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Date/Time: Wed, 12 Mar 2025 06:08:37 +0000



Post From: flat to flat open position average price calculation

[2019-04-03 21:55:57]
Sierra Chart Engineering - Posts: 104368
This is a perfectly valid Position Average Price calculation method and it has been relied on by some Sierra Chart users for a long time now. If you do not like it or you do not agree with it, then simply do not use it. Not sure what the purpose of the post is. There are several other calculation methods you can use instead.

There will not be any changes to it because it is done correctly. It was recently reimplemented but the calculation method is the same, but we will double check that. We are not going to change the name either because that is the name that has been used for a long time now. And it does indicate that it is performing a calculation from flat to flat using the fill prices that match with the side of the position.

This is what you are telling all of the users who have relied on this for the last seven years or so and who understand and want that calculation method:
. However, not only is this incredibly unintuitive, during all my years trading, I have not once used a futures trading platform that computes the flat to flat open position like this; in fact, i have yet to see even a single crypto platform/exchange calculate flat to flat like this.

Now if we have made a mistake in the recent reimplementation of it we will correct that but looking at it now, it does not appear so.
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: 2019-04-03 22:01:54