OPEN P/L way off on PT

Questions about MultiCharts and user contributed studies.
User avatar
siscop
Posts: 197
Joined: 09 Jan 2011
Has thanked: 34 times
Been thanked: 29 times

OPEN P/L way off on PT

Postby siscop » 28 Dec 2016

Hi,
using IB and Portfolio Trader the Open P/L does not match and they are very far off.
VC und CMC.png
(133.71 KiB) Downloaded 574 times
VC and CMC are the stocks that are off. Does someone has an idea?

User avatar
JoshM
Posts: 2195
Joined: 20 May 2011
Location: The Netherlands
Has thanked: 1544 times
Been thanked: 1565 times
Contact:

Re: OPEN P/L way off on PT

Postby JoshM » 29 Dec 2016

VC and CMC are the stocks that are off. Does someone has an idea?
I think this difference can be caused when MultiCharts calculates the open P/L for one of these screens while retrieving the open P/L from the broker for the other screen. (That's my idea at least; I cannot find a source for that.)

If that's the case, then the wildly different results are probably due to incorrect QuoteManager settings. Particularly the big point value might be worth checking.

User avatar
Angelina MultiСharts
Posts: 260
Joined: 28 Dec 2016
Has thanked: 28 times
Been thanked: 66 times

Re: OPEN P/L way off on PT

Postby Angelina MultiСharts » 06 Jan 2017

Hello siscop,

We are currently analyzing this case. I will get back to you with results.

User avatar
Angelina MultiСharts
Posts: 260
Joined: 28 Dec 2016
Has thanked: 28 times
Been thanked: 66 times

Re: OPEN P/L way off on PT

Postby Angelina MultiСharts » 17 Jan 2017

Siscop,

The difference comes from different calculation methods used.
In Portfolio Real-time Auto Trading Open P/L is calculated based on the chart prices, i.e on last Close. While calculation of Open P/L in Order is Position tracker depends on the option selected in Broker Profiles -> Interactive Brokers -> Unrealized Profit Calculation Mode.


Return to “MultiCharts”