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And what about SierraChart
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And what about SierraChart

  #271 (permalink)
Elite Member
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vegasfoster View Post
................................
5) No out of the box multi-series capabilities. It may be possible to program, but I am still not sure at this point. I know you can't load two different time frames on the same chart and drag and drop indicators from one series to plot on the second series. That said, since this feature was so poorly implemented in NT7, I never actually used it and so it isn't something that I am missing, but at the same time I would like it to be added. If you rely on this capabability though, then SC is probably not a good option for you.
..................................

@vegasfoster, you can have multiple data series and studies onthe same chart, the way to do this is different from other platform cos u need to load a separate chart and then use the overly studies to reference the chart and studies u want to plot on the same chart. There are a lot of functionality on this feature.

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Take your Pips, go out and Live.
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  #272 (permalink)
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vegasfoster View Post
.................
6) Multi-broker/data connections are way too complicated. In NT7 you had to pay extra for a multi-broker license, which you don't have to do in SC, but the implementation was simpler in NT7. In SC you have to have multiple instances running and map to the data folders and set up primary and secondary mappings for each symbol. So while it's more flexible than NT, it's considerably more cumbersome to set up.
.......................

They are planning to add this feature on the same SC istance, bat there's no eta, cos I think this is a big change on the SC strcture.

The other good thing is the really fast responsive support board, if there is some feature that is not working right, just post it and they will fix it with a new release, they are also quite open mind to the customers requests.

Take your Pips, go out and Live.
Luke.
 
  #273 (permalink)
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vegasfoster View Post

1) There are actually so many options compared to NT, that learning them all and being able to find some of them a second time can't take some time. And while there is a myriad of chart settings, some of them such as bar colors and styles are persistant between charts, where they should be customizeable for each chart.

CHART --> GRAPHIC SETTINGS will let you customize individual charts.

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  #274 (permalink)
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with Sc you can also have multiple configuration or settings open at the same time, since I have more than 24 charts up sometimes this is a nice feature and not possible with NT

 
  #275 (permalink)
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vegasfoster View Post
1) There are actually so many options compared to NT, that learning them all and being able to find some of them a second time can't take some time. And while there is a myriad of chart settings, some of them such as bar colors and styles are persistant between charts, where they should be customizeable for each chart.

Agree on high learning curve. You can customize colors per chart, but again it is not obvious. Chart -> Graphic Settings, turn off the use global option, and then you can override for a chart.


Quoting 
2) Hot keys are not programmable, so you will have to learn new ones. This and Item 1 have made for a steeper learning curve than NT.

I asked them to add this, not sure they were too interested even though it should be trivial to add. Seems people use AutoHotKey to do it instead. I dont really like having another program to do this, but AHH can provide more function like macros above and beyond key mapping.


Quoting 
3) The performance reporting is pretty weak. You can only filter by instrument, there is no custom reporting based upon ATM strategy, segregating winners from losers, etc. There is only a "Trade Activity Log" that can be filter by instrument. The reality is that NT performance reporting was completely unreliable beyond the current day due to the accumulation of errors, so running reports for extended periods was useless, but on days where there were no problems it was nice to have some quick detailed stats available during the day. For me this is the biggest weakness of SC.

This is one of my main beefs. If you are running Rithmic as your feed, you can run R-Trader along side it. R-Trader provides a decent way of tracking your orders/positions/pnl while still trading from the SC charts/DOM.


Quoting 
5) No out of the box multi-series capabilities. It may be possible to program, but I am still not sure at this point. I know you can't load two different time frames on the same chart and drag and drop indicators from one series to plot on the second series. That said, since this feature was so poorly implemented in NT7, I never actually used it and so it isn't something that I am missing, but at the same time I would like it to be added. If you rely on this capabability though, then SC is probably not a good option for you.

It is there, but it is very different. The model is to not put multiple timeframes/symbols on the same chart. Instead, you build up different charts, and then in the indi you just reference the other chart/study/study array. There are some built in indi to do this, but you really need to program it depending on what you want.


Quoting 
6) Multi-broker/data connections are way too complicated. In NT7 you had to pay extra for a multi-broker license, which you don't have to do in SC, but the implementation was simpler in NT7. In SC you have to have multiple instances running and map to the data folders and set up primary and secondary mappings for each symbol. So while it's more flexible than NT, it's considerably more cumbersome to set up.

The model is a little strange, but on the flip side it seems to work rather well. SC is so light weight, that running multiple instances does not seem to bog down your system at all. I am currently running 3 instances to use IQ Feed, and two brokers, and it is a non-issue. Someone said they were working on improving this.

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  #276 (permalink)
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I'm setting up Sierra Chart.

I am using IQFeed, and it's asking for an intraday data storage time unit:
Sierra Chart - Data/Trade Service Settings

I am guessing I should be using 1 tick. I want to use 1 tick, as long as it isn't slow and doesn't crash Sierra Chart. Just looking for feedback from other users, are you using 1 tick or 1 second?

Second question, storing bid & ask data and # of records setting. What are you guys using for # of records? The default for me was 1,000 but the website says recommend 5,000 and even mentions 100,000. I have 12GB of memory so memory is not a concern, except of course that SC is probably a 32-bit app and I don't want it to crash. Looking to see what you guys are using and why.

Mike

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  #277 (permalink)
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Yay!

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My first chart with SC.

OK so another question... IQFeed has historical bid/ask, so why is the 'Bid and Ask Depth Bars' study not showing historical data?

Mike

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.

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to support our community, become an Elite Member.

 
  #278 (permalink)
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Ok one more. I even read the manual on "scaling", and I can't find anywhere how to change the height of panel 2 and 3...

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I want them to be smaller in height (occupy less screen real estate). I tried all the scaling options but nothing is allowing me to scale the entire 'panel 2' and 'panel 3' in terms of height in relation to the entire chart.

Mike

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.

 
  #279 (permalink)
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Big Mike View Post
I'm setting up Sierra Chart.

I am using IQFeed, and it's asking for an intraday data storage time unit:
Sierra Chart - Data/Trade Service Settings

I am guessing I should be using 1 tick. I want to use 1 tick, as long as it isn't slow and doesn't crash Sierra Chart. Just looking for feedback from other users, are you using 1 tick or 1 second?

Second question, storing bid & ask data and # of records setting. What are you guys using for # of records? The default for me was 1,000 but the website says recommend 5,000 and even mentions 100,000. I have 12GB of memory so memory is not a concern, except of course that SC is probably a 32-bit app and I don't want it to crash. Looking to see what you guys are using and why.

Mike

Welcome to Sierracharts, give yourself a month daily use and digging into the manuals before you throw this gem away. You are a highly educated and experienced chart user, you will be delighted with sierracharts. If you have a specific question don't hesitate to use their forum (and double post it here so we all can learn) they have some team looking at it because they react very fast. If it's not possible they will say NO without hesitation, I like that.

I use ticks and 10.000. Are you using level 5 ? I have because I use a variant of their TPO.

It's not going to crash, it can take a while to load the data but once it's loading, it's blistering fast and light. Remember that later on you will understand more how to set it up and sierracharts will perform better.

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  #280 (permalink)
Elite Member
Italy (IT)
 
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Platform: ATAS, R|Trader, NT8
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Big Mike View Post
I'm setting up Sierra Chart.

I am using IQFeed, and it's asking for an intraday data storage time unit:
Sierra Chart - Data/Trade Service Settings

I am guessing I should be using 1 tick. I want to use 1 tick, as long as it isn't slow and doesn't crash Sierra Chart. Just looking for feedback from other users, are you using 1 tick or 1 second?

Second question, storing bid & ask data and # of records setting. What are you guys using for # of records? The default for me was 1,000 but the website says recommend 5,000 and even mentions 100,000. I have 12GB of memory so memory is not a concern, except of course that SC is probably a 32-bit app and I don't want it to crash. Looking to see what you guys are using and why.

Mike

@Big Mike, storing 1tick is not a problem, it could be a little if u use a long backfilling charts based on 1 tick, is becomes very slow to loading data.

Storing bid and ask refers to time and sales data and level 2 data, so it depends on your needs, it dosen't matter for the level 1 data.

Take your Pips, go out and Live.
Luke.
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