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Date/Time: Fri, 29 Nov 2024 00:58:22 +0000



How to 'Chart the ES, trade the MES'

View Count: 399

[2023-03-16 10:51:58]
User132992 - Posts: 34
Hello support team,
I’ve had some advice from a senior trader that I need to ‘chart the ES, trade MES’ rather than just charting and trading MES. Apparently, this is possible to do in SC using the ‘Trade and current quote symbol (Action)’ function on chart settings menu under the 'Symbol' tab. I’ve entered the correct MES contract into the 'Trade and current quote symbol' field but when I then go to my attached trade window, 1 point still equals $50 as if Im still trading the ES. If I'm trading the MES, shouldn't 1 point = $5?
Much appreciated,

ND
[2023-03-16 13:13:45]
SierraTraders - Posts: 69
join https://discord.gg/nhCUJ9YfSn may be able to assist
[2023-03-16 15:24:20]
John - SC Support - Posts: 36350
You need to update the Currency Value per Tick for that chart when you are using a Trade and Current Quote Symbol. Refer to the information here:
Chart Settings: Updating Currency Value per Tick for Trade Symbol
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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