Sierra Chart

About Sierra Chart

Sierra Chart is a professional desktop Trading and Charting platform for the financial markets, supports connectivity to many exchanges and brokers. Sierra allows Live and simulated trading. It is possible to write custom Algos to support in trading.

One of the biggest advantages of the platform is reliability and customizability which made it first choice platform for many professional traders.

AimFX offers to connect Sierra Chart platform as master account. It works both for Live and Simulated account. With Sierra Chart bridge you can can trade with any broker that supports MetaTrader 4 or MetaTrader 5 platform. Sierra Chart bridge is widely used to trade with FTMO prop firm.

Read more About Sierra Chart.


  • Opening and closing orders at market price
  • Copy Take Profit / Stop loss orders
  • Scale in/scale out
  • Blazing fast – copy as fast as 10 ms
  • Copy multiple symbols in parallel


  • Account balance in not send to AimFX therefore, it’s not possible to use risk ratio based on Equity/Balance 
  • Pending orders are not copied
  • TP/SL limitation – Take Profit and Stop loss is set only to single order. For example, if you long 2 contracts and want to take 1 contract of profit in 5 ticks and 2nd contract in 10 ticks, only single TP will be copied closest to open price. Instead, consider opening two orders, first 1 contract and another 1 contract. They will be treated as two different positions in MT4 and each of them can have separate TP/SL 


Example of how GBPJPY trade was copied from Sierra to MT4, together with take profit and stop loss.


Example of how to copy multiple symbols from Sierra Chart

Sierra chart bridge to MT4


Use cases

1. Analyze on Sierra chart, execute trades on MT4/MT5

One of the most seen use case is when trader leverage advanced platform like Sierra Chart in analysis process, while trade execution happens with CFD Brokers using MT4/MT5 platforms.

There might be many reasons why. Most common are:

  • Traders strategy is based on real Future datafeed which is not available on retail platforms

2. Margin requirements

Sierra Chart connects to brokers that support futures. Trading futures require higher deposit due to higher margin requirements. Starting trading with Futures account can cause bigger losses than trading CFDs and adjusting position site accordingly. 

AimFX copier allows you to trade using Sierra Chart sim account and copy trades to MT4/MT5 broker of your choice. You can adjust lot size to meet your broker requirements. 

With this, traders can adjust their risk accordingly to use smaller deposits, lower risk per trade by trading lower value CFD contracts.

AimFX configuration examples

Configuration #1:

Let’s assume the following:

  • Trader decision process is based on strategy that leverage futures datafeed in decision process through Sierra Charts platform
  • Trader plan is to trade E-mini S&P and Crude Oil
  • Due to margin requirements trader decides to execute all of his trade in one of CFD brokers using MetaTrader 4 platform

In this case AimFX setup could look like:

  1. Create Master Account in panel with Sierra Chart platform type.
  2. Create Follower Account in panel with MT4 platform type.
  3. Connect both accounts by using “Add Follower” functionality
  4. Define risk and symbol settings

Regarding risk and symbol settings, it’s important to understand what Symbol we going to trade on Master account, what is it’s size and what is corresponding symbol on MT4 account.

In this example let’s assume that on Master account we have following symbol definition:

E-Mini S&P with symbol “ESH21” and 12.5 USD per tick which is equal to 50 USD per point (1.00)

Crude Oil with symbol “CLH21” and 10 USD per tick (0.01)

Please note Future symbols are rolling due to expiration and their respective symbol will change.

Trades will get copied to MT4 account with following symbols:

US500 symbol, 1 point worth is 1 USD (1 lot size)
WTIUSD symbol, 1 tick worth is 1 USD (0.1 lot size)

We should come with following Symbol mapping:


We should adjust risk management in Symbol Settings area:

US500 risk=1 spread=0.6
WTIUSD risk=0.1 spread=0.03

Spread allows us to add a buffer when setting up TP/SL on MT4 account. Remember that most trades on future account are done within the spread, while to reflect correct TP/SL levels, we should add spread. AimFX do not know what is your average spread, that is why you should add this yourself.

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