Login Page - Create Account

Support Board


Date/Time: Sat, 15 May 2021 10:56:23 +0000



[Sticky] - New Super Enhanced Trade Simulation Service

[2021-04-23 08:22:37]
Sierra_Chart Engineering - Posts: 1145 | Ending Date: 2021-09-29
We are finally ready to release our new greatly enhanced and much easier to use server-side trade simulation service.

We will be posting the details here. We would should have this ready to be released at the end of the day Friday but we will see. Should not be later than the end of the day Monday.

We will put together an instructional video.

This new service, allows you to create accounts directly within Sierra Chart, and share them with other users either with read/write or read only access.

And an upcoming feature is to publicly share your trading results. This will all be accessible within Sierra Chart.

The old service is going to be shut down before the end of May. The old service is what is documented here:
https://www.sierrachart.com/index.php?page=doc/SimulatedFuturesTradingService.php

That documentation linked above is still relevant, but the service is going to be greatly enhanced.

We will provide migration instructions for those users using that service.

More details to follow...

Most of the needed functionality to use the new service exists in version 2251 but more work is needed that we hope to complete by the end of the day Friday, 2021-04-23.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation
Date Time Of Last Edit: 2021-04-24 01:08:31
[2021-04-23 09:25:28]
Sierra Chart Engineering - Posts: 96236 | Ending Date: 2022-04-10
The below information has been updated and corrected:

One thing to be aware of if you are using the existing Simulated Futures Trading service, is that all of the order fill history, orders and positions will be migrated over but not account balances. You will be able to re-create the same account balance though.

One of the most important changes, is that trade accounts are created and managed directly within Sierra Chart and have no connection at all any longer to our web-based services. Everything is direct to the trading server.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
Date Time Of Last Edit: 2021-04-23 09:51:46
[2021-04-23 21:54:01]
58LesPaul - Posts: 159 | Ending Date: 2021-08-07
The link in the first post shows an error.

Is this suppose to replace Chart Replay or something totally different?

Thanks
[2021-04-24 01:08:50]
Sierra Chart Engineering - Posts: 96236 | Ending Date: 2022-04-10
We apologize for that. The link is corrected.

No, this does not replace chart replay. It is a server-based trade simulation system which supports a true and realistic simulation environment which allows the filling of orders when Sierra Chart is not running, allows you to share your trading activity, and monitor others trading activity and collaborate.

For example, maybe you want to evaluate the performance of others to determine if they should be given a funded trading account. And this will also be possible with live trading as well.

And also prevent someone from altering trading activity. So it provides a good track record of trading.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
Date Time Of Last Edit: 2021-04-24 01:12:17
[2021-04-24 02:43:41]
Sierra Chart Engineering - Posts: 96236 | Ending Date: 2022-04-10
We will be releasing the new functionality this evening 2021-04-23 .
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
[2021-04-26 08:42:16]
Sierra Chart Engineering - Posts: 96236 | Ending Date: 2022-04-10
We will put together documentation and a basic video today for the new functionality.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
[2021-04-27 21:01:46]
Sierra Chart Engineering - Posts: 96236 | Ending Date: 2022-04-10
Updated documentation:
https://www.sierrachart.com/index.php?page=doc/SimulatedFuturesTradingService.php#SetupInstructions

As can be seen, the setup of a trading account is extremely simple. If you want to share the account with another user that can be done through Read-Only or Read/Write Sharing tabs. You just simply add the Sierra Chart account name/username of the other user.

You will still always be the authorized user and the only one who can adjust account balances unless you make them an authorized user.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
Date Time Of Last Edit: 2021-04-27 21:04:15
[2021-04-27 23:01:04]
Ticks - Posts: 33 | Ending Date: 2020-11-28 [Expired]
Is there a feature to apply a Rising Trailing Max Drawdown?
Which is the type of rule used by some evaluators like LeeLoo.
https://support.leelootrading.com/kb/a44/rising-trailing-max-drawdown-explained.aspx
[2021-04-28 00:46:28]
Sierra Chart Engineering - Posts: 96236 | Ending Date: 2022-04-10
Yes definitely this is supported. It is this setting (Trade >> Trade Account Monitor >> Edit Trade Account>> Main):
UseTrailingAccountValueToNotAllowIncreaseInPositions

We need to document it and we want to add a separate trailing amount for it. Right now it relies upon the daily loss limit value for the trail amount, but we have to look at the code again to confirm.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
Date Time Of Last Edit: 2021-04-28 02:01:46
[2021-04-28 02:21:33]
Ticks - Posts: 33 | Ending Date: 2020-11-28 [Expired]
UseTrailingAccountValueToNotAllowIncreaseInPositions
The LeeLoo and EarnToTrade Rising Trailing Max Drawdown doesnt prevent an increase in positions and isn't based on the daily lost limit.
LeeLoo trails the highest open equity value while in a trade intraday.

While EarnToTrade Rising Trailing Max Drawdown calculates on highest account value after a trade is closed.
It would be good to have both options available and to be able to set the max drawdown amount.
Date Time Of Last Edit: 2021-05-06 01:53:06
[2021-05-05 03:31:25]
Sierra_Chart Engineering - Posts: 1145 | Ending Date: 2021-09-29
In version 2254, Trade >> Trade Account Monitor >> Manage >> Edit Trade Account >> Symbol/Product Limits and Symbol Commissions are now functional.

The settings related to Master Firm Control Account are for our own use and for clearing firm use. So they are not applicable and it is not possible for the individual users to set an account to be a master firm control account.

It is not possible to create trade accounts any longer on the old system and the old system will be shut down May 31, 2021.

When the new functionality was released April 23, we took a copy of the orders, positions and order fills from the existing systems for both the real time and delayed trade simulation services.

Basically to migrate to the new system what you do is you just create an account on the new system which uses the same account identifier you had on the old system and then you will have access to all the existing orders, positions and order fill history.


Instructions:
https://www.sierrachart.com/index.php?page=doc/SimulatedFuturesTradingService.php#SetupInstructions


If anything appears to be missing let us know. We can copy over any missing history from the old system. It is recommended when you transition, to do this when all of your positions are flat.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation
Date Time Of Last Edit: 2021-05-05 03:33:56
[2021-05-05 03:52:38]
j4ytr4der_ - Posts: 368 | Ending Date: 2021-05-30
Did the video get posted anywhere? I'd really like to see what's new, I hadn't noticed any changes in the last week and I use the service every day.
[2021-05-05 05:06:35]
Sierra_Chart Engineering - Posts: 1145 | Ending Date: 2021-09-29
No we did not yet do a video yet. We are still finishing with some of the master firm control account functionality..

It really would not have said anything more than is in the documentation at this point.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation
Date Time Of Last Edit: 2021-05-05 05:07:23
[2021-05-06 02:40:20]
Ticks - Posts: 33 | Ending Date: 2020-11-28 [Expired]
A video is needed as I am unable to locate the ability to create a sim account based on a template.
[2021-05-06 09:33:05]
Sierra_Chart Engineering - Posts: 1145 | Ending Date: 2021-09-29
Templates are not supported. Is this for a simulation trade account which is to be monitored by someone else?
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation
[2021-05-06 16:46:32]
j4ytr4der_ - Posts: 368 | Ending Date: 2021-05-30
Templates for regular users would be REALLY nice. I like to setup different accounts for different areas of work, focusing on specific setups, strategies, etc. But I always want the same basic starting parameters and I wish I could use a template to quickly just bang out a new account any time.
[2021-05-06 19:28:06]
Sierra_Chart Engineering - Posts: 1145 | Ending Date: 2021-09-29
We will see about duplicating existing accounts and basing a new trading account on them. We will look into that later.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation
[2021-05-07 01:56:45]
Ticks - Posts: 33 | Ending Date: 2020-11-28 [Expired]
Templates are not supported. Is this for a simulation trade account which is to be monitored by someone else?
No, I wanted to see if there was a LeeLoo or Earn2Trade template available and practice using their template rules to practice before taking one of their evaluations.
[2021-05-07 02:33:31]
Sierra Chart Engineering - Posts: 96236 | Ending Date: 2022-04-10
No there is not a template for these.

The LeeLoo and EarnToTrade Rising Trailing Max Drawdown doesnt prevent an increase in positions
This does not make sense. Otherwise, what would be the purpose of Rising Trailing Max Drawdown? It would be effectively meaningless. It has to do something.

isn't based on the daily lost limit.
LeeLoo trails the highest open equity value while in a trade intraday.

While EarnToTrade Rising Trailing Max Drawdown calculates on highest account value after a trade is closed.
Is it a fixed trailing currency amount? We need further details.

It still is not clear how this works.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
[2021-05-07 03:56:23]
Ticks - Posts: 33 | Ending Date: 2020-11-28 [Expired]
It still is not clear how this works.
Direct quote from LeeLoo website.
Rising Trailing Drawdown, Explained to you by a Leeloo Trader
Each Evaluation Subscription plan has a specific max drawdown amount. For example, the 12 Contract account, which is also $100,000.. has a max draw down of $3000.
This means that the max you can lose is $3000 from the highest profit point (OPEN EQUITY, not closed profit), that your account reaches at any moment.
For example, you begin the first day with $100,000.. and the max you can lose is $3000 or a low of $97,000. You place your first trade and the active trade is in profit $600.. your max drawdown always TRAILS the profit peak in real time.. so now the max drawdown is $97,600. ($100,600- $3000 = $97,600). However.. you have not closed the trade yet.. and by the time you close the trade you only made $100 profit. Your max drawdown remains at $97,600- even though you only have $100,100 in the account. (because at one time during an active trade you reached a peak of $100,600). The max drawdown always trails by $3000 from the highest point. This is why, during the evaluation phase, you need to try and take profit as best you can when presented the opportunity.

Hopefully the direct link below will help explain how it works.

https://support.leelootrading.com/kb/a44/rising-trailing-max-drawdown-explained.aspx
Date Time Of Last Edit: 2021-05-07 04:02:53
[2021-05-08 06:34:42]
Sierra Chart Engineering - Posts: 96236 | Ending Date: 2022-04-10
Regarding post #20, we will look that over.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
[2021-05-09 07:28:24]
Sierra Chart Engineering - Posts: 96236 | Ending Date: 2022-04-10
In this post we have described the calculation method for enforcing a position limit:
https://www.sierrachart.com/SupportBoard.php?PostID=265327#P265327

This functionality is the same for simulated trading and also for the upcoming direct CME order routing. A common code base is used.

To set a position limit with the Trading Evaluator or the Trading Evaluator-Delayed services, follow the instructions below:

The below instructions also assume you have already created a trading account on the new enhanced trade simulation service (Trading Evaluator service).

1. Update to the latest pre-release (2255):
https://www.sierrachart.com/index.php?page=doc/SoftwareDownload.php#FastUpdate

2. Select Trade >> Trade Accounts Monitor.

3. In the list of accounts, select the account that you want to edit and you want to set the position limit on.

4. Select Manage >> Edit Trade Account on the Trade Accounts Monitor menu.

5. From the menu at the top select Symbol/Product Limits.

6. In the drop down list box below "Add New Symbol Limits" , select a particular symbol/product you want to add a limit for.

7. Click on the [Add] button twice. You know that you clicked on the button, when you see an * momentarily appear to the left of (button) on the left.

8. The symbol will then be in the Current Symbol Limits list above.

9. Set the Trade Position Limit to what you want. Needs to be a positive number and applies equally to long or short positions.

10. Repeat steps 6 through 9 for other symbols as necessary.

11. Press the Commit button. You should then get a prompt indicating the commit is successful. There is only a need to commit, after adding/modifying/removing the product limits for one or more symbols.

You have now successfully set a symbol limit for your trade account for that symbol/product.

----
Offer:

We are putting out an offer, that the first Sierra Chart user who is able to overcome this position limit and create a position which exceeds the Position Limit you have set for a symbol, and provides instructions on how to do so, will be provided one year of free Sierra Chart usage time.

Try doing things like increasing one side of the Attached Orders (Target or Stop), to greater than the position limit and see if you can do that.

If you are able to do this, just simply post here with the information. And then we will verify.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
Date Time Of Last Edit: 2021-05-09 09:24:37
[2021-05-09 09:51:22]
Sierra Chart Engineering - Posts: 96236 | Ending Date: 2022-04-10
Try doing things like increasing one side of the Attached Orders (Target or Stop), to greater than the position limit and see if you can do that.
We notice that you can increase the quantity of the Attached Orders without restriction before they have filled, but that quantity is not real and will just get replaced with the parent order quantity when the Attached Orders become active.

There is a very deliberate design and safety checks to ensure the child/Attached Orders do not exceed the parent order quantity.

But we are going to look into this some more. The operation really needs to be disallowed.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
Date Time Of Last Edit: 2021-05-09 20:19:25
[2021-05-11 07:13:44]
Sierra Chart Engineering - Posts: 96236 | Ending Date: 2022-04-10
Version 2256, supports deleting a trade account through Trade >> Trade Account Monitor >> Manage >> Edit Trade Account >> Manage Trade Account >> Delete Trade Account (Button).

2258 supports duplicating a trade account. Trade >> Trade Account Monitor. Select the trade account in the list and then select Manage >> Duplicate Trade Account.

By duplicating a trade account, you can use existing accounts as a template.

If you do not use a trade account any longer, then please delete it. It will not remove the history. You can always re-create the account to get back access to the history. We will automatically delete accounts, if they have been inactive for more than six months.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
[2021-05-11 20:01:44]
User852559 - Posts: 24 | Ending Date: 2021-06-11
In 2258 when using Sim1 account (I haven't managed anything with the account through the new features...this is just a default Sim1 account) I am able to exceed my global position limit (in this case set to 5 contracts). If I hit flatten and cancel once my position exceeds the global limit, only the attached orders are cancelled, but the position is not flattened. I have to manually close contracts until I am below the global limit and only then can I use flatten and cancel to flatten the position entirely. Is this expected behavior or do I need to change settings somewhere? Thanks
[2021-05-11 20:05:03]
j4ytr4der_ - Posts: 368 | Ending Date: 2021-05-30
The global position limit being discussed here only applies to the Sim Futures Trading Service, as far as I am aware.
[2021-05-11 20:09:26]
Sierra Chart Engineering - Posts: 96236 | Ending Date: 2022-04-10
The Global Position Limit does not work with Sierra Chart Trade Simulation Mode.

What we are referring to is position limits on individual symbols when using this service:
https://www.sierrachart.com/index.php?page=doc/SimulatedFuturesTradingService.php#Introduction

Regarding post #25, we need to know what limits you have set for orders and positions and on what symbols and where specifically.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
Date Time Of Last Edit: 2021-05-11 20:11:23
[2021-05-13 07:20:53]
cnev - Posts: 12 | Ending Date: 2022-02-13
Hi, I am using installation 2258 in the evaluation environment and it wont allow me to switch onto Sim Mode. I can activate SIM from chart replay still.
[2021-05-13 13:21:48]
John - SC Support - Posts: 7818 | Ending Date: 2022-04-04
That is correct, you can not use Simulation Mode in combination with the Trading Evaluator Service. They both serve the same function, therefore there is no need to switch to Simulation Mode when you are connected to the Evaluator.

If you really want to be in Simulation mode, then you would need to change your service either to your regular trading service, or to SC Data - All Services.
[2021-05-13 16:44:05]
j4ytr4der_ - Posts: 368 | Ending Date: 2021-05-30
To be clear cnev, you don't use "sim mode" if you want to use the Simulation Service. "sim mode" is only used if you want to do replays since you cannot do replay/backtests with the sim service. The simulation service is essentially treated the same as any other live account.

I barely ever touch the built-in sim mode anymore, unless I am doing a replay for some reason... usually to test out a spreadsheet or other study I'm working on.
[2021-05-13 22:38:45]
Ticks - Posts: 33 | Ending Date: 2020-11-28 [Expired]
Im looking forward to when a LeeLoo, Earn2Trade or Uprofit templates are available so i can start training to prepare to take one of their funding evaluation test.
[2021-05-14 00:38:16]
j4ytr4der_ - Posts: 368 | Ending Date: 2021-05-30
I think the intended approach is that you create your own "template" for whatever rules you want to have apply, and then you can just clone/duplicate that "template account" and name it whatever you want, and use it for whatever purpose. I don't know that SC intends to provide us templates, in fact I don't really see that being a sensible thing for them to spend time on when there are only a few rules, and any of us could set them up for a given combine in a few minutes.
[2021-05-14 01:28:41]
Ticks - Posts: 33 | Ending Date: 2020-11-28 [Expired]
@j4ytr4der_
I think the intended approach is that you create your own "template" for whatever rules you want to have apply, and then you can just clone/duplicate that "template account" and name it whatever you want, and use it for whatever purpose.
Until SC can provide or fulfill the ability for myself or a funding company to apply the rule in post #20 then your "thinking"approach is invalid.

I don't know that SC intends to provide us templates, in fact I don't really see that being a sensible thing for them to spend time on when there are only a few rules, and any of us could set them up for a given combine in a few minutes.
From post#4 For example, maybe you want to evaluate the performance of others to determine if they should be given a funded trading account.

Also a screen shot in their documentation shows an Apteros (a funding company) template being chosen.
Perhaps you should just stick to the concerns and needs that you have and let the needs of other SC customers get heard and resolved by the SC team.
Without the degrading of other peoples ideas or needs to what you think is "sensible" or not.
Date Time Of Last Edit: 2021-05-14 01:33:11
[2021-05-14 14:40:48]
j4ytr4der_ - Posts: 368 | Ending Date: 2021-05-30
Wow. OK fine I shall not comment on anything of yours. And to think, I had the sense this was a public forum open to all...
[2021-05-15 05:47:28]
Ticks - Posts: 33 | Ending Date: 2020-11-28 [Expired]
And to think, I had the sense this was a public forum open to all...
That's the problem with people like you.
You like to degrade, insult and demean other peoples ideas as a means to silence/censor them.
Then you will screech the idea of a "public forum open to all... " when you are told to mind your own business and not degrade or insult other peoples ideas that don't fall in line with yours.
Date Time Of Last Edit: 2021-05-15 05:52:34
[2021-05-15 08:51:49]
binaryduke - Posts: 283 | Ending Date: 2021-06-04
Ironic that a user with an expired SC account that is looking to train on sim using evaluator rules prior to taking a trader evaluation (and by implication is likely not trading live) is strongly presenting their needs as important on a board that is for users of Sierra Chart...

To post a message in this thread, you need to login with your Sierra Chart account:

Login

Login Page - Create Account