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IB and Forex
Updated October 31, 2017
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IB and Forex
October 30th, 2017, 05:00 PM
Reading UK
Legendary no drama Llama
Posts: 1,787 since Oct 2016
Thanks Given: 2,826
Thanks Received: 5,059
rassi
Also I know this might sound like I’m teaching you to suck eggs....but...worth checking these settings across the board. Often the
cfd /forex lot sizes are miles apart. You might have to tailor each market in Sierra so it matches up with Lmax.
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Teach away Im all ears.
That is what Im doing now, going through everything with a fine tooth comb. I am extra cautious with Sierra because of how highly configurable it is.
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
October 30th, 2017, 05:07 PM
Utrecht, The Netherlands
Experience: Intermediate
Platform: Sierra Chart
Broker: AMP
Trading: NQ, RTY
Posts: 9 since Dec 2010
Thanks Given: 14
Thanks Received: 13
On my end the Sierra Chart settings for Gold (spot) correspond with the LMAX instrument information.
October 30th, 2017, 05:14 PM
Utrecht, The Netherlands
Experience: Intermediate
Platform: Sierra Chart
Broker: AMP
Trading: NQ, RTY
Posts: 9 since Dec 2010
Thanks Given: 14
Thanks Received: 13
The order quantities in Sierra Chart differ from the LMAX order quantities (see the LMAX Trading Service description on the Sierra Chart website):
Quoting
When setting the Order Quantity for any symbol through the Sierra Chart Trade Window Quantity setting, or the Trade Mode Box at the top left of a Chart or Trade
DOM , a quantity of 10, is equivalent to an LMAX quantity of 1.
A quantity of 1 entered within Sierra Chart, is equivalent to LMAX quantity of 0.1.
As of version 1118, for CFDs, the above rules also apply. No longer will a quantity of 1 equal 1 for a
CFD . A quantity of 1 for a CFD now equals .1.
October 30th, 2017, 05:41 PM
Reading UK
Legendary no drama Llama
Posts: 1,787 since Oct 2016
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Ahh. Thats what confused me. Chart settings are different to global settings.
In my chart settings the currency value per tick and tick value = 0.05 respectively.
but in global settings its 0.01 respectively.
For crying in a freaking bucket...
October 31st, 2017, 03:27 AM
the congo
Experience: Advanced
Platform: North sea oil rig
Trading: Cl
Posts: 927 since Jun 2009
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Glad you got it sorted, so many settings!
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Last Updated on October 31, 2017