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Date/Time: Wed, 27 Nov 2024 21:51:57 +0000



Order Allocation to Trade Accounts

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[2023-06-25 21:25:31]
User936721 - Posts: 10
Order Allocation to Trade Accounts

I wish to make an enquiry:

I am currently copying from one account (ref #16) to other accounts, under the same login (copy targets ref #17-25) - this works perfectly - copy multiplier is 1:1

I now wish to copy account #16 (same account as currently working) to additional accounts ie #26-30 - BUT at multiplier of 1:1.7 (ie 10 micros on #16 will trade 17 micros on #26-30.

I have a way to do this, using an external copier and another instance of SC, it's working, however it crossed my mind to ask you, it is possible to to this within the same SC instance that copies #16 > #17-25.

I thought I could set up my trade window on account #16, as I have now and copy to =17-25 @ copy multiplier of 1 as I have now - BUT then... in ADDITION
To open a new chart - connected to account #16 again - but this time to copy trades to #26-13, with copy multiplier @ 1.7 to give me the multiples that I need.

Would this work safely?

Please review and respond ASAP.


Of course, if this is OK and safe, could I also downgrade orders on account #16 to say accounts #31-35, by opening a further chart connected to #16, with copier set to copy to target #31-35, but at multiplier of say 0.6 - ie 10 micros, on #16 would open 6 micros on #31-35.


My hope is that I can use ONE account / trade window ie #16 with MULTIPLE copy targets - to varying target accounts, both INCREASING and DECREASING the lot size on trades #16.


I welcome your feedback.

Thank you[/b]
Date Time Of Last Edit: 2023-06-25 21:28:26
[2023-06-26 19:59:13]
John - SC Support - Posts: 36350
You can set the multiplier on a "per account" basis. So you can have all the accounts within a single chart using the "Order Allocation to Trade Accounts" and have the multiplier setup for the particular accounts the way you want.

But if you want to have multiple charts, then you can set them up to have the different allocations as you want. You would just have to place the trades from multiple accounts, which if they are all for the same instrument will increase your overall quantity for that instrument.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2023-06-27 18:36:23]
Sierra_Chart Engineering - Posts: 17198
Here is information about the multiplier:
Order Allocation to Trade Accounts: Functionality
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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