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Date/Time: Sat, 21 Dec 2024 18:38:59 +0000



FXCM FIX MULTIPLE BRACKET ORDERS & P&L CALCULATION

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[2015-07-24 09:10:25]
S.O. - Posts: 25
I am trying to submit an order of 1,100,000 units on fxcm fix with 2 targets and one stop for all oco with move to breakeven at 6 ticks. I want to take profit on 550,000 units at 8 ticks and the other 550,000 should take profit at 50 ticks. everytime i place an order, it only submits one order of 550,000 units with one take profit at 8 ticks and one stop. even if i place the order twice at the same price, i still only see my size is 550,000 units with only one target at 8 ticks. my setup is...

Main parent order:
Limit
Quantity: 1100000
Time in Force: GTC

Targets:
Target 1|8T|Qty:550000|Lmt (Group: OCO Group 1, Quantity: 550000)
Target 2|50T|Qty:550000|Lmt (Group: OCO Group 2, Quantity: 550000)
Stop All|5T|Stop (Group: All OCO Groups, Move to Breakeven for Stop Type: Offset in Ticks Triggered, BE Level offset: 0, Trigger offset: 6, TIF: GTC)

Am i doing something wrong on the set up?

Also, when i am in a trade, the p&l will say something crazy, then when i exit the trade, the p&l reads normally. why is this? how do i get the p&l to ready normally as it does when i exit the trade?
[2015-07-24 11:10:43]
Sierra Chart Engineering - Posts: 104368
With what you describe, there are going to be 6 orders transmitted. Do you see 6 orders transmitted and accepted by FXCM? You need to look at the Trade Activity Log. Here are instructions:
https://www.sierrachart.com/index.php?l=doc/doc_TradeActivityLog.php#ViewingHistoricalTA

Later in the day, we will review the documentation for how Open Profit/Loss is calculated to make sure it is up-to-date and we will provide that to you.
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: 2015-07-24 11:10:58
[2015-07-24 13:18:01]
S.O. - Posts: 25
I'm attaching my trade activity log. please look at the orders from today, 7/24. particularly one placed at 3:40 (internal order id 16135). seeing that it was only entering with 550,000 units, i placed 2 orders by clicking twice on the DOM. it seems my second order (internal order id 16138) was canceled, not by me though.

the next order was at 4:31 (internal order id 16141 and 16144). there seemed to be a lot of activity in the background on this order.
Date Time Of Last Edit: 2015-07-24 17:40:50
Private File
[2015-07-24 20:47:04]
Sierra Chart Engineering - Posts: 104368
We see this order was canceled by FXCM 4 seconds after it was accepted:

Order  2015-07-24 03:40:22.007  EURUSD  FXCM order update (New)  16138  149958511  Limit  550000  Buy  1.0940    Open      3000058887  Open  
    
Order  2015-07-24 03:40:26.000  EURUSD  FXCM order update (Canceled). Info: Cancelled  16138  149958511  Limit  550000  Buy  1.0940    Canceled      3000058887  Open

Ask FXCM why this was the case. The FXCM order number for it is 149958511
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
[2015-07-27 18:16:11]
S.O. - Posts: 25
turns out my position size was too large. have you figured out why the floating p&l looks so crazy on the trade window and the trade profit/loss study?
[2015-07-27 19:11:18]
S.O. - Posts: 25
I figured it out. the currency value per tick in global settings for the symbol has to be the same as the tick size. so if tick size is .0001, currency value per tick has to be .0001. Also, to show floating p&l and ticks, it should be set to currency and ticks (ignore quantity). now it looks normal.
[2015-07-28 05:23:04]
Sierra Chart Engineering - Posts: 104368
We have updated the documentation here for the Open Profit/Loss calculation:

http://www.sierrachart.com/index.php?page=doc/doc_TradeWindow.html#OpenProfitLoss

It explains the calculation method and some other information.

After reading that if you still have a problem, we will need to understand this better. If you could provide a small screenshot showing it it'll give us a better idea of what you are seeing.
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

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