Support Board
Date/Time: Tue, 15 Apr 2025 12:39:20 +0000
Need help with Daily Net Profit Management
View Count: 136
[2025-04-10 19:50:57] |
User01337 - Posts: 37 |
I've been trying to set daily net profit trigger to flatten positions at given value but it always flattens too early. Also I'm seeing inconsistent values. Why does the log say my profit was 121C when it was only 99C? Date Time Of Last Edit: 2025-04-10 19:51:08
|
![]() |
[2025-04-10 19:55:31] |
User01337 - Posts: 37 |
Settings
|
![]() ![]() |
[2025-04-10 20:31:23] |
User01337 - Posts: 37 |
Maybe this is just some inaccuracy in chart replay?
|
[2025-04-11 16:14:12] |
Sierra_Chart Engineering - Posts: 19226 |
The current net profit/loss is a summation of the Daily Net PL values from the Trade Statistics for Charts tab for the unique symbols for the trade account.: Trade Activity Log: Trade Statistics for Charts (Chart Stats) Tab The value of 121 is what you entered. 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 |
[2025-04-11 19:11:37] |
User01337 - Posts: 37 |
Yes it's the value I entered but it flattened at 99C.
|
[2025-04-11 21:57:28] |
Sierra_Chart Engineering - Posts: 19226 |
We do not know how you are coming to that conclusion, and it really is impossible from our perspective to be analyzing this and this is fully outside the scope of our support. Refer to: Global Profit/Loss Management One explanation is that once the order that closed the position filled, it filled at a price which gave a different profit/loss value based on it filling against the current bid or ask. 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 |
[2025-04-12 03:16:33] |
User01337 - Posts: 37 |
I'm coming to that conclusion because as you can see from my screenshot, the daily PNL is 99.
|
[2025-04-14 15:10:25] |
Sierra_Chart Engineering - Posts: 19226 |
You actually need to look at the order fill prices. Refer to the Trade Activity Log: Trade Activity Log: Trades Tab 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 |
[2025-04-14 15:44:44] |
User01337 - Posts: 37 |
Okay. How is the NPL number on the corner calculated?
|
[2025-04-15 06:34:54] |
Sierra_Chart Engineering - Posts: 19226 |
This is all explained very thoroughly here: Global Profit/Loss Management: How Daily Net Profit/Loss is Calculated for a Trade Account 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 |
To post a message in this thread, you need to log in with your Sierra Chart account: