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Date/Time: Tue, 06 Dec 2022 08:39:36 +0000



Couple of Questions

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[2014-06-12 11:52:34]
dayman - Posts: 12
I have searched the board and the supplied documentation but I still have a couple questions.

1. When the P/L of a position is set to pts, what setting do I change to correct the P/L to correctly show pip quantity? What I mean is if I am trading a 1k lot, how do I show a 1 pip gain as 1.000 pips, instead of .1000 pips when trading EURUSD?. Conversely, what would I change to show a profit of 1.000 pips instead of 10.000 pips when trading USDJPY?

2. Is it possible to have the position P/L calculate based on the current bid price when long, and the ask price when short, instead of the spot price?

Thanks again for your help.
[2014-06-12 16:04:00]
Sierra Chart Engineering - Posts: 104293
1. It sounds like you want to set the Position Profit/Loss format to Ticks-Ignore Quantity. This is set in Chart >> Chart Settings >> Advanced Settings. Refer to:
http://www.sierrachart.com/index.php?file=doc/doc_ChartSettings.html#ProfitLossDisplay

This will be the same no matter what currency you trade.

2. No.
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: 2014-06-12 16:04:22
[2014-06-12 16:21:22]
dayman - Posts: 12
Thanks for your response. If I want it to factor in quantity though when trading multiple contracts, there is no way to manipulate the P/L pip values to reflect the size of the lot I am trading?
[2014-06-12 16:28:13]
Sierra Chart Engineering - Posts: 104293
You can do that by changing the Profits/Loss format to Ticks.

Refer to the documentation we linked to.
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

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