Commissions and fees are not factored into the P&L for Sierra Chart users by default.To change this setting, follow the instructions below:
- To open the Global Symbol Settings window select Global Settings -> Symbol Settings -> Select the Symbol for the product(s) that you are trading.
Click on Additional -> Round Turn Commission
The Round Turn Commission field specifies the commission value as a currency value for a complete trade which includes both buy and sell order fills. This commission is multiplied by the Quantity of the order fills. So if the Quantity of the order fills is 5, then the commission is multiplied by 5. The Round Turn Commission applies to either the Symbol or Symbol pattern. Set your round turn commission value to be 3.70.
This commission value is used in the Trade >> Trade Activity Log Profit/Loss calculations when Apply Commission is enabled on the Trade Activity Log window. The commission is not used in the Profit/Loss calculations within the chart or Trade Window in the chart.
Here is an example with NKD: