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


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

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  #1 (permalink)
 Chrismind 
Houston, TX/USA
 
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Is anyone else using SC's new Futures Data Feed? I've been using it for 3 weeks now. It is a great feed. DTN/CQG quality. I just wanted to bring this up, because I haven't seen it mentioned here.

Sierra Chart Real-Time and Historical Futures Data Feed - Sierra Chart

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  #2 (permalink)
 Rui S 
Lisbon, Portugal
 
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Chrismind View Post
Is anyone else using SC's new Futures Data Feed? I've been using it for 3 weeks now. It is a great feed. DTN/CQG quality. I just wanted to bring this up, because I haven't seen it mentioned here.

Sierra Chart Real-Time and Historical Futures Data Feed - Sierra Chart


I have been using SC data feed for 3 weeks now too. I agree, it is very good. I have been testing it side by side with IQFeed and couldn't notice any disadvantage.

They were experiencing some minor problems with some package loss but it seems to be resolved now.

So, I guess I will be unsubscribing IQFeed by the end of this week...

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  #3 (permalink)
kamicrazy
New Zealand
 
 
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Is AMP/TTnet the best for execution/low commissions when using the new Sierra Chart Futures feed?

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 Profiler 
Rio de Janeiro, Brazil
 
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Rui S View Post
I have been using SC data feed for 3 weeks now too. I agree, it is very good. I have been testing it side by side with IQFeed and couldn't notice any disadvantage.

They were experiencing some minor problems with some package loss but it seems to be resolved now.

So, I guess I will be unsubscribing IQFeed by the end of this week...

Checking in again on this, do you still like it? How exactly did you test it side by side?

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  #5 (permalink)
 Profiler 
Rio de Janeiro, Brazil
 
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Chrismind View Post
Is anyone else using SC's new Futures Data Feed? I've been using it for 3 weeks now. It is a great feed. DTN/CQG quality. I just wanted to bring this up, because I haven't seen it mentioned here.

Sierra Chart Real-Time and Historical Futures Data Feed - Sierra Chart

Still liking it? Any problems?

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  #6 (permalink)
shanemcdonald28
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AMP TT net is working perfect for me with Sierra
I use AMP cqg and now rithmic as of this week with Multicharts

Sierra never slows, locks or even hiccups. good combo in my opinion

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 Rui S 
Lisbon, Portugal
 
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Profiler View Post
Checking in again on this, do you still like it? How exactly did you test it side by side?


Yes, i am still liking SC Data feed. I don't have IQFeed anymore. The way I tested the data feeds side by side was using two SC instances, each one with one Data feed (IQFeed and SC data feed), using the same charts. SC data feed is at least as good as IQFeed, sometimes even slightly faster...

Nevertheless, SC team has been introducing some improvements for the last two weeks which caused me some minor issues after installing the latest versions but it seems to be resolved now.

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 jesslinn 
Boulder, Colorado
 
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The SC futures feed appears to timely and accurate, at least compared to IqFeed and IB data.

The interesting thing about the SC Futures feed is that it is different from all other feeds that can be used with SC, since it can and must be run in the same instance of Sierra Chart as your trade service.

This is mostly good:
1) SC automatically maps from the SC symbols to the trade service symbols.
2) Quote boards work, which is not true of remote feeds.
3) ASCIL can automatically open charts which is not true of remote feeds.

It is slightly bad since it does not appear to be possible to run the SC futures feed in a different instance of SC, which can be nice for running multiple feeds and keeping the data feed separate from the trading strategies. Also, it is a little worrisome that SC appears to be singling out their feeds as the only feeds that will truly work in an integrated way (QuoteBoards, ASCIL, ...).

SC says it will add equities in the next couple of months. Presumably, they will eventually integrate their Forex feed so it works like the futures feed. Perhaps, they will add options and all the rest of the world's data, so no other feeds will be wanted.

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  #9 (permalink)
 Chrismind 
Houston, TX/USA
 
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Yes, I am still liking it. I have only used two other data feeds, Rithmic and CTS. In my opinion, both pale in comparison as far as reliability. I just don't have any problems, ever.

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met68
Ragusa Italy
 
 
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Chrismind View Post
Yes, I am still liking it. I have only used two other data feeds, Rithmic and CTS. In my opinion, both pale in comparison as far as reliability. I just don't have any problems, ever.

I am trialling SC at the moment, but I need to have server side bracket and OCO order capability. SC have advised me that this is available through CTS. What trading service do you use with Sierrachart and their data feed? Do you have server side OCO order capability now, that you no longer use CTS?

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  #11 (permalink)
 Chrismind 
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met68 View Post
I am trialling SC at the moment, but I need to have server side bracket and OCO order capability. SC have advised me that this is available through CTS. What trading service do you use with Sierrachart and their data feed? Do you have server side OCO order capability now, that you no longer use CTS?

You need to go read the link I posted originally, and get a grasp for how this works. It's a little confusing. You still must have a data/trade service, such as CTS, Rithmic, etc. You still must have a way to execute your orders, as the SC data feed is only that, a data feed. It is not order execution. So, in my case, I still have CTS for order routing. Which means, to answer your question......Yes, I still have server side OCO since I still have the features of CTS as far as orders. So all of my data comes through SC, but when I place an order(on my DOM or any method), CTS is seamlessly integrated and all orders are still routed through CTS. I hope this makes sense.

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  #12 (permalink)
met68
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Yes, makes perfect sense. Thank you.

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  #13 (permalink)
 dunross 
new york, new york / usa
 
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Chrismind View Post
You need to go read the link I posted originally, and get a grasp for how this works. It's a little confusing. You still must have a data/trade service, such as CTS, Rithmic, etc. You still must have a way to execute your orders, as the SC data feed is only that, a data feed. It is not order execution. So, in my case, I still have CTS for order routing. Which means, to answer your question......Yes, I still have server side OCO since I still have the features of CTS as far as orders. So all of my data comes through SC, but when I place an order(on my DOM or any method), CTS is seamlessly integrated and all orders are still routed through CTS. I hope this makes sense.

Hi Chrismind,

My trading platform is also CTS. I have only been using it for a few weeks but it has been rock solid so far. I am considering adding the SC feed but I am unsure what advantage it will give me over CTS. I would appreciate it if you could share with me what the SC feed has given you that the CTS feed does not provide.

I am about to pull the trigger but thought I would check in with you first. Thanks in advance,

Mike

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gotama
Montevideo, Uruguay
 
 
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I currently use DTN and was wondering if SC data feed is providing a continuous contract (ES, 6E, CL, GC), similar to what IQFEED offers and what is the quality of it, if some has tested it.

TNX in advance.

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 chris12 
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gotama View Post
I currently use DTN and was wondering if SC data feed is providing a continuous contract (ES, 6E, CL, GC), similar to what IQFEED offers and what is the quality of it, if some has tested it.

TNX in advance.

i trade with the SC feed instead IQ since 1month. Very very good results for cheap price

It's trapped traders that matter.
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 Malvolio 
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The data feed from SC is very good and it is easy to create a continuous futures chart.

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 Bango 
Trieste, Italy
 
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hi,
I'm switching from IQfeed to Sierra Chart feed...
No doubt it's a high quality feed and plus SC have a nice feature to create continuous contracts.

But I'm struggling to have the same results.

Anyone knows how to set the proper rollover rules?

Thanks!

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 Jolew 
San Jose, CA
 
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Bango View Post

Anyone knows how to set the proper rollover rules?


What symbol are you having problems with? You can edit the rules under symbol settings, but most of them should be set up correctly already.

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 Bango 
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Jolew View Post
What symbol are you having problems with? You can edit the rules under symbol settings, but most of them should be set up correctly already.

Hello Jolew!

I didn't manage to set up bund, dax and eurostoxx50 futures: I think probably that with the default recommended settings by Sierra chart there are some mismatches with EUREX rollover dates. I hope the fault is mine, really.

ES (CME) is showing properly instead.
Sierra support told me to find out myself the setup to get the same IQfeed back-adjusted results...

So it would be great if you can post, for example, the OHLC bar you get for bund future on may 2nd 2013, with the recommended date rule back adjusting continuos contract

Thank you so much for your help.

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 Bango 
Trieste, Italy
 
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There's no mismatches with rollover dates.

I think there's something different in back adjusting amount calculations.

Using IQfeed single contracts data the result of back adjusting calculation is the same as Sierra feed...

I will contact Sierra support again...

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dougrkyle
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Anyone have any idea where the data comes from for the symbol NISS-NYSE if you are not paying the 3.25 exchange fee for NYSE indices? I have been trying to switch over to SC for internals but there Tick and adv-dec leaves a lot to be desired. wasn't even expecting it to work since I had not subscribed to the exchange indices. but it does...


anyone else come up with a SC solution for internals?

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 Profiler 
Rio de Janeiro, Brazil
 
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dougrkyle View Post
Anyone have any idea where the data comes from for the symbol NISS-NYSE if you are not paying the 3.25 exchange fee for NYSE indices? I have been trying to switch over to SC for internals but there Tick and adv-dec leaves a lot to be desired. wasn't even expecting it to work since I had not subscribed to the exchange indices. but it does...


anyone else come up with a SC solution for internals?

Can you explain why you feel the adv-dec and tick charts leave a lot to be desired?

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  #23 (permalink)
dougrkyle
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Well for me it takes several mins for the adv dec reading to get to the level I see on other platforms. SC has advised that they feel theirs is more accurate. I don't share there same view. If the market opens up with a decent gap down like today. and your first reading is -216 and other platforms open at a -1150 that's a huge difference. I might be wrong but I believe that the more accurate reading based on a gap down and the logic that most stocks on there initial trade will be declining from there close based on balancing Cash to Futures as the cash market opens would be the -1150 reading. I have also found this too be the case with Ticks as well.

You are always going to see some variances between platforms they will never be exact but reading the strength of the opening is important for me.

Doug

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 aslan 
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Can you explain why you feel the adv-dec and tick charts leave a lot to be desired?

I'll let the OP post his opinion, but I'll give a little perspective using the TICK as an example.

Most people use these internals because someone told them it was a good idea (and it is) and how to use them. This latter part is what gets people in trouble because vendor x's version of the internals does not look like vendor y, so obviously they are wrong. The issue is the person assumes that some version is "right".

When I started out, I used TradeStation and their TICK, and my first mentor also used this, and I got to know that certain levels (i.e. 400 and 800) were important for the method that was being used. TradeStation tends to be one of the gold standards for the TICK.

Later, I started using IQFeed, and had to adjust because their version just was not the same. It had the same shapes, peaks, and valleys, but the actual values were different. They claim to use the same algorithm, but have different values, hmmmm. No big deal though, because you just have to adjust your "magic" levels to the data that is provided.

Over time, I have been able to see versions from BarChart, ESignal, and a couple of others. Guess what, they are all different (even ones that are claimed to be sourced from the exchange). They all have generally the same shapes, but the values tend to be a little different. A big part of this is the sampling algorithm. If you were to calculate this index, you would have to look at all of the NYSE ticks as they go by and adjust the count accordingly. Typically, this is sampled anywhere from twice per second (Sierra) to once per 5 seconds. During that sample period, there are a lot of different values, and you can potentially miss the extremes. I know Sierra tracks the extremes during the sampling period (it is documented), not sure on the others. This is why one version might report 537 and another 564. This has gotten better as the sampling period has gotten shorter over time.

All of the vendors other than Sierra have one thing in common, namely that they will not tell you the algorithm that is used to calculate the TICK. So fundamentally, you can not say any of them is right or wrong. This lack of algorithm is the source of the final major difference between the different versions of the TICK, namely the initial value at the open.

All of the vendors, except Sierra, source the TICK only during regular market hours, and do not really tell you how they arrive at the initial value. What you can determine is it is not the initial up/down tick at the opening bell, as it regularly opens much higher or lower than the number of issues that actually traded in the first second. SO what are they using? Who knows because they will not tell you. This again becomes an issue for users because guru xyz says that when the ticks does blah-blah at the open.... The issue is they assume the version of the TICK that the guru us using is "correct".

Sierra is the only vendor that I am aware of that actually documents how they do the calculations, and provide full session (pre-regular-post) data. You have to turn it on in your chart, but you can see how the TICK runs in the pre-session and how it seamlessly transitions to the regular session. It is based on actual trades that go. It is sampled, but they do send thru all extremes.

At the end of the day, before you say any feed is right/wrong, ask if the algo is fully documented (including initial value at session start). Then you can compare apples to apples. Its also ok that they are different, as long as you learn the nuances of the particular feed and learn how to work with it.

The above also is true for the other internals.

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 Profiler 
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dougrkyle View Post
and your first reading is -216 and other platforms open at a -1150 that's a huge difference. I might be wrong but I believe that the more accurate reading based on a gap down and the logic that most stocks on there initial trade will be declining from there close based on balancing Cash to Futures as the cash market opens would be the -1150 reading. I have also found this too be the case with Ticks as well.
Doug

Im just going to take a stab at a possible cause of this and say that SC gives you the number right from the opening bell when many stocks are not yet open while DTN (for example) waits a minute or so to publish their first print. Personally I have my A/D chart start 1 min after the bell because I find the first minute to be erratic as you have noted.

@aslan excellent post and i fully concur. are you using the SC data feed? Are you happy with it?

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 aslan 
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@aslan are you using the SC data feed? Are you happy with it?

I am currently using it along side IQFeed, and will likely switch over shortly. Yes, it seems very good, and for the price it is pretty hard to beat. I do not concern myself with perceptions of the open values so could care less. Of course for others it might be very important.


Quoting 
and your first reading is -216 and other platforms open at a -1150 that's a huge difference. I

For the initial value being so off, like I explained above, the issue is the algo. In the first second, there were not that many issues traded so I would tend to think the SC value is "correct". I suspect all of the other vendors use something else at the open to initialize their values (i.e. bid-ask mid being above below prior close, or pre-market trades, etc). The problem is they do not tell you what it is. It is days like today when you have extreme opens, that show that something else is used in the algo at the open. Even if you do not like SC values, they are documented and they are what they are.

The other interesting thing about the open, is after the first 10-30 min, the other vendors values come back to the sc values. Again, this shows they are using something else to initialize the values, and then as the issues actually trade, the values all come into alignment.

I would challenge anyone to get a real description of the full algo from any of the vendors. It won't happen.

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dougrkyle
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aslan View Post

Sierra is the only vendor that I am aware of that actually documents how they do the calculations, and provide full session (pre-regular-post) data. You have to turn it on in your chart, but you can see how the TICK runs in the pre-session and how it seamlessly transitions to the regular session. It is based on actual trades that go. It is sampled, but they do send thru all extremes.

I am having a bit of trouble processing this in my head. If SC starts to calculate the adv-dec values pre-market on a major gap down like this morning I would think that at the opening bell the data based on pre-market activity would be well below -216. Market makers and stop chasers will have already traded some kinda volume pre-market on a great deal of stocks to reflect a declining value from the prior days close.

Either way I agree with the idea that each is different and processing the info on a consistent baseline is one of the most important factors in using the internals to gain an edge.

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 aslan 
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dougrkyle View Post
I am having a bit of trouble processing this in my head. If SC starts to calculate the adv-dec values pre-market on a major gap down like this morning I would think that at the opening bell the data based on pre-market activity would be well below -216.

Look at the data below. It is a 5 sec chart at the open today showing the net issues, adv issues, declining issues, and the traded issues per sec. At the open, the net was approx -215 and within the first 5-sec was at -1208. That actually seems pretty realistic to me. I suppose you could skip the first few seconds if you did not care about the 24-hour data (then you would open at ~ -1208). You can tweak the session for the symbol to start a few seconds (or a min) later to do that.

You do not see nearly as many pre-market issues traded as you might think (likely because only the big names are really traded much pre-market).


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  #29 (permalink)
dougrkyle
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Here is a great example of the differences between platforms. one thing that kinda makes me think is at TS hung around the low for 3 one min candles but SC sampling every half second never got the new low reading.

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 aslan 
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Clearly you think TS is the gold standard, so why are you not using it?

If it is clearly correct, then where is the documented algorithm that they use? Do you even know what they are looking at to generate the data? Are they including all trades, all stocks, implied trades, are some things filtered out, is there any averaging, etc.? I am not implying their feed is wrong, just that they may not be measuring the same thing. The TS feed is considered one of the standards by many (I used to use it, but TS is such a dated platform I had to move on long long ago).

But what if the TS feed is wrong? How would you know? You can not call them on it because it is not defined. What if it is not measuring the same thing?

I am sure you are looking for the perfect divergence to trade, but guess what, today TS looks good, tomorrow BarChart will look better, and the next day SC will look better. You need to pick one of them and learn its nuances and run with it.

At the end of the day, Sierra is the only one that tells you what they are measuring and how it is done, which means it is the only one that can be verified to be correct if you had access to the source feed.

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  #31 (permalink)
dougrkyle
indianapolis in usa
 
 
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I'm not sure why you think I believe TS is the Gold standard.
I think you have made some general stereo types that I am looking for the holy grail of Internals. I have been trading for more then 10+ years. I have used TS for more then 10+ yrs and agree with you on being outdated at best. I have switched to SC due to the inability to have MP in TS... But.........

I am trying to foster discussion about differences and why. Just because SC offers a syntax to show how it is being calculated doesn't mean its the correct way. It just means you can recalculate it and verify how they are doing it.

I don't spend much time on forums for this specific reason. But I do believe that others have walked my path and others have value to share.

I understand your view and appreciate your initial response.

Thanks

Doug

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  #32 (permalink)
 aslan 
Madison, WI
 
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You are correct, and I apologize for calling you out. Lets continue to have a real discussion.

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  #33 (permalink)
 Profiler 
Rio de Janeiro, Brazil
 
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aslan View Post
At the end of the day, Sierra is the only one that tells you what they are measuring and how it is done, which means it is the only one that can be verified to be correct if you had access to the source feed.

Whats the value in publishing their method for us , as daytraders (or at least me, not sure what style you trade) wondering whether to click the button in real time? Are there times when you see a tick spike but then instantly discount it because you know its prolly due to a quirk in the model?

It is true we all need to just pick one and master it but sometimes you see the TS feed and it paints a painfully obviously clearer picture of what the market was doing and you wonder, wtf, how could mine have been so different? Its frustrating.

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  #34 (permalink)
 Profiler 
Rio de Janeiro, Brazil
 
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Just thought I would post my review of SC data feed. I've been using it for a month now and I love it. I have not done rigorous statistical analysis but every time I have cross referenced the footprint on SC with that of DTN they have been identical. That means 5-10 times a day I will look at the footprint from both data feeds and check a few prints, usually the hi or low of a swing, and they are the same. Trust that for what you will.

Off the open, as previously mentioned, the NYSE breadth levels can differ from DTN by +/- 50 to 100 pts on my chart which I actually start 1 min after the open. I find this to be utterly insignificant. I'm interested in knowing if breadth is opening +1000 when it should be opening only +300, not if it's +350 vs +400. After 15-30 min they converge. The NYSE tick on SC is different from DTN just as all ticks are unique in every data feed it seems. I find them to be very similar though. If DTN tick is generally below zero then SC is generally below zero too. Sometimes DTN will give a -600 tick while SC will only do -400. But overall the "feel" of both ticks are the same for me.

Price...this is where SC is awesome. It's $35 a month plus whatever exchanges you need to add on. CME is an extra $3.25 or something so in total I'm paying $38 a month for what I feel is exactly the same service that DTN was charging me 90. I'm not running HFT, I don't need microsecond time stamps or whatever DTN sells. Probably you don't either but I digress.

In conclusion, I love it and recommend it. Check it out if you want for a month and risk 38 bucks.

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  #35 (permalink)
 GreatDane 
Tampa, FL
 
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Profiler View Post
Just thought I would post my review of SC data feed. I've been using it for a month now and I love it. I have not done rigorous statistical analysis but every time I have cross referenced the footprint on SC with that of DTN they have been identical. That means 5-10 times a day I will look at the footprint from both data feeds and check a few prints, usually the hi or low of a swing, and they are the same. Trust that for what you will.

Could you clarify if your prints match aside from at the swing highs/lows? Those - I think simply because they're smaller prints, though it could be for another reason - would usually match my TransAct and DTN, but everywhere else TransAct was way different. And I know DTN was the correct one.
So could you check and give feedback with respect to the footprint at other than the swing highs/lows? Thanks!

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  #36 (permalink)
 Profiler 
Rio de Janeiro, Brazil
 
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JackJ View Post
Could you clarify if your prints match aside from at the swing highs/lows? Those - I think simply because they're smaller prints, though it could be for another reason - would usually match my TransAct and DTN, but everywhere else TransAct was way different. And I know DTN was the correct one.
So could you check and give feedback with respect to the footprint at other than the swing highs/lows? Thanks!

Sorry man but i already cancelled my DTN feed so I cant.

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  #37 (permalink)
 GreatDane 
Tampa, FL
 
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Understand. Would you be able to post a screenshot of your footprint with the SC feed? Thanks!

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  #38 (permalink)
 Profiler 
Rio de Janeiro, Brazil
 
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this work?

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  #39 (permalink)
 sixsmith07 
Oslo, Norway
 
Experience: Intermediate
Platform: NT, Sierra
Broker: IQFEED Stage5
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@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?

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  #40 (permalink)
 LukeGeniol 
Italy (IT)
 
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There are many data services for SC, iqfeed too. Go on the SC website and read the compatible data services. Some are good and same not, it depends also what data use your broker.

Take your Pips, go out and Live.
Luke.
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  #41 (permalink)
 trendandfade 
Hasselt Belgium
 
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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)
 Big Mike 
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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.

Mike

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  #43 (permalink)
 Big Mike 
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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)
 sixsmith07 
Oslo, Norway
 
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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)
 Big Mike 
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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)
 LukeGeniol 
Italy (IT)
 
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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.
Luke.
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  #47 (permalink)
 learning0101 
Houston, Texas
 
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why no one has used the @SierraChart or @DTN IQFeed to bring them into the discussion?

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  #48 (permalink)
 LukeGeniol 
Italy (IT)
 
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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)
 Profiler 
Rio de Janeiro, Brazil
 
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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)
 IconBob 
Beulah MI USA
 
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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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  #51 (permalink)
 mattz   is a Vendor
 
 
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Sierrachart is an excellent platform because it's integration with other data feeds is fairly smooth.
Not all broker neutral and data neutral have such integration.

BTW, Hong Kong Futures are now available via CQG on Sierra.

Thanks,
Matt Z
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  #52 (permalink)
 GreatDane 
Tampa, FL
 
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Based on footprint comparisons, DTN IQ (the long term gold standard), is matched with CQG and (I believe) Kinetick. Those referencing the SC (Barchart) data, has anyone compared it with those others on a footprint chart, to see if they bid-ask numbers match exactly or not? That's the best way to compare, I believe. Thanks.

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  #53 (permalink)
 mattz   is a Vendor
 
 
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Consider also Rithmic for your data. After all, it does provide historical data and very accurate data from the exchange.

Matt Z
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