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Hmmmm, don't know if i really need it, but it is for testing some indicators that actually use the seconds as resolution, to see if there are differences and maybe to improve them.
@vegasfoster, I know you recently are trying Sierra Charts. I hope you'll share your first impressions and feedback as you go, I'd like to learn more about this platform.
Just found out from my Velocity Rep (@Dale Box) that Velocity is adding Sierra Chart to their line up and it will be "free" (bundled in commission), like NinjaTrader, X_Trader etc etc.
The commission structure will be up on the website soon but Dale told me it will be a good bit cheaper than NinjaTrader, something around 3.30 R/T on ES.
I can chip in here as I began using Sierra Charts about a month ago when I lost faith in NT's stabilty for my ATS. I don't do discretionary trading, only automated, so my views are based on its ATS and programming characteristics.
Programming learning curve:
Pretty steep even though I have 20+ years as a programmer. To begin with I struggled to understand how to program it. I had no C++ experience and I found the online manuals very difficult to follow. It made developing NinjaScript seem like a walk in the park.
I almost gave up a couple of times, but hung in there as I really didn't want to deal with Easy Language in Multi Charts. I'm now finding using ACSIL pretty straightforward and powerful and like the compiled C++ as everything seems so fast compared to NT and NinjaScript.
Speed and stability
Indicators respond very quickly, charts load fast and the whole app seems rock solid. It also has a low resource requirement and I am coming to trust it for an ATS platform, whereas I was constantly fearful of a chart corruption or lock up with NT.
Market Replay
I initially thought that the market replay was inferior to NT, however I was wrong. You don't need to constantly "record the market" and you don't get the the slow loading of data and that stupid replay start date of 2099 with NT. You just scroll backwards and fine tune replay speed and start position so you can tune your automated trade entries and money management.
Contract Rollovers
I'm not so sure about this aspect of SC as I haven't had to do any rollovers yet. I've watched their videos about how to do it and it looks pretty complex compared to the simplicity of the NT 7 approach.
Support
Fantastic via their forum and they seem very willing to incorporate new suggestions into their next versions. That really is awesome.
Overall
I was beginning to think I had to build my own ATS platform, which I really didn't want to do, however having persevered with SC I realise that I have now found the best platform on which to develop my automated systems. It is also very good value for money.
