Support Board
Date/Time: Wed, 17 Sep 2025 09:11:11 +0000
Change Symbols
View Count: 659
| [2022-11-03 12:07:27] |
| User898917 - Posts: 31 |
|
Hello, I have 2 issues I would be grateful for some assistance. 1. When I selected the symbol for the new charts I setup, I could only find the ES CME MINI S&P 500, not MICRO. So I entered the symbol reference in the search field and renamed it ESZ22-CME[M]. However, I checked the tick value and found it set for the Micro @ $12.50, so I changed it to $1.25. I’m assuming that was an incorrect procedure which would cause problems and should be corrected before the account is connected to the CME for live trading. I have since discovered that the Micro I was looking for can be found under MES CME Micro Minis S&P 500 index, but I haven’t found how to replace the incorrect Mini symbol with the correct Micro to my newly set up charts, and I’m hoping I don’t have to start from scratch, as it took me some weeks to figure out how to setup and configure my Chartbook containing 8 Linked charts. Problem 2. I would like to place trades without attached orders or any bracket or OCO orders. I am able to place a Market Order with no Target & Stop Loss. I have unselected ‘Use Attached Orders’ and selected Market in the dropdown menu, although the top field of the Trade Window still shows SimpleBracket with no apparent option for Market Order. However, if for example, I have a Sell order that is losing by 10 ticks, and I want to place a Buy order at that losing Price Point while I wait for the Price to return to break even on the Sell position, instead of the Buy order appearing at the later losing Price Point, it simply cancels the Sell order at a loss without adding the Buy order. I tried all the Trade Window buttons to the same effect and found no solution in the Trade Documentation info. If you have a method or set up to solve this conundrum, I’d be grateful, thanks. |
| [2022-11-03 12:51:15] |
| User898917 - Posts: 31 |
|
Update for Problem 2. Hopefully, the following explanation will help. I have unselected 'Support Scale In & Scale Out.' Now, when I select any of the Buy buttons or right click to select Buy Market at a Price Point below the initial Losing Buy order position, it simply keeps adding a contract to the initial losing Buy Position instead of placing a new Buy contract at the currently lower Price Point. Example: Quantity of 1 Buy Contract at initial Price Point 100. The price drops to 50. Hence 1 Buy contract at a currently losing trade of 50 ticks. I then place a Buy Market order at that lower 50 Price Point, but instead of that trade appearing as a new Buy order at that 50 tick lower Price Point, the Buy order gets added to the initial Buy Contract at the higher 100 Price Point, which then amounts to 2 contracts at the 100 price. Thus doubling my initial loss instead of taking advantage of the lower price at 50 which is now moving back up to the 100 Price Point - ideally resulting in a 50 tick profit on the 2nd Buy contract while Breaking Even on the 1st. The other weird thing is, if I select the Buy Bid button at the 50 tick lower Price Point. The Buy order does appear at that entry point but, because the price is now rising back up, it is then immediately hit on Entry, but instead of remaining at that lower Entry Price Point and counting profitable ticks in my favour, the newly filled Buy order is again added to the higher Price Point of the Initial Contract. Over and again I try several ways to take advantage of the now rising lower price but end up adding more and more contracts to my original losing entry at the initial higher 100 Price Point. Thankfully, this is a Simulation account! |
| [2022-11-03 16:02:18] |
| John - SC Support - Posts: 41850 |
|
1. You can change the symbol for a chart by going to Chart >> Chart Settings >> Symbol and then updating the Symbol field on that page. Refer to the following: Changing the Symbol of a Chart: Changing the Symbol of a Chart or Trade DOM Through Chart Settings Sierra Chart only keeps a single position line. If you have buy 1 contract at 100, your position line will be at 100. But if you add a second buy contract at 50, the position line will then be at 75 (the average of the 2 contracts). Refer to the following: Chart Trading and the Chart DOM: Viewing Orders and Trade Position on the Chart / Trade DOM Trading Information Windows: How Average Price for Positions Is Calculated and Used For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
To post a message in this thread, you need to log in with your Sierra Chart account: