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Date/Time: Wed, 26 Feb 2025 21:54:41 +0000



Unable to scale out when global position limit is met

View Count: 577

[2021-05-27 04:07:12]
9710276 - Posts: 24
DESCRITPION
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Unable to scale out when global position limit is met

STEPS
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1 -- Set global position limit (mine is set to 4)
2 -- Take trade, with multiple attached orders, at your limit (enter with 4 orders, 1 contract each)
3 -- Try to scale out (make sure “support scale in” and “support scale out” options are checked)
4 -- BUG >> Unable to scale out; nothing happens; you remain in the trade

TRADE LOG reads: “Order will cause Global Position limit of 4 to be exceeded.”

I didn’t have this problem until I upgraded to build 2256
[2021-05-27 05:46:02]
Sierra Chart Engineering - Posts: 104368
Update to the latest prerelease.

Instructions:
Software Download: Fast Update
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
[2021-05-27 14:18:36]
9710276 - Posts: 24
Verified problem exists in latest release -- build 2261.

While stuck in my trade I increased the global position limit from 4 to 5 and was able to start scaling out.
[2021-05-27 15:36:32]
Sierra Chart Engineering - Posts: 104368
You need prerelease 2264:
Software Download: Fast Update
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
[2021-05-28 02:41:12]
9710276 - Posts: 24
Tried to test this for you but pre-release 2264 does NOT honor the number of contracts set in the "use global trade position limit" field (under "global settings" > "symbol settings"). Fixing the global position limit issue would be a prerequisite to determining if the scale-out bug exists in the pre-release -- as it is part of the setup.
Date Time Of Last Edit: 2021-05-28 02:42:49
[2021-05-28 02:54:36]
Sierra Chart Engineering - Posts: 104368
It will not, for internal simulated trading (Trade >> Trade Simulation Mode On). That setting is not supported with simulated trading as the documentation says.
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
[2021-05-28 03:38:24]
9710276 - Posts: 24
Interesting: Every build I used prior to pre-release 2264 honored the global position limit. I guess the previous versions were not behaving as expected then.

Thanks
[2021-05-28 04:53:57]
Sierra_Chart Engineering - Posts: 18571
The global position limit was not expressly disabled for simulated trading in prior versions but it would not work reliably. Now it is expressly disabled.
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

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