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

  #11 (permalink)
Elite Member
Georgia, US
 
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Silvester17 View Post
I never personally tested sierra, but what I can see it looks like a good choice.

of course the footprint, profiles, faster loading, etc are all very good reasons to go with sierra. but what I'm more concerned is, are the values of the indicators correct? I think it would be a good idea to compare those values with other platforms as well.

I've seen a few instances that looked a bit strange. here's an example with mp where the vah is higher than the actual high. as far as I know that's not possible.

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Silvester, what day is this, and for what trading hours?

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  #12 (permalink)
Market Wizard
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josh View Post
Silvester, what day is this, and for what trading hours?

this is supposed to be a market profile (not volume profile) ,es, 7/27/2012, only rth, 3 min chart

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  #13 (permalink)
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San Jose, CA
 
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You can get that value depending on the study settings. You wouldn't get that with standard settings, but if you use a 3 tick block increment for instance, you can get a value above the high.

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  #14 (permalink)
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After checking...

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  #15 (permalink)
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I really, really like SC. Here are some things that haven't yet been pointed out:

- SC supports options trading
- SC is cheaper (monthly lease rate)
- SC uses native C++, which is faster and uses less system resources for a given function on C#, for algorithmic trading or indicators

I'm not going to add these two above as they are hearsay, but I will like to confirm with you guys if it's true: I've heard that SC is more stable, not sure if that is true. SC also claims to be optimized for multi-core CPUs, not sure if that is true.

Nevertheless, there are several annoying issues with SC. I take it that SC is to Linux as NT is to Windows:

- The user interface is really ugly and, as others have complained above, extremely cumbersome to navigate around.
- The support staff is much less responsive, the user base much smaller, and it is hard to make a long-term investment and commitment to a platform when the website gives HTML 1.0 vibes.
- C# generally takes less development time than C++, and this is assisted by NT's documentation.

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  #16 (permalink)
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@artemiso,

I have discovered Sierra Chart some days ago (from MultiCharts), and I have to say that I have been completely impressed by the powerfulness of the platform (both for charting and programming). I have never used Ninja Trader, so I cannot compare.


artemiso View Post
The support staff is much less responsive, the user base much smaller, and it is hard to make a long-term investment and commitment to a platform when the website gives HTML 1.0 vibes.

Even if I agree with you, I think that there is also a positive side.

The Web site is 1.0 , but I guess that it helps them to update the documentation very quickly and dynamically. I personally think that their on-line documentation is very good. Very practical.

With respect to the support forum, it is true that it is a very specific experience.
The point is that we are talking directly with the (overwhelmed) platform coders. I think that they are very client-oriented in their development of the platform, but... not really in the answers to the forum.
Sometimes, when they assess that the question is not relevant, they are a bit tough.
But, other times, when they think that the point is relevant for them, it is... paradise for the user:
- very detailed explanations from them about the way SC internally works
- instant update of the documentation
- update of the software within 2 days
I have experienced both (and I have been upset by the first )

I would say that SC is perhaps not a relevant choice as a first platform. It is easier to switch to SC when we already have the experience of a more user-friendly platform.

Nicolas


Last edited by Nicolas11; August 21st, 2012 at 06:45 AM.
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  #17 (permalink)
in a meditative state...
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Nicolas11 View Post
I would say that SC is perhaps not a relevant choice as a first platform. It is easier to switch to SC when we already have the experience of a more user-friendly platform.

Interesting, I really see it differently.
Switching from a user friendly platform such as MC to a not so user friendly platform such as SC is quite difficult. The term "user friendly" is referred here as the first platform of your choice, the one you've been working with for months.

When I started working with IRT it really stressed me some of their options since they were quite different from MC. Then when I switch to Sierra things were even worst since I was already accustomed to IRT options and Sierra just complicated some of the simplest options that we are used to on the majority of platforms.

After a couple of weeks you start to get used to Sierra cumbersomeness and things start to run smoothly. The problem comes when you want tools that IRT have and Sierra don't or if they do they really work in a not so user friendly manner. I think this is a problem shared by all platforms, they cannot have all tools available and they cannot have the same tools working in the same way.
It's our job as users to decide which offer the best tools for our needs.

SC main advantage over IRT is footprint, market profile without having to pay the CME fee for it since they don't use Market Profile brand, trading capabilities using several brokers, programming in C# and monthly fee.
IRT main advantage over SC is almost all shared indicators between both platforms are more powerful, more options, more user friendly. They offer true Market Profile capabilities for those hard core MP traders. They are now offering trading capabilities using MD trading platform but is still very restrictive in terms of brokers.

For those looking for a second chart platform, specially directed to volume profile, I advise to test both and then decide which one fill your needs.

Just remember, if you tend to request to much support be aware that they are not very friendly to deal with.

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  #18 (permalink)
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@arnie,


arnie View Post
Interesting, I really see it differently.

Interesting, I really see it... as you!

When I said that SC was perhaps not the best choice for a first platform, I had in mind:
(i) not user-friendly interface,
(ii) limited support on their forum or on futures.io (formerly BMT).

For (i), after reading your message, I have changed my mind.
For me, SC was difficult at the beginning in contrast with MultiCharts. But, if SC was my first platform, I probably would not have specific difficulty. I would just have learnt to use it.

I would like to underline something. I am not really criticizing SC. On the contrary, I think that SC is a great platform. I am now totally addicted to it. I think that I will never come back to MultiCharts (I am not talking about MC .NET). Once more, I am not in position to compare with Ninja Trader, that I have never used.

Nicolas

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  #19 (permalink)
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Although i do not use SC i have noticed some differences with my charts and Big Mike's charts. His MP charts differ from mines not by much but they do differ at times by 2-3 ticks on the ES.


Silvester17 View Post
I never personally tested sierra, but what I can see it looks like a good choice.

of course the footprint, profiles, faster loading, etc are all very good reasons to go with sierra. but what I'm more concerned is, are the values of the indicators correct? I think it would be a good idea to compare those values with other platforms as well.

I've seen a few instances that looked a bit strange. here's an example with mp where the vah is higher than the actual high. as far as I know that's not possible.


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  #20 (permalink)
in a meditative state...
Portugal
 
Futures Experience: Advanced
Platform: Multicharts, Jigsaw
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Nicolas11 View Post
@arnie,



Interesting, I really see it... as you!

When I said that SC was perhaps not the best choice for a first platform, I had in mind:
(i) not user-friendly interface,
(ii) limited support on their forum or on futures.io (formerly BMT).

For (i), after reading your message, I have changed my mind.
For me, SC was difficult at the beginning in contrast with MultiCharts. But, if SC was my first platform, I probably would not have specific difficulty. I would just have learnt to use it.

I would like to underline something. I am not really criticizing SC. On the contrary, I think that SC is a great platform. I am now totally addicted to it. I think that I will never come back to MultiCharts (I am not talking about MC .NET). Once more, I am not in position to compare with Ninja Trader, that I have never used.

Nicolas


So in the end we've just said the same thing but using different words

I actually don't think they have limited support on their forum/site. You're probably find most questions you have already answered on the forum. The problem is that no one search for them
They also have a very quite extensive manual on the site. Again, the problem with text is that people find it boring to read. IRT for example solved this with the best solution possible, video. All tools are extensively explain on video. You just can't beat that. By the way, those videos are a very good source for their competitors to try to copy their tools

Against SC I'll only speak against support staff and their lack of skills to deal with users, they are very rude towards them and their cumbersomeness in relations to other platforms, but this is only due to the fact you are already accustomed to the other platforms. If you start first with SC and then move to another platform you'll have the exact same reaction.

Abandon MC and move entirely to SC? Damn, I really can't see how can a person get to that stage in their life

Although you programmers look at a platform differently as we, common humans do

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