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Date/Time: Sat, 27 Apr 2024 03:31:51 +0000



Daily Net Profit Management

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[2020-10-17 10:35:35]
HenKer - Posts: 8
Hi Team

I have to admit I hugely struggle to make sense of your descriptions of Daily Net Profit Management on this page:
Global Profit/Loss Management

No offence, but I've read the descriptions of the different profit triggers at least 15 times and I still don't understand it. It is written in such a convoluted way I urge you to re-write it so it's easier to understand for your customers. Please include examples that show what you would enter into all four boxes and the outcomes you would get.

Could you please help me set the triggers to allow for the following simple targets:
- When hitting 150 profit ensure that positions get flattened once I hit 0 (i.e. once my profit is over 150 I can no longer end the day on a loss as I select lock after positions flattened)
- When hitting 270 profit flatten my positions

There are four boxes to fill in under Daily Net Profit Management, could you please let me know what values to enter into each?

Many thanks in advance
[2020-10-17 22:18:37]
Sierra Chart Engineering - Posts: 104368
The problem is what you are looking for is not supported and that is why you make the statement "convoluted" since you are trying to fit the documentation with what you want to do , and it does not make sense in your mind because it does not support what you want to do.
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
[2020-10-17 22:50:28]
HenKer - Posts: 8
Thanks for taking the time to respond but you still haven't explained the purpose of the 4 boxes and what each means. The documentation is not clear at all. The Daily loss function is very easy, there's one box. Why have 4 boxes under daily profit?
I have no problem with the fact that I can't do what I want to do but at least tell me what I can do
[2020-10-18 18:43:27]
HenKer - Posts: 8
I've figured it out, thanks

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