Support Board
Date/Time: Sun, 12 Jan 2025 15:43:51 +0000
Profit Loss Display
View Count: 4968
| [2013-05-17 13:01:27] |
| User37170 - Posts: 29 |
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Plse see attached file
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 SC Support ProfitLoss Display.jpg / V - Attached On 2013-05-17 13:01:09 UTC - Size: 50.24 KB - 586 views |
| [2013-05-18 01:11:04] |
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Refer to this page: http://www.sierrachart.com/index.php?l=doc/helpdetails77.html 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 |
| [2013-05-22 16:17:04] |
| User37170 - Posts: 29 |
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FOREX MARKET Hi, I am still juggling with settings to get the P/L displays right. Take the USD-JPY. It seems that when displaying P/L the PIP value is multiplied by the LOT size. So a profit of 28t displays as 279992.98 [ file xxx2.jpg] . I cant seem to influence this. I did manage to get a correct display in the Trade Stats by changing LOT size to 100 for a trade of 49 pips profit - but this cannot be the correct way to go. [ file xxx4.jpg ]. Files xx5 and 6 just show my settings. What am I missing...?? |
| SC Support ProfitLoss Display 2.jpg / V - Attached On 2013-05-22 16:13:38 UTC - Size: 76.11 KB - 450 views SC Support ProfitLoss Display 4.jpg / V - Attached On 2013-05-22 16:13:52 UTC - Size: 72.35 KB - 441 views SC Support ProfitLoss Display 5.jpg / V - Attached On 2013-05-22 16:14:09 UTC - Size: 69.18 KB - 458 views SC Support ProfitLoss Display 6.jpg / V - Attached On 2013-05-22 16:14:28 UTC - Size: 72.69 KB - 410 views |
| [2013-05-22 21:56:29] |
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You need to set the Currency Value Per Tick in Chart Settings to .005. It needs to match the Tick Size exactly.
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 |
| [2013-05-23 09:33:37] |
| User37170 - Posts: 29 |
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FOREX - USD JPY Final Question -pse see attached file. |
| SC Support ProfitLoss Display 7.jpg / V - Attached On 2013-05-23 08:04:18 UTC - Size: 95.65 KB - 389 views |
| [2013-05-24 00:16:05] |
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How have you set the Currency Value Per Tick and the Tick Size in Chart >> Chart Settings?
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 |
| [2013-05-24 08:57:31] |
| User37170 - Posts: 29 |
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.005 for both.
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| [2013-05-24 14:12:14] |
| User27944 - Posts: 10 |
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You get the result in JPY (USD/JPY) not in USD. This is true for all pairs/markets that are not priced in USD. So 43 ticks times 0.05 ticksize equals 2.15 pips. At 10000 every pip equals 100 JPY. So you get 2150 JPY. PL is correct therefore. If you wish to calculate PL in USD you can't as yet use trade stats, you have to do this through a study.
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| [2013-05-24 15:42:35] |
| User37170 - Posts: 29 |
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So you are saying I must change the "tick value" to .05 and the "currency value per tick " to .05 and find some other way of monitoring profit and loss because the entries into the trade stats report are added as mere numbers not as values associated with the actual account denomination......thereby making the totals nonsense for FOREX TRADING. Hmm ! Messy.
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| [2013-05-24 16:17:58] |
| User27944 - Posts: 10 |
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Should be 0.005 (i made a typo, sorry). 43 ticks times 0.005 equals 2.15 pips. Yes, this is correct. Results are measured as per market, not as per your account denomination. Although I do believe this is possible with Currenex. The same for futures/stocks/etc. It is possible to use a study/multiple studies to put all traded instruments on a common PL currency. Essentially it is simple artihmetics of divide or multiply by last price. Depending on what you want to achieve, this does create some overhead though (additional charts / studies). When using cross pairs (ie not inclusing USD) like EURJPY or AUDCAD and you want common PL in USD, overhead will increase quite substantially. |
| [2013-05-24 16:53:10] |
| User37170 - Posts: 29 |
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Gotcha. Disappointing tho. Will investigate further. Its so annoying to have to continually do a whole lot of mental arithmetic to keep track of trading results relative to equity ...and it is critical the numbers are dead accurate. I would of thought software is there to take this sort of drudgery away... Thank you anyway.
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| [2013-05-24 17:42:13] |
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Sierra Chart does have the ability to report PL in a common currency. There is a setting for this in Global Settings >> General Trade Settings. Although it is not supported currently with the FXCM data feed or trading service. We can switch it on. It is a new feature and we have been hesitant to use it because it does create some additional processing. We will turn it on in the next release. There should be one out this evening. We were noticing that the calculations were correct, but did not really occur to us that the values were in the quoted currency. Which is always the currency on the right of the symbol. 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: 2013-08-12 20:57:09
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| [2013-08-12 18:00:13] |
| JordiE - Posts: 38 |
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Hi, Support Team, I hope you're fine... Concerning your comments above: "...Although it is not supported currently with the FXCM data feed or trading service. We can switch it on. It is a new feature and we have been hesitant to use it because it does create some additional processing. We will turn it on in the next release. There should be one out this evening." Have these issues changed up todate ? Does FXCM-FIX support to have PL in a common Currency, when setting it (Common Profit/Loss Currency) in the General Trade Settings ? Did you turned it on as announced above ? From which Version on ? Using FXCM may I have all P/L numbers on the Trading Activity Log in U$D, for example, trading USDJPY ? Thanks so much in advance for your reply Have a nice evening ! Jordi Date Time Of Last Edit: 2013-08-12 20:58:10
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| [2013-08-12 21:13:48] |
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FXCM FIX does support using a common currency for PL reporting within a chart. This has been out for more than 2 months. Make sure you are on the current version. For more information about this feature, refer to the documentation here: http://www.sierrachart.com/index.php?l=doc/doc_GlobalTradeSettings.html#CommonPLCurrency 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 |
| [2013-08-13 08:37:29] |
| User37170 - Posts: 29 |
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Hi, Downloaded latest SC version. However P&L still reflects a trade [GPB-JPY] in yen not account denomination of Dollars. My 'General Trade Settings" shows "USD" Service being used "SC Forex Data" Enable FIX logging is checked. |
| [2013-08-13 09:30:47] |
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We apologize. We do see a problem with the conversion of Profit/Loss numbers to the specified common currency for the FXCM Data and Trading services. We are resolving this now.
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 |
| [2013-08-13 10:45:17] |
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Update to the latest prerelease with Help >> Download Prerelease The conversion to the common PL currency will be functional.
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 |
| [2013-08-13 10:55:06] |
| JordiE - Posts: 38 |
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Thanks Support Team..! Conversion to the common PL currency will also be functional in Paper-Trading / Reply ? Best regards Jordi |
| [2013-08-13 11:01:13] |
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Yes.
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 |
| [2014-08-20 10:40:45] |
| phaedonk - Posts: 352 |
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I am using SC Forex Data (FXCM) and have selected EUR in Common PL currency. While I can see the PL in EUR in the Trade Windows (note: only when I select Currency Value& Points in Chart settings, otherwise if I select Currency Value there is nothing shown next to DailyPL, is this a bug?), in Trade Stats for Charts I do not get converted numbers, just the respective currencies, e.g. JPY in GBPJPY and USD in EURUSD. Not only that, but the Sim Totals adds those different currencies to get a single number that makes no sense at all. I am using v1166. |
| [2014-08-22 01:59:12] |
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We do not see this problem. It works fine for us: http://www.sierrachart.com/image.php?l=1408672806179.png Make sure you are connected to the data feed. If you are not, then this feature cannot work. We will make sure the documentation says this. in Trade Stats for Charts I do not get converted numbers, just the respective currencies, e.g. JPY in GBPJPY and USD in EURUSD. Not only that, but the Sim Totals adds those different currencies to get a single number that makes no sense at all. Yes, this makes sense.So you should not be displaying trade statistics for multiple symbols with different currencies. The result will not make sense. We see that there is no conversion to the common currency in Trade Statistics. Not quite sure why that is not the case, but there are no plans to add this now. 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: 2014-08-22 02:54:32
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| [2014-08-23 08:49:09] |
| phaedonk - Posts: 352 |
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It works fine for you because the profit digits are too few. If it was +600EUR it would not fit. As for the trade stats and PL in different currencies, since you have already written the code for the conversions for TW, it should probably be easy to implement in Trade statistics. Please do when you find the time, it would be helpful. |
| [2014-08-23 17:38:44] |
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If it was +600EUR it would not fit. Looks like it would fit to us.Post an image showing us this. 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 |
| [2015-10-12 01:18:38] |
| Vizhouz - Posts: 6 |
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Hey, does common currency work with OEC data/trade service?
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| [2015-10-12 01:43:42] |
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We see that it does not currently support OEC FIX, but we will add support for it in the next release coming out by morning.
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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