Support Board
Date/Time: Wed, 27 Nov 2024 18:28:55 +0000
Average position changing on DOM when scaling out
View Count: 362
| [2023-07-24 22:34:33] |
| User623839 - Posts: 108 |
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When averaging down into a position (long) How do I set up my DOM so that the average position price stays the same and does not move after I scale out of my contracts. (example) If buy one contract at 10 then one again at 5 then one again at 2 my average should be 5.66 but when I start to scale out, one at a time, the average price changes on the DOM and moves around after each sell order. It should always stay at the same 5.66 after I average down? Then my scale outs should be based on the 5.66 average. Please advise on how I need to set this up Much Thanks! |
| [2023-07-25 12:53:26] |
| Sierra_Chart Engineering - Posts: 17198 |
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There are different settings for this, refer to: Trading Information Windows: How Average Price for Positions Is Calculated and Used You will want to use this one: Use Flat to Flat Open Position Average Price 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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