NexusFi: Find Your Edge


Home Menu

 





Sierra with IQ and IB


Discussion in Sierra Chart

Updated
      Top Posters
    1. looks_one MarpleTrading with 9 posts (0 thanks)
    2. looks_two Big Mike with 6 posts (5 thanks)
    3. looks_3 boze man with 2 posts (0 thanks)
    4. looks_4 vegasfoster with 1 posts (1 thanks)
    1. trending_up 9,138 views
    2. thumb_up 7 thanks given
    3. group 8 followers
    1. forum 21 posts
    2. attach_file 1 attachments




 
Search this Thread

Sierra with IQ and IB

  #1 (permalink)
 MarpleTrading 
Nederland
 
Experience: Advanced
Platform: Sierra charts
Broker: IB/IQFeed
Trading: Crude
Posts: 66 since Nov 2012
Thanks Given: 18
Thanks Received: 40

Hi,

I am a bit confused. I am thinking about using Sierra charts as my trading platform.

My broker is IB and I will be using IQ as my data feed. Does this mean that I need two instances of Sierra running?

And when that is true I have to switch charts to execute my trades?


What I really want is that I have one chart where the data from IQ is displayed and where I can use the chart trader on the exact same chart. Is that possible at all?

Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Better Renko Gaps
The Elite Circle
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Deepmoney LLM
Elite Quantitative GenAI/LLM
Exit Strategy
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
36 thanks
NexusFi site changelog and issues/problem reporting
25 thanks
GFIs1 1 DAX trade per day journal
19 thanks
The Program
18 thanks
  #2 (permalink)
 MarpleTrading 
Nederland
 
Experience: Advanced
Platform: Sierra charts
Broker: IB/IQFeed
Trading: Crude
Posts: 66 since Nov 2012
Thanks Given: 18
Thanks Received: 40

I just found the answer myself

Sierra Chart - Using Multiple Services or Multiple Trading Accounts at the Same Time
Sierra Charts running but you can share data between them and so trade from one chart.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #3 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,398 since Jun 2009
Thanks Given: 33,173
Thanks Received: 101,537


Yes, I do it with multiple brokers & IQFeed and works perfectly.

I have my main charting instance of Sierra for all my charts, powered by IQFeed.

Then I have other instances of Sierra that are DOM's only for brokers. I even have Volume Profile data on my DOM from IQFeed, while the 'last' is from the broker. Very powerful.

Example ES DOM. This is the only thing open in this instance of Sierra. The volume profile is from a remote chart, from the other instance of Sierra running IQFeed charts.



Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #4 (permalink)
 MarpleTrading 
Nederland
 
Experience: Advanced
Platform: Sierra charts
Broker: IB/IQFeed
Trading: Crude
Posts: 66 since Nov 2012
Thanks Given: 18
Thanks Received: 40


Big Mike View Post
Yes, I do it with multiple brokers & IQFeed and works perfectly.

I have my main charting instance of Sierra for all my charts, powered by IQFeed.

Then I have other instances of Sierra that are DOM's only for brokers. I even have Volume Profile data on my DOM from IQFeed, while the 'last' is from the broker. Very powerful.

Example ES DOM. This is the only thing open in this instance of Sierra. The volume profile is from a remote chart, from the other instance of Sierra running IQFeed charts.



Mike

@Big Mike

Yes it is working like a charm.

One more question now that you brought up volume profile. I added a cumulative delta to my chart but it is only printing dashes, does that mean I need a level II subscription?

Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #5 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,398 since Jun 2009
Thanks Given: 33,173
Thanks Received: 101,537


MarpleTrading View Post
@Big Mike

Yes it is working like a charm.

One more question now that you brought up volume profile. I added a cumulative delta to my chart but it is only printing dashes, does that mean I need a level II subscription?

If you are trying to do cumulative delta with IB, don't. It's a waste of time.

Delta just requires L1 to know if the trade was at the bid or offer. But I think L2 is part of the CME futures group with IQFeed. IQFeed also has historical bid/ask, so it can backfill.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #6 (permalink)
 MarpleTrading 
Nederland
 
Experience: Advanced
Platform: Sierra charts
Broker: IB/IQFeed
Trading: Crude
Posts: 66 since Nov 2012
Thanks Given: 18
Thanks Received: 40


Big Mike View Post
If you are trying to do cumulative delta with IB, don't. It's a waste of time.

Delta just requires L1 to know if the trade was at the bid or offer. But I think L2 is part of the CME futures group with IQFeed. IQFeed also has historical bid/ask, so it can backfill.

Mike

@Big Mike

Yes that is why I have IQ, IB is horrible

So my next project is to figure out how to get the back fill data loaded.


Attached Thumbnails
Click image for larger version

Name:	CD.PNG
Views:	728
Size:	30.5 KB
ID:	95829  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #7 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,398 since Jun 2009
Thanks Given: 33,173
Thanks Received: 101,537


MarpleTrading View Post
@Big Mike

Yes that is why I have IQ, IB is horrible

So my next project is to figure out how to get the back fill data loaded.


Glancing at that chart, you are using IB not IQFeed. Post the chart settings.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #8 (permalink)
 MarpleTrading 
Nederland
 
Experience: Advanced
Platform: Sierra charts
Broker: IB/IQFeed
Trading: Crude
Posts: 66 since Nov 2012
Thanks Given: 18
Thanks Received: 40


Big Mike View Post
Glancing at that chart, you are using IB not IQFeed. Post the chart settings.

Mike

@Big Mike

Here they are:

[img]https://nexusfi.com/v/ddxfd6.png[/img]

Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #9 (permalink)
 MarpleTrading 
Nederland
 
Experience: Advanced
Platform: Sierra charts
Broker: IB/IQFeed
Trading: Crude
Posts: 66 since Nov 2012
Thanks Given: 18
Thanks Received: 40

Ah, I also see that my chart is delayed. I see the actual price, but the bars appear like 15 mins later.
May be my account needs to be verified or whatever, set-up this morning (GMT).

Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #10 (permalink)
 MarpleTrading 
Nederland
 
Experience: Advanced
Platform: Sierra charts
Broker: IB/IQFeed
Trading: Crude
Posts: 66 since Nov 2012
Thanks Given: 18
Thanks Received: 40


This morning I spoke with a support guy from IQfeed and he told me that it was not possible to get back fill on cumulative delta because IQ doesn't store market bid and ask volume :S

Visit my NexusFi Trade Journal Started this thread Reply With Quote




Last Updated on January 4, 2013


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts