entry: 10 000
Second 10 contract long entry: 5 000

20 contract, Avg Entry: 7 500

Everything is okay but when i close half of position ( 10 contract ) at avg price 7500 Sierra shows avg entry at 5 000, meanwhile bitmex is still correct and avg entry is still at 7 500
[2019-07-05 15:21:00]
Sierra Chart Engineering - Posts: 104368
Refer to this section here:
Trading Information Windows: How Average Price for Positions Is Calculated and Used (How Average Price for Positions Is Calculated and Used)



There are various calculation methods and the ones that use a reverse iteration of order fills should be quite reliable so long as there are no missing fills.

Also what you describe does make sense if using a first in first calculation method.
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: 2019-07-05 15:23:05

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