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Date/Time: Thu, 28 Nov 2024 21:33:25 +0000



Trade Window not showing correct Position Price and PnL with Micro EUR futures

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[2023-03-29 10:09:38]
rishi5001 - Posts: 3
Hi, I am trying to trade Micro EUR futures (M6E) whilst charting on the regular EUR futures chart (6E). I have this setup in a similar when trading S&P E-Mini futures where I chart on the E-minis (ES) but trade the micros (MES) and it works fine.

However when doing this with the micro EUR futures, the trade window is pulling incorrect info from somewhere to determine the wrong entry price which then feeds into wrong PnL and also means the Trade Lines do not show up on screen. It works correctly in simulation mode but not when live.


For example, when trading the main EURUSD Futures contract (6E) the Pos Qty@Price tab will show 1@1.09055 and will display the correct PnL.
However, when trading the micro EUR contract (M6E) the Pos Qty@Price tab will show 1@0.00011 which then shows at ridiculously large Open PnL. If I go down to that price area on the chart, it shows the orders at those levels


HOWEVER, when checking the Open Trade Positions or the Trade Activity log after the trades are closed, it seems it correctly recording them as the Micro EUR contract with the correct entry prices, exits and PnL etc. It just seems to be that the Sierra Chart Trade window is pulling it in wrong. I am using Rithmic for an APEX account which is also correctly recording the prices/PnL as it should be.

I have made sure that the Global Symbol settings have been updated from the server and have not made any changes to the tick settings or multiplier etc. If i trade the full size EUR contract then it works correctly with no issues, showing the Entry line and TP/SL lines also.

Is there some setting I need to adjust for trading the micros? I have screenshots ready to go of everything if needed but the instructions say not to post them here. I have checked the other posts but not found anything exactly like this issue.

Thanks

Rishi
[2023-03-30 14:11:14]
Sierra_Chart Engineering - Posts: 17206
This issue has to do with a different price multiplier used for the micro contract. The general solution for it is explained here:
Sierra Chart Teton Futures Order Routing: Using Trade Symbol
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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