Support Board
Date/Time: Sat, 23 Nov 2024 18:24:51 +0000
Discrepancy in Target Profit Calculation for Micro E-Mini S&P 500 Contracts
View Count: 129
| [2024-07-31 05:07:05] |
| DMK - Posts: 15 |
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Dear Sierra Chart Support Team, I am experiencing an issue with the trade window configuration in Sierra Chart, specifically regarding the profit calculations for my Micro E-Mini S&P 500 (MES) contracts. Details: Contracts Traded: 10 Micro E-Mini S&P 500 contracts Target 1: 20 ticks Target 2: 40 ticks Expected Profit: For Target 1 (20 ticks): $250 (for 10 contracts) For Target 2 (40 ticks): $500 (for 10 contracts) Issue: When I open a position and my first take profit target is hit (20 ticks), the profit recorded is $125 instead of the expected $250. This discrepancy indicates that the profit calculation might be incorrect or that the target configuration might need adjustment. Request: Could you please guide me on how to adjust the target settings in Sierra Chart to ensure that the profit calculations align with the expected values for the given contract size and tick targets? If there are specific configurations or settings that I need to check, kindly provide detailed instructions. Your assistance in resolving this issue would be greatly appreciated. Thank you for your support. Best regards, Date Time Of Last Edit: 2024-07-31 15:00:21
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| [2024-07-31 14:59:51] |
| Sierra_Chart Engineering - Posts: 17150 |
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First refer to this page: Profit/Loss Calculations and Symbol Settings 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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