Login Page - Create Account

Support Board


Date/Time: Wed, 30 Apr 2025 07:29:51 +0000



Adding positions

View Count: 52

[2025-04-22 11:23:07]
User811567 - Posts: 4
I don't want subsequent orders on a given security to be added together. For example, when I open 1 contract at 9:00 and 1 contract at 9:30, I would like them to be two separate positions to manage. How to do it?
[2025-04-22 13:02:12]
User135243 - Posts: 79
you have to know that the exchange works with the FIFO (first in, first out) principle, so you cannot let the first run and close the second
[2025-04-22 15:09:11]
John - SC Support - Posts: 39559
Sierra Chart does not have a way to manage the positions separately. When you add to an existing position, that position is updated to the Position Average Price of the individual orders.

You can control how that Position Average Price is calculated. Refer to the following:
Chart Settings: Open Position Average Price (Chart >> Chart Settings >> Trading menu)

Any attached orders for a position can be managed separately. Make sure the option for "Scale In" is NOT enabled. This will allow you to view the separate orders.

There is also the option for "Trade >> Only Orders From Chart" that will allow you to only see the working orders that were entered from that chart. This would allow you to view and manage those orders from separate charts. Refer to the following:
Trade Menu: Only Orders From Chart (Trade menu)
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:

Login

Login Page - Create Account