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And what about SierraChart


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And what about SierraChart

  #201 (permalink)
 
FulcrumTrader's Avatar
 FulcrumTrader 
Austin, TX & Las Vegas, NV
 
Experience: Advanced
Platform: Investor RT Pro, NT 7.0
Trading: ES, DAX, CL, 6E
Posts: 230 since Mar 2010
Thanks Given: 32
Thanks Received: 287


cory View Post
$26/month and no recurring billing so if you don't want to use it any more you just ignore the billing reminder, fantastic feature.

That is a heck of a good deal.....hard to ignore!


Can you help answer these questions
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Sierra Chart
Trade idea based off three indicators.
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NinjaTrader
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
 
  #202 (permalink)
 
aslan's Avatar
 aslan 
Madison, WI
 
Experience: Advanced
Platform: ALT
Trading: ES
Posts: 625 since Jan 2010
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cory View Post
$26/month and no recurring billing so if you don't want to use it any more you just ignore the billing reminder, fantastic feature.

And if you like it, you can buy a year at a crack for $14.04 / month

There is no purchase option, only monthly leases, but at 14.04 / month, that is 70 months vs a $995 purchase!

At that rate, it should really be adding a grand total of $0 to your commissions if it is included by your broker. Better yet, just pay for it yourself and tell the broker to not worry about it.

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  #203 (permalink)
 
FulcrumTrader's Avatar
 FulcrumTrader 
Austin, TX & Las Vegas, NV
 
Experience: Advanced
Platform: Investor RT Pro, NT 7.0
Trading: ES, DAX, CL, 6E
Posts: 230 since Mar 2010
Thanks Given: 32
Thanks Received: 287



aslan View Post
And if you like it, you can buy a year at a crack for $14.04 / month

There is no purchase option, only monthly leases, but at 14.04 / month, that is 70 months vs a $995 purchase!

At that rate, it should really be adding a grand total of $0 to your commissions if it is included by your broker. Better yet, just pay for it yourself and tell the broker to not worry about it.

Great points......looks like I might have to get a demo and start messing around with SC.

Infinity is going to offer SC with Transact feed for order routing....right?

  #204 (permalink)
chrislb
Germany
 
Posts: 54 since Jul 2009
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MetalTrade View Post
Here the DOM in a separate window, not on the chart

You can configure a chart so it looks like a DOM with VAP if you like and hide the bars.
I trade with SC trough TT and Velocity and it works reliable, except when TT has changed the X_Trader version lately. But that was on Velocity's site.
As others mentioned befare the replay feature is for me the best I know, because you can replay while you are watching live data, or you can replay all charts in a chartbook.
For me it is not the look but the feel of a platform, which is important.

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  #205 (permalink)
 
lolu's Avatar
 lolu 
Lagos, Nigeria
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader, SierraChart
Trading: Euro Currency & Oil
Frequency: Daily
Duration: Hours
Posts: 2,552 since Jun 2009
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I subscribed to SC for some months but made a come-back to NT.

It was a little pain using a template setup for, say Euro (6E), for another instrument, say YM; you'll have to learn to do different settings for different instruments, and also for different chart types (i. e. Range, Minute, Renko, Ticks, etc). I don't like this aspect of SC. For example, if Chris makes his 6B template posted in post #204 above, available, I cannot use it "as-is" for say YM, or ES; it will not plot as required, until the settings for YM is setup.

Lolu

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  #206 (permalink)
chrislb
Germany
 
Posts: 54 since Jul 2009
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lolu View Post
I cannot use it "as-is" for say YM, or ES; it will not plot as required, until the settings for YM is setup.

That is true, because like in the VAP study you have to change the tick value. But once it is done and saved in a chartbook, I don't bother. I don't change my instruments that often .

  #207 (permalink)
 Sawtooth 
Prescott AZ USA
 
Experience: Advanced
Platform: SierraChart
Broker: Stage5, FCM:Dorman, Data:Denali, Routing:Teton
Trading: YM ES NQ
Posts: 474 since Nov 2009
Thanks Given: 219
Thanks Received: 603


lolu View Post
I subscribed to SC for some months but made a come-back to NT.

It was a little pain using a template setup for, say Euro (6E), for another instrument, say YM; you'll have to learn to do different settings for different instruments, and also for different chart types (i. e. Range, Minute, Renko, Ticks, etc). I don't like this aspect of SC. For example, if Chris makes his 6B template posted in post #204 above, available, I cannot use it "as-is" for say YM, or ES; it will not plot as required, until the settings for YM is setup.

Lolu

SC doesn't use templates. Instead, they use chartbooks, and study collections (.StdyCollct in the \data folder) shown in the Analysis menu, which you can apply to any chart.

Each chart must be set to the proper Price Display Format for the instrument symbol, but that can be handled automatically in the Global Symbol Settings pane.

The only weird thing when sharing chartbooks is with range bars, which are set in points not ticks. A 5 tick range bar chart for the ES would be set to 1.25, for the 6E it would be 0.0005, for the YM it would be 5.0, and for the TF it would be 0.5.

I guess I don't understand your concern...

  #208 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

We all know Ninjatrader has like 'extensive logs'

ninjatrader logs like everything.

They just told me today that sierracharts is logging nothing :-(

Maybe that's also a reason for performance increase ?

  #209 (permalink)
 
aslan's Avatar
 aslan 
Madison, WI
 
Experience: Advanced
Platform: ALT
Trading: ES
Posts: 625 since Jan 2010
Thanks Given: 356
Thanks Received: 1,127


MetalTrade View Post
We all know Ninjatrader has like 'extensive logs'

ninjatrader logs like everything.

They just told me today that sierracharts is logging nothing :-(

Maybe that's also a reason for performance increase ?

Why do you suppose they need all those logs? Perhaps because they know things may not work?

Anyway, I think Sierra does log your trade activity in TradeActivityLog.dat in your SierraChart dir. To me, this is what needs to be logged. Some other minor events like losing data connectivity might also be nice to know about, and perhaps if a custom indicator blew up. Besides that, not sure what else you really need to track if you have already tested the code.

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  #210 (permalink)
 Sawtooth 
Prescott AZ USA
 
Experience: Advanced
Platform: SierraChart
Broker: Stage5, FCM:Dorman, Data:Denali, Routing:Teton
Trading: YM ES NQ
Posts: 474 since Nov 2009
Thanks Given: 219
Thanks Received: 603



MetalTrade View Post
We all know Ninjatrader has like 'extensive logs'

ninjatrader logs like everything.

They just told me today that sierracharts is logging nothing :-(

Maybe that's also a reason for performance increase ?

Sierra has a Message Log, a Trade Service Log, and a Trace Activity Log. There is also a Trading Positions window, and a Trade Orders window. For them to say SC logs nothing is not accurate.

SC does lack some of the trade performance figures that Ninja provides, and what Sierra does provide is not in an easy format to grasp, but the data is there if you want to copy it to your own spreadsheet for further analysis.

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Last Updated on July 24, 2011


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