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how to mirror sierra chart trades in MT4
Started:November 20th, 2016 (12:08 AM) by Sayounara Views / Replies:101 / 3
Last Reply:November 21st, 2016 (11:20 AM) Attachments:0

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how to mirror sierra chart trades in MT4

Old November 20th, 2016, 12:08 AM   #1 (permalink)
Trading for Fun
Yokohama South Korea
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: CTS
Favorite Futures: gold
 
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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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Old November 20th, 2016, 08:55 AM   #2 (permalink)
Trading Apprentice
Merida, Yucatan, Mexico
 
Futures Experience: Intermediate
Platform: Sierra Chart, ThinkorSwim
Broker/Data: Inifinity
Favorite Futures: NQ, YM, ES, CL, GC, 6E
 
Posts: 32 since Nov 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?

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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Old November 21st, 2016, 08:07 AM   #3 (permalink)
Trading for Fun
Yokohama South Korea
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: CTS
Favorite Futures: gold
 
Posts: 102 since Nov 2012
Thanks: 87 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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Old November 21st, 2016, 11:20 AM   #4 (permalink)
Elite Member
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/Rithmic
Favorite Futures: ES, NQ
 
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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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