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how to mirror sierra chart trades in MT4
Started: by Sayounara Views / Replies:235 / 3
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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: 102 since Nov 2012
Thanks: 87 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 Apprentice
Merida, Yucatan, Mexico
 
Futures Experience: Intermediate
Platform: Sierra Chart, ThinkorSwim
Broker/Data: Inifinity
Favorite Futures: NQ, YM, ES, CL, GC, 6E
 
Posts: 45 since Nov 2010
Thanks: 2 given, 24 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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  #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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  #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
 
trendisyourfriend's Avatar
 
Posts: 3,622 since Oct 2009
Thanks: 2,943 given, 4,377 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?

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

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