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Date/Time: Fri, 29 Mar 2024 00:07:10 +0000



Yen pairs cross

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[2013-12-02 15:35:18]
User59474 - Posts: 13
Hi,

I saw that when i enter a trade with an amount of 50k per example on the EURUSD, it's going normal(around 5$ per pip), but if it's a trade on a pair containing the yen, the same amount of 50k is like almost 500$ per pip. How can this be possible? i know it's related to yen pairs, but i can't understand why it's going this way, because i just came from metatrader, and it wasn't like that.

Please help
[2013-12-03 02:03:43]
Sierra Chart Engineering - Posts: 104368
Refer to step 7 here:
http://www.sierrachart.com/index.php?l=doc/helpdetails77.html
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

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[2013-12-05 11:33:24]
User59474 - Posts: 13
HI,

I tried that, but it doesn't fixed the problem. tried to put it in EUR which is my account currency and on None too, but still buying too much for the input order(50k). please help, i want to fix that before going live.
Thanks
[2013-12-05 16:53:07]
Sierra Chart Engineering - Posts: 104368
When you set Global Settings >> General Trade Settings >> Common Profit/Loss Currency, to EUR, and look at a Profit/loss value, what do you see after the number? You should see a single letter code and then followed by that "EUR".

After changing that setting you may need to reconnect to the data feed with File >> Disconnect and File >> Connect to Data Feed.
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: 2013-12-05 16:53:51
[2013-12-05 17:47:26]
User59474 - Posts: 13
I did what you said, disconnected, reconnected, etc. At the end of the profit/loss value, i have "P", not EUR.
;(

[2013-12-05 18:03:55]
Sierra Chart Engineering - Posts: 104368
Follow step 1 here:
http://www.sierrachart.com/index.php?l=doc/helpdetails77.html

You need to set the Position Profit/Loss format to Currency Value.
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: 2013-12-05 18:05:01
[2013-12-06 16:41:23]
User59474 - Posts: 13
I did what you said, Now i have EURC at the end of the profit loss, but not on all the charts, and the problem of big position size on yen pairs is still there, when i trade owith only 10k, it seems, i trade a position of much more then 100k. It's the same issue on gold, fra40, ger30, jpn225, ukoil, etc...
I'm disapointed ;(.
[2013-12-06 17:55:23]
Sierra Chart Engineering - Posts: 104368
Is the chart that shows EURC correct for the profit/loss value? If not, can you tell us the average price of the position, the position quantity, what you see for the PL, and the current Forex price.

For the other charts you also need to set the Position Profit/Loss to Currency Value as well.

We have added an additional week to your 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, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing

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