Support Board
Date/Time: Sun, 24 Nov 2024 08:53:20 +0000
[Locked] - New Super Enhanced Trade Simulation Service
View Count: 12330
| [2021-04-23 08:22:37] |
| Sierra_Chart Engineering - Posts: 17154 |
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We are finally ready to release our new greatly enhanced and much easier to use server-side trade simulation service. We will be posting the details here. We would should have this ready to be released at the end of the day Friday but we will see. Should not be later than the end of the day Monday. We will put together an instructional video. This new service, allows you to create accounts directly within Sierra Chart, and share them with other users either with read/write or read only access. And an upcoming feature is to publicly share your trading results. This will all be accessible within Sierra Chart. The old service is going to be shut down before the end of May. The old service is what is documented here: Simulated Futures Trading Service That documentation linked above is still relevant, but the service is going to be greatly enhanced. We will provide migration instructions for those users using that service. More details to follow... Most of the needed functionality to use the new service exists in version 2251 but more work is needed that we hope to complete by the end of the day Friday, 2021-04-23. 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: 2021-04-24 01:08:31
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| [2021-04-23 09:25:28] |
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The below information has been updated and corrected: One thing to be aware of if you are using the existing Simulated Futures Trading service, is that all of the order fill history, orders and positions will be migrated over but not account balances. You will be able to re-create the same account balance though. One of the most important changes, is that trade accounts are created and managed directly within Sierra Chart and have no connection at all any longer to our web-based services. Everything is direct to the trading server. 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: 2021-04-23 09:51:46
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| [2021-04-23 21:54:01] |
| 58LesPaul - Posts: 429 |
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The link in the first post shows an error. Is this suppose to replace Chart Replay or something totally different? Thanks |
| [2021-04-24 01:08:50] |
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We apologize for that. The link is corrected. No, this does not replace chart replay. It is a server-based trade simulation system which supports a true and realistic simulation environment which allows the filling of orders when Sierra Chart is not running, allows you to share your trading activity, and monitor others trading activity and collaborate. For example, maybe you want to evaluate the performance of others to determine if they should be given a funded trading account. And this will also be possible with live trading as well. And also prevent someone from altering trading activity. So it provides a good track record of trading. 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: 2021-04-24 01:12:17
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| [2021-04-24 02:43:41] |
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We will be releasing the new functionality this evening 2021-04-23 .
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 |
| [2021-04-26 08:42:16] |
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We will put together documentation and a basic video today for the new functionality.
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 |
| [2021-04-27 21:01:46] |
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Updated documentation: Simulated Futures Trading Service: Setup Instructions As can be seen, the setup of a trading account is extremely simple. If you want to share the account with another user that can be done through Read-Only or Read/Write Sharing tabs. You just simply add the Sierra Chart account name/username of the other user. You will still always be the authorized user and the only one who can adjust account balances unless you make them an authorized user. 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: 2021-04-27 21:04:15
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| [2021-04-27 23:01:04] |
| Ticks - Posts: 183 |
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Is there a feature to apply a Rising Trailing Max Drawdown? Which is the type of rule used by some evaluators like LeeLoo. https://support.leelootrading.com/kb/a44/rising-trailing-max-drawdown-explained.aspx |
| [2021-04-28 00:46:28] |
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Yes definitely this is supported. It is this setting (Trade >> Trade Account Monitor >> Edit Trade Account>> Main): UseTrailingAccountValueToNotAllowIncreaseInPositions We need to document it and we want to add a separate trailing amount for it. Right now it relies upon the daily loss limit value for the trail amount, but we have to look at the code again to confirm. 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: 2021-04-28 02:01:46
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| [2021-04-28 02:21:33] |
| Ticks - Posts: 183 |
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UseTrailingAccountValueToNotAllowIncreaseInPositions
The LeeLoo and EarnToTrade Rising Trailing Max Drawdown doesnt prevent an increase in positions and isn't based on the daily lost limit.LeeLoo trails the highest open equity value while in a trade intraday. While EarnToTrade Rising Trailing Max Drawdown calculates on highest account value after a trade is closed. It would be good to have both options available and to be able to set the max drawdown amount. Date Time Of Last Edit: 2021-05-06 01:53:06
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| [2021-05-05 03:31:25] |
| Sierra_Chart Engineering - Posts: 17154 |
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In version 2254, Trade >> Trade Account Monitor >> Manage >> Edit Trade Account >> Symbol/Product Limits and Symbol Commissions are now functional. The settings related to Master Firm Control Account are for our own use and for clearing firm use. So they are not applicable and it is not possible for the individual users to set an account to be a master firm control account. It is not possible to create trade accounts any longer on the old system and the old system will be shut down May 31, 2021. When the new functionality was released April 23, we took a copy of the orders, positions and order fills from the existing systems for both the real time and delayed trade simulation services. Basically to migrate to the new system what you do is you just create an account on the new system which uses the same account identifier you had on the old system and then you will have access to all the existing orders, positions and order fill history. Instructions: Simulated Futures Trading Service: Setup Instructions If anything appears to be missing let us know. We can copy over any missing history from the old system. It is recommended when you transition, to do this when all of your positions are flat. 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: 2021-05-05 03:33:56
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| [2021-05-05 03:52:38] |
| j4ytr4der_ - Posts: 938 |
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Did the video get posted anywhere? I'd really like to see what's new, I hadn't noticed any changes in the last week and I use the service every day.
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| [2021-05-05 05:06:35] |
| Sierra_Chart Engineering - Posts: 17154 |
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No we did not yet do a video yet. We are still finishing with some of the master firm control account functionality.. It really would not have said anything more than is in the documentation at this point. 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: 2021-05-05 05:07:23
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| [2021-05-06 02:40:20] |
| Ticks - Posts: 183 |
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A video is needed as I am unable to locate the ability to create a sim account based on a template.
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| [2021-05-06 09:33:05] |
| Sierra_Chart Engineering - Posts: 17154 |
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Templates are not supported. Is this for a simulation trade account which is to be monitored by someone else?
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 |
| [2021-05-06 16:46:32] |
| j4ytr4der_ - Posts: 938 |
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Templates for regular users would be REALLY nice. I like to setup different accounts for different areas of work, focusing on specific setups, strategies, etc. But I always want the same basic starting parameters and I wish I could use a template to quickly just bang out a new account any time.
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| [2021-05-06 19:28:06] |
| Sierra_Chart Engineering - Posts: 17154 |
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We will see about duplicating existing accounts and basing a new trading account on them. We will look into that later.
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 |
| [2021-05-07 01:56:45] |
| Ticks - Posts: 183 |
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Templates are not supported. Is this for a simulation trade account which is to be monitored by someone else?
No, I wanted to see if there was a LeeLoo or Earn2Trade template available and practice using their template rules to practice before taking one of their evaluations.
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| [2021-05-07 02:33:31] |
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No there is not a template for these. The LeeLoo and EarnToTrade Rising Trailing Max Drawdown doesnt prevent an increase in positions This does not make sense. Otherwise, what would be the purpose of Rising Trailing Max Drawdown? It would be effectively meaningless. It has to do something. isn't based on the daily lost limit. Is it a fixed trailing currency amount? We need further details.LeeLoo trails the highest open equity value while in a trade intraday. While EarnToTrade Rising Trailing Max Drawdown calculates on highest account value after a trade is closed. It still is not clear how this works. 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 |
| [2021-05-07 03:56:23] |
| Ticks - Posts: 183 |
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It still is not clear how this works.
Direct quote from LeeLoo website.Rising Trailing Drawdown, Explained to you by a Leeloo Trader
Each Evaluation Subscription plan has a specific max drawdown amount. For example, the 12 Contract account, which is also $100,000.. has a max draw down of $3000. This means that the max you can lose is $3000 from the highest profit point (OPEN EQUITY, not closed profit), that your account reaches at any moment. For example, you begin the first day with $100,000.. and the max you can lose is $3000 or a low of $97,000. You place your first trade and the active trade is in profit $600.. your max drawdown always TRAILS the profit peak in real time.. so now the max drawdown is $97,600. ($100,600- $3000 = $97,600). However.. you have not closed the trade yet.. and by the time you close the trade you only made $100 profit. Your max drawdown remains at $97,600- even though you only have $100,100 in the account. (because at one time during an active trade you reached a peak of $100,600). The max drawdown always trails by $3000 from the highest point. This is why, during the evaluation phase, you need to try and take profit as best you can when presented the opportunity. Hopefully the direct link below will help explain how it works. https://support.leelootrading.com/kb/a44/rising-trailing-max-drawdown-explained.aspx Date Time Of Last Edit: 2021-05-07 04:02:53
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| [2021-05-08 06:34:42] |
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Regarding post #20, we will look that over.
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 |
| [2021-05-09 07:28:24] |
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In this post we have described the calculation method for enforcing a position limit: Now Released: Upcoming CME Direct Routing | Post: 265327 This functionality is the same for simulated trading and also for the upcoming direct CME order routing. A common code base is used. To set a position limit with the Trading Evaluator or the Trading Evaluator-Delayed services, follow the instructions below: The below instructions also assume you have already created a trading account on the new enhanced trade simulation service (Trading Evaluator service). 1. Update to the latest pre-release (2255): Software Download: Fast Update 2. Select Trade >> Trade Accounts Monitor. 3. In the list of accounts, select the account that you want to edit and you want to set the position limit on. 4. Select Manage >> Edit Trade Account on the Trade Accounts Monitor menu. 5. From the menu at the top select Symbol/Product Limits. 6. In the drop down list box below "Add New Symbol Limits" , select a particular symbol/product you want to add a limit for. 7. Click on the [Add] button twice. You know that you clicked on the button, when you see an * momentarily appear to the left of (button) on the left. 8. The symbol will then be in the Current Symbol Limits list above. 9. Set the Trade Position Limit to what you want. Needs to be a positive number and applies equally to long or short positions. 10. Repeat steps 6 through 9 for other symbols as necessary. 11. Press the Commit button. You should then get a prompt indicating the commit is successful. There is only a need to commit, after adding/modifying/removing the product limits for one or more symbols. You have now successfully set a symbol limit for your trade account for that symbol/product. ---- Offer: We are putting out an offer, that the first Sierra Chart user who is able to overcome this position limit and create a position which exceeds the Position Limit you have set for a symbol, and provides instructions on how to do so, will be provided one year of free Sierra Chart usage time. Try doing things like increasing one side of the Attached Orders (Target or Stop), to greater than the position limit and see if you can do that. If you are able to do this, just simply post here with the information. And then we will verify. 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: 2021-05-09 09:24:37
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| [2021-05-09 09:51:22] |
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Try doing things like increasing one side of the Attached Orders (Target or Stop), to greater than the position limit and see if you can do that. We notice that you can increase the quantity of the Attached Orders without restriction before they have filled, but that quantity is not real and will just get replaced with the parent order quantity when the Attached Orders become active.There is a very deliberate design and safety checks to ensure the child/Attached Orders do not exceed the parent order quantity. But we are going to look into this some more. The operation really needs to be disallowed. 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: 2021-05-09 20:19:25
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| [2021-05-11 07:13:44] |
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Version 2256, supports deleting a trade account through Trade >> Trade Account Monitor >> Manage >> Edit Trade Account >> Manage Trade Account >> Delete Trade Account (Button). 2258 supports duplicating a trade account. Trade >> Trade Account Monitor. Select the trade account in the list and then select Manage >> Duplicate Trade Account. By duplicating a trade account, you can use existing accounts as a template. If you do not use a trade account any longer, then please delete it. It will not remove the history. You can always re-create the account to get back access to the history. We will automatically delete accounts, if they have been inactive for more than six months. 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 |
| [2021-05-11 20:01:44] |
| User852559 - Posts: 40 |
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In 2258 when using Sim1 account (I haven't managed anything with the account through the new features...this is just a default Sim1 account) I am able to exceed my global position limit (in this case set to 5 contracts). If I hit flatten and cancel once my position exceeds the global limit, only the attached orders are cancelled, but the position is not flattened. I have to manually close contracts until I am below the global limit and only then can I use flatten and cancel to flatten the position entirely. Is this expected behavior or do I need to change settings somewhere? Thanks
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