Support Board
Date/Time: Fri, 03 Jan 2025 00:43:16 +0000
Traded evaluator Simulator
View Count: 452
| [2023-02-24 16:21:19] |
| User122612 - Posts: 1 |
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I've purchased package 11 and I have a founded account with Edge clear. I am not interested at this point in real trading but only simulated trading. I find it very confusing as to which of the modes are simulated as not all show a clear 'Sim' sign, for example 'Trading Evaluator'. I don't have experience in trading and very scared that I will trade live by mistake, as I have a funded account and supplied them with my SC user name. but at the same time I would like to practice on real time data simulator if that's an option. also when I open the DOM it doesn't let me do simulated trading, I was/am on Trading evaluator (trading) mode in which to my understanding is a simulator. Please can you clarify the above for me. |
| [2023-02-24 16:53:40] |
| John - SC Support - Posts: 36966 |
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The Trading Evaluator is a Simulation environment, but it does not show as "Sim" within the software. Keep in mind we have a few simulation options. One is the Trading Evaluator, but there is our older, built-in, Simulation Mode. When you are in "Simulation Mode" the trades are handled directly within the Sierra Chart software and you can see the "Sim" information so you know you are in Simulation Mode. But since the Trading Evaluator service has you place trades to our simulation server, you can NOT be in Simulation Mode within the software, which is why you no longer get the "Sim" information. The best way to know that you are using the Trading Evaluator is by having your Trading Account displayed on the Chart/Trade DOM and making sure that the account name that you setup with the Trading Evaluator is very different from your real trading account (maybe even include the term "Sim" in it somewhere). Refer to the following setting to display the Trading Account on the Chart and Trade DOM (in the upper left corner): Global Trade Settings Windows: Display Trade Account on Chart/Trade DOM (Global Settings >> Chart Trade Settings >> General >> Other) For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2024-10-17 23:00:06] |
| User103448 - Posts: 74 |
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referting to this thread Post #20 New Super Enhanced Trade Simulation Service "Rising Trailing Drawdown, Explained to you by a Leeloo Trader Each Evaluation Subscription plan has a specific max drawdown amount. For example, the 12 Contract account, which is also $100,000.. has a max draw down of $3000. This means that the max you can lose is $3000 from the highest profit point (OPEN EQUITY, not closed profit), that your account reaches at any moment. For example, you begin the first day with $100,000.. and the max you can lose is $3000 or a low of $97,000. You place your first trade and the active trade is in profit $600.. your max drawdown always TRAILS the profit peak in real time.. so now the max drawdown is $97,600. ($100,600- $3000 = $97,600). However.. you have not closed the trade yet.. and by the time you close the trade you only made $100 profit. Your max drawdown remains at $97,600- even though you only have $100,100 in the account. (because at one time during an active trade you reached a peak of $100,600). The max drawdown always trails by $3000 from the highest point. This is why, during the evaluation phase, you need to try and take profit as best you can when presented the opportunity." Was there any solution to make this work? As nowadays there is a big usage of propfirm, i would be happy to test automated systems in a real trailing drawdown enviroment. |
| [2024-10-17 23:52:31] |
| John - SC Support - Posts: 36966 |
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This is not implemented in our Simulated Futures Trading Service.
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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