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Date/Time: Sat, 23 Nov 2024 16:25:36 +0000



Teton - LIFO vs FIFO + Positions

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[2022-11-16 04:47:13]
DayTraderEsad - Posts: 121
Hey guys,

I have been trying to find this on support board but I am not having luck. Two things

1) I know in the chart settings under Trade - you can select FIFO vs LIFO and some other options
-- Does Teton support LIFO, is the avg price correct when it comes to LIFO?

2) Is it possible to who each individual position, for example. I have 5 lots on and I want to see each one to show what the PnL is instead of showing avg price

I currently have FIFO set-up with broker but am wanting to switch to LIFO so I can trade the initial position + trade around it.

Thanks for your help.
[2022-11-16 15:14:18]
Sierra_Chart Engineering - Posts: 17150
1. The Position Average Price that you see in the Trade Positions Window is based upon FIFO when using Teton and cannot be changed. But you can change this within the Trade Window:
Trading Information Windows: How Average Price for Positions Is Calculated and Used

2. Refer to:
Trading Information Windows: Only Single Consolidated Position Maintained and Displayed per Symbol and Trade 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, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2024-08-16 16:23:21]
User753526 - Posts: 51
Can I set up LIFO as a Global Setting or do I need to change the setting on each chart?
[2024-08-16 18:14:00]
Sierra_Chart Engineering - Posts: 17150
It is controllable per chart.

Although in the Trade Activity Log there is one setting for this:
Trade Activity Log

However, that is just for that particular location and not charts.
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, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2024-08-16 18:15:56]
User753526 - Posts: 51
Ok. Can I set my Trade Positions Window to LIFO also?
[2024-08-16 18:21:31]
Sierra_Chart Engineering - Posts: 17150
No that is not possible.
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, use the Teton service:
Sierra Chart Teton Futures Order Routing

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