Market Depth/chart setups - futures io
futures io futures trading



Market Depth/chart setups


Discussion in Sierra Chart

Updated by Neo1
    1. trending_up 2,026 views
    2. thumb_up 3 thanks given
    3. group 3 followers
    1. forum 6 replies
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Market Depth/chart setups

(login for full post details)
  #1 (permalink)
San Francisco
 
 
Posts: 4 since Jul 2016
Thanks: 1 given, 0 received

i just got sierra chart setup and i have a couple questions

1. i have 5 chart books open, 1 for each symbol i would like to trade. And in each chart book i then have a 1 min, 5 min, 30 min chart etc. is there a way to save all of these as a whole work space so i do not have to reopen each chart book every time i close or open the program? i also have DOM traders open for each one and the market depth windows have to be reopened every time... i can deal with this but its annoying.

2. my DOM trader and market depth windows for the EUR and GBP futures are not showing more than one bid and ask price. my JPY is only showing 4 bid and asks, and my ES is only showing 4 on the bid with 4 0.00s after and then the ask is all 10 levels..(i think the ES might have shown 10 and 10 before). I am using IB for my data and in TWS its correctly displaying the bid/ask data. Am i missing a setting? i have cycled power and reopened the charts/dom.

Thank you for any answers/help in advance. new to this forum, i really see potential in this sierra chart and would like to be able to get a good 15 day test drive!

Reply With Quote

Can you help answer these questions
from other members on futures io?
where to trade e-mini currency futures
Emini and Emicro Index
Scan by comparing SMAs within 5 mins
ThinkOrSwim
Cumulative Bid/Ask Chart resets after 2Billion
MultiCharts
Buying at the bid, and/or selling at the ask, chasing market
NinjaTrader
TOS to NT8... Need help converting a simple indicator
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Is anyone actually making money?
190 thanks
Micro account vs Funded account (combine)
53 thanks
Are sharks watching on the other side?
32 thanks
Market profile entries/exits
25 thanks
Spoo-nalysis ES e-mini futures S&P 500
24 thanks
 
(login for full post details)
  #2 (permalink)
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
 
Posts: 1,866 since Sep 2009
Thanks: 3,282 given, 1,498 received


e368guy View Post
i just got sierra chart setup and i have a couple questions

1. i have 5 chart books open, 1 for each symbol i would like to trade. And in each chart book i then have a 1 min, 5 min, 30 min chart etc. is there a way to save all of these as a whole work space so i do not have to reopen each chart book every time i close or open the program? i also have DOM traders open for each one and the market depth windows have to be reopened every time... i can deal with this but its annoying.

2. my DOM trader and market depth windows for the EUR and GBP futures are not showing more than one bid and ask price. my JPY is only showing 4 bid and asks, and my ES is only showing 4 on the bid with 4 0.00s after and then the ask is all 10 levels..(i think the ES might have shown 10 and 10 before). I am using IB for my data and in TWS its correctly displaying the bid/ask data. Am i missing a setting? i have cycled power and reopened the charts/dom.

Thank you for any answers/help in advance. new to this forum, i really see potential in this sierra chart and would like to be able to get a good 15 day test drive!

re:

1/ see here: Sierra Chart

The SierraChart site (Support Board and On-line documentation) are a wealth of knowledge. Using the search tools finds most answers - just like I did here

2/ Can't answer as I have no experience with IB

Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
Reply With Quote
The following user says Thank You to steve2222 for this post:
 
(login for full post details)
  #3 (permalink)
San Francisco
 
 
Posts: 4 since Jul 2016
Thanks: 1 given, 0 received


thanks steve perfect answer for number 1. yea searching was hurting my head i must have just missed it as i have been searching so many things, it can be hard to just find out what one thing is labeled to change the color of it haha! sierra chart has so many settings its bittersweet! getting it tuned is a chore that i would hate to have to redo some day!

Reply With Quote
 
(login for full post details)
  #4 (permalink)
San Francisco
 
 
Posts: 4 since Jul 2016
Thanks: 1 given, 0 received

ANSWERED for whom it may concern : well i did some searching and found that unfortunately you can only obtain market depth for 3 symbols at a time with interactive brokers. so i guess if you use IBKR data and plan to trade more than any 3 markets regularly you are screwed unless subscribing to other data or using another broker for data feed.


Reply With Quote
 
(login for full post details)
  #5 (permalink)
Christchurch, New Zealand
 
Experience: Beginner
Platform: SC
Broker: IB, BC, Dx Feed
Trading: US Equities
 
Neo1's Avatar
 
Posts: 428 since Jul 2014
Thanks: 471 given, 496 received


e368guy View Post
ANSWERED for whom it may concern : well i did some searching and found that unfortunately you can only obtain market depth for 3 symbols at a time with interactive brokers. so i guess if you use IBKR data and plan to trade more than any 3 markets regularly you are screwed unless subscribing to other data or using another broker for data feed.


Not sure why a Sierra chart user would consider using IB for futures data- With IB data you can't really pull accurate bid/ask allocation. Sierra also provides data at a rock bottom price, they are basically giving it away.

IB data is only useful for niche instruments, eg like when no one else supported the Nikkei 225 mini. Or equities depth, since no other retail provider offers the same level of depth. Even IQ feed / Nanex can not offer what IB does it terms of depth from each Exchange/ECN

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
Reply With Quote
The following user says Thank You to Neo1 for this post:
 
(login for full post details)
  #6 (permalink)
San Francisco
 
 
Posts: 4 since Jul 2016
Thanks: 1 given, 0 received


Neo1 View Post
Not sure why a Sierra chart user would consider using IB for futures data- With IB data you can't really pull accurate bid/ask allocation. Sierra also provides data at a rock bottom price, they are basically giving it away.

IB data is only useful for niche instruments, eg like when no one else supported the Nikkei 225 mini. Or equities depth, since no other retail provider offers the same level of depth. Even IQ feed / Nanex can not offer what IB does it terms of depth from each Exchange/ECN


ill definitely check into there pricing. im kind of n00b to the futures world. Ive been using IB for stocks/options and also TOS. i then started on futures a while ago in TOS and there platform was great but figured its better having one account on IB and of course there commission beats tos.


i have noticed that when comparing the data feed with say think or swim it comes in very different and i often see large prints that i cant find in TOS or even TWS... not even combined.

for instance ill see TWS/Sierra printing blocks of 200~ etc with smaller ones in between however a lot of the large prints like that will show in TOS as a aggregate of different sizes i.e. 15, 25, 1,1, 35 etc.

ill also see mysterious huge prints in sierra like 1000+ that dont seem to exist anywhere else.

Reply With Quote
 
(login for full post details)
  #7 (permalink)
Christchurch, New Zealand
 
Experience: Beginner
Platform: SC
Broker: IB, BC, Dx Feed
Trading: US Equities
 
Neo1's Avatar
 
Posts: 428 since Jul 2014
Thanks: 471 given, 496 received


e368guy View Post
ill definitely check into there pricing. im kind of n00b to the futures world. Ive been using IB for stocks/options and also TOS. i then started on futures a while ago in TOS and there platform was great but figured its better having one account on IB and of course there commission beats tos.


i have noticed that when comparing the data feed with say think or swim it comes in very different and i often see large prints that i cant find in TOS or even TWS... not even combined.

for instance ill see TWS/Sierra printing blocks of 200~ etc with smaller ones in between however a lot of the large prints like that will show in TOS as a aggregate of different sizes i.e. 15, 25, 1,1, 35 etc.

ill also see mysterious huge prints in sierra like 1000+ that dont seem to exist anywhere else.

https://www.sierrachart.com/index.php?page=doc/SierraChartRealTimeFuturesStockDataFeed.php

$35 plus whatever exchanges you need.

"Full CME Group (CME, CBOT, COMEX, NYMEX) with Market Depth for nonprofessional Trading accounts: Price 15.75 USD/month. Can only be used by Sierra Chart users with a trading account with one of the supported futures Trading Services.
Symbols: CME, GBLX, CBOT, CBOTM, COMEX, CXMI, NYMEX, NYMI"

I doubt TWS provides accurate tick data.

If you want to verify the data you are looking at then just load up the equivalent symbol/ chart using Sierra Chart Historical Data- it's free, and should match whatever you would have seen in the real time feed. It should also closely match the likes of IQ feed, CQG, Rithmic in terms of trade size & bid/ask allocation.

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
Reply With Quote
The following user says Thank You to Neo1 for this post:


futures io Trading Community Platforms and Indicators Sierra Chart > Market Depth/chart setups


August 1, 2016


Upcoming Webinars and Events
 

Every journal equals ten meals for the hungry

Now
     



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts