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Direct MessagesDate/Time: Sat, 27 Jul 2024 01:57:55 +0000
Average Entry Price and Closed Profit Mismatch
View Count: 226
| [2023-08-21 20:32:59] |
| FuturesBod - Posts: 15 |
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I have the option set for (I forget the exact name but) theoretical average price. Its the option that means that if I take 2 contracts and make a 4 point gain and sell one, then my breakeven price drops 4 points lower. This is really helpful when working a position to improve an entry price. So Box A shows the current working P&L from when the first contract was opened. However, the accrued P&L box (box B) updates each time a contract is exited. So the outcome is as follows... I had a trade with 43 points open profit and showing 102.25 points of closed profit. BUT when I close the trade I end up with 112.75 total closed profit. I'd much rather the closed P&L not update at all while the position is open and only update once the final contract is closed. Hopefully this makes sense. I feel like there is maybe an option I'm missing where I can set this. Many thanks. |
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| [2023-08-22 12:35:58] |
| Sierra_Chart Engineering - Posts: 15584 |
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There is no support for what you want. The Daily Profit/Loss processes all order fills immediately, and only supports two different calculation modes: Chart Settings: Use Last In First Out Fill Matching (Chart >> Chart Settings >> Trading menu) 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: 2023-08-22 12:36:30
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| [2023-08-22 12:55:25] |
| FuturesBod - Posts: 15 |
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Ah ok, thanks. Hopefully you can add this to a wishlist. It would really help those of us that work entries in the manner described. Perhaps an options like 'Update Closed PnL only when flat' Thanks again though, appreciate the response. |
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