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Date/Time: Mon, 16 Sep 2024 19:16:07 +0000



Post From: BackTesting Accuracy

[2015-10-25 08:31:26]
Sierra Chart Engineering - Posts: 104368
If Market orders are to be filled immediately then why are the entry prices different for BuyEntry and SellEntry?

The documentation you quoted answers this.

The entry criteria for both are based on a new bar opening?
This depends upon what your trading system does.

How the Bid and Ask prices that orders are filled against are set is documented here:
https://www.sierrachart.com/index.php?page=doc/doc_TradeSimulation.php#TradeSimulationBidAskPrices

As long as you are using tick by tick data, these are the actual bid and ask prices which are very accurate.

This is not a true statement:
if the market maker is filling asks or bids especially during the first 2 hours of trading

The Chicago Mercantile exchange is an exchange. It has no market maker.
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: 2015-10-25 08:32:41