Support Board
Date/Time: Sun, 16 Mar 2025 02:51:59 +0000
Custom contract sizing in the Trade Window
View Count: 1086
| [2022-06-29 19:17:56] |
| User160847 - Posts: 5 |
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Hi, is it possible to change the contract sizing in the Trade Window so I'm actually executing different sizing than what is shown in the Trade Window. As an example, I'm trading the ES and I want to use a 4-lot, but I want to execute the 4-lot by clicking "1" in trade window (or using a hotkey) -- as opposed to "4". AND, I also want the P&L of such trade to reflect 1-lot sizing -- as opposed to 4-lot sizing. As an example, I enter a trade clicking "1" and capture 10 points...I'd like the P/L in the Trade Window to reflect 10P -- as opposed to the actual 40P I'm really capturing "behind the scenes". This is important for me to do and I'm willing to pay for its development if it can't be easily done. Thank you! |
| [2022-06-30 16:45:54] |
| John - SC Support - Posts: 38678 |
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When performing manual trades (not automated trading) the quantity set in the Trade Window is the quantity that you will purchase with each trade. If you want to do 4 - 1 lot trades, then you just set the quantity to 1 and enter 4 separate trades. If you want your Attached Orders to combine as if you had put in a single 4 lot trade, then you would need to use the Scale In and possibly Scale Out options. Refer to the following for setting the quantity: Chart Trading and the Chart DOM: Changing Order Quantity And refer to the following for Scaling In and Scaling Out: Attached Orders: Scaling Out To get your P/L to display as Points without Quantity, you just need to set the Chart Profit and Loss Format as Points ignore Quantity. Refer to the following: Chart Settings: Profit/Loss Format (List) (Chart >> Chart Settings >> Trading menu) For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-06-30 20:32:07] |
| User160847 - Posts: 5 |
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Hey John, thanks for the reply. Am I able to ‘ignore quantity’ on the display of the daily PL as well? To be clear, I want to ignore the quantity on both open PL AND Daily (realized) PL. To have both displayed as if I am trading 1 contract. If this can’t be done, is there reasoning why? And do you have any suggestions for a way to solve for what I’m looking for? Thanks! |
| [2022-06-30 21:34:23] |
| John - SC Support - Posts: 38678 |
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If you set the Profit and Loss Format to Points - Ignore Quantity then all the places that show P/L will be in that format for that chart.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-08-05 00:30:14] |
| User160847 - Posts: 5 |
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Hey John, per your advice I set the P/L format to Ignore Quanity. That works for the P/L displayed in the Trade Window. However, DPL (realized P/L) does NOT ignore the quanity -- it displays the P/L for whatver number of contracts were traded. Is there a way for the DPL to ignore the quanity also? Thank you. |
| [2022-08-10 13:38:22] |
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No and this is documented: Chart Settings: Profit/Loss Format (List) (Chart >> Chart Settings >> Trading menu) 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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