Another refreshing concept is the inclusion of documentation for all of the things you can access from a study (from C++). There are also samples to get you started. All of the doc is web based, and there is video content as well.
Note, it is really low level, and may scare some people away, but it is pretty awesome from my perspective. There is definitely a learning curve, but at least the trail is marked.
I am warming up to the idea of using SC as well but I am still hesitant considering the indicator legacy that I have in NT (many custom indicators). I am sure that they can all be reprogrammed in SC but the learning curve will be steep and I am wondering if it's worth the time investment. Has anyone had to recode indicators from NT to SC and if so what was their experience? Any roadblocks along the way, i.e. functionality available in NT that is not readily available in SC?
I was only interested in using SierraChartís Footprint features to view the BID/ASK, and ORDER FLOW of the market; I wanted something very similar to GOMVolumeLadder or MarketDelta; you may wish to have a look at my Trading Diary thread; all my charts on pages 1 - 4 of my thread are in SC. So, I had issues with this "weird" settings requirements for my Footprint chartbooks/study collections, be it Minute chart, Range chart, Tick chart, and Renko chart types (these are the chart types that I was interested in).
So, you would note that my interest is not just in only setting up a Range chart. Chris and Cory had shared their chartbooks/study collections with me in the early part of this thread and my experience with this "weird" settings requirements, particularly for my Footprints, is not good for me.
Hey, you will please note that I'm this thread Starter.
I am also intrigued by Sierra Charts. I would like to automate a lot of my trading, but can not trust NT. It would be great if folks can share their experience about the following specifics.
Tick Based Studies: In NT you can get market data tick by tick when trading live, but do not get it for historical indicators; hence the need for GOMI. Can you get tick by tick data in SC for populating the tick based indicators? As long as the data is pumped in sequence, the resolution of the time-stamp does not matter much, unless you want to exact time.
Refering Market Internal Symbols: Can you map different market internal data supplied by IQFeed and use them for charts or auto-trading system?
Order Entry and Trade Management System: Do they supply a complete API for you to send and manage orders like the NT unmanaged API or is is restricted to some ATM strategy etc. which they support natively.
Referring Other Studies/Indicators: Can you refer to other indicators and studies like you supposedly can with NT?
Graphic Capabilities: Do you have any freedom for drawing symbols etc. on your charts as NT has using the .NET APIs or is it restricted to whatever functions they provide for drawing?
System Design-Multicore: Do the different charts run as separate threads, allowing you to utilize the power of a multi-core system or is the multi-threading restricted to data download/management.
System Design-High Volatility: Does it have any special handling for times where there is high volatility?
Volume/Market Profile Indicators: How comprehensive are their Volume profiling indicators, compared to iRT.
Can you draw a profile around any random custom bars or is it tied to a bar/a day etc.?
Can you look at multi-day/multi-week profiles (merged)?
Can you split profiles at specific letters and create new profiles?
Rollover: The videos on their site are a bit old so I am not sure how well they handle rollovers, especially when it comes to drawing composite volume profiles.
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