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Date/Time: Fri, 10 Jan 2025 20:18:42 +0000



Using Sierra to trade through Interactive Brokers

View Count: 1078

[2016-09-30 01:34:41]
WilsonFisk - Posts: 5
I want to use Sierra Charts to trade my IB account.

1) Is it necessary to have the IB trader workstation running while I use my IB credentials to log into Sierra?

2) What about if I use Sierra real time data and use it to trade through IB...do I need to run the IB trader workstation?
[2016-09-30 04:02:35]
Sierra Chart Engineering - Posts: 104368
1,2. Yes. But you can use the Interactive Brokers gateway instead.
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
[2016-09-30 18:01:53]
OrderFlow - Posts: 26
thank you...do you have any further instructions on using the gateway?
[2016-09-30 18:30:32]
Sierra Chart Engineering - Posts: 104368
No. Interactive Brokers can refer you to the relevant documentation for that.
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
[2016-10-03 03:43:11]
WilsonFisk - Posts: 5
I was able to get the IB gateway up and running and successfully connect sierra charts to it.

I then used the sierra dome to execute a trade and got my fills both in and out of the trade but the pnl and open pnl on the dome have remained at zero both during and after the trade.

Any guidance on this?
[2016-10-03 04:52:15]
Sierra Chart Engineering - Posts: 104368
The only reason the Open Profit/Loss will be zero is if the Position Average Price is 0.

Refer to the section here about Position Average Price:
https://www.sierrachart.com/index.php?page=doc/TradeStatusWindows.html#HowAvgPricePositionsCalcUsed

Was the Average Price of the Position 0?
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: 2016-10-03 04:52:28
[2016-10-03 14:43:16]
WilsonFisk - Posts: 5
Problem solved...2 accounts were linked and the wrong account number was chosen from the account list on the dome drop down menu.

thank you!
Date Time Of Last Edit: 2016-10-03 14:44:03

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