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Profit & Loss display based on Bid/ask instead of Last
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Profit & Loss display based on Bid/ask instead of Last

  #1 (permalink)
Trading for Fun
Vienna Austria
 
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Profit & Loss display based on Bid/ask instead of Last

Does anyone know how to change the display of profit and loss based on bid/ask instead of the last traded price since this is going to be very annoying when scalping instruments like DAX when spreads quickly change from 0.5 to 1.0.

I've found the settings to change the display to ticks and currency values but its still basing those calculations on the last traded price instead of the actual bid/ask.

Help would be greatly appreciated

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  #2 (permalink)
Elite Member
Phoenix AZ USA
 
Futures Experience: Advanced
Platform: SierraChart
Broker/Data: TradePro/TransAct
Favorite Futures: NQ YM RTY
 
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Amnesia View Post
Does anyone know how to change the display of profit and loss based on bid/ask instead of the last traded price since this is going to be very annoying when scalping instruments like DAX when spreads quickly change from 0.5 to 1.0.

I've found the settings to change the display to ticks and currency values but its still basing those calculations on the last traded price instead of the actual bid/ask.

Help would be greatly appreciated

Even though this is not supported in the Trade Window, you can do something similar using a spreadsheet study, and one or more instances of the Text (Large) Display for Study study. The spreadsheet does the calculations and the display study will put the values anywhere in the chart region. See here:

https://www.sierrachart.com/supportboard/showpost.php?p=220424&postcount=6

I would upload the spreadsheet in the Downloads section, but the .scwbf file type is not allowed.

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  #3 (permalink)
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tomgilb View Post
I would upload the spreadsheet in the Downloads section, but the .scwbf file type is not allowed.

Zip it first.

Mike

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  #4 (permalink)
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P/L based on bid/ask

Here is an improved and corrected version of the one linked in post #2:

https://futures.io/download/sierra_chart/1262-download.html?view

There is a bug in the one linked in post #2.

This new version has the bug fix and an option to include the Daily Closed P/L with the Open P/L.

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