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how to mirror sierra chart trades in MT4
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how to mirror sierra chart trades in MT4

  #1 (permalink)
Trading for Fun
Yokohama South Korea
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: CTS
Favorite Futures: gold
 
Posts: 105 since Nov 2012
Thanks: 94 given, 56 received

how to mirror sierra chart trades in MT4

basically I've two live accounts. I trade one through Sierra Chart, and the other through MT4.

I'd like to place trades on my sierra chart account and having them automatically copied/mirrored in my MT4 account.

does anybody know how to do this?

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  #2 (permalink)
Trading for Fun
Merida, Yucatan, Mexico
 
Futures Experience: Intermediate
Platform: Sierra Chart, ThinkorSwim
Broker/Data: Inifinity
Favorite Futures: NQ, YM, ES, CL, GC, 6E
 
Posts: 101 since Nov 2010
Thanks: 14 given, 57 received


Sayounara View Post
basically I've two live accounts. I trade one through Sierra Chart, and the other through MT4.

I'd like to place trades on my sierra chart account and having them automatically copied/mirrored in my MT4 account.

does anybody know how to do this?

I don't know if that is possible, but you can have multiple accounts on Sierra Chart and trade them simultaneously. If you want to trade x contracts on one account and y on the other, then all entries need to be in multiples of z=x+y. For example, you trade 2 on account A, and 3 on account B, then you would have to open a trade with 5, 10, 15... etc. contracts. Scaling out is not a problem, as the proceeds will be allocated proportionately.

You can see how this is done here:

https://youtu.be/CG_s6suYB0I

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The following user says Thank You to bradhouser for this post:
 
  #3 (permalink)
Trading for Fun
Yokohama South Korea
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: CTS
Favorite Futures: gold
 
Posts: 105 since Nov 2012
Thanks: 94 given, 56 received



bradhouser View Post
I don't know if that is possible, but you can have multiple accounts on Sierra Chart and trade them simultaneously. If you want to trade x contracts on one account and y on the other, then all entries need to be in multiples of z=x+y. For example, you trade 2 on account A, and 3 on account B, then you would have to open a trade with 5, 10, 15... etc. contracts. Scaling out is not a problem, as the proceeds will be allocated proportionately.

You can see how this is done here:

https://youtu.be/CG_s6suYB0I

thanks for the reply!

though I'm not looking to trade two accounts on sierra. there are reasons that I want to copy my positions to MT4.

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  #4 (permalink)
Market Wizard
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
Favorite Futures: ES, NQ, YM
 
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Posts: 3,758 since Oct 2009
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Sayounara View Post
basically I've two live accounts. I trade one through Sierra Chart, and the other through MT4.

I'd like to place trades on my sierra chart account and having them automatically copied/mirrored in my MT4 account.

does anybody know how to do this?

Don't know for Sierra but for Ninja there is a solution here:
NinjaTrader7 Metatrader4 Bridge PRO Edition | Conscious Trading

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  #5 (permalink)
Trading Apprentice
Genova Italy
 
Futures Experience: None
Platform: Amibroker Ninjatrader
Favorite Futures: Dax
 
Posts: 9 since Jan 2018
Thanks: 1 given, 0 received


Sayounara View Post
thanks for the reply!

though I'm not looking to trade two accounts on sierra. there are reasons that I want to copy my positions to MT4.

Any news about a copier Sierra --> MT4?

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  #6 (permalink)
Trading Apprentice
Genova Italy
 
Futures Experience: None
Platform: Amibroker Ninjatrader
Favorite Futures: Dax
 
Posts: 9 since Jan 2018
Thanks: 1 given, 0 received

no update even to MT5 if not possible MT4?

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  #7 (permalink)
 Vendor: www.optimusfutures.com 
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,208 since Sep 2010
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Sayounara View Post
basically I've two live accounts. I trade one through Sierra Chart, and the other through MT4.

I'd like to place trades on my sierra chart account and having them automatically copied/mirrored in my MT4 account.

does anybody know how to do this?

The most efficient way to "copy" trades between one platform and another is via their API.
You need to see whether your brokers work with Sierra. You should be provided with UN and PW that work with both.
In my experience, most MT4 companies are just marketers and have ZERO knowledge as far as platforms.
They pay per machine ID to MetaQuotes and that is where their knowledge starts and ends.
Maybe your broker is different.

MT5 and Sierra could talk to another if you have a Futures trading account. So your CQG credentials could work on both, and if you need both open while trades are reflected in both as well, then you need two set of credentials leading to the same account. I hope this helps.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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  #8 (permalink)
Trading Apprentice
Genova Italy
 
Futures Experience: None
Platform: Amibroker Ninjatrader
Favorite Futures: Dax
 
Posts: 9 since Jan 2018
Thanks: 1 given, 0 received


mattz View Post
The most efficient way to "copy" trades between one platform and another is via their API.
You need to see whether your brokers work with Sierra.

This could be a good idea, I read that FXCM and LMAX are forex brokers with Sierra.

Does somebody know if it is possible to trade a MT4 account by Sierra on FXCM or LMAX?

I am interested to trade a MT4 account by Sierra, not a Sierra account with different credential

thanks for your reply

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  #9 (permalink)
 Vendor: www.optimusfutures.com 
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,208 since Sep 2010
Thanks: 2,137 given, 3,092 received
Forum Reputation: Legendary


BMM73 View Post
This could be a good idea, I read that FXCM and LMAX are forex brokers with Sierra.

Does somebody know if it is possible to trade a MT4 account by Sierra on FXCM or LMAX?

I am interested to trade a MT4 account by Sierra, not a Sierra account with different credential

thanks for your reply

Glad to help.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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  #10 (permalink)
Trading Apprentice
Genova Italy
 
Futures Experience: None
Platform: Amibroker Ninjatrader
Favorite Futures: Dax
 
Posts: 9 since Jan 2018
Thanks: 1 given, 0 received


https://www.sierrachart.com/index.php?page=doc/FXCMTrading.php#FXCMTradingStation

it seems it doesn't work on FXCM MT4 account

no similar info found for LMAX


Last edited by BMM73; August 18th, 2018 at 01:29 PM.
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