I also just opened a sierra account package #5, coming from NinjaTrader.
My main points were;
- Standard inclusion of volume & market profile
- Excellent developer documentation
- Responsive development team
- Regular software updates/fixes
Being fair, NT also has extensive developer documentation, and I do still run my automated strategies through Ninja.
Once I have my feet solid in the Sierra platform I plan to make some posts about how to generate statistical homework from Sierra using their built in spreadsheets and studies. This feature, I think, is understated and potentially brings the platform to rival the research abilities of packages like Investor RT. You can export everything, without requiring developing custom indicators and strategies to extract the information (which is what I was doing in NT).
Hats off to the @SierraChart team, excellent piece of software.
The following 3 users say Thank You to amoeba for this post:
I like very much Sierrachart, it's the most customizable platform for non good programmers, with a lot of built in studies (indicators) and tools, featuers rich. The problem is that SC became slower in charts update or speed in real time, also slower to submit orders. For me the speed matter. I done some comparison with other platforms in the past months, and I have recorded some of them. I wanted to make a new thread on this, but I have not had time.
Another thing is regarding about what Rithmic API @SierraChart uses and other platforms too, cause there are some different API, and the speed of orders execution ( maybe another thread on this?).
A problem like this would have to do with your overall Sierra Chart set up or Internet connectivity. Otherwise, Sierra Chart is not going to be slow and nothing has changed in this regard. We continue to improve the overall performance of Sierra Chart. Users should generally notice the exact opposite.
The most recent performance improvement was with the Volume by Price study when using certain profile configurations.
Sierra Chart uses the Rithmic C++ API which is separated into a separate process to insulate Sierra Chart from any faults and also design issues. That can introduce small microsecond/millisecond lags but this is all.
The following 2 users say Thank You to SierraChart for this post:
Another thing that we want to add, is that with the DTC Protocol support in Sierra Chart, both as a client and as a server, it is possible to use other instances of Sierra Chart to receive market data and perform trading when they are connected to an instance of Sierra Chart connected to your trading account. This lets you share the connection.
The above page is kind of technical and is not really written for the purpose we are describing above but that will be worked on.
So one advantage of this, is that if you are doing a lot of CPU intensive things in Sierra Chart and you notice that it is getting slow, you can distribute the load among multiple Sierra Chart instances.
What exactly is your hardware? I run Sierra with around 75 charts, and I'm using a really old i5-3470 because my primary i7 was damaged and I'm waiting for new parts on the next container... but point is, even with an old i5 and 75 charts, Sierra is anything but slow. It's incredibly fast compared to any other platform I've ever used... This system does still have 32GB, like my primary, and I also moved over my 1TB Samsung 850 SSD.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
The following 2 users say Thank You to Big Mike for this post:
Thanks, it was my fault.
Now I understand why and that is totally stupid. All started few months ago when I did a clean install of Windows 10 on my PCs, and I had to reinstall all the softwares including SC. I reported the SC file that I needed, and it startet to go slower, and also with each new release. I see now that I forgot to do some set-up and one of them was precisely the chart uptade interval. Now it seems to go fast again. I do not know regarding the sending of orders, it seems to me that this was slow even before. But this is not a problem for me because I prefer to enter orders directly on the native platform, and do not need complex orders. Anyway I will do some test again on both.
Thanks again and sorry for my mistake.
Take your Pips, go out and Live.
The following 2 users say Thank You to LukeGeniol for this post: