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Sierra Chart's new data feed......
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Sierra Chart's new data feed......

  #41 (permalink)
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I know the TICK calculation is not standard, but on the sierra datafeed it's much more positive as the other feeds.

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  #42 (permalink)
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sixsmith07 View Post
@Big Mike i saw on the spoo thread that you changed to the SC real time data. Didnt want to post there off topic soo..

I know youre a big believer in iqfeed so was wondering what made you change...i only ask because i use IRT and Iqfeed and its costly. was thinking of switching to SC and their data feed as it would be less than half the price. obviously not interested if the data leaves much to be desired. Anyone have a longer term review that has used both?

Price has nothing to do with it. Unless you aren't actually trading, the cost is negligible at around $100 a month. Trading is not free...

DTN is hands down the best retail feed available, in my opinion. I am still using it for my algorithmic trading in Chicago. I switched to Sierra on my workstation for my discretionary trades because I was having some integration issues with running multiple instances of Sierra, and Sierra seems to have stopped focusing any development efforts in that direction, instead focusing solely on their own data feed.

It is too bad they didn't choose DTN as a partner for their data feed, like NinjaTrader did with Kinetick. I would have preferred that option.

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  #43 (permalink)
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trendandfade View Post
I know the TICK calculation is not standard, but on the sierra datafeed it's much more positive as the other feeds.

Yes, this is a major concern of mine as well. I've been trying to figure out a way to make it work all day, so far no go.

Mike

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  #44 (permalink)
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Big Mike View Post
Price has nothing to do with it. Unless you aren't actually trading, the cost is negligible at around $100 a month. Trading is not free...

DTN is hands down the best retail feed available, in my opinion. I am still using it for my algorithmic trading in Chicago. I switched to Sierra on my workstation for my discretionary trades because I was having some integration issues with running multiple instances of Sierra, and Sierra seems to have stopped focusing any development efforts in that direction, instead focusing solely on their own data feed.

It is too bad they didn't choose DTN as a partner for their data feed, like NinjaTrader did with Kinetick. I would have preferred that option.

Mike

I know pricing doesn't have anythhing to do with it for you, and it wont for me in the future (hopefully). However, when you are learning its always tough to shell out 150-200 bucks a month to learn when there is a very comparable option that is half the price. However, I wont settle for substandard data, hence why I asked someone who has used both and knows how good IQfeed is.

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  #45 (permalink)
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sixsmith07 View Post
I know pricing doesn't have anythhing to do with it for you, and it wont for me in the future (hopefully). However, when you are learning its always tough to shell out 150-200 bucks a month to learn when there is a very comparable option that is half the price. However, I wont settle for substandard data, hence why I asked someone who has used both and knows how good IQfeed is.

It largely depends on your requirements.

I believe the price difference is only about $50 a month, maybe less. Make sure you are getting the exchange waivers.

Mike

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  #46 (permalink)
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sixsmith07 View Post
I know pricing doesn't have anythhing to do with it for you, and it wont for me in the future (hopefully). However, when you are learning its always tough to shell out 150-200 bucks a month to learn when there is a very comparable option that is half the price. However, I wont settle for substandard data, hence why I asked someone who has used both and knows how good IQfeed is.


SC with rithmic data is good, ask your broker if it support rithmic data, I went on Stage 5 website and it seems to me that they using OEC data that it's not so good. It depends also what you have to do with the data, if you are using it to plot some tools for volume analysis then you need a good data that plot almost every tick and bid ask volume otherwise it enough also OEC data.

Take your Pips, go out and Live.
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  #47 (permalink)
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curious

why no one has used the @SierraChart or @DTN IQFeed to bring them into the discussion?


Last edited by learning0101; March 2nd, 2015 at 05:48 PM.
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  #48 (permalink)
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learning0101 View Post
why no one has used the @SierraChart to bring them into the discussion?

SierraChart wont tell you what data is better.

Take your Pips, go out and Live.
Luke.
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  #49 (permalink)
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sixsmith07 View Post
Anyone have a longer term review that has used both?

I have used SC for both data and charting for over a year now im guessing and its awesome (I switched from IRT and IQ). I think you will find the charting software to have a less premium feel to it but every bit as functional as IRT. No difference whatsoever between data feeds. Really cant emphasize enough how glad I am I made the switch.

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  #50 (permalink)
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I've used for the past year and a half both IQfeed and SC data (which is from Barchart) and have noticed zero difference in the quality and speed (Barchart servers are at the CME, IQfeed distribute from I believe Omaha NE).

With $TICK and other computed indexes, SC data computes 4 to 6 time the data points. or about 4 or 5 points per second. Useful because more likely to catch extremes.

For platforms, I use Ninja Trader 7 with Order Flow Analytics software among others and Sierra Charts. Broker data feeds have been Rithmic and the defunct Zen-Fire which was a version of Rithmic.

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