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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)
Sayounara
Yokohama South Korea
 
Posts: 120 since Nov 2012
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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)
bradhouser
Northern California where the girls are warm
 
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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:


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  #3 (permalink)
Sayounara
Yokohama South Korea
 
Posts: 120 since Nov 2012
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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:


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)
 
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 trendisyourfriend 
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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)
BMM73
Genova Italy
 
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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)
BMM73
Genova Italy
 
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no update even to MT5 if not possible MT4?

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  #7 (permalink)
 
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 mattz   is a Vendor
 
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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.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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  #8 (permalink)
BMM73
Genova Italy
 
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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)
 
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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.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
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  #10 (permalink)
BMM73
Genova Italy
 
Posts: 10 since Jan 2018
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https://www.sierrachart.com/index.php?page=doc/FXCMTrading.php

it seems it doesn't work on FXCM MT4 account

no similar info found for LMAX

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Last Updated on August 18, 2018


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