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Sierra vs. Ninja : why I chose .....
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Sierra vs. Ninja : why I chose .....

 
Trading Apprentice
Hsinchu, Taiwan
 
Futures Experience: None
Platform: MetaTrader
Favorite Futures: Forex
 
Posts: 5 since Aug 2013
Thanks: 3 given, 0 received

Glad to hear Sierra is adding the "real-time" function, indeed more friendly for automated traders
I guess it would work by assigning a full core of CPU to the master copy and streaming feeds to slaves.
Sierra Chart uses only one core for feed updating but does the same applies to order generation process?

Also anyone knows how fast C++ based Sierra is
- Price feed latency?
- Copying latency from master to slaves? (I guess no latency here)
- Order generation latency?

Any information given would be valuable, experience or pure estimation

 
 
Trading Apprentice
Hsinchu, Taiwan
 
Futures Experience: None
Platform: MetaTrader
Favorite Futures: Forex
 
Posts: 5 since Aug 2013
Thanks: 3 given, 0 received


SierraChart View Post
Interesting this question is being asked now.

We are adding a new flag to the Sierra Chart advanced custom study and trading system interface (ACSIL), to cause the study function to be called immediately on every trade and order update. This will allow the trading system to react to new market data and order updates.

The should be used with caution though because it will increase CPU load.

Do I get faster when I run multiple slaves with each hosting only one automated system? Or no need to do that cause Sierra Chart is multithreaded and optimized for multiple cores?
Does SC allow hedging on Currenex?

Hedging is quite useful without closing an order fist and then opening another and more friendly for coders as well. I'm glad not being a US citizen and not governed by NFA.
It's amazing that SC seems to have a nice FIX engine without running a FIX API and criticizing the popular Quick FIX to be overheaded. I haven't purchased Sierra yet, but it looks promising


Last edited by Fraois; August 17th, 2013 at 04:34 PM.
 
 
 Vendor: www.sierrachart.com 
New Zealand
 
Futures Experience: Master
Platform: Sierra Chart
Broker/Data: Numerous
Favorite Futures: NONE
 
SierraChart's Avatar
 
Posts: 112 since Feb 2011
Thanks: 4 given, 229 received


Market data processing, order processing, and study calculations are all done within the same thread. However all of this is very fast.


Also anyone knows how fast C++ based Sierra is

- Price feed latency?

This is extremely fast processing. We have not measured it, but we have no reason to believe that this would take any longer than 10 microseconds to process a market data update for a single symbol especially when using SSD drives. We probably should test this, there is a good chance it is even faster. Market data processing, is of very little overhead.

- Copying latency from master to slaves? (I guess no latency here)

This is also very fast. In the microsecond range.

- Order generation latency?

This is also very fast. In the microsecond range.

We would expect the overall time from processing a market data update, calling the study function and the study function submitting an order, might take something like 100 microseconds. Could be longer could be faster. There are many variables. As we said, we have not analyzed this completely. And we are working on reducing the time further.

Sierra Chart does not support hedging with Currenex.

The Sierra Chart FIX engine is monumentally faster than quick fix.


Last edited by SierraChart; August 19th, 2013 at 04:21 AM.
The following 8 users say Thank You to SierraChart for this post:
 
 
Trading Apprentice
Hsinchu, Taiwan
 
Futures Experience: None
Platform: MetaTrader
Favorite Futures: Forex
 
Posts: 5 since Aug 2013
Thanks: 3 given, 0 received


SierraChart View Post
Market data processing, order processing, and study calculations are all done within the same thread. However all of this is very fast.
Sierra Chart does not support hedging with Currenex.
The Sierra Chart FIX engine is monumentally faster than quick fix.

The minimum system requirement for running one instance of Sierra Chart is very low, should I run different automated systems on different copies of Sierra Chart? Does it do any good?
Should I assign different CPU cores to run different copies or it can choose a CPU by itself?
When will be the real-time tick by tick feed update version be available?

 
 
Elite Member
Portland, OR
 
Futures Experience: None
Platform: tos
Favorite Futures: S&P e-mini, Lumber Futures
 
Massive l's Avatar
 
Posts: 1,512 since Mar 2011
Thanks: 973 given, 2,001 received

wow, that's awesome! Do ToS next to NT and Sierra

 
 
Trading Apprentice
Hsinchu, Taiwan
 
Futures Experience: None
Platform: MetaTrader
Favorite Futures: Forex
 
Posts: 5 since Aug 2013
Thanks: 3 given, 0 received


SierraChart View Post
Sierra Chart does not support hedging with Currenex.

Since it does not support hedging, what happens when running two automated systems on one copy of Sierra Chart and say they happened to buy and sell at the same time with the same asset?

If it works fine, will the stop orders be on the broker's side or trader's side?

 
 
Elite Member
Russia, St.Petersburg
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: AMP/Rithmic
Favorite Futures: Futures
 
Jonson's Avatar
 
Posts: 242 since Jan 2011
Thanks: 211 given, 109 received

SC volume by price better than Gomi volume ladder for NT, and also faster and more accurately than any other platform that I tested (NT, MD, MC)

* If investing gets too difficult for a seventh grader to understand, the system is needlessly complex
* Markets produce an enormous volume of information, much of which is redundant
* In every game and con there's always an opponent, and there's always a victim. The trick is to know when you're the latter, so you can become the former
 
 
Rristocrat
zurich
 
Futures Experience: Advanced
Platform: Sierra ahRrrr CQG ...
Favorite Futures: Bund, ES, ...
 
puma's Avatar
 
Posts: 964 since Aug 2010
Thanks: 7,268 given, 1,494 received

to me Sierra is far superior to Ninja.

Sierra has a multitude more functions and features.

most are hidden though.

 
 
Elite Member
Portland, OR
 
Futures Experience: Intermediate
Platform: Sierra Chart
Favorite Futures: ES
 
Posts: 269 since Jan 2011
Thanks: 326 given, 178 received

@SierraChart - Thanks for considering this function. Would you please suggest - which version is going to have this option?

Thanks


SierraChart View Post
Interesting this question is being asked now.

We are adding a new flag to the Sierra Chart advanced custom study and trading system interface (ACSIL), to cause the study function to be called immediately on every trade and order update. This will allow the trading system to react to new market data and order updates.

The should be used with caution though because it will increase CPU load.


 
 
Market Wizard
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,777 since Oct 2009
Thanks: 3,160 given, 4,674 received
Forum Reputation: Legendary


I'd like to ask. Is there someone equivalent to @Fat Tails that develops free indicators and is as generous for the Sierra community?


 



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