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Date/Time: Tue, 16 Apr 2024 11:03:51 +0000



Order Allocation

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[2021-11-24 16:12:49]
Daniel Widmar - Posts: 24
Hello Guys,

so i set up a order allocation trade account for testing. I did Sim 1 to Sim 2 (Allocation Accounts )
Placed a Sell Market order with Sim 1 Account and than clicked on flatten Sim 1. So far so good. Than i changed to Sim 2 to check if the order got copied. But than i had an active open long position in Sim 2.

This is not what i want. I want that all trades get copied so that i can trade multiple accounts simultaneously.
[2021-11-24 16:37:25]
Daniel Widmar - Posts: 24
Hi, i also tested it in Replay Mode. Did a Sell Stop Market with Target and Stops.

All orders executed in Sim 1 worked perfect as supposed than i changed to Sim 2 and nothing there. Orders not executed and all orders still on the chart.
[2021-11-27 04:03:56]
Sierra_Chart Engineering - Posts: 13940
We are testing for the issue described in post #1.


Orders not executed and all orders still on the chart.
This is definitely expected during a replay for the reasons described here:
Trade Simulation: Why Fill and Order Prices Can Be Wrong or Unexpected /
Orders Do Not Fill When Expected


It would not be an issue with live trading.
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, use the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2021-11-27 04:04:08
[2021-11-27 04:52:27]
Sierra_Chart Engineering - Posts: 13940
Regarding post #1, we cannot reproduce the issue. The Flatten operation is applied to the additional order allocation accounts.

What we recommend that you do is with the chart you are trading from and have set up the Order Allocation on, duplicate that chart. In the duplicated chart, set the Trade Account to the account you are allocating orders to.

Instructions:
Basic Trading and the Trade Window: Main/C >> Trade Account (Selecting Trade Account for Chart / Trade DOM)

Then you can monitor, what is happening to the other account.
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, use the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2021-11-27 04:53:06
[2021-11-29 11:08:03]
Daniel Widmar - Posts: 24
Hello, still got big Problems with the Order Allocation. Trades are not copied correctly. It's a big mess.
I did Sim 1 to Sim 2 (Allocation Accounts )


1. Still shows Order Confirmation Window. All Confirmation unchecked!

2. Once order got triggered and i change the orders on chart sim1 for example change my stop or target. it does not change on Sim2

3. Buy or Sell Market Order without attached orders. Got triggered on Sim1 and copied at Sim2. Did a buy market order and afterwards a Sell Limit as Target and Sell Stop as my Stop. When moving my Sell Limit and Sell stop on Sim1 it does not change on Sim 2. Once the Sell limit or Sell stop got triggered on Sim1 and it gets not triggered on Sim2. So i´m still in the trade on Sim2. Than i flatten the order on SIm1 and on Sim 2 it triggers a sell order.

4. Same Problems with all other order types. With attached orders or without attached orders.

This is so bad. How should i trade this on an live account?
[2021-11-29 17:48:49]
John - SC Support - Posts: 30870
1. This is something we know about and will get to changing. But for now, you will get the confirmation when using the Order Allocation option.

2. This is also a known item, in that the modification of child orders will not update to the other account(s).

3. Same thing as #2.

4. This sounds the same as #2, but if it is something else, then let us know.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-11-29 21:34:47]
Daniel Widmar - Posts: 24
And what is the solution for these Problems?


1. Limit order in Sim1 gets triggered but not on Sim2? This problem occurs with every order type

For example: Buy Stop Limit order gets executed in Sim1 but order gets not copied in Sim2.

2. Market orders gets executed in Sim1 and also copied in Sim2 but when stop order from Sim1 gets triggered it does not get copied in Sim2. Instead i'm still in the trade and so i have to flatten the position. Next i'm long or short with an ordern in Sim2

For example: Buy market Order in Sim1, ok everything ok. Order got gets executed in SIm1 and Sim2. So now it hits the Target Sell limit Order. Everthing ok in SIm1 but in Sim2 i'm still in the trade. Sell Limit Order don't get copied in Sim2. So i need to get out. Flatten is the only option. When i click flatten on Sim1 it will execute a sell market order in Sim2. And i'm still in the trade.

Come on guys this makes Allocation Accounts totally useless.
[2021-11-29 22:40:11]
John - SC Support - Posts: 30870
The one area where you have us wondering is whether you are creating a Market Order with Attached Orders and the Attached Orders are not taking you out of the position in the Sim2 account. Let us know if you are having issues with this particular situation.

Otherwise, it may not be what you want, so you should not use it. We recognize that it is a fairly simple implementation at this point, and we want to improve it, but there are just other items on our list to get done first.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-11-30 10:11:40]
Daniel Widmar - Posts: 24
It just works with Market Orders to get into the market and it just works with flatten the order to get out of the position.


To summarize it: It does not work with any other order type. Not with limit or stop orders. Not with or without Attached Order.


Is this implementation supposted just to work with market Orders? Because i tried every single order type. Or is there something i did not set up correctly?
[2021-11-30 17:12:39]
Daniel Widmar - Posts: 24
Buy stop limit order in Sim1 gets filled, when i flatten this position it will execute a sell market order in Sim2. So i'm out in Sim1 but i'm also short in Sim2


This is crazy. Why does this happen?
[2021-12-01 16:07:49]
Daniel Widmar - Posts: 24
Please i need support! Still no reply ?
[2021-12-01 17:04:18]
John - SC Support - Posts: 30870
We are checking on the situation.

The one thing we can say is that when the primary order is a market order and there are attached orders, everything should work properly, although it is possible that in Simulation Mode the orders may not get evaluated.

It would be best to try your various scenarios with the Trading Evaluator Service to see if the options you are wanting will work in live trading, as that is a much closer simulator than Simulation Mode. Refer to the following:
Simulated Futures Trading Service
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-12-02 15:57:21]
User191165 - Posts: 28
Hi John, I too have setup order allocation as instructed. Using 1x Master & x2 copy accounts. The order placement works fine for both bracket & non bracket orders.
The issue I am having is when I manage my stop & have also tried moving my limit/take profit on the DOM, it obviously works fine for the Master Dom, but the x2 slave DOM orders fail to ammend accordingly.

Any ideas?

Regards

Baz
[2021-12-02 17:54:12]
John - SC Support - Posts: 30870
The Order Allocation to Trade Accounts does not currently support changing the child orders and having them update to the other accounts.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-12-03 13:30:17]
User191165 - Posts: 28
Thanks John,

I appreciate how busy the Sierra team are. Is this something that could be implemented?
The Order Allocation facility is great.
Having to manage a master & various child accounts at the same time whilst in a trade
is a risk management nightmare and could be very dangerous.

Kind regards
[2021-12-03 16:33:53]
John - SC Support - Posts: 30870
We want to do some work in this area, but are just very busy with lots of other things at the moment.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-12-10 06:21:38]
User99735 - Posts: 234
Those interested in a Custom study based solution to copy positions across multiple accounts, please get in touch via Direct Message.

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