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Moving from Tradestation to Sierra Chart
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Moving from Tradestation to Sierra Chart

  #1 (permalink)
Elite Member
Seoul, Korea
 
Futures Experience: Master
Platform: Sierra Chart
Broker/Data: Private
Favorite Futures: CL, GC, ES
 
Posts: 27 since Nov 2014
Thanks: 11 given, 22 received

Moving from Tradestation to Sierra Chart

Hello

Actually this is my first post after becoming an elite member

I have been using tradestation for a long time and last week I changed my platform to Sierra Chart.

It took me about 3 hours to make SC look similar to tradestation format.

So far I am quite impressed with Sierra Chart because it loads up instantly with more feature than what Tradestation could offer.

So the point of this thread is, are there any settings that I need to be aware of using Sierra Chart?

For example, I found out about chart refreshing rate so I lowered it to 10ms.

I am an intra-day day trader so fast update is very critical.

Anything else for the settings so that I can reduce dumb mistakes?


Couple more questions if anyone can answer it it would be great

1. For keyboard hotkey trade, does dom always have to be active? Sometimes I click on the chart and when I press hotkey no execution goes through; therefore, I have to click on dom before using hotkey. This is kind of annoying, but still it is much more convenient than Tradestation.

2. There is an option for automatically forwarding contract. Do you guys do it by days or volume? What is the best option here?

3. SC seems to only show net gain or loss on the dom without commission. Are there any fix for this?


Thanks in advance guys!

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  #2 (permalink)
Elite Member
Sweden
 
Futures Experience: Intermediate
Platform: Multiple
Favorite Futures: Multiple
 
Posts: 31 since Jun 2009
Thanks: 66 given, 25 received

You can look at this videos for some help.
Infinity Futures

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  #3 (permalink)
Elite Member
Georgia, US
 
Futures Experience: None
Platform: Various
Favorite Futures: Various
 
josh's Avatar
 
Posts: 4,897 since Jan 2011
Thanks: 5,143 given, 11,242 received


Congrats on switching. Give it some time and you will find many settings and features which you may find helpful. I'd say about 3-4 weeks of active use should give you time to really find out what it can do, and to tailor it how you want it. Best advice is to not worry about making "mistakes" and just play with the software and explore it.


SeoulPropTrader View Post
1. For keyboard hotkey trade, does dom always have to be active? Sometimes I click on the chart and when I press hotkey no execution goes through; therefore, I have to click on dom before using hotkey. This is kind of annoying, but still it is much more convenient than Tradestation.

If I'm understanding you correctly -- the DOM is a separate "chart" unto itself. So if you have a DOM open, it has to be the active window for hotkeys to work with it, I think. Otherwise, if you had multiple DOMs open, how would SC know which one the hotkey was directed to?


SeoulPropTrader View Post
2. There is an option for automatically forwarding contract. Do you guys do it by days or volume? What is the best option here?

Depends on the contract. For equity index futures, a date is what most use. For crude oil, it would be volume-based, for example.



SeoulPropTrader View Post
3. SC seems to only show net gain or loss on the dom without commission. Are there any fix for this?

I do not know, but I don't think so. You can ask SC support.

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  #4 (permalink)
Elite Member
Barcelona Spain
 
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: ES, gold, oil, silver
 
Posts: 24 since May 2012
Thanks: 13 given, 23 received

Hi guys,

In reference for Sierra Chart questions, you may find a complete video tutorial here were you may find responses to most common questions

https://www.youtube.com/playlist?list=PLOGjoJXp0cmpaY-rXK1FsEc5a2QRqk3tc

It helped me a lot getting on with the platform

Nice trading

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  #5 (permalink)
Elite Member
Seoul, Korea
 
Futures Experience: Master
Platform: Sierra Chart
Broker/Data: Private
Favorite Futures: CL, GC, ES
 
Posts: 27 since Nov 2014
Thanks: 11 given, 22 received

Thanks Jfairtrade, josh, platon

You guys rock!

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  #6 (permalink)
Elite Member
Seoul, Korea
 
Futures Experience: Master
Platform: Sierra Chart
Broker/Data: Private
Favorite Futures: CL, GC, ES
 
Posts: 27 since Nov 2014
Thanks: 11 given, 22 received

I think Sierra Chart is a good software with very bad packaging (graphics).

I am pretty sure when newbies see this software for the first time they will be very disappointed.

After learning what SC can do, I am quite impressed!

I can't believe I have been using slow tradestation for so long!

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